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The Chinese company has been spending heavily on the technology as it jostles with rivals for dominance in the rapidly growing AI sector.

Michael Burry criticized Alibaba Group Holding Ltd. shares as overvalued and disclosed that he recently exited his position in the Chinese tech giant in order to build a “large” position in rival online retailer JD.com Inc.

Alibaba Group Holding Ltd. is seeking to raise about HK$80 billion ($10.2 billion) from a share sale, its latest move to compete for global leadership in artificial intelligence.

Alibaba is betting heavily on AI as cloud revenues accelerate, margins improve and management defends rising CapEx while targeting quicker payback.

Find insight on netEase, Alibaba, Megaport and more in the latest Market Talks covering technology, media and telecom.

Alibaba Group (NYSE:BABA) reported June-quarter revenue growth of 9% as accelerating demand for artificial intelligence products and cloud services helped offset the effects of heavier technology investment on profitability. Chief Executive Officer Eddie Wu said Alibaba Cloud’s external revenue ros

Dow Jones futures: Crude oil continues to climb while bitcoin jumped again amid a weak dollar. Walmart earnings are in focus.

75 % That's the increase in quarterly capital expenditure that the Chinese tech and e-commerce company reported just now. It invested almost $10 billion in the three months through June, much of it on AI infrastructure.

Alibaba’s earnings slumped in its fiscal first quarter, as the Chinese e-commerce titan continued to invest heavily in artificial intelligence, racing to preserve its lead in the AI sector.

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.

Alibaba's financial subsidiary Ant Group's ‌quarterly profits rose ‌1% year-on-year to around ​4.7 billion yuan ($698 million) in the quarter ending June 30, Reuters ‌calculations from ⁠Alibaba's quarterly earnings report showed. The fintech ⁠giant has been attempting to pivot towards ​agentic commerce, ​digital ​health and ‌embodied AI services in recent years, with its hugely popular AQ AI personal health app. It said ​in June that ​it ​spent a ‌record $5.17 billion on AI ​R&D ​in 2025.

Today Earnings (a.m.): Walmart, Alibaba, Deere & Co., Advance Auto Parts, Earnings (p.m.): Ross Stores Economic data: Unemployment insurance initial weekly claims, Philadelphia Fed manufacturing survey, U.

Weibo Corp (WB) reports 2% revenue growth in Q2 2026, driven by a 19% surge in VAS, while navigating advertising softness and investing in AI to enhance user engagement and ad performance.

Alibaba is set to report its fiscal Q1 earnings on Aug. 20. Here’s how the data suggests BABA shares will respond to the earnings event.

Today Federal Reserve: FOMC minutes from Fed’s July meeting Earnings (a.m.): Target, Lowe's, TJX, Analog Devices, Estee Lauder Economic data: EIA weekly petroleum status report, CPI (UK), PPI (UK) Tomorrow Earnings: Walmart, Alibaba, Deere & Co.

Baidu (NASDAQ:BIDU) said its AI-powered businesses accounted for half of its general business revenue in the second quarter of 2026, as the company reported rapid growth in AI cloud infrastructure and outlined continued investment in chips, models, applications and autonomous driving. Total revenue

Investing.com -- ShengShu Technology, an artificial intelligence video platform backed by Alibaba Group Holding Ltd., is exploring a Hong Kong initial public offering that could raise more than $500 million, Bloomberg reported Tuesday.

ShengShu Technology, an artificial intelligence video platform backed by Alibaba Group Holding Ltd., is considering a Hong Kong initial public offering, according to people familiar with the matter.

Today Earnings (a.m.): Home Depot, Baidu Earnings (p.m.) Toll Brothers Economic data: Housing starts for July, pending home sales, import and export price indexes, July industrial production and ...

Some of the biggest of the big-box retailers report quarterly earnings this week.

Alibaba Group Holding Ltd. launched the beta version of an artificial intelligence music-generation model that can turn a single text prompt into a fully produced song, expanding the Chinese technology giant’s push into generative AI.

By Lawrence Delevingne BOSTON, Aug 17 (Reuters) - President Donald Trump-backed World Liberty Financial is collaborating with a Hong Kong-based venture offering artificial-intelligence models

Monday Economic data: Empire state manufacturing survey (Federal Reserve Bank of New York), NAHB home builder confidence index, Treasury international capital data (U.S.), CPI (Canada). Earnings (p.

CXMT Corp.’s ascent to the pinnacle of Chinese markets heralds a potentially consequential shift away from private-sector giants toward a new generation of hardware companies more closely aligned with Beijing’s strategic ambitions.

Markets face a retail-dominated week where Home Depot (HD), Target (TGT), TJX Companies (TJX), and Walmart (WMT) report earnings providing critical consumer spending assessment across income segments.

Hengli is accused by the U.S. of being a major importer of illicit Iranian crude; the Chinese petrochemical company denies trading with Iran.

Alibaba Group Holding’s open-weight models have accumulated more than 3 billion global downloads in the past six months, eclipsing Meta Platforms Inc., Alphabet Inc. and domestic peers to become the world’s No. 1 artificial-intelligence model.

Z.ai Co. is set to upgrade its flagship AI model, adding to a series of Chinese open-weight offerings seeking to outcompete Anthropic PBC and OpenAI.

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