Alibaba reported a significant decline in its core profitability for the March quarter, with adjusted earnings before interest, taxes, and amortization falling to 5.1 billion yuan ($750.9 million). The drop reflects heavy investments in technology and e-commerce, impacting the company's underlying business performance. Following the report, Alibaba's U.S.-listed shares initially rose in premarket trading but then declined by 3.4%. This signals investor concern over the company's profitability despite its growth efforts.
A potential thaw in US-China trade relations, including tariff relief and eased export controls, could significantly benefit several US and Chinese companies. Tesla and Qualcomm have mixed exposure due to their global operations, while NIO and Alibab...
Alibaba Group is entering a significant growth phase driven by AI and cloud services, with Q4 2026 showing a 38% year-over-year increase in Cloud Intelligence revenue and 40% growth in external customers. Despite missing headline earnings and revenue...
Shares of Alibaba surged 8% despite disappointing earnings, leading a 2.5% rally in Chinese stocks after President Trump met with Chinese leader Xi Jinping. The meeting boosted optimism for improved U.S.-China relations, sparking heavy call option bu...
Alibaba is reaffirmed as a buy due to strong growth in its AI and cloud businesses, with Cloud Intelligence Group showing 40% year-over-year growth and AI revenue increasing triple digits for 11 consecutive quarters. This growth offsets weakness in i...
Alibaba's shares jumped nearly 7% after reporting Q4 fiscal 2026 results showing strong growth in its cloud and AI business, despite overall revenue slightly missing estimates and adjusted earnings per share falling due to heavy investments. The Clou...
