Alibaba Stock Skyrockets on $53B AI Push – Hits 4-Year High, Experts Bullish
Alibaba Stock Outlook on September 24, 2025 Stock Soars on AI Spending Frenzy Alibaba’s stock skyrocketed in late September 2025 after the company dramatically upped its bet on artificial intelligence. On Sept. 24, CEO Eddie Wu took the stage at the annual Apsara Conference (Alibaba’s marquee tech event) and unveiled a bold plan to double down on AI – news that sent investors into a buying frenzy. Alibaba’s Hong Kong shares surged ~9.7% to a four-year high, and its U.S.-listed ADRs leapt a similar 9% in a single day reuters.com reuters.com. The rally pushed BABA near levels not seen since 2021, reflecting a sharp turnaround in market