The Alibaba Group Holding Ltd. ADR BABA rallied 6.22% to $102.74 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite

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Alibaba Group (NYSE: BABA) shares are trading higher Thursday as the company's latest artificial intelligence model, Qwen 2.5, gained traction.

The Alibaba Group Holding Ltd. ADR BABA rallied 6.71% to $96.03 Tuesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP rising 2.03% to 19,733.59 and the Dow Jones Industrial Average DJIA rising 0.31% to 44,850.35.

Alibaba Group Holding Limited's new AI model Qwen 2.5-VL could boost its Cloud business growth, outperforming competitors. Click for my BABA stock update.

Alibaba Cloud, the cloud computing arm of China’s Alibaba Group Ltd., has released its latest breakthrough artificial intelligence large language model just in time for the Chinese New Year: Qwen 2.5-Max, which it claims surpasses today’s most powerful AI models.

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE:BABA) released a new version Wednesday of its Qwen large language model, known as Qwen2.5 Max, which it said topped DeepSeek's AI model across various benchmarks.

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Alibaba reported better-than-expected Q2 FY’25 results, with revenue rising 5% year over year to 236.5 billion yuan (approximately $33.7 billion) and net income surging 58% to 43.9 billion yuan (around $6 billion).

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ADR (BABA) stock saw a modest uptick, ending the day at $96.72 which represents a slight increase of $0.69 or 0.72% from the prior close of $96.03. The stock opened at $99.39 and touched a low of $96.