U.S. Stocks Move | Alibaba Qianwen to Collaborate with Apple AI, Alibaba (BABA.US) Opens Up More Than 6%

智通财经2026/07/16 14:01

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According to Golden Ten Data, Alibaba (BABA.US) opened over 6% higher on Wednesday, up 26% from its late June low, currently trading at $119.65. In the news, the Netinfo China official WeChat account announced that the "Apple Intelligence" large model of Apple Technology Development (Shanghai) Co., Ltd. has been filed on July 8, 2026, and is designed for use in Apple smartphones. It is reported that Alibaba is among the partners for this AI feature.

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Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.

华尔街见闻•2026/09/29 04:01

Variational open interest has exceeded $2 billions.

ForesightNews•2026/09/29 03:57