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Alibaba Stock Drops Despite Higher-than-Estimated Profit
Alibaba Stock Falls On Mixed Quarter. AI Growth Helps Earnings Beat But Sales Miss.
Alibaba fell early Friday, after the Chinese e-commerce giant reported mixed fiscal second quarter results. Earnings beat estimates but sales came in light, despite strong performances from the company's international retail division and its AI cloud business.
Alibaba’s stock rallies as continued AI growth helps fuel a profit beat
Alibaba’s stock jumps after a profit beat, with the AI business extending its streak of triple-digit percentage growth.
Alibaba Stock Drops Despite Higher-than-Estimated Profit; Sales Disappoint
Alibaba Group shares traded in the U.S. were lower in Friday morning trading after the Chinese ecommerce giant posted higher-than-expected quarterly earnings but revenue was lower than Wall Street anticipated.
4h
on MSN
Alibaba Stock Climbs After Earnings. AI Demand Is Riding to the Rescue.
Alibaba had to wow investors with its earnings report Friday—and came close, but not necessarily how it thought it would.
18h
Alibaba's new AI model rivals OpenAI's GPT-4o in coding ability amid open source competition
Alibaba Group Holding has developed an artificial intelligence (AI) model that rivals leading ones from US peers such as ...
3h
Alibaba's Profit Skyrockets 63%, But One Major Metric Missed the Mark
Alibaba's global commerce is flexing hardrevenues surged 29%, thanks to AliExpress and Trendyol crushing it in cross-border ...
5h
Alibaba's Fiscal Q2 2025 Earnings Underpin 3 Impending Catalysts
Alibaba Group Holding Limited's strong Q2 earnings show growth in core commerce & cloud, with catalysts ahead. Click for our ...
5h
Michael Burry loads up on Alibaba stock: should you buy it too?
Michael Burry increased his stake in Alibaba stock by 30% in Q3. BABA topped profit estimates in its fiscal third quarter on ...
1h
Alibaba Reports 5% Revenue Growth, Driven by AI and Cloud Expansion
Alibaba Group ( BABA, Financials) posted a 5% year-over-year increase in revenue for the quarter ending Sept. 30, reaching ...
7h
on MSN
What analysts are saying about Alibaba's earnings report
Alibaba Group Holdings ( NYSE: BABA) rose 3% in premarket trading after reporting that its cloud business saw a boost from AI ...
Business Wire
5h
Alibaba Group Announces September Quarter 2024 Results
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) ...
3h
Alibaba's quarterly profit surges 58% on strong cloud, offshore e-commerce growth
Alibaba Group Holding's New York-listed stock gained 5 per cent in pre-market trading after it posted a surprise increase in ...
2d
on MSN
Alibaba Has Been Losing to PDD. Why That’s Set to Change.
Analysts at DBS Bank estimate that the company’s share of the Chinese e-commerce market fell to 42% in 2023 from 52% in 2021.
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