News/Alibaba plunges after announcing $10.2 billion share placement to fund AI push
Monday, August 24, 2026

Alibaba plunges after announcing $10.2 billion share placement to fund AI push

Alibaba plunges after announcing $10.2 billion share placement to fund AI push CNBC This Chinese Tech Giant Quietly Cut Its Buyback 80% to Fund AI Yahoo Finance Alibaba to Raise $10.20 Billion for AI Investment With Share Placement WSJ Alibaba shares fall 8% after $10 billion Hon

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