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Chris Cai
06-08
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Marvell Shares Jumped 7% As To Join S&P 500 After AI Boom Helps Chipmaker Pass Profitability Test
Chris Cai
05-13
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Alibaba to Exceed Planned AI Spending and Says Margin Is Secondary
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To Join S&P 500 After AI Boom Helps Chipmaker Pass Profitability Test","url":"https://stock-news.laohu8.com/highlight/detail?id=1148218038","media":"Trading Random","summary":"Marvell Technology is set to join the benchmark S&P 500 .SPX later this month, S&P Dow Jones Indices said on Friday, after the chipmaker cleared a key profitability hurdle riding an AI-fueled...","content":"<html><head></head><body><p style=\"text-align: left;\">Marvell Technology is set to join the benchmark S&P 500 .SPX later this month, S&P Dow Jones Indices said on Friday, after the chipmaker cleared a key profitability hurdle riding an AI-fueled rally.</p><p style=\"text-align: left;\">The company will replace swimming pool equipment distributor PoolCorp POOL.O on the benchmark index before the start of trading on June 22. Marvell shares jumped 7% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ed7ac233c2c8f89c94e61089eb9c09d4\" data-align=\"center\" tg-width=\"688\" tg-height=\"809\"/><span></span></p><p style=\"text-align: left;\">The inclusion comes after the company reported a GAAP profit in the three months through December and over the sum of its most recent four quarters, overcoming a key barrier that had previously kept it out.</p><p style=\"text-align: left;\">Marvell's shares have more than tripled so far this year, bolstered by a broader rally in chip stocks on hopes for robust AI-related demand.</p><p style=\"text-align: left;\">This week alone its shares have gained roughly 29%, partly due to <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> NVDA.O CEO Jensen Huang calling the chipmaker the "next trillion dollar company". The company's market value was $276.81 billion, as of Friday's close.</p><p style=\"text-align: left;\">Marvell and larger rival Broadcom AVGO.O design custom chips for cloud-computing companies' specific data-center needs, a business that has grown rapidly as Big Tech looks to reduce reliance on Nvidia's costly and supply-constrained AI processors.</p><p style=\"text-align: left;\">In its most recent quarterly earnings, Marvell forecast its custom chip business would surpass $10 billion in revenue in fiscal 2029.</p><p style=\"text-align: left;\">Its inclusion in S&P 500 reflects how the AI boom is reshaping major U.S. equity benchmarks, with chip and data-center infrastructure companies commanding increasingly large weights as investors bet on sustained demand from cloud providers and AI workloads.</p><p style=\"text-align: left;\">The move would trigger buying from index funds and ETFs that track the S&P 500, as passive managers are required to hold constituents in line with their benchmark weights.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Marvell Shares Jumped 7% As To Join S&P 500 After AI Boom Helps Chipmaker Pass Profitability Test</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarvell Shares Jumped 7% As To Join S&P 500 After AI Boom Helps Chipmaker Pass Profitability Test\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1081967000\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Trading Random </p>\n<p class=\"h-time\">2026-06-08 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">Marvell Technology is set to join the benchmark S&P 500 .SPX later this month, S&P Dow Jones Indices said on Friday, after the chipmaker cleared a key profitability hurdle riding an AI-fueled rally.</p><p style=\"text-align: left;\">The company will replace swimming pool equipment distributor PoolCorp POOL.O on the benchmark index before the start of trading on June 22. Marvell shares jumped 7% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ed7ac233c2c8f89c94e61089eb9c09d4\" data-align=\"center\" tg-width=\"688\" tg-height=\"809\"/><span></span></p><p style=\"text-align: left;\">The inclusion comes after the company reported a GAAP profit in the three months through December and over the sum of its most recent four quarters, overcoming a key barrier that had previously kept it out.</p><p style=\"text-align: left;\">Marvell's shares have more than tripled so far this year, bolstered by a broader rally in chip stocks on hopes for robust AI-related demand.</p><p style=\"text-align: left;\">This week alone its shares have gained roughly 29%, partly due to <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> NVDA.O CEO Jensen Huang calling the chipmaker the "next trillion dollar company". The company's market value was $276.81 billion, as of Friday's close.