Alibaba's Trading Volume Surges 64.43% to 25.39 Billion, Secures 14th Spot in Market Rankings Despite Stock Price Dip

On April 2, 2025, Alibaba's trading volume reached 25.39 billion, marking a 64.43% increase from the previous day, placing it 14th in the day's stock market rankings. Alibaba's stock price fell by 2.19%.

Jim Cramer, a prominent financial analyst, recently criticized Alibaba's CEO Joe Tsai, suggesting that Tsai may not fully understand the current market dynamics and challenges facing the company. This criticism comes at a time when Alibaba is preparing to release Qwen 3, an upgraded version of its flagship AI model, which is expected to enhance its competitive edge in the AI sector.

Investors have high expectations for Alibaba's AI advancements, particularly given the company's recent claims that its AI models outperform those of competitors, including DeepSeek and Meta. This optimism is reflected in the strong performance of Alibaba's Hong Kong shares, which have outperformed the Hong Kong Hang Seng Composite Index.

Alibaba is set to report its Q3 2025 results on February 20, 2025. The upcoming earnings report is anticipated to provide further insights into the company's financial health and strategic direction, particularly in light of its ongoing AI developments and market challenges.