Alibaba shares open at three year-high as quarterly revenue rebounds
Alibaba's shares opened 10% higher in Hong Kong on Friday to reach their highest level in more than three years, after it reported third-quarter revenues just above analysts' estimates and said it plans to invest more in e-commerce and AI.
Alibaba Group Holding Ltd. has pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e ...
Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, ...
Shareholders of Alibaba Group Holding Limited ( NYSE:BABA ) will be pleased this week, given that the stock price is ...
Alibaba Group Holding Ltd. posted its fastest pace of revenue growth in more than a year, as the Chinese internet pioneer ...
Alibaba Group is planning to spend more money on building out cloud and AI infrastructure over the next three years than it ...
Alibaba Group Holding Limited (NYSE:BABA – Get Free Report)’s stock price shot up 5.9% during mid-day trading on Friday after Benchmark raised their price target on the stock from $118.00 to $190.00.
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...
The latest earnings report from Alibaba Group highlights resilience in key segments, led by cloud and international commerce ...
Alibaba Group Holding Ltd (HKSE:09988) is set to release its Q3 2025 earnings on Feb 20, 2025. The consensus estimate for Q3 ...
The Punch on MSN4h
Alibaba posts $6.3bn profit, plans bigger AI investmentsAlibaba Group, the parent company of AliExpress, plans to accelerate investments in artificial intelligence and cloud computing after reporting a 333 per cent surge in net income to $6.36 bn for the ...
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