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 Cloud Intelligence Group's revenue surged 38% year-over-year, driven by AI-related products with triple-digit growth for 11 straight quarters. Quick commerce revenue also rose 57%, with losses narrowing significantly. Alibaba's core China e-commerce and international digital commerce segments each grew 6%, and the company ended the quarter with $75.5 billion in cash and announced a $1.05 annual dividend per ADS. This highlights Alibaba's strategic focus on AI and cloud services as key growth drivers amid ongoing investment spending.
China's regulator has approved Apple Intelligence, Apple's generative AI service, for launch in China through a partnership integrating Alibaba's Qwen AI model into Apple’s operating systems. This collaboration enables AI features like text and image...
Alibaba confirmed that its Qwen AI model will be integrated into Apple's iOS, iPadOS, macOS, and visionOS services for users in China, leading to a 4% rise in its U.S.-listed shares in premarket trading. This integration allows users to access advanc...
Pomerantz LLP is investigating Alibaba Group for potential securities fraud and unlawful business practices following reports that Alibaba illicitly accessed AI technology and failed to prevent illegal pharmaceutical sales on its platform. These alle...
Last week, leveraged ETFs linked to Alibaba, Meta, Broadcom, and Nvidia delivered strong gains ranging from 17% to over 34%. Alibaba-focused ETFs led with over 34% returns, driven by positive earnings previews, AI revenue growth, and share buybacks. ...
In Q2 2026, Baird's Chautauqua International Growth Fund returned +10.39%, trailing the MSCI ACWI ex-U.S. Index's +14.49%. Key detractors included Alibaba and Lululemon, while Recruit and ASML contributed positively. The Global Growth Fund also lagge...
