Barclays lowered Alibaba's price target slightly from $190 to $186 while maintaining an Overweight rating, reflecting confidence in Alibaba's aggressive AI and cloud investments. Alibaba's Cloud Intelligence Group revenue grew 36% year-over-year, with AI product revenue seeing triple-digit growth for ten straight quarters. Despite near-term profit pressure and a 67% drop in net income last quarter, Barclays believes Alibaba's $100 billion revenue goal in cloud and AI over five years is achievable. Investors should consider the long-term potential against current margin compression and stock price down 12% year-to-date.
China's regulator has approved Apple Intelligence, Apple's generative AI service, for launch in China through a partnership integrating Alibaba's Qwen AI model into Apple’s operating systems. This collaboration enables AI features like text and image...
Alibaba confirmed that its Qwen AI model will be integrated into Apple's iOS, iPadOS, macOS, and visionOS services for users in China, leading to a 4% rise in its U.S.-listed shares in premarket trading. This integration allows users to access advanc...
Pomerantz LLP is investigating Alibaba Group for potential securities fraud and unlawful business practices following reports that Alibaba illicitly accessed AI technology and failed to prevent illegal pharmaceutical sales on its platform. These alle...
Last week, leveraged ETFs linked to Alibaba, Meta, Broadcom, and Nvidia delivered strong gains ranging from 17% to over 34%. Alibaba-focused ETFs led with over 34% returns, driven by positive earnings previews, AI revenue growth, and share buybacks. ...
In Q2 2026, Baird's Chautauqua International Growth Fund returned +10.39%, trailing the MSCI ACWI ex-U.S. Index's +14.49%. Key detractors included Alibaba and Lululemon, while Recruit and ASML contributed positively. The Global Growth Fund also lagge...
