Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.
1hon MSNOpinion
Why Alibaba's earnings report may spell trouble for Amazon
Alibaba's stock is up even though the company's profits sank.
Alibaba Group (NYSE:BABA) shares climbed nearly 7% in early Wednesday trading after the Chinese e-commerce and technology giant reported fourth-quarter fiscal 2026 results that showed accelerating ...
Cloud revenue surged 38% and AI income hit a new record, but aggressive spending on delivery and infrastructure wiped out ...
Alibaba AI revenue reached $1.3B as cloud sales rose 38%, but heavy AI and quick commerce spending weighed on profitability.
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Detailed price information for Alibaba Group Holding ADR (BABA-N) from The Globe and Mail including charting and trades.
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Underlying profits at Alibaba plunged over 80% in its final quarter on the back of significant tech and ecommerce investments ...
Alibaba’s core profitability plunged 84% year-on-year in the March quarter as heavy investments in artificial intelligence, ...
Chinese investors are heading into the earnings season demanding proof that billions in AI spending by tech giants is paying ...
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