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

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

CNBC2026.05.13Source: cnbc.com ↗

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

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