What's Going On With Alibaba Stock Thursday?

Alibaba Group Holding Ltd. (NYSE:BABA) shares are in focus ahead of the company’s quarterly results, as investors weigh its AI ambitions, cloud growth, and lingering concerns over China’s market risks.

The stock has gained over 44% year-to-date due to strong earnings and revenue growth, AI-driven cloud expansion, global e-commerce growth, and a discounted valuation.

At the same time, Alibaba has accelerated its artificial intelligence push, updating its open-source video-generating model to better compete with both domestic and U.S. rivals.

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Bloomberg reported this week that Alibaba’s new Wan2.2-S2V model can transform portrait photos into ...