Alibaba's US-listed shares surged nearly 11% following a US federal judge's temporary block on Pentagon restrictions linked to the company's alleged ties to China's military. This legal reprieve allows Alibaba to continue engaging with US policymakers while challenging the designation. Investor optimism also grew ahead of Alibaba's upcoming June-quarter earnings report, with analysts expecting strong execution and revenue growth driven by cloud computing and AI services. The company is seen as well-positioned despite broader market headwinds in China's online retail sector.
Profusa, Inc. saw its stock fall 28% following a wider Q2 net loss of $8.8 million and a 1-for-4 reverse stock split. The company disclosed convertible exchange agreements and borrowed $650,000 for working capital, raising investor concerns about its...
Alibaba Group reported a mixed first quarter in 2027 with revenue slightly exceeding expectations, but profitability falling short of consensus. The company faced significant cash flow challenges, with free cash flow declining sharply to -RMB44.6 bil...
Alibaba's stock fell 7% following its Q2 report showing 45% growth in AI cloud revenue but a 75% surge in capital spending, leading to a free cash flow outflow. The market reacted to the high costs of Alibaba's AI infrastructure buildout, despite str...
Alibaba reported June quarter revenue in line with expectations but missed earnings per share (EPS) due to aggressive spending on AI development. The company's AI and cloud segment grew 45% year-over-year, with AI product revenue rising triple digits...
Alibaba reported a 9% revenue increase driven by strong growth in its cloud and AI-related products, but heavy AI investments caused a 75% drop in net income. The company is advancing agentic commerce by integrating AI into retail, with 250 million u...
