Alibaba stock falls 7% on profit miss, but analyst stays bullish on AI cloud

China AI Markets (Google News)August 21, 2026en

China AI Markets (Google News)

AI Global Wire

Alibaba Group Holding Limited BABA stock slid almost 7% on Friday as investors digested heavier AI spending and profit pressure, even with the Consumer Discretionary sector up 0.81% and the S&P 500 ...

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