Alibaba’s robust first-quarter results and expanding cloud capabilities have led multiple analysts to raise their price targets for the tech titan. HSBC, JPMorgan, and CMBI highlight the company’s stabilizing e-commerce ecosystem, signaling continued optimism in Alibaba’s long-term potential.

JM Smucker, the Uncrustables maker, has raised its full-year net sales forecast after a fiscal first quarter that topped management’s expectations. While the upward revision is modest, it represents a positive vote of confidence for the US manufacturer amid lingering concerns on Wall Street.