Should You Buy the 17% Pullback in Alibaba Stock Before November 25?

Chinese technology giant Alibaba (BABA) will report its financial results for the September quarter on Nov. 25. Heading into the announcement, BABA stock has lost some steam, falling about 17% from its recent peak of $192.67. Even with this pullback, Alibaba shares remain more than 80% higher year to date, reflecting optimism about the company’s advancements in artificial intelligence (AI). However, investors’ enthusiasm is tempered by growing worries that the broader AI boom may be overheating. Notably, ...