As Alibaba Rolls Out the Happy Horse AI Model, Should You Buy, Sell, or Hold BABA Stock?

Chinese e-commerce giant Alibaba (BABA) recently released the beta version of its AI model, which it calls Happy Horse. The company's overall AI business in general and Happy Horse in particular appear to be promising, while the firm's cloud unit has performed well in recent quarters.

But BABA reported weak financial results for its quarter that ended in December. And with the Chinese economy starting to struggle due to the U.S.-Iran war, the performance of BABA's core domestic e-commerce business looks poised to deteriorate until the crisis in the Mideast is resolved.