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Alibaba shares rise as AI drives 34% cloud sales jump
Alibaba reported a 34% year-on-year rise in cloud computing revenue to 39.8 billion yuan.
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cnbc.com
Alibaba shares rise as AI drives 34% cloud sales jump
Alibaba reported a 34% year-on-year rise in cloud computing revenue to 39.8 billion yuan.
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forbes.com
China Market Update: Alibaba Results On Cloud 9
Asian equities were mixed overnight despite a weaker dollar as the renminbi appreciated to 7.08 (US $/CNY so a decline is appreciation).