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Alibaba Stock Drops 4.32% in Two Days, Trading Volume Ranks 51st as Tech Giant Invests $53 Billion in AI
Generated by AI AgentAinvest Volume Radar
Thursday, Jun 12, 2025 8:09 pm ET1min read
On June 12, 2025,
(BABA) experienced a 3.08% decline, marking its second consecutive day of losses, with a total decrease of 4.32% over the past two days. The trading volume for the day was 11.39 billion, placing it 51st in the overall market rankings.Alibaba is aggressively investing in its computing capacity and AI-related technologies, with plans to spend 380 billion yuan (approximately $53 billion) over the next three years. This strategic move is aimed at enhancing its technological infrastructure and staying competitive in the rapidly evolving AI landscape.
Analysts are optimistic about Alibaba's future, citing the company's strong momentum in AI as a potential catalyst for significant growth. The positive outlook suggests that investors may finally be seeing a light at the end of the tunnel for Alibaba and the broader Chinese tech sector.
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