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

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

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

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 [Image text:] RAI Alibaba ZA 3200 29 89 Tin's
Alibaba (LOCATION) AI (ORG)
Originally published by MarketWatch Read original →