Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.
Alibaba plunges after announcing $10.2 billion share placement to fund AI push
By CNBC • Published 11 hours ago
Source: CNBC
About the Author: CNBC
CNBC is a senior correspondent for Dhallo News, specializing in technology and investigative journalism. Their work has been syndicated globally. Reach them via telegraph at cnbc@dhallonews.local.
Read More from technology
District Collector directs officials on Karmayogi training, grievance redress and eye donation awareness
......
Read Article »Six arrested for running fake airline job racket; victims from Delhi, neighbouring States
Six accused ran call centre from Noida, posing as airline HR executives to colle...
Read Article »T.N. government actively pursuing V-C appointment issue in courts, Higher Education Minister tells Assembly
Presenting the Demand for Grants for his department, he announces that the gover...
Read Article »