On August 20, Alibaba (NYSE:BABA) reported fiscal first-quarter results that read like two different companies stitched into ...

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Alibaba will issue new shares, with all net proceeds earmarked for AI investments. The fundraising comes days after Alibaba reported a 75% profit drop as heavy AI spending weighed on results. The ...

Alibaba Group (BABA) shares fell about 4.5% in premarket trading on Thursday after the Chinese e-commerce giant reported adjusted earnings below Wall Street expectations, overshadowing ...

Alibaba Group Holding Limited is accelerating its transition to an AI-led growth model, with AI cloud and compute revenues up 45% year-over-year in Q1. Despite a 74% year-over-year profit decline due ...

China’s Alibaba on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development. A deal by the Chinese e-commerce and cloud computing giant would ...

Alibaba's cloud business just posted a 22-quarter high in growth, yet the stock is sinking while rival Baidu climbs. The reason comes down to a single line in the earnings report that rewrote the ...

BABA trades at a PEG of 0.52 with 38 analyst buy ratings and a stock price sitting 32% below the consensus target. AMZN trades at a richer multiple and is up 12% YTD running the same AI-cloud-commerce ...

Alibaba Group Holding Ltd. is selling its gaming arm in a deal worth at least $1.5 billion that will boost the Chinese e-commerce leader’s pivot to AI. Asian private equity firm Trustar Capital has ...

Alibaba Group 9988-0.88%decrease; down pointing triangle is selling its videogame business in a deal worth at least $1.5 billion as the Chinese company shifts its focus to artificial intelligence. The ...

Alibaba’s 9988-1.39%decrease; down pointing triangle earnings slumped in its fiscal first quarter as the Chinese e-commerce titan continued to invest heavily in artificial intelligence, racing to ...

Alibaba quarterly profit fell 75% due to AI infrastructure spend Cloud revenue rose 45% but capex also rose 75% CEO hopes to replace commercial chips in data centres with Alibaba's T-head chips Aug 20 ...