A-shares tech saw a strong rally, and Nasdaq futures $Invesco QQQ(QQQ)$ are climbing steadily, which could point to a bounce in US equities. $Micron Technology(MU)$ $NVIDIA(NVDA)$ Kimi K3 has been getting a lot of attention recently, though I haven't tried it myself. I still think $Alibaba(BABA)$ could end up being a major player in Chinese AI.
$Alibaba(BABA)$ I bought this stock last summer around $120 and sold around $180. I just bought back in today at $109. I'm looking for it to run again.
$Alibaba(BABA)$ Price at $147.50. dr.m sees Baba continuing the massive rise with huge tailwinds to push it much higher under the Trump administration in 2026-2027. Keep in mind, under Trump, Baba hit $319.00.
$Alibaba(BABA)$ Nasdaq is up while Alibaba's stock fell after an average earnings call. Looking at history, this kind of price action on earnings day isn't uncommon. Watch for positive news in the coming months to help lift the stock. By year's end, if the ANT IPO gets announced, Alibaba could indeed breach $205. The meeting between U.S. and Chinese leaders should also ease delisting fears for Chinese stocks, Alibaba included. On the earnings call, it was mentioned that Alibaba is spending heavily on AI, which should strengthen the company for years to come. Short-term bumps, but long-term gains for Alibaba. Good luck to holders.