BABA is trading at $167.67, up 3.25%, after announcing it is joining Microsoft and Meta in a nuclear power push for AI infrastructure.
- The move signals major infrastructure investment in future AI capabilities, driving positive sentiment.
- The gain reflects a broader market recovery following Tuesday's tariff-driven selloff, with the S&P 500 up 0.29% and the Nasdaq up 0.20%.
- The stock is rebounding sharply from yesterday's 1.82% decline.