Will Heavy Capex Spending Weigh on Alibaba's AI Ambitions?
Alibaba Group BABA is doubling down on artificial intelligence, but the financial toll of its aggressive spending spree is raising uncomfortable questions about near-term profitability. The company reported non-GAAP earnings of 61 cents per ADS in the second quarter of fiscal 2026, which lagged the Zacks Consensus Estimate by 7.58%. In domestic currency, the company ...












