Chinese e-commerce giant Alibaba (BABA) rose 12.9% after posting strong Q1 FY26 results on August 29. The company topped profit forecasts and showed solid progress in AI and cloud, even though revenue of 247.7 billion yuan ($34.6 billion) fell slightly short of the 252.9 billion yuan expected. Cloud revenue stood out, climbing 26% year-over-year to 33.4 billion yuan. Adjusted earnings …
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Chinese e-commerce giant Alibaba (BABA) just reported its Q1 FY26 earnings results for the quarter ended June 30, 2025, showing a mixed performance. While revenue fell short of Wall Street estimates, stronger-than-expected profit and momentum in cloud and AI helped lift the stock roughly 4% in pre-market trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock …
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The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant’s revenues came in under analyst forecasts. Alibaba’s stock was …
Read More »2027’s top-ranked player Baba Oladotun is reclassifying to 2026 247Sports No. 1 hoops recruit Oladotun reclassifying to ’26 ESPN Here Comes the Boom: What Does Baba Oladotun’s Reclassification Mean for Kentucky? On3 Top-ranked 2027 recruit Baba Oladotun reclassifies A Sea Of Blue Gonzaga target Baba Oladotun, the No. 1 player in 2027, reclassifies to 2026 class Sports Illustrated Source link
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