Read here for an update on Alibaba's strong growth with bullish YTD momentum, impressive AI tools, and expanding cloud and international segments.
Alibaba’s 239% profit surge boosts shares nearly 15%, while Amazon tops Walmart in revenue for the first time. Is tech taking over retail dominance?
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
Tesla, Apple, Microsoft, Amazon.com, Berkshire Hathaway, Costco Wholesale, and Alibaba Group are the seven Retail stocks to watch today, according to MarketBeat’s stock screener tool. Retail stocks are shares of companies that operate in the consumer retail sector,
Alibaba surged 7% on Thursday after it made one of its AI models public, signaling how the party isn't over for Chinese tech stocks.
Tesla, Apple, Amazon.com, Microsoft, Alibaba Group, Keurig Dr Pepper, and Vistra are the seven Retail stocks to watch today, according to MarketBeat’s stock screener tool. Retail stocks are shares of companies that sell goods and services directly to consumers.
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China.
Alibaba Group Holding Ltd has announced a massive investment of $53 billion in artificial intelligence (AI) infrastructure, including data centers, in the next three years. The move highlights the e-commerce giant's ambition to become a global leader in AI technology.
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