Chart of the Day: BABA Qwen App Hits 10M Downloads in a Week
Schwab Network · Schwab Network
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Show Notes
Alibaba (BABA) is up more than 80% in 2025 but about 20% off its all-time high. U.S. shares of the Chinese ecommerce giant moved higher Monday morning after its Qwen app was downloaded 10 million times in a week. Charles Schwab's Rachel Dashiell measures the price action in the near and long-term to show how its "phenomenal year" faces pressure.
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