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Alibaba Stock Jumps as AI Bets Face a May 13 Earnings Test
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Alibaba Stock Jumps as AI Bets Face a May 13 Earnings Test
Alibaba’s U.S.-listed shares jumped 6.6% to $141.04 on Wednesday, driven by renewed investor interest in artificial intelligence infrastructure. The rally comes ahead of Alibaba’s March-quarter and fiscal-year earnings report due May 13. Investors are watching for signs that cloud and AI gains can offset weak e-commerce demand. Competitors like DeepSeek are also drawing attention in the AI sector. The post Alibaba Stock Jumps as AI Bets Face a M…
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