Alibaba Stock Rallies After AI Price Hikes. Earnings Are Due Soon.

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U.S.-listed Alibaba Group (BABA) stock jumped in early trading Wednesday, after the Chinese tech giant published a notice that it would raise prices for AI cloud services. Alibaba earnings are due Thursday morning. "Due to the surge in global AI demand and rising supply chain costs, the procurement costs of core hardware in the industry have increased significantly," Alibaba's cloud… Related news Alibaba Stock Falls As Revenue Misses Estimates, Profits Slide Despite AI Growth 3/19/2026 The Chinese tech giant reported fiscal third-quarter revenue and earnings below expectations. 3/19/2026 The Chinese tech giant reported fiscal third-quarter revenue and earnings...
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