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Alibaba’s tumbling shares have dampened China’s AI hopes

Summary by CryptoPanic
Alibaba Group Holding Ltd. shares tumbled on Friday, suffering their biggest one-day fall in more than a month, after the e-commerce giant’s latest results let down investors who had ranked the company among the prime winners of China’s AI race. JD. com Inc. and Tencent Holdings Ltd. also posted...
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breakingviews.com broke the news in on Friday, May 16, 2025.
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