Sell Alibaba Stock After 2x Surge This Year?
1. Alibaba's stock nearly doubled this year amid AI advancements. 2. Cloud segment grew 26% year-on-year; AI revenues tripled for eight quarters. 3. Launch of advanced AI model Qwen3-Max strengthens competition with global firms. 4. Investment in AI infrastructure now exceeds initial commitment of RMB 380 billion. 5. Shares trading at 23x forward earnings amidst slower overall expected growth.