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Here's why Alibaba stock is surging
Finbold·2025-02-21 00:06

Alibaba is well known as one of the key e-commerce players in the crucial Chinese market — but over the past couple of years, the business has diversified significantly, and is now rightfully considered a veritable tech giant. Since the start of the year, Alibaba stock (NYSE: BABA) has been on quite a strong upward trajectory. The company’s Q2 earnings call on November 15 was solid — with a small earnings beat and revenues missing estimates just barely. In the immediate aftermath, the stock entered a consol ...