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ALIBABA QUARTERLY REVENUE
Tencent revenue and profit miss on higher AI investmentTencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...
China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
Alibaba quarterly revenue rises on cloud demand, ecommerce growthAlibaba's revenue climbed 3% driven by strong cloud and AI growth, with its China e-commerce unit boosted by government subsidies. Despite ...
AI boom keeping markets elevated despite geopolitical noise: Mark MatthewsFinancial markets are increasingly prioritizing artificial intelligence-driven growth and corporate earnings over geopolitical tensions, ac...
China’s Netflix expects AI to create bulk of shows in five yearsIQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...
SpaceX IPO 2026: $1.5T valuation— will history’s biggest listing reward investors or repeat past mega-IPO disappointments? Here’s how they performedThe SpaceX IPO could become the biggest IPO in history, targeting a massive $2 trillion valuation and a $75 billion raise. That number alon...
Zhipu accelerates pivot to domestic chips amid AI boom in ChinaChinese AI firm Zhipu AI is boosting its use of local chips amid soaring computing needs. The company reported strong revenue growth for 20...
China's Alibaba targets $100B in AI and cloud revenue over 5 yearsChinese tech giant Alibaba plans to earn over 100 billion dollars from its artificial intelligence and cloud businesses in the next five ye...
Alibaba pins hopes on AI as quarterly net profit dropsNet profit plunged 66% to 15.6 billion yuan ($2.2 billion) primarily due to a "decrease in income from operations", the firm said. China's ...
Alibaba books 1.7% rise in fourth-quarter revenue; misses estimatesAlibaba on Thursday reported a 1.7% rise in fourth-quarter revenue, missing analysts' estimates, as heavy spending on one-hour delivery a...
Alibaba stock surges as AI-powered cloud revenue beats Wall Street estimates and lifts BABA share price outlook — Is BABA a Buy?Alibaba Group Holding Ltd. (NYSE: BABA) climbed sharply after reporting quarterly revenue that exceeded Wall Street expectations. The stock...
China's Alibaba misses first-quarter revenue estimatesChina's Alibaba missed market estimates for quarterly revenue on Friday as the company's e-commerce business grapples with tough competitio...
Alibaba fourth-quarter revenue rises 2%Alibaba Group Holding Ltd. reported fourth-quarter revenue that missed expectations, as Chinese consumer spending has gained some momentum ...
Alibaba quarterly revenue misses expectations as spending slowsCustomer management revenue, which tracks how much money merchants spend on Alibaba, fell 7% annually, marking the steepest-ever decline fo...
Alibaba quarterly revenue flat for first time ever in JuneRevenue came in at 205.6 billion yuan ($30.7 billion) in the April-June quarter, beating analyst expectations despite being slightly below ...
Alibaba slashes sales outlook as competition bites, demand slowsFor the quarter ended Sept. 30, Alibaba earned 11.20 yuan per share on an adjusted basis, missing an average estimate of 12.36 yuan. Revenu...
Alibaba beats quarterly revenue estimates on online boomThe results come as China clamps down on founder Jack Ma's sprawling business empire, having forced the suspension of a blockbuster $37 bil...