Alibaba shares fell after reporting a 75% drop in quarterly profit, as heavy spending on artificial intelligence infrastructure weighed on earnings despite strong growth in its cloud division.
Alibaba shares fall after 75% profit plunge as AI spending weighs on earnings
Alibaba shares fell after reporting a 75% drop in quarterly profit, as heavy spending on artificial intelligence infrastructure weighed on earnings despite strong growth in its cloud division.
Economic impact of the COVID-19 pandemic · Wikimedia — licence per file · rights
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