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Barchart
Pathikrit Bose

AI Spending Hurts Alibaba's Q4 Profits. BABA Stock Is Still Rocking Higher.

BABA Alibaba Qwen

The headline about Alibaba (BABA) above could make one feel that shares must have nosedived following a disappointing set of results for Q4. The reality could not have been more different, as BABA stock surged by more than 8% as the market looked past the company's dwindling profits and found its increased AI spending favorable.

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