BUZZ-Alibaba's ADSs rise as Qwen to be integrated into Apple Intelligence in China - BABA News | RalliesBUZZ-Alibaba's ADSs rise as Qwen to be integrated into Apple Intelligence in China
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BABA• Alibaba ADSs rise on Apple Intelligence integration news
- U.S.-listed shares of Alibaba BABA.N jumped 5.8% to $118.99 in premarket trading.
- Alibaba told Reuters in a statement that its Qwen will be integrated into Apple Intelligence for users in China.
- Apple shares AAPL.O were up 1% at $318.11 premarket.
- Up to the last close, BABA was down about 23% year to date, while AAPL was up about 16%.
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