News

Alibaba stock surges as AI-powered cloud revenue beats Wall Street estimates and lifts BABA share price outlook Is BABA a Buy?

Alibaba Group Holding Ltd. (NYSE: BABA) climbed sharply after reporting quarterly revenue that exceeded Wall Street expectations. The stock closed at $160.73, up 5.10%, and moved further to $165.85 in pre-market trade, up another 3.19%.