Home/ Crypto News/ Alibaba (BABA) Stock Plunges Nearly 5% as Q1 Earnings Miss Sparks Investor Concerns

blockonomi Aug 20, 2026

Alibaba (BABA) Stock Plunges Nearly 5% as Q1 Earnings Miss Sparks Investor Concerns

Stocks

Alibaba (BABA) shares fell 4.5% premarket as Q1 profit tumbled 76% despite cloud revenue jumping 45%. Heavy AI spending weighs on bottom line.

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Source: Source: Blockonomi