BABA Stock: The World’s Favorite Geopolitical Mood Ring—From Scooter Traders to Sovereign Wealth
Alibaba’s ticker—BABA—has spent the last few years doing the financial equivalent of a trust-fall exercise on a glacier: everyone knows the drop is coming, yet the crowd still gasps when the ice finally cracks. From Wall Street to Wangfujing, from Zürich pension funds to Jakarta ride-hailing drivers who’ve turned their scooters into mini trading desks,…