BABA Stock Recent News

Michael Burry, famed for ‘ The Big Short ,' has seen his top holding, Alibaba (NYSE: BABA), receive a notable upside price revision from Wall Street, with analysts highlighting the potential boost from artificial intelligence (AI).

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray has secured final approval of an historic $433.5 million settlement in the Alibaba Group Holding Limited securities class action. The settlement resolves investors' claims that Alibaba (NYSE: BABA) violated the Securities Exchange Act of 1934 by allegedly misrepresenting its regulatory compliance and its use of monopolistic business practices during the period November 13, 2019 through December 23, 2020. The settlement is the largest sec.

Alibaba's shares have seen a big rally in 2025 after a difficult few years that saw its co-founder Jack Ma's empire come under scrutiny from the Chinese government. CNBC's Arjun Kharpal discusses how Alibaba's recent fortunes have improved.

Shares of the large Chinese e-commerce and tech company Alibaba Group (BABA -2.43%) traded nearly 3% lower as of 12:47 p.m. ET today for no obvious reason, but likely due to the broader market sell-off after new inflation data this morning.

BABA's BMW deal showcases its AI edge. Triple-digit AI growth and smart investments position it for dominance.

Alibaba's U.S. listed-shares have quietly risen nearly 60% this year, adding more than $100 billion to the company's valuation. It's a turnaround from the last few years, which have seen the e-commerce giant's core business under pressure and close scrutiny from the Chinese government.

News of a fresh product release in a white-hot segment of the tech industry drew investors to Alibaba Group (BABA 2.58%) stock on Thursday. They ultimately ended up driving the Chinese tech giant's stock almost 3% higher in price, during a trading session that saw the benchmark S&P 500 (^GSPC -0.33%) close 0.3% lower.

Nvidia NVDA-5.74%, Tesla TSLA-5.58%, and the rest of Big Tech are having a rough go of it, while China's Terrific 10— Alibaba 9988+0.46%, Tencent 700+0.49%, Meituan 3690+1.81%, Xiaomi 1810-4.17%, JD.com JD+0.75%, NetEase NTES+1.05%, Baidu BIDU+2.22%, BYD 002594+2.79%, Geely 175-1.05%, and SMIC 981+4.24%—are not. That raises the question: Are the Mag Seven yesterday's news and is it time to focus on their Chinese counterparts instead?

The company says the new "Qwen2.5-Omni-7B" is a multimodal model that can process text, images, audio, and videos, while generating real-time text and natural speech responses. Amid China's AI fervor accelerated by DeepSeek, Alibaba and other generative AI competitors have been releasing new, cost-effective models and products at an unprecedented pace.

Alibaba Cloud has launched a multimodal artificial intelligence (AI) model that can process inputs in the form of text, images, audio and video, and can generate real-time responses in the form of text and natural speech. The new Qwen2.