Weekly Recap: Qwen3.8-Max rollout and Q2 outlook with raised targets

Alibaba Group Holding Limited Sponsored ADR (NYSE:BABA) has pushed its Qwen3.8-Max multimodal MOE AI live via Alibaba Cloud APIs and QwenWork with global access and expert routing ahead of open weights, while Apple taps BABA for China AI features as traders eye Aug. 28 Q2 results and firmer price targets.

Previous Week Recap

• Qwen3.8-Max Multimodal MOE: BABA rolled out Qwen3.8-Max via Alibaba Cloud APIs and QwenWork: a large multimodal MOE AI model with huge context, runtime expert activation, global access ahead of planned open weights release.
• Q2 Results Eyeed; Targets Up: Alibaba (BABA) traders eye Q2 results due around Aug 28: consensus EPS $2.51, revenue $38.72B. Recent broker price targets raised (e.g., $185–$205).
• Apple Names Alibaba Partner: Apple names Alibaba (BABA) as a partner to deploy AI features in China, signaling BABA's role in local AI product and service rollouts that may affect its business and partnerships.

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.