Down 15% in 2026, Should You Buy the Dip in Alibaba Stock?
Alibaba (BABA) isn’t having a great start to the year. Down about 15% on earnings, competition, and its recent failure to reassure markets that AI progress is outweighing weakness in other parts of its business, investors are turning away from BABA stock. www.barchart.com Granted, management just iterated a goal to generate more than $100 billion in annual revenue from its cloud and AI business over the next few years. Alibaba also reported cloud revenue growth of about 36% year-over-year (YOY) to $6.2 b ...