$BABA-W(09988)$ Alibaba shares

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$BABA-W(09988)$ Alibaba shares surged approximately 10% today, after the company announced a significant increase in its investment in AI and cloud infrastructure beyond its original target, alongside the release of a new AI model. The company's CEO, Eddie Wu, cited rapid AI industry development and exceeding demand for AI infrastructure as reasons for the increased spending, which has positively impacted investor sentiment and supports a bullish outlook for Alibaba's AI and cloud computing businesses.

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Norton Rebecca
·09-25
10% surge on hype! Cloud margin dips,profit taking may drag it back to HK$160!
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Maurice Bertie
·09-25
Qwen3 + RMB380B investment! 18% cloud growth.HK$200 is within reach soon!
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JackQuant
·09-24
I’m bullish on Ailibaba!
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CuritisCissie
·09-24
BUY NOW! 🚀
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