Alibaba Group Holding Ltd. reported RMB268.95 billion in revenue for the quarter ended June 30, up 9% year on year, while net income attributable to ordinary shareholders fell 76% to RMB10.54 billion.…
Alibaba Group Holding Ltd. reported fiscal first-quarter revenue of 268.95 billion yuan ($40 billion), up 9% year-over-year and narrowly beating analyst estimates, but net income plunged 75% to 10.44 …
Alibaba Group Holding Ltd. reported a 75% year-over-year decline in net income for the quarter ended June 30, while capital expenditure on AI infrastructure rose 75% to 67.68 billion yuan, Reuters and…
Alibaba Group Holding Ltd. expects its AI product revenue to reach $10 billion next quarter, driven by triple-digit year-over-year growth for twelve consecutive quarters in its Cloud Intelligence Grou…
Alibaba Group Holding Ltd. expects higher gross margins and profitability by replacing purchased chips with its own T-Head semiconductors, which have reached cumulative shipments of 470,000 AI chips. …
Alibaba Group Holding Ltd. reported a 75% drop in net income to RMB 10,444 million ($1.5 billion) for the quarter ending June 30, while revenue rose 9% to RMB 268,953 million ($39.6 billion), as the C…
Alibaba Group Holding Ltd. reported a 75% drop in net income to 10.5 billion yuan ($1.6 billion) for the June quarter, driven by a 75% surge in capital expenditure to 67.7 billion yuan ($10 billion) o…
Alibaba Group Holding Ltd.'s net income plunged more than 75% to 10.5 billion yuan ($1.6 billion) in the latest quarter, despite a 9% revenue jump, as the company ramped up AI spending and faced a Chi…
Alibaba Group Holding Ltd. reported a 45% increase in cloud revenue for the quarter ended June 30, 2026, even as heavy spending on artificial intelligence infrastructure weighed on overall profitabili…
Alibaba Group Holding Ltd. shares surged 36% in Hong Kong this quarter, topping the Hang Seng Tech Index, on bets it can beat rivals in the AI market ahead of its results due Thursday. The company is …
Alibaba Group Holding Ltd. (NYSE: BABA) reports fiscal Q1 2027 earnings on Aug. 20 before market open, with shares trading at a trailing P/E of 19 and a forward P/E of 20, a PEG of 0.517, and analyst …
Alibaba Group Holding Ltd. has reclaimed its status as the most popular Chinese tech stock among investors, driven by a $53 billion AI and cloud infrastructure spending plan and the competitive Qwen s…
Alibaba Group Holding Ltd. (NYSE: BABA) is the more attractive growth pick ahead of its fiscal Q1 2027 earnings report on August 20, 2026, despite NetEase Inc. (NASDAQ: NTES) winning two of three anal…
Alibaba Group Holding Ltd. agreed to sell its video game development arm Lingxi Games, the studio behind the mobile hit Three Kingdoms: Strategy Edition, to private-equity firm Trustar Capital for bet…
Alibaba Group Holding Ltd. sold its Lingxi Games unit for over $1.5 billion, according to Yahoo Finance's Julie Hyman, as the Chinese tech giant sharpens its focus on artificial intelligence. The sale…
Alibaba Group Holding Ltd. is selling its gaming subsidiary Lingxi Games in a deal valued at more than $2 billion, according to Reuters, as the Chinese tech giant focuses on artificial intelligence an…
Alibaba Group Holding Ltd. is nearing a deal to sell its gaming division, Lingxi Games, to Asian private equity firm Trustar Capital for at least $1.5 billion, as the e-commerce giant sheds non-core a…
Apple Inc. is training its own artificial intelligence model for the Chinese market with support from Alibaba Group Holding Ltd., according to two sources familiar with the matter, as the iPhone maker…
Alibaba Group Holding Ltd. released the Qwen3.8-2.4T-A95B open-weights model under a restrictive custom Qwen3.8-Max License, requiring businesses with over $50 million in annual revenue to negotiate a…
Tencent Holdings Ltd. and JD.com Inc. report earnings this week, testing whether China's rotation from AI infrastructure stocks into internet platforms can continue. JD.com is expected to post an 18% …