10 AI Stocks Making Headlines on Wall Street

8. Alibaba Group Holding Limited (NYSE:BABA)

Number of Hedge Fund Holders: 101

Alibaba Group Holding Limited (NYSE:BABA) is one of the 10 AI Stocks Making Headlines on Wall Street. On November 26, Benchmark reiterated its Buy rating on the stock with a $195.00 price target. The rating affirmation follows BABA’s second-quarter fiscal 2026 results, with firm analysts highlighting robust growth across core e-commerce and cloud.

The Chinese ecommerce and technology company has reported strong topline performance despite margin pressure. Revenue grew 5% yoy to RMB 248B, topping estimates by an estimated 3B.

Meanwhile, adjusted EBITDA missed due to continued investment in quick commerce. Alibaba’s E-commerce group grew 16% yoy while Cloud accelerated to 34% yoy, both beating expectations.

“F2Q26 First Look: solid growth upon investment. Revenue totaled RMB 248B, up 5% y/y, beating consensus by RMB ~3B. Adj. EBITDA was RMB 17B, missing consensus expectation of RMB 19B primarily driven by quick commerce investment. Specifically, revenue growth of Alibaba China E-commerce Group grew 16% y/y, ahead of expectation, Cloud accelerated to 34% y/y, above expectations; International Digital Commerce up 10% y/y, all others down 25% y/y.”

Alibaba Group Holding Limited (NYSE:BABA) is an internet giant that offers e-commerce services in China and internationally.