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Benzinga
Benzinga
Business
Anusuya Lahiri

What's Going On With Alibaba Stock Thursday?

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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.

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