Alibaba to $300? Why Qwen3 AI Could Trigger the Next Big Rally.
Core Insights - Alibaba is positioning itself for a significant resurgence beyond e-commerce, leveraging a new AI model and substantial buyback funds [1] Group 1: Company Developments - Alibaba has introduced a powerful new AI model, indicating a strategic shift towards technology innovation [1] - The company has billions allocated for stock buybacks, suggesting confidence in its future performance and potential stock price appreciation [1] Group 2: Market Implications - There is speculation that Alibaba could be a hidden gem in the AI revolution, with Wall Street potentially overlooking its growth prospects [1]