Alibaba plunges after announcing $10.2 billion share placement to fund AI push
Source: www.cnbc.com ·
Section: business-tech ·
Bias: Center-Right
· Published: Mon, 24 Aug 2026 02:55:22 GMT
Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.
Read the full article at www.cnbc.com →
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