Alibaba stock price today: BABA in focus after 10% jump on China “AI+ Manufacturing” push
Alibaba’s U.S.-listed shares jumped 10.2% to $166.31 Monday after Beijing signaled support for AI and curbs on price wars. Trading volume topped 35 million shares, well above average. Investors await Tuesday’s U.S. inflation data, which could affect rates and Chinese ADRs. Alibaba remains about 14% below its 52-week high.