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

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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

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


Source:MarketWatch

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Sourcehttps://www.marketwatch.com/story/alibaba-shares-tumble-as-investors-question-whether-ai-spending-splurge-is-justified-6989038b