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Alibaba jumps as it strikes bullish tone on AI investments, even as profit plunges

Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.

TechnoHulkTechnoHulk
May 13, 2026 - 20:50
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Alibaba jumps as it strikes bullish tone on AI investments, even as profit plunges
Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.
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