Alibaba Group Holding Limited (BABA)
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Alibaba: cloud AI upside still has to outrun China platform risk
Alibaba reported fiscal 2026 revenue of CNY 1.02 trillion, operating income of CNY 50.15 billion and net income of CNY 103.59 billion. The thesis turns on China commerce durability, cloud/AI growth, capital returns and ADR/geopolitical risk.
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