Alibaba still hasn’t run out of steam despite soaring nearly 70% in the first seven weeks of 2025, according to Scott Nations of Nations Indexes. The firm’s president and chief investment officer joined CNBC’s ” Power Lunch ” on Friday to offer his take on the Chinese e-commerce platform, along with a pair of other market movers. Here’s what he had to say. Alibaba Shares of Alibaba ended Friday almost 6% higher and reached a fresh 52-week high following a report in The Wall Street Journal…
By Sam Buckingham-Jones Publication Date: 2026-04-27 04:02:00 The global tsunami of investment in artificial intelligence gave Amazon nearly $12 billion…