Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Nov 15, 2024
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.
https://www.marketwatch.com/story/alibabas-stock-rallies-after-profit-beat-expectation-as-ai-business-sees-rapid-growth-68d3f4ca?mod=mw_rss_topstories
Respond, make new discussions, see other discussions and customize your news...

To add this website to your home screen:

1. Tap tutorialsPoint

2. Select 'Add to Home screen' or 'Install app'.

3. Follow the on-scrren instructions.

Feedback
FAQ
Privacy Policy
Terms of Service