Alibaba Cloud's QwenCloud, launched May 26, 2026, packages model inference, agent tools, and compatible APIs to drive cloud consumption, part of Alibaba's $53 billion three-year AI and cloud infrastru…
Alibaba Group co-founder Jack Ma bought more than HK$600 million (US$76.5 million) worth of Alibaba shares in recent days to show support for the company's AI ambitions, a person familiar with the mat…
Alibaba's $10.2 billion share placement was nearly three times oversubscribed, with orders reaching roughly $28 billion, as sovereign wealth funds and long-only institutions took more than 40% of the …
Alibaba Group Holding Ltd. completed the largest follow-on share sale in Hong Kong history, raising HK$80 billion ($10.2 billion) by issuing 710 million new shares at HK$112.70 each, with net proceeds…
Jack Ma spent roughly $77 million buying Alibaba Group Holding Ltd. Hong Kong-listed shares over two trading days this week, following the company's HK$80 billion ($10.2 billion) AI fundraise that sen…
Alibaba Group Holding Ltd. co-founder Jack Ma spent over HK$600 million (approximately $76.5 million) on Hong Kong-listed shares over consecutive trading days, joining Chairman Joe Tsai and CEO Eddie …
Alibaba Group Holding Ltd. co-founder Jack Ma bought more than HK$600 million ($76.5 million) worth of Alibaba shares to show support for its AI ambitions, the South China Morning Post reported, citin…
Alibaba's stock has fallen roughly 40% from its January high after the company reported a 75% plunge in quarterly net income to 10.5 billion yuan and announced a $10.2 billion share sale to fund AI in…
Alibaba Group Holding Ltd. reported a 75% drop in net income for the quarter ended June 30, 2026, and announced a HK$80bn ($10.2bn) share placement in Hong Kong to fund AI investment, the largest prim…
Alibaba has priced a record HK$80 billion ($10.2 billion) share placement to fund its full-stack AI buildout, selling 710 million ordinary shares at HK$112.70 each, a 3.6% discount to its New York clo…
Alibaba Group Holding Ltd. is raising £7.5bn through a Hong Kong share sale of 710 million new shares at £10.54 each, the largest-ever primary follow-on offering by a Hong Kong-listed company, to fund…
Michael Burry, the investor known for betting against the 2008 housing market, said in a Substack post on August 23 that he moved his entire Alibaba position into JD.com, citing Alibaba's HK$80 billio…
Alibaba Group Holding Ltd. cut its share repurchases by roughly 80% in the June 2026 quarter, buying back 13.4 million ordinary shares (1.7 million ADSs) for US$162 million versus 56 million ordinary …
Alibaba Group Holding Ltd. launched a HK$80 billion ($10.2 billion) share placement on Sunday to fund artificial intelligence-related development, marking the largest-ever primary follow-on offering b…
Alibaba Group Holding Ltd. announced a proposed Hong Kong share placement worth HK$80 billion ($10.2 billion) to fund its AI infrastructure spending, after reporting a 76% drop in net income to RMB10.…
Analog Devices reported record fiscal third-quarter revenue of $4.02 billion, up 40% year over year, driven by data center optical and power business growth of over 100%, which now accounts for about …
Alibaba Group Holding Ltd. shares fell 7% to $121.17 on Friday as investors repriced the cost of its AI infrastructure buildout, despite cloud revenue rising 45% to 48.44 billion yuan ($7.2 billion) i…
Alibaba Group Holding Ltd. reported on August 20, 2026 that its AI Cloud and Compute Services revenue rose 45% in the June quarter to RMB48.44 billion ($7.14 billion), the fastest growth in 22 quarter…
Alibaba Group's net income fell 75% year-on-year to $1.5 billion in the June quarter, as capital expenditures surged to $10 billion to expand AI compute capacity. CEO Eddie Wu said the heavy spending …
Alibaba Group Holding Ltd. reported a 75% drop in quarterly profit for the April-to-June quarter as it increased spending on artificial intelligence infrastructure, with capital expenditure jumping 75…