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Alibaba Sales Miss Expectations. 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. Shares rose after the Chinese online retailer reported an AI boost to its cloud business which came at the right time to help it overcome a slump in consumer spending.
Alibaba Stock Gains As AI Growth Helps Earnings Beat Despite Sales Miss
Alibaba gained despite fiscal Q2 sales coming in lower than expected as earnings beat estimates with AI growth.
Alibaba's Vast Earnings Beat: I'm Staying Long
Alibaba Group Holding Limited's strong Q2 earnings beat expectations, with solid growth in the cloud segment. Click for an updated look at BABA stock prospects.
Alibaba Stock Rises on Earnings Beat but Revenue Miss
Alibaba stock rose after the Chinese online retailer posted fiscal second-quarter earnings that beat analysts’ estimates but revenue that missed forecasts. Adjusted earnings per American-listed share were 15.
2d
on MSN
Alibaba rallies after its AI business provides an earnings lift
Alibaba (NYSE:BABA) reported revenue rose 5% year-over-year to $33.71 billion. Overall revenue excluding Alibaba-consolidated ...
2d
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 ...
winbuzzer.com
1d
AI Coding Models: Alibaba Expands Qwen2.5-Coder Series Amid Global AI Push
Alibaba Cloud launches new Qwen2.5-Coder models, achieving over 250,000 downloads in two days and strong benchmark results.
1d
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 ...
2d
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 ...
1d
on MSN
Billionaire Investor Masayoshi Son Is Already $130 Billion Deep in AI Stocks. Now He Thinks Nvidia Is Undervalued.
Billionaire Investor Masayoshi Son Is Already $130 Billion Deep in AI Stocks. Now He Thinks Nvidia Is Undervalued.
2d
Alibaba: Strong Results And Its Cheap Again
Alibaba Group Holding Limited beat Q2 expectations with strong earnings, weak cash generation, and large buybacks rewarding ...
2d
Alibaba reports Q2 Cloud Intelligence Group revenue up 7% y/y
For the quarter ended September 30, revenue from Cloud Intelligence Group was $4.219B, an increase of 7% year-over-year. During this quarter, ...
Business Wire
2d
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”) ...
2d
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 ...
10d
Alibaba's AI Strategy: Massive Ad Spend to Dominate Crowded Market
Chinese AI companies, including Alibaba and ByteDance, are spending heavily on ads to gain a foothold in the competitive ...
1d
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 ...
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