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Benzinga
Benzinga
Business
Chris Katje

Alibaba Q1 Earnings Preview: Chinese Giant Turns To AI, Cloud Growth After E-Commerce Dominance

Alibaba BABA e-commerce Alibaba Group Holding NYSE China
Alibaba Cloud

Chinese e-commerce giant Alibaba Group Holding (NYSE:BABA) may reveal how global issues are impacting the company and how diversification into AI might help future growth when the company reports its first-quarter financial results on Friday before the market opens.

Earnings Estimates: Analysts expect Alibaba to report first-quarter revenue of $34.26 billion, down from $33.47 billion in last year's first quarter, according to data from Benzinga Pro.

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