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Alibaba's Stock Soars
- Alibaba Group's shares surged in Hong Kong and in U.S. premarket on Sept. 24, 2025 after AI investments were announced.
- Hong Kong-listed stock rose over 6% (highest since 2021) and U.S. shares jumped 9.3% in premarket trading.
- Eddie Wu, CEO of Alibaba Group, said the investment will exceed $53 billion in AI infrastructure and include Nvidia tools for 'physical AI'.
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