13:41
2026-08-24
247wallst.com
artificial-intelligence
Down 40% on AI Pressure, Michael Burry Says Alibaba Needs to Still Fall by Half
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…