EconPulse Markets. Economy. Malaysia & The World. Mon, 24 Aug 2026
Markets

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

Summary

Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.

Source & full coverage: this summary is aggregated from CNBC Finance, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CNBC Finance →