Alibaba Stock Breaks Past 52-Week High As AI Frenzy Heats Up
1. BABA stock rose 5% Monday, leading Chinese tech stocks. 2. Year-to-date, BABA gained over 112%, outperforming NYSE's 13%. 3. BABA's Qwen3-Omni AI ranked top on Hugging Face. 4. Analysts raised cloud growth estimates to 32% and 40% for fiscal years 2026 and 2027. 5. Cathie Wood's Ark reopened positions in Alibaba's ADRs after four years.