Alibaba shares fall after Q4 earnings miss expectations despite AI and e-commerce growth

news image
Alibaba shares dropped 7.6% on Thursday after the company missed analyst expectations for both revenue and net income in its fiscal fourth quarter, ending in March. The Chinese e-commerce giant reported revenue of RMB 236.5 billion ($32.6 billion), slightly below the RMB 237.2 billion forecast. Net income came in at RMB 12.4 billion ($1.72 billion)[…[…
阅读更多(Read More)

作者 gocpmall