Alibaba (BABA) Faces AI Leadership Shakeup Ahead of Earnings. Can Qwen's Growth Drive the Stock?

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2026.03.11 10:11
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Alibaba (BABA) is set to report earnings on March 19, focusing on its AI initiatives amid leadership changes, including the departure of key figures from its Qwen AI model. CEO Eddie Wu has formed a new task force to emphasize AI's importance. Despite these challenges, Qwen's user base surged from 31 million to 203 million in February, and AI tools are being integrated into services like Taobao and Alipay. Analysts predict earnings of $1.72 per share and revenue of $41.96 billion, an 8% increase year-over-year.