US stocks fluctuate | Alibaba (BABA.US) rose more than 2% Goldman Sachs: Full-stack cloud vendors are experiencing new growth opportunities

According to the Chitong Finance APP, on Wednesday, Alibaba (BABA.US) rose more than 2%, to $166.10. Goldman Sachs said in a recent report that full-stack cloud providers represented by Alibaba are facing new growth opportunities due to the accelerated adoption of large-scale models by enterprises and the sustained robust demand for computing. Goldman Sachs believes that Alibaba, with its leading model capabilities, 47% market share in the Chinese public cloud market, and diversified chip supply, is well positioned and has the potential for international expansion.