Why Alibaba Rallied Today
Shares of Chinese tech giant (NYSE: BABA) rallied 8.1% on Tuesday.
Alibaba is not only a leader in e-commerce and digital payments but also an artificial intelligence (AI) leader in China. Its open-source model Qwen is thought to be among the best open-source models out there, ranking close to or above the latest DeepSeek on independent scoring boards such as Live Bench.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
€143.60
-0.420%
With 47 Buy predictions and 1 Sell predictions Alibaba Group Holding Ltd ADR is one of the favorites of our community.
As a result the target price of 163 € shows a slightly positive potential of 13.51% compared to the current price of 143.6 € for Alibaba Group Holding Ltd ADR.
