Alibaba Plans Revenue Sharing for New Qwen AI Model
📊 BABA — Piyasa Yorumu
■ neutral · 55%News indicates that Alibaba is planning revenue sharing for its new artificial intelligence model, which could be a positive development in the long term but is not a clear catalyst in the short term. Technical indicators are mixed: RSI is at 52.7, in neutral territory; MACD is below the signal line but positive; price is below the 20-day SMA and above the 50-day SMA. There has been a slight decline over the last 24 hours, indicating weak momentum. A sideways movement is expected in the short term, but AI-related news could increase interest in the stock.
📊 9988.HK — Piyasa Yorumu
▲ up · 60%Alibaba's revenue-sharing plan for its new Qwen AI model indicates the company is intensifying its commercialization efforts in the artificial intelligence space. This news could act as a positive catalyst for the stock. Technically, the RSI is at 41, approaching oversold territory, which suggests potential for a short-term rebound. Although the MACD remains below the signal line, the price staying above the SMA50 despite dipping below the SMA20 offers a supportive outlook. Following a 2.7% decline over the last 24 hours, a rebound may occur with the news flow, but caution is advised.