</p><p style=\"text-align: left;\">Marvell and larger rival Broadcom AVGO.O design custom chips for cloud-computing companies' specific data-center needs, a business that has grown rapidly as Big Tech looks to reduce reliance on Nvidia's costly and supply-constrained AI processors.</p><p style=\"text-align: left;\">In its most recent quarterly earnings, Marvell forecast its custom chip business would surpass $10 billion in revenue in fiscal 2029.</p><p style=\"text-align: left;\">Its inclusion in S&P 500 reflects how the AI boom is reshaping major U.S. equity benchmarks, with chip and data-center infrastructure companies commanding increasingly large weights as investors bet on sustained demand from cloud providers and AI workloads.</p><p style=\"text-align: left;\">The move would trigger buying from index funds and ETFs that track the S&P 500, as passive managers are required to hold constituents in line with their benchmark weights.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRVL":"迈威尔科技","MRVU":"Direxion Daily MRVL Bull 2X ETF","MVLL":"2倍做多MRVL ETF-GraniteShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148218038","content_text":"Marvell Technology is set to join the benchmark S&P 500 .SPX later this month, S&P Dow Jones Indices said on Friday, after the chipmaker cleared a key profitability hurdle riding an AI-fueled rally.The company will replace swimming pool equipment distributor PoolCorp POOL.O on the benchmark index before the start of trading on June 22. Marvell shares jumped 7% in premarket trading.The inclusion comes after the company reported a GAAP profit in the three months through December and over the sum of its most recent four quarters, overcoming a key barrier that had previously kept it out.Marvell's shares have more than tripled so far this year, bolstered by a broader rally in chip stocks on hopes for robust AI-related demand.This week alone its shares have gained roughly 29%, partly due to Nvidia NVDA.O CEO Jensen Huang calling the chipmaker the \"next trillion dollar company\". The company's market value was $276.81 billion, as of Friday's close.Marvell and larger rival Broadcom AVGO.O design custom chips for cloud-computing companies' specific data-center needs, a business that has grown rapidly as Big Tech looks to reduce reliance on Nvidia's costly and supply-constrained AI processors.In its most recent quarterly earnings, Marvell forecast its custom chip business would surpass $10 billion in revenue in fiscal 2029.Its inclusion in S&P 500 reflects how the AI boom is reshaping major U.S. equity benchmarks, with chip and data-center infrastructure companies commanding increasingly large weights as investors bet on sustained demand from cloud providers and AI workloads.The move would trigger buying from index funds and ETFs that track the S&P 500, as passive managers are required to hold constituents in line with their benchmark weights.","news_type":1,"symbols_score_info":{"MRVL":2,"MVLL":0.6,"MRVU":0.6}},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":563740157419952,"gmtCreate":1778665064919,"gmtModify":1778665610557,"author":{"id":"4219227837157182","authorId":"4219227837157182","name":"Chris Cai","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4219227837157182","idStr":"4219227837157182"},"themes":[],"title":"","htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/563740157419952","repostId":"1124531958","repostType":2,"repost":{"id":"1124531958","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1778680028,"share":"https://ttm.financial/m/news/1124531958?lang=en_US&edition=fundamental","pubTime":"2026-05-13 21:47","market":"us","language":"en","title":"Alibaba to Exceed Planned AI Spending and Says Margin Is Secondary","url":"https://stock-news.laohu8.com/highlight/detail?id=1124531958","media":"Reuters","summary":"Alibaba's profits were pressured by growing investments in AI and cloud infrastructure.","content":"<html><head></head><body><p>May 13 (Reuters) - China's <a href=\"https://laohu8.com/S/BABA\">Alibaba</a>, will exceed its planned investment of 380 billion yuan ($55.96 billion) on AI over three years, it said on Wednesday, after reporting quarterly results squeezed by high levels of spending.</p><p>It did not give detail of any new target to replace the existing one that was announced early last year.</p><p>In the quarter to March, the company's profits came under pressure from investment in AI and cloud infrastructure, as well as ongoing spending on the quick commerce segment that covers deliveries made within 60 minutes.