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.
China's online retailer Alibaba posted better-than-expected quarterly earnings of $2.15, a share, but revenue came in short.
Alibaba had to wow investors with its earnings report Friday—and came close, but not necessarily how it thought it would.
Alibaba Group Holding Limited beat Q2 expectations with strong earnings, weak cash generation, and large buybacks rewarding ...
Net income attributable to ordinary shareholders surged 58 per cent to US$6 billion in the three months that ended in ...
Michael Burry increased his stake in Alibaba stock by 30% in Q3. BABA topped profit estimates in its fiscal third quarter on ...
Alibaba's global commerce is flexing hardrevenues surged 29%, thanks to AliExpress and Trendyol crushing it in cross-border ...
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) ...
Coder, challenges GPT-4o with state-of-the-art code generation, offering free and open-source AI tools to developers worldwide despite U.S. chip restrictions.
Alibaba Group ( BABA, Financials) posted a 5% year-over-year increase in revenue for the quarter ending Sept. 30, reaching ...
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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