BABA
Alibaba Group·NYSE
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What happened to BABA and why is it rising?
Earnings Report
BABA's earnings report for the June quarter of 2025 is scheduled to be released on August 29, 2025, which is generating optimism among investors.
Banma Spin-off
Alibaba confirmed that Banma Network Technology, its autonomous driving and smart cockpit software arm, is preparing a Hong Kong Stock Exchange listing. This move is expected to give Banma greater visibility and direct access to capital markets, while allowing Alibaba to focus on its core e-commerce and AI strategy.
Mizuho Reaffirms Buy
Alibaba's shares have gained momentum after easing U.S. chip export rules to China and strong quarterly results. Mizuho Securities recently reaffirmed its Buy rating with a $149 price target, citing Alibaba’s AI-driven strategy and cloud strength.
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The above data and information are generated by AI and are for reference only. They do not constitute any investment advice.
