Why Alibaba Stock Was Falling Today
Shares of Alibaba (NYSE: BABA) were taking a dive today after investors balked at the company's big spending plans in cloud and artificial intelligence (AI).As a result, the stock was down 9.7% as of 11:24 a.m. ET.Image source: Alibaba.Continue reading
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Shares of Alibaba (NYSE: BABA) were taking a dive today after investors balked at the company's big spending plans in cloud and artificial intelligence (AI).
As a result, the stock was down 9.7% as of 11:24 a.m. ET.
Image source: Alibaba.