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Alibaba's Revenue Jumps 9% as AI Cloud Growth Hits 45%—But a Profit Plunge Sends Shares Lower
Wire Report via Decrypt
2LAR Wire Desk (Decrypt)
Syndicated Wire Desk • Published 2026-08-20
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Cloud and AI product revenue accelerated in the June quarter, but a 75% drop in net income extended Alibaba's run of profit misses to a fifth straight quarter....
Real-time digital asset intelligence report synthesized from live wire distributions covering global market trends, network protocol upgrades, and regulatory developments.
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