US Stocks Fall Again While Alibaba Gains on Big AI Push

Alibaba shares soar on AI spending boost

Alibaba unveiled plans to ramp up AI spending past its previous target of $50 billion, sending its shares soaring on Wednesday. The Chinese tech giant joins other global firms in pledging eye-watering sums toward AI development, aimed at supercharging advancements and providing enough power to meet demand. The AI drive by Alibaba and peers like Baidu could reignite foreign investor interest in the sector after years of retreat from China, Bloomb…

US stocks fall again while Alibaba gains on big AI push

Wall Street stocks retreated for a second straight session Wednesday while oil prices moved higher as Chinese online retail giant Alibaba surged on new AI investments.

Alibaba Rips Higher As Plans To Boost AI CapEx Fuels Continued Mania

Alibaba Rips Higher As Plans To Boost AI CapEx Fuels Continued Mania The show must go on, as they say. After Nvidia announced a $100 billion investment in OpenAI (something we described earlier this week as "the biggest vendor-financing circle jerk in world history"), shares of Alibaba Group in Hong Kong surged 9% to a four-year high after unveiling plans to ramp up AI spending well beyond its prior commitment announced in February. Bloomberg re…

Hong Kong stocks rise, led by tech as Alibaba surges on AI investment boost

Wednesday marked the first time the Hong Kong stock market stayed open during a No 10 storm signal, the highest warning level.

Alibaba Stock Skyrockets on $53B AI Push – Hits 4-Year High, Experts Bullish

Alibaba Stock Outlook on September 24, 2025 Stock Soars on AI Spending Frenzy Alibaba’s stock skyrocketed in late September 2025 after the company dramatically upped its bet on artificial intelligence. On Sept. 24, CEO Eddie Wu took the stage at the annual Apsara Conference (Alibaba’s marquee tech event) and unveiled a bold plan to double down on AI – news that sent investors into a buying frenzy. Alibaba’s Hong Kong shares surged ~9.7% to a fou…

Alibaba Rips Higher As Plans To Boost AI CapEx Fuels Continued Mania - Nemos News Network

Alibaba Rips Higher As Plans To Boost AI CapEx Fuels Continued Mania The show must go on, as they say. After Nvidia announced a $100 billion investment in OpenAI (something we described earlier this week as “the biggest vendor-financing circle jerk in world history“), shares of Alibaba Group in Hong Kong surged 9% to a four-year high after unveiling plans to ramp up AI spending well beyond its prior commitment announced in February. Bloomberg r…