Business 17 sources · over 5 days 43 articles

Alibaba's Profit Plunges 75% as AI Investments Soar and Stock Swings

Alibaba's quarterly profit collapsed after a massive $10 billion push into AI, sparking market volatility and a record-breaking share sale to fund its ambitions in artificial intelligence.

Read the full story → · Latest coverage 24 Aug 2026, 1:13 pm UTC

Key moments · 7

Alibaba profit falls 75% after ramping up AI infrastructure spending

Reuters ↗

Alibaba shares fall 4% as AI spending drives 75% drop in net income

CNBC ↗

Alibaba's profit fell 75% as quarterly AI spending hit $10bn

The Next Web ↗

Alibaba to issue US$10 billion in new shares for huge AI push

South China Morning Post ↗

Alibaba announces $10.2bn share placement for AI investment

Financial Times ↗

Alibaba shares fall 8% after $10 billion Hong Kong share sale

World News CNA ↗

Alibaba Executives Buy $15 Million in Shares After New Offering

Bloomberg Technology ↗

Coverage by day

newest first

16 articles

  1. Alibaba Stock Falls As AI Push Drives $10 Billion Share Sale
    Investor's Business Daily
  2. Bloomberg: Alibaba’s top two executives bought about HK$120 million ($15.3 million) worth of their company’s shares following a stock slump triggered by a capital raise fueled by AI spending bloomberg.com/news/articles/…
    https://rss.app/feeds/lmThbmvNSILYIFAP.xml
  3. Alibaba emitirá nuevas acciones para captar 8.735 millones para invertir en IA
    elEconomista.es
  4. Alibaba Executives Buy $15 Million in Shares After New Offering
    Bloomberg Technology
  5. Alibaba shares tumble as investors question whether AI spending splurge is justified
    MarketWatch

13 articles

  1. New York Post: Alibaba launches $10B Hong Kong share placement to fund AI spending trib.al/dJ1stdd
    https://rss.app/feeds/MDqHEDWBqF8DdvmQ.xml
  2. Alibaba plans to raise ~$10B in a follow-on share offering to fund AI investments; sources: it plans to offer 710M shares at a 3.6% discount to Friday's close (Reuters)
    Techmeme
  3. Alibaba seeks more than $10B in share sale to expand AI
    Breaking News on Seeking Alpha Business & Economy
  4. Alibaba Plans $10.2B Hong Kong Share Sale to Fund AI Development
    Time.news
  5. Alibaba: «Σηκώνει» 10 δισ. δολάρια για να επενδύσει στην τεχνητή νοημοσύνη
    NewsIt.gr

14 articles

  1. Alibaba Profit Dives 75% as AI Spending Ratchets Up
    Bloomberg Technology
  2. Alibaba targets RMB 100 billion external cloud revenue by 2030 with 20% gross margin goal
    Breaking News on Seeking Alpha Business & Economy
  3. Alibaba’s profit fell 75% as quarterly AI spending hit $10bn
    The Next Web
  4. Quartz: Alibaba's profit tanks 76% in AI spending blitz: Alibaba just watched its net income crater by 76%, but the company is betting big that the pain is worth it. A $10 billion capital… dlvr.it/TV5fx9 ai-beat #Alibaba #AIEconomy #TechInvestments #ProfitLoss #CloudComputing
    https://rss.app/feeds/lmThbmvNSILYIFAP.xml
  5. Alibaba: «Βουτιά» 76% στα κέρδη λόγω επενδύσεων στην AI – Στα 40 δισ. δολάρια τα έσοδα
    NewsIt.gr