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Ant's quarterly profit fell sharply as the fintech giant increased investment in AI, health care and payment services.

(Bloomberg) -- China’s twin technology leaders reported revenue that fell short of estimates, signaling the challenges in translating higher AI spending into profits. Yet investors piled into Alibaba Group Holding Ltd. after the company declared it’s on track to triple revenue from artificial intelligence services.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Coun

Alibaba Group Holding Ltd (BABA) reports robust revenue growth driven by AI and cloud services, despite challenges in cash flow and EBITA.

Alibaba Gr Hldgs (NYSE:BABA) reported fourth-quarter financial results on Wednesday. The transcript from the company's fourth-quarter earnings call has been provided below. Benzinga APIs provide real-time access to earnings call transcripts and financial data. Visit https://www.benzinga.com/apis/ to learn more. The full earnings call is available at https://edge.media-server.com/mmc/p/npqai6e2/ Watch the full earnings call below: Summary Alibaba Group Holding Ltd reported a 11% year-over-year re

The S&P 500 and Nasdaq ran higher, led by Google, Nvidia, Tesla and other titans. Cisco earnings beat while AI chipmaker Cerebras will price its IPO.

Alibaba Group (NYSE:BABA) said its stepped-up investments in artificial intelligence, cloud computing and consumption businesses are beginning to translate into faster revenue growth, even as those investments weighed heavily on adjusted earnings and free cash flow in the March quarter. On the comp

Jensen Huang boarded Air Force One during a refueling stop in Anchorage on Tuesday, joining President Donald Trump’s Beijing summit at the last minute, just as short seller Culper Research published a 40-page report alleging that Nvidia Corp. (NASDAQ:NVDA) never really left China. NVDA topped a $5.5 trillion market cap on Wednesday, the first company in history to hit the level. Earnings land May 20. The Culper Allegations Culper, which disclosed it is short the stock, alleges that more than 20%

AI heavyweight Nvidia (NVDA) will report its first quarter results on May 20, in what is easily one of the most anticipated announcements of the earnings season.

Downloads for Temu, Shein, and other value-focused apps have seen downloads spike in the wake of the Iran War and rising energy costs.

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining over 1% on Wednesday. The Dow traded down 0.24% to 49,638.96 while the NASDAQ gained 1.18% to 26,395.66. The S&P 500 also rose, gaining, 0.60% to 7,445.55. Leading and Lagging Sectors Communication services shares jumped by 1.6% on Wednesday. In trading on Wednesday, utilities stocks fell by 1.4%. Top Headline Alibaba Group Holding Ltd. (NYSE:BABA) shares gained around 6% on Wednesday after the e-commerce and clou

Cloud revenue surged 38% and AI income hit a new record, but aggressive spending on delivery and infrastructure wiped out core earnings

Yunfeng Financial is leveraging its strong balance sheet and a strategic ether reserve to turn physical assets into a digital financial tool for professional investors in Hong Kong image credit: Bamboo Works Key Takeaways: Yunfeng Financial has launched a digital token backed by gold bullion for professional investors in Hong Kong on its Yunfeng Youyu platform The company is leveraging capital reserves from its core insurance business to power a new model aimed at turning gold bullion into a liq

Alibaba Group Holding Limited (NYSE:BABA) is one of the best AI stocks to buy for 2026, according to billionaire David Tepper. On May 8, Alibaba Group Holding Limited (NYSE:BABA) was on the defensive, refuting claims that it was one of the beneficiaries of billions of dollars’ worth of Super Micro computer servers containing Nvidia chips […]

SpaceX is gearing up for what could be the largest IPO ever. What does history have to teach us?

Is GDS a good stock to buy? We came across a bullish thesis on GDS Holdings Limited on Valueinvestorsclub.com by TrustTheProcess1. In this article, we will summarize the bulls’ thesis on GDS. GDS Holdings Limited’s share was trading at $42.41 as of May 1st. GDS’s trailing and forward P/E were 65.87 and 357.14 respectively according to Yahoo […]

Alibaba's stock is up even though the company's profits sank.

The Dow Jones Industrial Average was down, while the Nasdaq Composite and the S&P 500 Index were up

Cloud and AI growth could reshape long term narrative

Alibaba Group (NYSE:BABA) shares climbed nearly 7% in early Wednesday trading after the Chinese e-commerce and technology giant reported fourth-quarter fiscal 2026 results that showed accelerating momentum in cloud and artificial intelligence, even as heavy investment spending weighed on...

Headline PPI month over month pole-vaulted to +1.4%, nearly 3x the +0.5% anticipated.

China’s Alibaba said that growth accelerated for both its artificial intelligence and cloud businesses in the latest quarter, driven by the AI boom, even though overall revenue rose just 3% to to 243 billion yuan ($36 billion). Revenue from its Cloud Intelligence Group, which focuses on cloud computing and AI developments, jumped 38% in the January-March quarter from a year ago.

(Bloomberg) -- China’s twin leaders in artificial intelligence reported revenue that fell short of estimates, disappointing investors who hoped their growing spending on AI would turbocharge growth.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyAlibaba Group Holding Ltd. post

Strong AI and cloud demand helped offset weaker international e-commerce trends.

US equity futures were mixed pre-bell Wednesday as Nvidia (NVDA) stock rose ahead of a globally sign

Alibaba (BABA) reported lower-than-expected fiscal fourth-quarter earnings on Wednesday, while the C

The tech giant has continued to invest heavily in artificial intelligence and fend off intense competition in the food-delivery space.

US equity futures were mixed pre-bell Wednesday as Nvidia (NVDA) stock rose ahead of a globally sign

Alibaba stock surged following quarterly results.

Alibaba stock fell following quarterly results.

Alibaba stock fell following quarterly results.