Hello reader, Vibe coding is a relatively new concept. Vibe investing? That's how it's been done forever. Stock market investing, specifically, is heavily influenced by vibes and by how investors feel about something, rather than cold, hard data. Today's featured story is a prime example of why a stock ticker's movements may not have a lot to do with company performance. In this article, guest writer Jacob Cooke, co-founder and CEO of WPIC Marketing + Technologies, takes a closer look at Alibaba's latest earnings results. Profit fell sharply while capital expenditures surged - combined, they put a dent in the Chinese firm's value. But Cooke says that misses the point. He then outlines how Alibaba's performance shows how it is positioning itself to capture large swathes of China's AI demand over the next few years. The secret? A full-stack approach. Read on to find out more. Also today, we dig into the archives to explore how Chinese AI firms do more with less capital than their US rivals. Peter Cowan, engagement editor | 
