Shares of Alibaba Group Holding Ltd. (BABA, Financial) seem to have begun a bottoming out process after trading near lows between $55 and $80 for some time. Nevertheless, now at $85, shares are still down 72.40% from their peak in 2020, when shares were $308 per share.While we would expect a company with this kind of price action to have seen its fundamentals crumble, we believe the opposite is happening with Alibaba, as we see great future prospects as the underlying fundamentals have recently stabilized. ...

Alibaba Group Holding (NYSE: BABA ) ( OTCPK:BABAF ) made the rounds on social media again Friday, as filings revealed that the company had repurchased $275 million worth of stock that week. The filings revealed that BABA’s buybacks continued apaceAnalyst’s Disclosure: I/we have a beneficial long position in the shares of BABA, PDD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than fr ...

Alibaba Group Holding Ltd - ADR (NYSE:BABA) and semiconductor giant Nvidia (NVDA) recently announced they are collaborating on an advanced autonomous-driving solution for Chinese automakers using artificial intelligence (AI). Below, we will take a look at how BABA is reacting, and check on its China-based peers Baidu Inc (NASDAQ:BIDU) and JD.Com Inc (NASDAQ:JD).BABA is up 2.1% to trade at $90.12 at last check, and earlier hit a fresh 52-week high of $91.14, breaking above a ceiling at the $86 level. The 40- ...

AI has been a bright spot for the company.It's been tough going for Alibaba Group (BABA -0.23%), with its stock cut in half over the past five years. The company has had to deal with a long period of COVID lockdown restrictions, a sluggish Chinese economy following the lifting of lockdown restrictions, and intensified competition in its largest segment, e-commerce.However, one bright spot the company has been seeing is in the area of artificial intelligence (AI). Alibaba is now looking to make a bigger push ...

Hi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 26 years old. In 2023 I graduated in Business Administration and I am completing my studies. My interest in financial markets started about 5 years ago when I accidentally came across a video about trading. That was the spark that introduced me to a new world, but over time I realized that it was not my path: too many charts, lines, and not very concrete concepts for a pragmatic person like me. I needed something different ...

Alibaba's release of over 100 open-source artificial intelligence models and text-to-video technology signals its growing focus on AI for digital commerce. The Chinese tech company's expansion in generative AI aims to provide businesses with new tools for customer engagement and content creation in online retail and marketing. The move could democratize access to advanced AI tools, particularly benefiting small- to medium-sized businesses (SMBs). "Large tech incumbents, whether Alibaba or Meta, are playing ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in BABA over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The inf ...

Alibaba (BABA) shares have gained 13.6% in the past three months, outperforming the Zacks Internet-Commerce industry’s return of 3.6%, the Zacks Retail-Wholesale sector's rise of 4.6% and the S&P 500’s rally of 2.6%.The company has been benefiting from solid momentum in the Alibaba International Digital Commerce Group (“AIDC”) business, which is comprised of Lazada, AliExpress, Trendyol, Alibaba.com, and other businesses operating in the international retail and wholesale markets.BABA’s strategic investment ...

U.S.-listed Alibaba Group Holding (BABA) shares are trading notably higher Thursday after the Chinese e-commerce giant released over 100 open-source artificial intelligence (AI) models and a new text-to-video tool, according to media reports. At last check, BABA stock was up around 4%.The new AI models, dubbed Qwen 2.5, are designed for use in a wide range of applications and sectors, and have more advanced capabilities in math and coding, according to CNBC. The text-to-video tool is based on Alibaba's AI m ...

Core Insights - Alibaba has released over 100 open-source AI models, named Qwen 2.5, to enhance its competitive edge against rivals like Baidu, Huawei, Microsoft, and OpenAI [1][2] - The open-source models are designed for various applications, including automobiles, gaming, and scientific research, and are capable of understanding prompts and generating text and images [1][2] - Alibaba's proprietary model, Qwen-Max, has been upgraded and reportedly outperforms competitors in reasoning and language comprehension [2] Group 1 - The open-source nature of the Qwen models allows global researchers, academics, and companies to create generative AI applications without the need for extensive training, thus saving time and costs [2] - Since the launch of the Qwen model last year, Alibaba's open-source models have been downloaded 40 million times, indicating strong interest and usage [2] - Alibaba has introduced a new text-to-video tool that generates videos based on user prompts, similar to OpenAI's Sora [3] Group 2 - Alibaba Cloud is significantly investing in AI research and development, aiming to build a robust global infrastructure [3] - The company is facing challenges such as increased competition and a sluggish Chinese consumer market, prompting efforts to rejuvenate growth [4] - Despite being a major player in China's cloud computing sector, Alibaba lags behind international competitors like Amazon and Microsoft, and is hoping its AI advancements will attract more customers to its cloud services [4]