Alibaba’s core profit plunges even as AI and cloud growth accelerate

Alibaba’s core profit plunges even as AI and cloud growth accelerate

Jaap Arriens | Nurphoto | Getty Images Alibaba on Wednesday mentioned its core profitability plunged within the March quarter amid heavy investments in tech and e-commerce. The Chinese tech big mentioned its adjusted earnings earlier than curiosity, taxes, and amortization, a measure of the corporate’s underlying profitability, got here in at 5.1 billion Chinese yuan…

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How Walmart and Costco Thrive in Inflationary Times: 2026 Analysis – News and Statistics

How Walmart and Costco Thrive in Inflationary Times: 2026 Analysis – News and Statistics

May 2, 2026 In difficult financial intervals, notably these marked by inflation, the retail sector usually reveals its strongest gamers. According to a report revealed on 2026-05-02, two main retailers are displaying notable resilience below these circumstances. Walmart’s Position Walmart operates because the world’s largest retail chain, with over 5,000 US places located inside 10…

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