Alibaba Stock Surges Following Jack Ma's Meeting with Xi Jinping

Reported 2 days ago

Alibaba's stock experienced a rise on Tuesday as investors anticipate the company's earnings report scheduled for Thursday. This uptick follows a pivotal meeting between Alibaba co-founder Jack Ma and Chinese President Xi Jinping, reflecting China's intent to adopt a more business-friendly approach. Analysts are keenly observing investor sentiments, particularly regarding Alibaba's advancements in artificial intelligence.

Source: YAHOO

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