$Alibaba(BABA)$ Nasdaq is up w

$Alibaba(BABA)$ Nasdaq is up while Alibaba's stock fell after an average earnings call. Looking at history, this kind of price action on earnings day isn't uncommon. Watch for positive news in the coming months to help lift the stock. By year's end, if the ANT IPO gets announced, Alibaba could indeed breach $205. The meeting between U.S. and Chinese leaders should also ease delisting fears for Chinese stocks, Alibaba included. On the earnings call, it was mentioned that Alibaba is spending heavily on AI, which should strengthen the company for years to come. Short-term bumps, but long-term gains for Alibaba. Good luck to holders.

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