Arjun Kharpal / CNBC:

Alibaba reports Q1 revenue up 2% YoY to ~$34.6B, below ~$35.4B est., and net income up 76% to ~$5.9B, above ~$4B est., as AI demand drives cloud sales up 26%  —  Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit …

Arjun Kharpal / CNBC:

Alibaba reports Q1 revenue up 2% YoY to ~$34.6B, below ~$35.4B est., and net income up 76% to ~$5.9B, above ~$4B est., as AI demand drives cloud sales up 26%  —  Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit …

Source: TechMeme
Source Link: http://www.techmeme.com/250829/p8#a250829p8