Alibaba Group News - August 2026
🔴 Alibaba Group is trading 3.17% down today as CXMT begins low-volume HBM3E production
Alibaba Group is trading 3.17% down now at $115.14 after August 31, 2026 coverage linked the decline to CXMT beginning low-volume HBM3E production. - Alibaba...
🔴 Alibaba Group is trading 3.37% down today on AI spending and share dilution concerns
Alibaba Group is trading 3.37% down now at $115.79 after investors continued weighing the short-term costs of its AI expansion and a discounted $10.2 billion...
🔴 Alibaba Group is trading 3.46% down in pre-market after announcing $10.2 billion share placement
Alibaba Group is trading at $115.21 (-3.46%) after announcing an HK$80 billion ($10.2 billion) placement of 710 million new shares at HK$112.70, an 8.4%...
Alibaba Launches Record $10.2B Share Sale, Funding AI Expansion
Alibaba Group announced plans on Sunday for a share placement in Hong Kong to raise approximately HK$80 billion ($10.2 billion). This offering marks the...
David Tepper's Appaloosa cuts Alibaba (BABA) stake by 42%
Billionaire investor David Tepper's Appaloosa Management reduced its position in Alibaba by 42.28% during the second quarter of 2026, lowering its holding to...
🔴 Alibaba Group is trading 5.65% down today after profit fell 75% and earnings missed estimates
Alibaba Group is trading 5.65% down now at $123.16 after investors focused on the August 20 earnings release’s steep profit decline and earnings miss. -...
🔴 Alibaba Group is trading 3.55% down in pre-market after profit fell 75% year over year
Alibaba Group is trading 3.55% down now at $125.89 in pre-market after its August 20 earnings report showed a 75% year-over-year profit decline, despite 45%...
Alibaba's first quarter 2026 cloud revenue surges 45% amid heavy infrastructure spending
Alibaba Group reported first quarter 2026 revenue of $39.64 billion, slightly ahead of analyst expectations, though non-GAAP diluted earnings per ADS of $1.26...
Alibaba Profit Plunges 76% as AI Infrastructure Spending Surges
Alibaba Group reported first-quarter revenue of 268.95 billion yuan (~$40 billion), a 9% year-over-year increase. These results met analyst estimates. Cloud...
Alibaba Group Holding Ltd Q2 2026 Earnings Preview: What Analysts Expect on August 20, 2026
Alibaba is expected to report consensus revenue of $39.52 billion and earnings per share of $1.77, while the stock trades near $127.25 against a consensus...
Alipay Launches AI Merchant Platform, Boosting Alibaba Shares 5%
Alibaba affiliate Alipay launched China’s first full-stack agentic commerce platform to automate merchant operations. The all-in-one system allows businesses...
Trump’s WLF Partners With Flagged Chinese AI, Raising Conflict Concerns
World Liberty Financial (WLF), a crypto firm backed by Donald Trump, has entered a collaboration with Hong Kong-based AI platform WorldClaw. The platform...
Alibaba’s Qwen AI Hits 3 Billion Downloads, Eclipsing Google and Meta
Alibaba Group’s Qwen open-weight AI models reached over 3 billion global downloads in the past six months. This milestone establishes the company as a dominant...
Chinese Labs Sweep Video AI Rankings, Securing Nine Top Global Spots
Chinese AI labs now hold nine of the world’s top ten text-to-video generation models, according to research firm Artificial Analysis. ByteDance and Kuaishou...
Alibaba's Biggest AI Model Yet Is Lifting the Stock — But Can Cloud Revenue Justify the Burn Rate?
Shares of Alibaba surged 4.8% to $128.06 after the company launched its largest-ever artificial intelligence model — a system capable of understanding text,...
🟢 Alibaba Group is trading 4.8% up today after launching its new Qwen3.8-Max AI model
Alibaba Group is trading 4.8% up at $128.06 after unveiling its new Qwen3.8-Max multimodal AI model, a move that has significantly bolstered investor optimism...
Alibaba Launches Qwen3.8-Max AI Model, Sending Hong Kong Shares Up 6%
Alibaba Group launched Qwen3.8-MAX, its latest flagship multimodal AI model. The company's Hong Kong-listed shares rose 6% following the announcement. The new...
Alibaba's 20,000-Chip Cloud Deal Cements Its AI Kingmaker Role in China — But Can It Turn Computing Power Into Lasting Profit?
Shares of Alibaba surged 3.6% to $120.55 after Bloomberg reported that Chinese AI startup Moonshot secured access to roughly 20,000 Nvidia chips through...