Alibaba jumps on AI spending boost

11:26am, Wednesday, 24'th Sep 2025
CNBC's Kristina Partinsevelos joins 'Squawk on the Street' with the latest news on Alibaba's new AI spending.
Opening Bid anchor Brian Sozzi breaks down the latest market news for September 24, 2025. Chipmaker Nvidia has announced 2 deals with OpenAI and Alibaba.
Timing is everything when it comes to investing. Just look at ARK Invest's purchase of Alibaba stock earlier this week.
Alibaba Group Holding Ltd (NYSE:BABA) is up 8.7% to trade at $177.21 at last check, after the China-based e-commerce giant announced it would hike AI spending on models as well as infrastructure beyo
Morning Brief anchor Julie Hyman breaks down the latest market news for September 24, 2025. Alibaba stock soared to a four-year high after it unveiled its AI plans.
Alibaba Group ( NYSE:BABA ) shares are exploding higher this morning, surging 8.5% in morning trading to over $177 per share, marking a continuation of a stunning turnaround for the Chinese e-commerce
Alibaba BABA shares surged to their highest price in nearly four years after unveiling renewed plans to boost artificial intelligence (AI) spending beyond its original $50 billion-plus commitment, per
China's top tech firm is spending even more than it originally planned on AI, turning up the heat on U.S. chip giants like Nvidia (NVDA) in the race to dominate the technology.

Hayes: BABA "Cheapest Way" to Play A.I. Right Now

09:13am, Wednesday, 24'th Sep 2025
Thomas Hayes sees opportunity in the current market despite some warning signs. He attributes the current market strength to sectors beyond the Mag 7, such as small caps and energy, which he believes
Nvidia is on a dealmaking spree: Days after committing to taking a $5 billion stake in Intel and a whopping $100 billion investment in OpenAI, the GPU maker has now struck a partnership with China's A
Shares of Alibaba Group Holding Ltd. surged to their highest in nearly four years as the company revealed plans to ramp up AI spending past an original $50 billion-plus target.
The global race to dominate artificial intelligence is forcing tech giants to spend at unprecedented levels, and Alibaba Group (NYSE:BABA) is the latest to signal it will go further. Shares in the Ch
Cathie Wood's ARK Invest has returned to Chinese equities, making fresh bets on Alibaba (NYSE: BABA) and Baidu in its latest trading disclosures.
The Chinese tech giant is in the midst of its best year in almost a decade. The return of founder Jack Ma in an informal leadership role could drive it higher.
Alibaba stock rocketed higher as the China tech giant offered several updates to its push to be a leader in generative AI.
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