Alibaba is known as one of the main e-commerce players in the decisive Chinese market-but over the past two years, the company has diversified greatly, and is now considered a real giant of technology.
Since the beginning of the year, Stock Stock (Nyse: Baba) was in a very strong upward path.
Company Call Q2 profits On November 15 it was strong – with small profits and lost revenue won barely estimates. In the aftermath, the arrow entered the Tawheed period – and in January, Deepseek was overnight on a wave of optimism in the Chinese technology sector.
On February 19, Baba’s shares closed at $ 124.80, but by the time of the press on February 20, the stock price of Alibaba rose to $ 139.48, up to 64.50 %.
The reason for this transition was 11.75 % to the upward trend due to the company’s release A quarterly report covers Q3 – Once again, artificial intelligence is the dominant narration.
Alibaba shares are rising to win profits and strategic AI movements
The stock profits amounted to $ 2.93, before the unanimity estimates that were linked at $ 2.67. The revenues were slightly in estimates.
As it is bullish like the profit victory, it was not these standards that led the gathering. The optimism surrounding artificial intelligence was. Prosecutor’s revenue for the prosecution has achieved triple -number growth for the sixth quarter in a row, while cloud revenues increased by 13 % on an annual (annual) basis. Although quantum measuring, the QWEN 2.5 AI model from Alibaba was also a bullish catalyst.
Speaking to analysts, CEO (CEO) Edda Wu claimed The company will invest more in artificial intelligence and cloud computing over the next three years than it was in the overall decade – although it has not specified the exact amount.
The e -commerce company recently announced a partnership with Apple, which will see AI’s features in Alibaba Integrated in iPhone devices sold in China. In addition, it is said that Ali Baba Consider investing in DeepseekWho recently sought external financing for the first time.
Another main factor that the readers should not forget is the current shares resetting program in alibaba. In this quarter, the company re -drafted the shares of Baba worth $ 1.3 billion – and has a license for the board of directors to retake up to $ 20.7 billion by March 2027.
Distinctive image via Shutterstock
