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Alibaba Surges 9% Ahead of Earnings, Baidu Gains 5% as Chinese E-Commerce and Tech Stocks Rally
24/7 Wall St.28d agobullish
Alibaba Surges 9% Ahead of Earnings, Baidu Gains 5% as Chinese E-Commerce and Tech Stocks Rally

Shares of Alibaba (NYSE:BABA) are up 9% to $106 and change in early Wednesday trading, leading a broad rally in Chinese internet and e-commerce names. Alibaba stock closed at $98.14 on Tuesday, and even after this morning’s pop the shares remain down 28% year to date. The move extends well beyond Alibaba. Baidu (NASDAQ:BIDU) shares ... Alibaba Surges 9% Ahead of Earnings, Baidu Gains 5% as Chinese E-Commerce and Tech Stocks Rally

PDD Q1 Earnings Call Highlights
MarketBeat70d agoneutral
PDD Q1 Earnings Call Highlights

PDD (NASDAQ:PDD) Holdings reported first-quarter 2026 revenue of RMB 106.2 billion, up 11% from a year earlier, as management emphasized a multiyear push to deepen supply chain investments and expand a new first-party brand business. On the company’s earnings call, Co-Chairman and Co-Chief Executiv

Maplebear (CART) Q1 Earnings Lag Estimates
Zacks91d agoneutral
Maplebear (CART) Q1 Earnings Lag Estimates

Maplebear (CART) delivered earnings and revenue surprises of -0.97% and +1.50%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?