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BABA changes

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View the full Oct 7, 2026 version
Price
$107.54 → $109.26(+1.6%)
Discount
48.0% → 47.2%(−0.8 pts)
Recent events
2026-09-22: Alibaba launched its Wan3.0 AI video-generation model, already in commercial use across film, advertising, tourism, and music. Founder Jack Ma and CEO Eddie Wu bought Alibaba shares after the AI share placement. 2026-09-22: At its Apsara Conference, CEO Eddie Wu said that the data center capacity that Alibaba Cloud operates will be more than 20 gigawatts by 2032. Alibaba gave no new spending amount. It said that the Zhenwu V900 chip goes into mass production in Q1 2027, and that it will open its first cloud regions in Türkiye, Finland and the Netherlands in the next 12 months. 2026-09-21: Alibaba unveiled its Zhenwu V900 AI chip, described as its most powerful processor yet, as Nvidia faces growing competition in China. 2026-08-23: Alibaba filed to place newly issued shares worth about HK$80 billion (roughly $10.2 billion) to investors outside the US, dedicating 100% of the proceeds to AI infrastructure. The placement priced at HK$112.70 per share for about 710 million shares. 2026-08-20: Alibaba reported fiscal Q1 2027 revenue of RMB 269 billion, up 9% year over year. Alibaba Cloud external revenue grew 45%, and AI-related product revenue reached an annualized run rate of RMB 49.5 billion, even as net income fell 75% on heavy AI infrastructure spending. 2026-08-04: Investors filed a securities class action against Alibaba in New York federal court. It says Alibaba described AI and Pentagon-list risks as only possible when they had already started. The lead plaintiff deadline iswas October 5, 2026. 2026-06-24: Bloomberg reported that Anthropic accused Alibaba of using thousands of accounts to copy capabilities from its Claude model. Alibaba ADRs fell about 7% over the next two trading days. 2026-05-13: Alibaba reported fiscal Q4 2026 results. Revenue was RMB 243.38 billion, up 3% year over year, but non-GAAP net profit collapsed 99.7% and the company posted its first quarterly operating loss since 2021, driven by AI capital spending and quick commerce subsidies. 2026-02-13: The US Department of Defense briefly added Alibaba to its list of alleged Chinese military companies, then withdrew the listing within a day.