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    Alibaba delivered a tale of two stories in its latest quarterly results, showcasing the divergence between near-term profitability and long-term technology bets. The Chinese e-commerce and cloud computing giant reported earnings Wednesday that revealed the steep cost of its artificial intelligence ambitions. Shares tumbled 3.06% in premarket trading as investors digested the mixed fiscal fourth-quarter […]

    The post Alibaba revenue rises but earnings plunge 100% appeared first on Rolling Out.

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