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Investor Michael Burry said he has swapped his Alibaba (BABA) holdings for a large position in rival Chinese e-commerce company JD.com (JD), citing concerns about Alibaba's share issuance. "A few ...

Alibaba will issue new shares, with all net proceeds earmarked for AI investments. The fundraising comes days after Alibaba reported a 75% profit drop as heavy AI spending weighed on results. The ...

China’s Alibaba on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development. A deal by the Chinese e-commerce and cloud computing giant would ...

Alibaba Group Holding Limited announced the placement of $80 billion HK for 710 million newly issued ordinary shares to non-U.S. investors outside the U.S. The price is $112.70 HK per placement share ...

Alibaba Group (BABA) on Monday priced a roughly $10.2 billion placement of new shares to non-U.S. investors — the latest large tech industry fundraising plan focused on AI. U.S.-listed Alibaba stock ...

Add Yahoo as a preferred source to see more of our stories on Google. FILE PHOTO: Qwen and Alibaba logos are seen in this illustration taken, January 29, 2025. REUTERS/Dado Ruvic/Illustration//File ...

Chinese e-commerce and cloud giant Alibaba (BABA +4.33%) priced an 80 billion Hong Kong dollar placement (about $10.2 billion) on Sunday, selling 710 million newly issued shares at 112.70 Hong Kong ...

The transformation is starting to show up in the numbers. In its fiscal 2027 first quarter, which ended June 30, Alibaba's AI cloud and compute services revenue jumped 45% year over year to 48.4 ...

BEIJING, Aug 24 (Reuters) - Alibaba (9988.HK), opens new tab officially rolled out its latest AI video generation-model Wan3.0 on Monday with enhanced ‌capabilities after the Chinese internet giant ...

Alibaba 99880.56%increase; up pointing triangle plans to raise $10.2 billion to invest in artificial intelligence, a move that could sharpen its edge in the field but has stoked fears of share ...