The Story
News Summary
- Alibaba launched a record $10 billion share sale to fund full-stack AI development across infrastructure, chips, and models.
- Despite near-term cash flow compression and a 75% quarterly profit drop from high capex, strong institutional demand prompted an upsized offering to challenge global AI rivals.
Explore GOOGL price history & advisor snapshot
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Stored market data
GOOGL price history
344.98
+8.10% over the displayed period
Advisor Snapshot
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