</p><p>Adjusted earnings per American Depository Share of 0.62 yuan fell short of analyst estimates of 5.79 yuan and U.S.-listed shares of the company were up more than 3% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/24d76a9de1aa9e238a401f9259e7c2c6\" tg-width=\"540\" tg-height=\"134\"/></p><p>"We aim to maintain growth that is faster than the market average in order to gain larger market share and firmly cement our absolute market leadership position... those are the primary objectives, and margin is still secondary," CEO Eddie Wu told analysts on a post-earnings call.</p><p>He added he expected higher gross margins for Alibaba Cloud in the next one to two quarters.</p><h2 id=\"id_1254876714\" style=\"text-align: start;\">SURGE IN AI DEMAND</h2><p>Like other tech giants, Alibaba has benefited from soaring business demand for artificial intelligence. Revenue from Alibaba's Cloud Intelligence Group rose 38% to 41.63 billion yuan ($6.13 billion) from a year ago, in line with estimates.</p><p>In addition to big bets on AI assistants, Alibaba has also increased the capability of its chatbot Qwen, which allows users to shop at its online Taobao and Tmall marketplaces, talking with an agent from the Qwen chat window instead of navigating a range of product listings.</p><p>The company earlier this year separated its AI businesses from its cloud computing arm and tasked Wu with leading the "Alibaba Token Hub" group, as it races to make its AI segment profitable.</p><p>It has said it is targeting more than $100 billion in combined external revenue from its AI and cloud divisions over the next five years.</p><p>AI-related products account for 30% of external customer revenue for the Cloud division, Alibaba said.</p><p>Excluding one-time items, Alibaba's net income for the quarter dropped 99.7% and adjusted EBITA decreased 84%, which Alibaba attributed to the investment in its technology businesses as well as in quick commerce.</p><p>Alibaba reported revenue of 122.22 billion yuan ($18 billion) in its China e-commerce business, which includes the highly competitive quick commerce segment, exceeding estimates of 119.85 billion yuan.</p><p>Executives said they were confident the "unit economics for quick commerce will turn positive by the end of fiscal year '27".</p><p>Already, Alibaba said its quick commerce investments had helped to drive customer acquisition, enhance user engagement and had increased transactions and improved monetisation for e-commerce overall in the quarter.</p><p>Total revenue was 243.38 billion yuan for the quarter ended March 31, slightly missing an LSEG consensus estimate of 247.22 billion yuan.</p><p>($1 = 6.7908 Chinese yuan renminbi)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba to Exceed Planned AI Spending and Says Margin Is Secondary</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba to Exceed Planned AI Spending and Says Margin Is Secondary\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-05-13 21:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 13 (Reuters) - China's <a href=\"https://laohu8.com/S/BABA\">Alibaba</a>, will exceed its planned investment of 380 billion yuan ($55.96 billion) on AI over three years, it said on Wednesday, after reporting quarterly results squeezed by high levels of spending.</p><p>It did not give detail of any new target to replace the existing one that was announced early last year.</p><p>In the quarter to March, the company's profits came under pressure from investment in AI and cloud infrastructure, as well as ongoing spending on the quick commerce segment that covers deliveries made within 60 minutes.</p><p>Adjusted earnings per American Depository Share of 0.62 yuan fell short of analyst estimates of 5.79 yuan and U.S.-listed shares of the company were up more than 3% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/24d76a9de1aa9e238a401f9259e7c2c6\" tg-width=\"540\" tg-height=\"134\"/></p><p>"We aim to maintain growth that is faster than the market average in order to gain larger market share and firmly cement our absolute market leadership position... those are the primary objectives, and margin is still secondary," CEO Eddie Wu told analysts on a post-earnings call.</p><p>He added he expected higher gross margins for Alibaba Cloud in the next one to two quarters.</p><h2 id=\"id_1254876714\" style=\"text-align: start;\">SURGE IN AI DEMAND</h2><p>Like other tech giants, Alibaba has benefited from soaring business demand for artificial intelligence. Revenue from Alibaba's Cloud Intelligence Group rose 38% to 41.63 billion yuan ($6.13 billion) from a year ago, in line with estimates.</p><p>In addition to big bets on AI assistants, Alibaba has also increased the capability of its chatbot Qwen, which allows users to shop at its online Taobao and Tmall marketplaces, talking with an agent from the Qwen chat window instead of navigating a range of product listings.