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Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - November 15 -
Alibaba Revenue Misses Views Amid Weaker Chinese Economy, Competition
Adjusted earnings before interest, taxes, depreciation and amortization declined about 4% to 47.33 billion yuan in its fiscal second quarter.Business - The Wall Street Journal - November 15 -
Alibaba posts profit beat as China looks to prop up tepid consumer spend
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.Business - CNBC - November 15 -
China's Alibaba releases AI search tool for small businesses in Europe and the Americas
Chinese e-commerce giant Alibaba unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.Business - CNBC - November 12 -
Student who wowed China in Alibaba math contest got help from teacher, organizers say
Organizers of a Chinese math competition say a vocational school student who finished near the top in the first round was helped by her teacher in violation of the rulesWorld - ABC News - November 5 -
