Knowing stock market today at a glance

Alibaba (BABA) Soars 6.98% on AI Protocol Support

Mover TrackerWednesday, Apr 9, 2025 4:16 am ET

1min read

On April 9, 2025, Alibaba's stock surged by 6.98% in pre-market trading, reflecting a strong bullish sentiment among investors.

Alibaba Cloud has launched a groundbreaking service that supports the Model Context Protocol (MCP), a new open-source protocol designed to standardize interactions between AI models and external tools. This move is part of a broader trend in the AI industry, where MCP is emerging as a de facto standard for AI agent development. Alibaba's support for MCP is seen as a strategic move to enhance the openness and applicability of its AI models, particularly in light of its ambitious AI projects like Tongyi Qianwen.

Alibaba's initiative to support MCP is not an isolated effort. Other tech giants, including Tencent, have also expressed their support for the protocol. This collective endorsement from major players in the industry underscores the growing importance of MCP in the AI ecosystem. The protocol's ability to simplify development processes and enhance interoperability makes it a valuable tool for AI developers.

Alibaba's commitment to MCP is part of a broader strategy to leverage AI and cloud technologies to drive growth. The company's cloud division has seen significant revenue growth, with AI products posting triple-digit growth for six consecutive quarters. This trend is expected to continue as alibaba invests heavily in AI and cloud infrastructure, positioning itself as a leader in the global AI race.

Comments

Add a public comment...

Post

bottomline77

04/09

$BABA I wish I could have sold my options in China earlier and bought American first

Booknerdworm

@bottomline77 How long you holding $BABA? Curious if you still got a position or already closed it after the surge.

Gentleman1217

$BABA falling wedge pow pow tech traders know

amanoraim

$BABA simplest short ever

Electronic-Brick-514

@amanoraim How long you holding $BABA? Just a quick trade or you got a longer view?

Interesting_Award_86

$BABA targeting a 100k short position straight from 945 after you guys artificially boost it more

Dosimetry4Ever

$BABA being unfairly boosted by the Chinese is a red flag to short this stock hard. Sell and create put options and short positions. Target price is 80$.

DoU92

$BABA Trump has a clear plan and he sticks to it... Expect higher tariffs and fees for Chinese ships coming to US ports... See 300% this week and up to 1000% in coming weeks as we look for other countries to meet our needs...

Silgro94

$BABA gives you a rare chance to short a company during a trade war by artificially inflating the price at night 🤔💰💰 Show me the 80 bucks and let's make money with old man Trump. Short this junk 🤓

I_kove_crackers

AliBABA's stock surge is like a conductor waving MCP—orchestrating a symphony of AI growth

sirfrancpaul

@I_kove_crackers AliBABA's AI moves are YOLO—You Only Load Once, but the gains are forever 🚀

vanilica00

OMG!the Peak Seeker algorithm successfully identified both trough and apex inflection points in BABA equity's price action, while my execution latency resulted in material opportunity cost.

THEPR0P0TAT0

@vanilica00 How long you holding BABA? Curious if you're in for the long haul or just riding the short-term pump.

MirageCommander

@vanilica00 I had BABA in my portfolio last year, sold too early. FOMO hitting hard now with this rally.

No More Comment