Alibaba (BABA) Stock on December 9, 2025: Earnings Shock, AI Super‑App Bets and What Wall Street Expects Next
Alibaba Group Holding Limited (NYSE: BABA, HKEX: 9988) is having one of its strangest “good year / bad quarter” moments in recent memory. As of midday on December 9, 2025, the U.S.-listed ADR trades around $158 per share, down fractionally on the day and sitting between a 52‑week low of about $80 and a high near $193.Barchart.com Hong Kong shares (9988) hover near HK$153, also slightly lower.Yahoo Finance Yet behind that calm quote is a very loud story: profits have cratered, AI and instant commerce are exploding, a new AI “everything app” is surging up download charts, and analysts just