</p><p>The company earlier this year separated its AI businesses from its cloud computing arm and tasked Wu with leading the "Alibaba Token Hub" group, as it races to make its AI segment profitable.</p><p>It has said it is targeting more than $100 billion in combined external revenue from its AI and cloud divisions over the next five years.</p><p>AI-related products account for 30% of external customer revenue for the Cloud division, Alibaba said.</p><p>Excluding one-time items, Alibaba's net income for the quarter dropped 99.7% and adjusted EBITA decreased 84%, which Alibaba attributed to the investment in its technology businesses as well as in quick commerce.</p><p>Alibaba reported revenue of 122.22 billion yuan ($18 billion) in its China e-commerce business, which includes the highly competitive quick commerce segment, exceeding estimates of 119.85 billion yuan.</p><p>Executives said they were confident the "unit economics for quick commerce will turn positive by the end of fiscal year '27".</p><p>Already, Alibaba said its quick commerce investments had helped to drive customer acquisition, enhance user engagement and had increased transactions and improved monetisation for e-commerce overall in the quarter.</p><p>Total revenue was 243.38 billion yuan for the quarter ended March 31, slightly missing an LSEG consensus estimate of 247.22 billion yuan.</p><p>($1 = 6.7908 Chinese yuan renminbi)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBYY":"GraniteShares YieldBOOST BABA ETF","BABW":"Roundhill BABA WeeklyPay ETF","BABA":"阿里巴巴","BABO":"BABA期权收益策略ETF-YieldMax","KBAB":"2倍做多BABA ETF-KraneShares","09988":"阿里巴巴-W","BABX":"2倍做多BABA ETF-GraniteShares","BABU":"Direxion Daily BABA Bull 2X ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124531958","content_text":"May 13 (Reuters) - China's Alibaba, will exceed its planned investment of 380 billion yuan ($55.96 billion) on AI over three years, it said on Wednesday, after reporting quarterly results squeezed by high levels of spending.It did not give detail of any new target to replace the existing one that was announced early last year.In the quarter to March, the company's profits came under pressure from investment in AI and cloud infrastructure, as well as ongoing spending on the quick commerce segment that covers deliveries made within 60 minutes.Adjusted earnings per American Depository Share of 0.62 yuan fell short of analyst estimates of 5.79 yuan and U.S.-listed shares of the company were up more than 3% in morning trading.\"We aim to maintain growth that is faster than the market average in order to gain larger market share and firmly cement our absolute market leadership position... those are the primary objectives, and margin is still secondary,\" CEO Eddie Wu told analysts on a post-earnings call.He added he expected higher gross margins for Alibaba Cloud in the next one to two quarters.SURGE IN AI DEMANDLike other tech giants, Alibaba has benefited from soaring business demand for artificial intelligence. Revenue from Alibaba's Cloud Intelligence Group rose 38% to 41.63 billion yuan ($6.13 billion) from a year ago, in line with estimates.In addition to big bets on AI assistants, Alibaba has also increased the capability of its chatbot Qwen, which allows users to shop at its online Taobao and Tmall marketplaces, talking with an agent from the Qwen chat window instead of navigating a range of product listings.The company earlier this year separated its AI businesses from its cloud computing arm and tasked Wu with leading the \"Alibaba Token Hub\" group, as it races to make its AI segment profitable.It has said it is targeting more than $100 billion in combined external revenue from its AI and cloud divisions over the next five years.AI-related products account for 30% of external customer revenue for the Cloud division, Alibaba said.Excluding one-time items, Alibaba's net income for the quarter dropped 99.7% and adjusted EBITA decreased 84%, which Alibaba attributed to the investment in its technology businesses as well as in quick commerce.Alibaba reported revenue of 122.22 billion yuan ($18 billion) in its China e-commerce business, which includes the highly competitive quick commerce segment, exceeding estimates of 119.85 billion yuan.Executives said they were confident the \"unit economics for quick commerce will turn positive by the end of fiscal year '27\".Already, Alibaba said its quick commerce investments had helped to drive customer acquisition, enhance user engagement and had increased transactions and improved monetisation for e-commerce overall in the quarter.Total revenue was 243.38 billion yuan for the quarter ended March 31, slightly missing an LSEG consensus estimate of 247.22 billion yuan.