Alibaba stock rises on Apple AI partnership

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Alibaba’s (BABA) stock is up around 2.7% following reports of the company’s partnership with Apple (AAPL) to bring artificial intelligence (AI) features to iPhone users in China. This comes as Apple aims to regain market share from rival Huawei. Alibaba has also seen a 40% return over the last month, while its earnings are due on February 20 and will provide further insights into the company’s growth strategies. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Josh Lynch