Alibaba stock dipped initially but recovered, following the announcement of a major update to its Qwen AI app for shopping.

After unveiling a significant update to its Qwen AI app, which is geared towards shopping, Alibaba's stock experienced a decline. The Chinese tech giant witnessed a decrease in its stock price following the announcement. Conversely, the stock had been on an upward trend prior to this development. This adjustment to the Qwen AI app signifies Alibaba's commitment to enhancing its shopping experience through artificial intelligence technology. This move by the company may have impacted investor sentiment, resulting in the stock dip. The specific numbers related to the stock decline and subsequent rally were not provided in the original information.