Watching Alibaba, announcing plans to spin-off its cloud division as its own publicly traded company,

and that is the focus of today's Tech Check with your Durbosa.

A.D.

Carl, Alibaba's spin-off plans.

They have been well telegraphed, but maybe the most surprising thing about it all is that

the stock has gone nowhere since it was announced.

At the end of March, when Alibaba said it would be splitting into six different units,

investors celebrated the quote-unquote unlocking a value and the stock popped.

It closed 14% higher on that day.

Since then, however, it has been a laggard underperforming the broader markets and completely

sitting out of the big tech rally. Now, keep in mind, Baba is a nearly $225 billion market cap

company. It has its pulse on the Chinese consumer

and the reopening of the world's second largest economy and its cloud unit.

It is the third largest by market share in the world ahead of even Google.

So you might think that the spinoff of that business

could further allow it to grow unfettered and gain share.

But shares say they're down some,

I think it was 5% almost. Last time looked it paired those a little bit 3.7

Ali Cloud was a weak spot contracting 2% year over year and it's facing competition from

players that are better connected to Beijing.

It's often the story here.

Like a Huawei which has seemingly come out of nowhere in this space

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