Business

Alibaba shares tumble as investors question whether AI spending splurge is justified

MarketWatch · August 24, 2026 at 5:13 AM

Alibaba shares tumble as investors question whether AI spending splurge is justified

The market’s negative reaction to Alibaba’s announcement of a major share issue illustrates a broader skepticism among global investors about the eventual payback on present AI spending

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Alibaba shares tumble as investors question whether AI spending splurge is justified

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