Alibaba Shares Rise on AI Strength. Can the Stock's Momentum Continue? @Themotleyfool #Stocks $BABA $AMZN $EBAY $SAP

Alibaba Shares Rise on AI Strength. Can the Stock's Momentum Continue? @themotleyfool #stocks $BABA $AMZN $EBAY $SAP

Key PointsAlibaba saw accelerating cloud computing growth and continued signs of an e-commerce turnaround.However, heavy investments in quick commerce weighed on its overall profitability. The stock still looks attractively valued even after its recent run. 10 stocks we like better than Alibaba Group › Alibaba (NYSE: BABA) shares jumped after the Chinese company continued to show signs of a turnaround, led by strong growth in its e-commerce and …

CWEB Business News Alibaba Stock Surges on AI-Driven Cloud Growth Despite Earnings Shortfall

Alibaba Group Holdings Ltd. (NYSE: BABA) witnessed a significant rise in its share price following its second-quarter earnings release, even as the company’s revenue and profit figures came in below analyst expectations. The market’s bullish response was primarily fueled by a remarkable acceleration within the company’s cloud computing division, a surge directly attributed to rising […]

Alibaba shares surge 19% on cloud computing success

Alibaba Group’s shares listed on the Hong Kong Stock Exchange surged 19% following the release of impressive financial results, with the company’s cloud computing division showing powerful performance. The significant stock price jump reflects investor confidence in the Chinese tech giant’s strategic focus on artificial intelligence technologies. The remarkable share price increase came after Alibaba reported better-than-expected results from it…