FOMO Builds as Alibaba Extends $250 Billion AI-Fueled Comeback
Yahoo Finance·2025-10-03 02:36
Fund managers see potential for Alibaba Group Holding Ltd. to extend the $250 billion stock rally this year that’s made it China’s hottest artificial intelligence trade. Its US-listed shares have more than doubled as investors buy into Beijing’s vision for self-reliance in the new tech landscape. And this poster child of China’s AI hopes remains more than 65% below its all-time high while major American hyperscaler stocks have peaked in recent months. Most Read from Bloomberg With lingering caution over ...