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Why is Alibaba stock falling despite 45% cloud growth and booming AI demand?

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Alibaba stock tanked after Thursday’s earnings despite the company delivering its strongest cloud growth in years, as investors focused on the cost of its artificial-intelligence buildout. The US-listed shares fell about 5% after the result…

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Why is Alibaba stock falling despite 45% cloud growth and booming AI demand?
Invezz 1h ago

Why is Alibaba stock falling despite 45% cloud growth and booming AI demand?

Alibaba stock tanked after Thursday’s earnings despite the company delivering its strongest cloud growth in years, as investors focused on the cost of its artificial-intelligence buildout. The US-listed shares fell about 5% after the result…