US Stocks Movement | Alibaba (BABA.US) rises over 3% after Alibaba Cloud announces price increase
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On the news front, on April 15, Alibaba's Alibaba Cloud released an announcement stating that in order to continuously ensure the stable supply of underlying hardware, improve the quality of platform operation and maintenance services, and respond to changes in compute market costs, it will make moderate adjustments to the service prices of certain MU (Model Unit) model units. The affected product is the large model service platform Bailian, with price increases ranging from 2% to 7%.
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