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International Business Times

Business

Alibaba Soars But Europe, Asia Stocks Mixed

Alibaba Europe Donald Trump United States

Alibaba rocketed 15 percent after bumper results after hours on Friday, including a surge in AI revenue (Credit: AFP)

Chinese ecommerce giant Alibaba soared on Monday but Asian and European markets were mixed after Wall Street retreated from record highs.

Alibaba rocketed almost 20 percent following bumper results on Friday, including a surge in AI revenue. Its US-listed shares added 13 percent on Friday too.

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One subscription that gives you access to news from hundreds of sites

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