Alibaba Group News - May 2026
Alibaba Debuts Zhenwu M890 AI Chip, Targeting Higher Cloud Profit Margins
Alibaba introduced the Zhenwu M890 artificial intelligence processor for AI training and inference. The new chip delivers three times the performance of its...
Alibaba Group Holding Ltd Q4 2026 Earnings Preview: What Analysts Expect on May 13, 2026
For the fiscal quarter ending March 2026, analysts expect Alibaba to report consensus revenue of $35.81 billion and EPS of $1.02, while the current stock price...
Alibaba jumps 7% to $142.20, fueled by AI cloud spending outlook
Alibaba shares surged 7% on Wednesday, May 6. The stock reached a daily high of $142.20 on heavy trading volume. Research firm TrendForce sparked the rally by...
Alibaba shares climb, named top winner in China AI race
Alibaba Group Holding shares rose 2.29% to HKD 134.20 in Hong Kong on May 6, 2026. Growing investor confidence in the company's artificial intelligence...
🟢 BABA is trading 5% up today on reports of joining DeepSeek's $45B funding round
BABA is trading at $138.57 (+4.77%) following reports that the company is participating in a massive $45 billion funding round for AI firm DeepSeek. • The...
🟢 BABA is trading 5.1% up today on reports of joining DeepSeek's $45B funding round
BABA is trading at $139.03 (+5.1%) in pre-market following reports of its participation in DeepSeek's $45B fundraising round led by China's state-backed chip...
DeepSeek's $45 Billion Mega-Round Lifts All Boats in Chinese AI — But Can Alibaba Actually Catch the Wave?
Shares of Alibaba jumped 3.3% to $136.65 after reports that China's biggest state-backed semiconductor investment vehicle, the China Integrated Circuit...