Alibaba just shocked Wall Street with Q2 results — and the market is rewarding it. Revenue beat expectations at $34.81B, China e-commerce jumped 16, international grew 10, and Cloud surged 34 thanks to rapid AI adoption. Alibaba now leads China’s AI cloud market with 35.8 share, while Qwen model usage on Hugging Face has exploded to 180,000+ derivatives.br br Despite adjusted net income dropping 72 as the company reinvests heavily, investors pushed the stock to $165.45 pre-market, up 2.90 from the previous close.br br In this video, we break down the numbers, the strategy, the AI momentum, and why analysts believe Alibaba’s long-term setup may be stronger than ever.br br Sources:br All data taken directly from Alibaba’s reported earnings and market data at the time of recording.