Rate Of Return
Coreweave Gain Hunter$Alibaba(BABA.US) $BABA-W(09988.HK) $Z.AI(02513.HK) $MINIMAX-W(00100.HK) Yesterday on the large model arena.ai, $Alibaba(BABA.US)'s qwen3.7-max-20260517 model moved up to 4th place in capability rankings, surpassing claude-opus-4-6. This is currently the best programming ranking for a domestic large model on the leaderboard (previously held by Zhipu's GLM5.1). Logically, this should be a major positive for $Alibaba(BABA.US)'s stock price (qwen3.7-max-20260517 is closed-source and exclusive to $Alibaba(BABA.US) Cloud, increasing its 'uniqueness' and 'exclusivity'). Why hasn't the stock price reacted at all? Instead, Zhipu is still surging. Has the news not spread and fermented yet?
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