Alibaba (BABA) Shares Soar 3.27% on AI Advancements

On September 8, 2025, Alibaba (BABA) shares surged by 3.27% in pre-market trading, reflecting a strong bullish sentiment among investors.

Analysts have reaffirmed their buy ratings on Alibaba, citing the company's potential in the generative AI (GenAI) sector. Benchmark analyst Fawne Jiang highlighted the company's strategic positioning in AI, which is expected to drive significant growth in the coming years.

Alibaba's recent advancements in AI technology have also garnered attention. The company has released Qwen3-Coder, an open-source AI coding model designed for complex, autonomous software development tasks. This innovation is seen as a major step forward in Alibaba's AI capabilities and is expected to enhance its competitive edge in the market.

Additionally, Alibaba has led a $140 million funding round in X Square Robot, further solidifying its commitment to AI and robotics. This investment is part of the company's broader strategy to integrate AI into various aspects of its business, from e-commerce to cloud services.