Alibaba Stock Is Down 70% From Highs, But Its AI Push Is Yielding Results
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Chinese e-commerce and cloud behemoth Alibaba stock (NYSE:BABA) stock has risen by about 5% this year, although it remains down by over 70% from the highs seen in 2021. In comparison, its U.S.-based peer Amazon (NASDAQ:AMZN) has gained about 14% since early January. Alibaba
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