Alibaba stock price has been under pressure

Alibaba stock price has been under pressure, slipping to $75.62 on June 20, However, it's unwise to rely solely on past performance to make investment decisions. Which of these two stocks is the better pick to buy right now? Here's how Alibaba and CoreWeave stack up against each other. Alibaba’s long-stalled stock just ripped to levels not seen since 2021 as its AI-and-cloud engine roars and e-commerce rebounds. Yet the multiple still looks sane enough for this rally to have legs. Alibaba stock price touched $75.62 amid muted risk appetite in equity markets. Institutional data suggests a net outflow of $32 million from China tech ETFs this week, impacting liquidity.