Alibaba Group is trading 3.5% up now at $112.36, after Goldman Sachs reiterated its Buy rating on September 17, 2026, citing accelerating cloud growth and improving certainty around returns on invested capital.
- Goldman raised its September-quarter cloud revenue-growth estimate to 53% while maintaining its Buy view.
- The technology sector is up 1.56% as renewed AI-chip optimism improves risk appetite, providing additional support.