Alibaba's Bullish Momentum Could Accelerate
Portfolio Pulse from
Alibaba's stock has shown strong bullish momentum year-to-date, outperforming many US tech companies. The company's new AI tools and Cloud segment growth are key factors, with the latter reporting 33% YoY growth in EBITA. Further margin expansion is possible.
March 05, 2025 | 9:00 am
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Alibaba's stock is experiencing strong bullish momentum, supported by new AI tools and significant growth in its Cloud segment. The Cloud segment reported a 33% YoY growth in EBITA, with potential for further margin expansion.
Alibaba's stock is benefiting from its new AI tools and strong performance in the Cloud segment, which reported a 33% YoY growth in EBITA. This growth, along with potential for further margin expansion, supports the bullish momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100