U.S. Stock Movement | Alibaba rises nearly 9%, surging 114% year-to-date
On Wednesday, Alibaba opened up nearly 9%, reaching a four-year high, with a cumulative increase of 114% in stock price this year, currently reported at $177.70. In terms of news, at the 2025 Alibaba Cloud Summit, Alibaba officially announced a collaboration with NVIDIA on Physical AI. The cooperation covers various aspects of Physical AI practice, including data synthesis processing, model training, environmental simulation reinforcement learning, and model validation testing. Additionally, Alibaba is actively promoting the construction of AI infrastructure worth 380 billion and plans to make even larger investments. Morgan Stanley released a report stating that it expects Alibaba's global data center electricity consumption to increase tenfold by 2032 compared to 2022, and may further increase investments in artificial intelligence. Meanwhile, Alibaba launched its latest flagship model Qwen3-Max and an upgraded version of the Bai Lian intelligent agent platform. The firm continues to be optimistic about Alibaba's position as China's best AI enabler, reiterating a target price of $200 for Alibaba and maintaining an "Overweight" rating
According to Zhitong Finance APP, on Wednesday, Alibaba (BABA.US) opened nearly 9% higher, reaching a four-year high, with a cumulative increase of 114% in stock price this year, currently reported at $177.70. In terms of news, at the 2025 Alibaba Cloud Summit, Alibaba officially announced a collaboration with NVIDIA on Physical AI. The collaboration covers various aspects of Physical AI practices, including data synthesis processing, model training, environmental simulation reinforcement learning, and model validation testing. Additionally, Alibaba is actively promoting the construction of a 380 billion AI infrastructure and plans to make larger investments.
Morgan Stanley released a report stating that it expects Alibaba's global data center electricity consumption to increase tenfold by 2032 compared to 2022, and may further increase investments in artificial intelligence. At the same time, Alibaba launched its latest flagship model Qwen3-Max and an upgraded version of the Bailian Intelligent Agent platform. The firm continues to be optimistic about Alibaba's position as China's best AI enabler, reiterating a target price of $200 for Alibaba and maintaining an "Overweight" rating
