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Market Watch · Mar 19, 2026 1:47 PM EDT AIConsumer

Alibaba’s stock slips as a big drop in net income overshadows AI progress

While Alibaba’s cloud and AI units delivered another quarter of triple-digit growth, the company’s costly pivot to rapid e-commerce delivery led to an earnings miss.

Alibaba’s stock slips as a big drop in net income overshadows AI progress
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