Why Alibaba Stock Climbed 32% in September

Alibaba (NYSE: BABA) was among the winners last night as the Chinese tech giant continued to benefit from investments in artificial intelligence, as investors increasingly see it as a winner in AI.Additionally, Founder Jack Ma has returned to the company's headquarters, showing relations between him and Beijing have improved.Overall, last month's gains were part of a broader momentum shift as investors seem to be moving back into Alibaba, after it was off-limits for several years due to the tech crackdown from Beijing and weak economic growth in China.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool