Alibaba Stock Is Rising. Why It’s Bucking the Tech Selloff. - Barron's
1. Alibaba's stock rose 8.4% after launching QwQ-32B AI model. 2. QwQ-32B matches DeepSeek's performance with fewer parameters. 3. Alibaba plans to invest $52.4 billion in AI and cloud over three years. 4. Increased demand for cheaper AI models may drive market adoption. 5. Analysts remain positive on Alibaba's future growth and valuation.