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Alibaba Sales Miss Expectations. AI Demand Is Riding to the Rescue.
Alibaba had to wow investors with its earnings report Friday—and came close, but not necessarily how it thought it would. Shares rose after the Chinese online retailer reported an AI boost to its cloud business which came at the right time to help it overcome a slump in consumer spending.
Alibaba Stock Gains As AI Growth Helps Earnings Beat Despite Sales Miss
Alibaba gained despite fiscal Q2 sales coming in lower than expected as earnings beat estimates with AI growth.
Alibaba's Vast Earnings Beat: I'm Staying Long
Alibaba Group Holding Limited's strong Q2 earnings beat expectations, with solid growth in the cloud segment. Click for an updated look at BABA stock prospects.
Alibaba Stock Rises on Earnings Beat but Revenue Miss
Alibaba stock rose after the Chinese online retailer posted fiscal second-quarter earnings that beat analysts’ estimates but revenue that missed forecasts. Adjusted earnings per American-listed share were 15.
2d
on MSN
Alibaba rallies after its AI business provides an earnings lift
Alibaba (NYSE:BABA) reported revenue rose 5% year-over-year to $33.71 billion. Overall revenue excluding Alibaba-consolidated ...
2d
Alibaba Stock Climbs After Earnings. AI Demand Is Riding to the Rescue.
Alibaba stock rose Friday after a timely AI boost to the company’s cloud business helped the Chinese online retailer overcome ...
Yicai Global
3h
Alibaba's Profit Soars 63% in September Quarter Amid Strategic Core Business Adjustments
Alibaba's Cloud Intelligence Group logged CNY29.6 billion in revenue in the second fiscal quarter, up 7 percent from a year ...
winbuzzer.com
1d
AI Coding Models: Alibaba Expands Qwen2.5-Coder Series Amid Global AI Push
Alibaba Cloud launches new Qwen2.5-Coder models, achieving over 250,000 downloads in two days and strong benchmark results.
2d
Alibaba Stock Falls On Mixed Quarter. AI Growth Helps Earnings Beat But Sales Miss.
Alibaba fell early Friday, after the Chinese e-commerce giant reported mixed fiscal second quarter results. Earnings beat ...
5d
Qwen2.5-Coder just changed the game for AI programming—and it’s free
Coder, challenges GPT-4o with state-of-the-art code generation, offering free and open-source AI tools to developers worldwide despite U.S. chip restrictions.
1d
on MSN
Billionaire Investor Masayoshi Son Is Already $130 Billion Deep in AI Stocks. Now He Thinks Nvidia Is Undervalued.
Billionaire Investor Masayoshi Son Is Already $130 Billion Deep in AI Stocks. Now He Thinks Nvidia Is Undervalued.
2d
Alibaba reports Q2 Cloud Intelligence Group revenue up 7% y/y
For the quarter ended September 30, revenue from Cloud Intelligence Group was $4.219B, an increase of 7% year-over-year. During this quarter, ...
2d
Michael Burry loads up on Alibaba stock: should you buy it too?
Michael Burry increased his stake in Alibaba stock by 30% in Q3. BABA topped profit estimates in its fiscal third quarter on ...
2d
Alibaba Q2 Earnings: Revenue Beats Forecast, Cloud and International Sales Shine, Free Cash Flow Falls Amid Strategic Investments
Alibaba Group Holding Ltd. (NYSE: BABA) reported strong Q2 results, including 5% revenue growth and $2.15 adjusted earnings ...
3d
Alibaba's new AI model rivals OpenAI's GPT-4o in coding ability amid open source competition
Alibaba Group Holding has developed an artificial intelligence (AI) model that rivals leading ones from US peers such as ...
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