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News
Alibaba’s Profit Dives 75% After Amping Up AI Spending
3+ week, 3+ day ago (379+ words) (Bloomberg) -- Alibaba Group Holding Ltd.'s profit plunged more than 75% after China's e-commerce leader ratcheted up AI spending while grappling with a broad Chinese consumption slowdown. Bessent Deploys Debt Buybacks in Sign of Concern Over Yield Rise China Sentences Evergrande's…...
Alibaba Drops 2.6% as U.S. Turns AI Distillation Into a Security Threat
3+ day, 10+ hour ago (230+ words) Yahoo Finance Oops, something went wrong U.S. markets close in 1h 2m Alibaba Drops 2.6% as U.S. Turns AI Distillation Into a Security Threat This article first appeared on GuruFocus. Alibaba Group (NYSE:BABA), China's e-commerce and cloud-computing giant, confronted fresh U.S. allegations over large-scale AI-model…...
Alibaba.com Says Accio Ran E-Commerce Tasks at Over 50% Lower Cost
3+ day, 10+ hour ago (396+ words) Alibaba.com on September 9, 2026, announced results from a 107-task benchmark evaluation showing that Accio, its AI agent platform for commerce, completed a range of e-commerce tasks at more than 50% lower estimated cost than OpenAI’s Codex and Anthropic’s Claude Code, with…...
Alibaba integrates 1688, Alibaba.com under single operation
4+ day, 4+ hour ago (22+ words) techinasia.com If you're seeing this message, that means JavaScript has been disabled on your browser....
Alibaba Stock Has Fallen 41% From Its High. Is the AI Spend Creating a Bargain or a Trap?
5+ day, 37+ min ago (339+ words) @alexsl from Getty Images Signature via Canva, @alexsl from Getty Images Signature via Canva See historical and forward estimates for Alibaba stock (It’s free!) >>> External cloud revenue rose 45% year over year in the June quarter, and management said growth has…...
Chinese profits rose 25.7%. The CSI 300 fell 9% and the Star 50 fell 29%
1+ week, 20+ hour ago (476+ words) Beijing's stock market is the first to watch a full AI capex cycle arrive in reported profit, and Europe has not started spending yet Graph showing rising profits with stacked coins on table Profits at onshore-listed Chinese companies rose 25.7% in…...
CANG: Q2 revenue dropped 50% as mining scaled back; AI business to contribute revenue from Q3
1+ week, 5+ day ago (73+ words) TradingView CANG: Q2 revenue dropped 50% as mining scaled back; AI business to contribute revenue from Q3 Revenue fell 50% sequentially to $50.8M as mining operations were scaled back, resulting in an $81.6M net loss driven by non-cash impairment and disposal losses. AI infrastructure commercialization began…...
Huawei H1 profit drop quickens to 36% on rising costs, R&D spending
1+ week, 5+ day ago (461+ words) BEIJING, Aug 31 (Reuters) – China’s Huawei Technologies reported a 36% plunge in first-half net profit on Monday as soaring input costs and heavier spending on research and development outweighed revenue growth. The Shenzhen-based tech and telecoms giant said net profit for January…...
Alibaba Stock Drops 1.13%, Momentum Weakens: Explained — JournalArta Global
1+ week, 5+ day ago (198+ words) On September 1, 2026: price 114.20 HKD, trend sideways, RSI 43.8, support 112.50, resistance 128.10. technical analysis of alibaba stock. A close above the middle band would matter. The chart is oversold, not healed. At HK$114.20, the share price is positioned in the lower part of…...
China’s Zhipu AI revenue quintuples in first half, loss narrows
1+ week, 5+ day ago (367+ words) By Liam Mo and Eduardo Baptista BEIJING, Aug 31 (Reuters) – China’s Zhipu AI reported first-half revenue of 953.9 million yuan ($141.96 million), up 400% from a year earlier, as the Beijing-based startup sought to turn demand for its AI models into sales while rolling…...