Why Alibaba Rallied Today
Shares of Chinese tech giant (NYSE: BABA) rallied 8.1% on Tuesday.
Alibaba is not only a leader in e-commerce and digital payments but also an artificial intelligence (AI) leader in China. Its open-source model Qwen is thought to be among the best open-source models out there, ranking close to or above the latest DeepSeek on independent scoring boards such as Live Bench.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
€102.20
-0.970%
The stock is one of the favorites of our community with 42 Buy predictions and 4 Sell predictions.
With a target price of 122 € there is a slightly positive potential of 19.37% for Alibaba Group Holding Ltd ADR compared to the current price of 102.2 €.
