Alibaba Makes AI-driven Comeback, Revenue Jumps 8%
For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion renminbi, or $38.3 billion, beating analyst expectations.
Alibaba Stock Soars After Earnings Beat. It’s All About AI.
The e-commerce company said last week that it would partner with Apple in China to support iPhone AI services.
Alibaba Stock Jumps as Results Surpass Estimates
KEY TAKEAWAYS Shares of Alibaba Group listed in the U.S. are jumping in premarket trading Thursday after the Chinese tech and e-commerce giant reported quarterly results that beat estimates.The company said revenue in its December quarter rose 7.
Alibaba: Beating Earnings And Firing On All Cylinders
Alibaba Group Holding's December quarter earnings surpassed expectations, with strong cloud growth and rising EBITA. Click to find out why BABA stock is a Buy.
Why Alibaba Stock Is Soaring After Earnings
Alibaba stock is higher Thursday after the China-based e-commerce platform beat expectations for its fourth quarter. Here's what you need to know.
Alibaba Stock Jumps Following Earnings Beat, Strong AI Cloud Growth
Alibaba Group stock continued its red-hot rally Thursday, climbing more than 10% after reporting December quarter results. Alibaba's fiscal third quarter earnings and revenue topped estimates, while the company's AI push helped accelerate growth for its cloud business.
Alibaba plans major AI investment as revenues rebound in third quarter
Alibaba on Thursday flagged plans to invest more in its "core businesses" of e-commerce and AI-powered cloud computing after ...
Apple will use Alibaba AI tech in iPhones
Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports ...
Alibaba to ramp up AI, cloud computing investments as quarterly profit surges 239%
CEO Eddie Wu said Alibaba will ‘aggressively invest’ in AI infrastructure and bolster research and development on advanced ...
Alibaba: China's AI Tiger Roars, Stock Soars
Powered by AI, Alibaba delivered a double beat for Q3 earlier this morning triggering a double-digit bounce in its stock.
Alibaba Posts Fastest Revenue Growth Since 2023
The e-commerce company posted a better-than-expected 7.6% rise in revenue as it worked to put growth back on track amid ...
Apple picks Alibaba to launch AI features in China
Apple will work with Chinese tech giant Alibaba to roll out AI services in the world’s biggest market for mobile phones, in a ...
Alibaba Group EPS Rises, Cash Flow Dips
The latest earnings report from Alibaba Group highlights resilience in key segments, led by cloud and international commerce ...
Apple's Alibaba AI deal is unlikely to be a silver bullet for its China woes
Apple and Alibaba are set to partner and bring AI to iPhones in China at a time when its smartphone sales in the country are ...
Apple is reportedly partnering with Alibaba in China for AI features, and it makes sense after DeepSeek
DeepSeek has been at the center of frenzied interest in Chinese AI developers; even so, Apple is reportedly teaming up with ...
Apple teams up with Alibaba to bring AI features for iPhones in China, The Information reports
Apple is partnering with Alibaba to roll out artificial intelligence features for iPhone users in China, the Information ...
China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...