Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Tesla Faces 19% Drop in UK Registrations as Competition Intensifies 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds 
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates 
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 
Magnum Audit Flags Governance Issues at Ben & Jerry’s Foundation Ahead of Spin-Off 
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
Apple Appoints Amar Subramanya as New Vice President of AI Amid Push to Accelerate Innovation 
AI-Guided Drones Transform Ukraine’s Battlefield Strategy 
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
Norway’s Wealth Fund Backs Shareholder Push for Microsoft Human-Rights Risk Report 
Alibaba Group’s Hong Kong shares (HK:9988) soared 11% on Friday, reaching HK$133.90—its highest level since early 2022—after reporting strong December quarter earnings. The e-commerce giant’s impressive performance drove a broader rally in Chinese tech stocks, pushing the Hang Seng Index up over 2%.
Alibaba exceeded revenue expectations and announced plans to ramp up investments in e-commerce and artificial intelligence. Alibaba Cloud, a key driver of the firm’s AI strategy, saw increased demand. The company also confirmed a partnership with Apple (NASDAQ:AAPL) to enhance AI features in iPhones sold in China.
Additionally, a Wall Street Journal report revealed that GameStop (NYSE:GME) CEO Ryan Cohen had amassed a $1 billion stake in Alibaba in recent months, further fueling investor optimism.
Alibaba’s surge lifted shares of Chinese tech giants, with Baidu (NASDAQ:BIDU) (HK:9888) rising 2%, Tencent (HK:0700) gaining 3.4%, and JD.com climbing 2.6%. Investors are increasingly betting on China’s AI potential, particularly after the release of DeepSeek AI.
Alibaba, a leader in China’s AI race, launched a new AI model in January and integrated DeepSeek support into its cloud platform. With strong AI momentum and positive market sentiment, Alibaba continues to strengthen its position in the tech sector.
