Alibaba plunges after announcing $10.2 billion share placement to fund AI push

Alibaba plunges after announcing $10.2 billion share placement to fund AI push

来源:CNBC发布于 2026-08-24

Alibaba will issue new shares, with all net proceeds earmarked for AI investments. The fundraising comes days after Alibaba reported a 75% profit drop as heavy AI spending weighed on results.

相关标的:BABA

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