Alibaba ADR jumps after new AI initiatives, vs U.S. peers
Alibaba’s American depositary receipts were up 3.3% in premarket trading after new AI initiatives, though the report says the company still lags top U.S. AI firms.
Alibaba's stock has been in a malaise, but a series of new artificial-intelligence initiatives were helping early Tuesday. S. AI firms. 3% in the premarket after the new initiatives.