Why I Sold Alibaba and Redeployed into JD.com: A Tactical Exit from BABA
I closed my Alibaba position at current levels and redeployed capital into JD.com. Alibaba's stock is pricing in a capital-intensive AI pivot with uneven near-term profit outcomes; the shares are under pressure from slowing e-commerce and margin compression even as cloud and chip investments accelerate. The trade here is a mid-term (45 trading days…