Alibaba grew its revenue 9% last quarter but shares still fell 6% after profit dropped 76% due to a surge in AI spending, the company reported Thursday. Revenue for the quarter ending June 30 reached 268.95 billion yuan ($39.64 billion), up 9% from a year earlier. Net income fell...
Alibaba reports 9% rise in quarterly revenue, shares fall 6%
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- 한국어알리바바, 분기 매출 9% 증가 보고, 주가 6% 하락