Alibaba's Cloud Revenue May Accelerate on Strong AI Demand Uptick -- Market Talk

Dow Jones

21 Feb

0546 GMT - Alibaba's cloud business revenue is expected to accelerate due to a strong uptick in AI demand, according to HSBC Global Research analysts. They note that the core business revenue for the December quarter was a positive surprise, driven by better-than-expected customer management, commission growth and cloud expansion. As a result, the brokerage lifts its fiscal year 2026 cloud revenue growth forecast to 17%, up from the previous 12%. Analysts also highlight the potential for upside catalysts in Alibaba's AI cloud revenue, with a surge in demand observed from January to February. Approximately 60% to 70% of new customer demand is related to AI inference, they add. HSBC maintains a buy rating for Alibaba's ADR and raises the target price to $160.00 from $128.00. The ADRs last closed at $135.97. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

February 21, 2025 00:46 ET (05:46 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2513236764"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2513236764\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2513236764?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-21 13:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2513236764","market":"other","top_or_hot":-1,"title":"Alibaba's Cloud Revenue May Accelerate on Strong AI Demand Uptick -- Market Talk","media":"Dow Jones","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0546 GMT - Alibaba's cloud business revenue is expected to accelerate due to a strong uptick in AI demand, according to HSBC Global Research analysts. They note that the core business revenue for the December quarter was a positive surprise, driven by better-than-expected customer management, commission growth and cloud expansion. As a result, the brokerage lifts its fiscal year 2026 cloud revenue growth forecast to 17%, up from the previous 12%. Analysts also highlight the potential for upside catalysts in Alibaba's AI cloud revenue, with a surge in demand observed from January to February. Approximately 60% to 70% of new customer demand is related to AI inference, they add. HSBC maintains a buy rating for Alibaba's ADR and raises the target price to $160.00 from $128.00. The ADRs last closed at $135.97. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 21, 2025 00:46 ET (05:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Alibaba's Cloud Revenue May Accelerate on Strong AI Demand Uptick -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba's Cloud Revenue May Accelerate on Strong AI Demand Uptick -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-21 13:46</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0546 GMT - Alibaba's cloud business revenue is expected to accelerate due to a strong uptick in AI demand, according to HSBC Global Research analysts. They note that the core business revenue for the December quarter was a positive surprise, driven by better-than-expected customer management, commission growth and cloud expansion. As a result, the brokerage lifts its fiscal year 2026 cloud revenue growth forecast to 17%, up from the previous 12%. Analysts also highlight the potential for upside catalysts in Alibaba's AI cloud revenue, with a surge in demand observed from January to February. Approximately 60% to 70% of new customer demand is related to AI inference, they add. HSBC maintains a buy rating for Alibaba's ADR and raises the target price to $160.00 from $128.00. The ADRs last closed at $135.97. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 21, 2025 00:46 ET (05:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAQC","symbol_name":"Accelerate Acquisition Corp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2513236764","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2513236764","pubTimestamp":1740116760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0546 GMT - Alibaba's cloud business revenue is expected to accelerate due to a strong uptick in AI demand, according to HSBC Global Research analysts. They note that the core business revenue for the December quarter was a positive surprise, driven by better-than-expected customer management, commission growth and cloud expansion. As a result, the brokerage lifts its fiscal year 2026 cloud revenue growth forecast to 17%, up from the previous 12%. Analysts also highlight the potential for upside catalysts in Alibaba's AI cloud revenue, with a surge in demand observed from January to February. Approximately 60% to 70% of new customer demand is related to AI inference, they add. HSBC maintains a buy rating for Alibaba's ADR and raises the target price to $160.00 from $128.00. The ADRs last closed at $135.97. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AAQC":"Accelerate Acquisition Corp","BABA":"阿里巴巴","09988":"阿里巴巴-W"},"translate_title":"阿里巴巴-SW云收入可能因人工智能需求强劲增长而加速——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09988":1,"AAQC":1,"BABA":1},"content_text":"0546 GMT - Alibaba's cloud business revenue is expected to accelerate due to a strong uptick in AI demand, according to HSBC Global Research analysts. They note that the core business revenue for the December quarter was a positive surprise, driven by better-than-expected customer management, commission growth and cloud expansion. As a result, the brokerage lifts its fiscal year 2026 cloud revenue growth forecast to 17%, up from the previous 12%. Analysts also highlight the potential for upside catalysts in Alibaba's AI cloud revenue, with a surge in demand observed from January to February. Approximately 60% to 70% of new customer demand is related to AI inference, they add. HSBC maintains a buy rating for Alibaba's ADR and raises the target price to $160.00 from $128.00. The ADRs last closed at $135.97. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 21, 2025 00:46 ET (05:46 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0}}}