BABA Jul 2024 85.000 call
| Previous close | 5.62 |
| Open | 6.00 |
| Bid | 6.40 |
| Ask | 6.70 |
| Strike | 85.00 |
| Expiry date | 2024-07-19 |
| Day's range | 5.56 - 8.00 |
| Contract range | N/A |
| Volume | |
| Open interest | 13.14k |
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Alibaba Group Holding Ltd (NYSE:BABA), confronted by a fierce e-commerce market in China, is leveraging artificial intelligence to enhance its competitiveness. On Alibaba’s Taobao platform, shoppers can utilize Wenwen, an AI chatbot, for personalized product recommendations, such as a Sony Group Corp (NYSE:SONY) camera priced at approximately $650, tailored to the user’s specifications, the Nikkei Asia reports. Introduced in 2023, Wenwen is powered by Tongyi Qianwen, or Qwen, a large language mo
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While Alibaba and other Chinese names could have more near-term upside, don’t expect continued outperformance, says James Reilly, an analyst at Capital Economics,.
