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allfrontnews > Blog > Live > Alibaba shares fall 2% as AI spending drives 75% drop in net income
Live

Alibaba shares fall 2% as AI spending drives 75% drop in net income

Last updated: August 20, 2026 12:38 pm
By allfrontnews
0 Min Read
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Alibaba’s U.S. listed shares were volatile in premarket trading after posting a 75% drop in net income in the June quarter.

Source: CNBC

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