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News 2026-07-06 09:45 UTC

Why Is Alibaba Stock Gaining Monday?

Alibaba Group Holding Ltd. (NYSE: BABA ) stock rose nearly 2% in Monday’s premarket session as improving risk appetite lifted technology stocks. Nasdaq futures gained 1.14%, while S&P 500 futures advanced 0.47%. The move appeared to be driven primarily by the broader market rebound, although investors were also weighin