US Stock Market Move | Alibaba Group Holding Limited Sponsored ADR (BABA.US) rose more than 6%, with AI model and application service ARR revenue surpassing 8 billion yuan.

On Wednesday, Alibaba Group Holding Limited Sponsored ADR(BABA.US) rose more than 6% to $143.44. In terms of news, during the analyst conference call for the Q4 financial report of the 2026 fiscal year, Alibaba Group Holding Limited Sponsored ADR CEO Wu Yongming stated that the demand for API tokens on the Bailian MaaS platform is growing very rapidly. Compared to November and December last year, the demand has increased by more than ten times in May this year. Recently, the ARR revenue of AI models and application services has exceeded 8 billion RMB. Wu Yongming predicts that in the quarter of June, the annualized recurring revenue (ARR) of AI models and application services, including the Bailian MaaS platform, will exceed 10 billion RMB, and by the end of the year, it will exceed 30 billion RMB. He stated that AI is driving the overall upgrade of Alibaba Cloud's business, shifting the growth momentum from traditional computing storage to models, computing power, and Agent services. According to the financial report, Alibaba Group Holding Limited Sponsored ADR's revenue for the Q4 of the 2026 fiscal year was 243.38 billion RMB, a year-on-year increase of 3%; net profit was 25.476 billion RMB, compared to 12.382 billion RMB in the same period last year. During the period, the revenue of Cloud Intelligence Group was 41.626 billion RMB, a year-on-year increase of 38%, and the growth of external commercialization revenue accelerated to 40% year-on-year. This growth momentum is mainly driven by the growth of public cloud business revenue, including the increase in adoption of AI-related products. The revenue of AI-related products in this quarter maintained strong momentum, reaching 8.971 billion RMB, achieving double-digit year-on-year growth for the tenth consecutive quarter.