Monday, 24 August 2026 · World
USD/EUR 0.8562 USD/GBP 0.7329 USD/JPY 158.9 USD/CNY 6.729 All rates →
RSS
EUROS The World Financial Report
Nº 44 Monday, 24 August 2026 · World Edition
LATEST
Asia

Global Market: Alibaba shares slide after $10.2 billion share placement to fund AI expansion

Markets-Economic Times · 2h ago · 🇮🇳 India
Global Market: Alibaba shares slide after $10.2 billion share placement to fund AI expansion

Alibaba shares fell as much as 10% after the company launched a $10.2 billion share placement to fund AI expansion. The discounted offering raised dilution concerns, while heavy AI spending and a 75% profit decline intensified investor scrutiny over returns. Alibaba plans major infrastructure investments as competition in AI accelerates.

Read the full story at Markets-Economic Times →