Reported 1 day ago
Alibaba Group's stock has surged over $110 billion amid AI optimism, spurred by co-founder Jack Ma's meetings and successful collaborations. However, upcoming earnings will reveal if Alibaba can maintain momentum amidst competition and market uncertainties, with analysts closely monitoring its cloud business growth and overall profitability. Any disappointment, similar to Baidu's recent results, could impact expectations significantly.
Source: YAHOO