($1 = 6.7908 Chinese yuan renminbi)","news_type":1,"symbols_score_info":{"BABU":0.6,"BABW":0.6,"BABO":0.6,"KBAB":0.6,"BBYY":0.6,"BABA":2,"09988":1,"BABX":0.6}},"isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":572964440777280,"gmtCreate":1780906219685,"gmtModify":1780907841719,"author":{"id":"4219227837157182","authorId":"4219227837157182","name":"Chris Cai","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4219227837157182","authorIdStr":"4219227837157182"},"themes":[],"title":"","htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/572964440777280","repostId":"1148218038","repostType":2,"repost":{"id":"1148218038","kind":"news","weMediaInfo":{"introduction":"Go Trading Go","home_visible":1,"media_name":"Trading Random","id":"1081967000","head_image":"https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544"},"pubTimestamp":1780905944,"share":"https://ttm.financial/m/news/1148218038?lang=en_US&edition=fundamental","pubTime":"2026-06-08 16:05","market":"us","language":"en","title":"Marvell Shares Jumped 7% As To Join S&P 500 After AI Boom Helps Chipmaker Pass Profitability Test","url":"https://stock-news.laohu8.com/highlight/detail?id=1148218038","media":"Trading Random","summary":"Marvell Technology is set to join the benchmark S&P 500 .SPX later this month, S&P Dow Jones Indices said on Friday, after the chipmaker cleared a key profitability hurdle riding an AI-fueled...","content":"<html><head></head><body><p style=\"text-align: left;\">Marvell Technology is set to join the benchmark S&P 500 .SPX later this month, S&P Dow Jones Indices said on Friday, after the chipmaker cleared a key profitability hurdle riding an AI-fueled rally.</p><p style=\"text-align: left;\">The company will replace swimming pool equipment distributor PoolCorp POOL.O on the benchmark index before the start of trading on June 22. Marvell shares jumped 7% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ed7ac233c2c8f89c94e61089eb9c09d4\" data-align=\"center\" tg-width=\"688\" tg-height=\"809\"/><span></span></p><p style=\"text-align: left;\">The inclusion comes after the company reported a GAAP profit in the three months through December and over the sum of its most recent four quarters, overcoming a key barrier that had previously kept it out.</p><p style=\"text-align: left;\">Marvell's shares have more than tripled so far this year, bolstered by a broader rally in chip stocks on hopes for robust AI-related demand.</p><p style=\"text-align: left;\">This week alone its shares have gained roughly 29%, partly due to <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> NVDA.O CEO Jensen Huang calling the chipmaker the "next trillion dollar company". The company's market value was $276.81 billion, as of Friday's close.</p><p style=\"text-align: left;\">Marvell and larger rival Broadcom AVGO.O design custom chips for cloud-computing companies' specific data-center needs, a business that has grown rapidly as Big Tech looks to reduce reliance on Nvidia's costly and supply-constrained AI processors.</p><p style=\"text-align: left;\">In its most recent quarterly earnings, Marvell forecast its custom chip business would surpass $10 billion in revenue in fiscal 2029.</p><p style=\"text-align: left;\">Its inclusion in S&P 500 reflects how the AI boom is reshaping major U.S. equity benchmarks, with chip and data-center infrastructure companies commanding increasingly large weights as investors bet on sustained demand from cloud providers and AI workloads.</p><p style=\"text-align: left;\">The move would trigger buying from index funds and ETFs that track the S&P 500, as passive managers are required to hold constituents in line with their benchmark weights.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Marvell Shares Jumped 7% As To Join S&P 500 After AI Boom Helps Chipmaker Pass Profitability Test</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarvell Shares Jumped 7% As To Join S&P 500 After AI Boom Helps Chipmaker Pass Profitability Test\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1081967000\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Trading Random </p>\n<p class=\"h-time\">2026-06-08 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">Marvell Technology is set to join the benchmark S&P 500 .SPX later this month, S&P Dow Jones Indices said on Friday, after the chipmaker cleared a key profitability hurdle riding an AI-fueled rally.</p><p style=\"text-align: left;\">The company will replace swimming pool equipment distributor PoolCorp POOL.O on the benchmark index before the start of trading on June 22. Marvell shares jumped 7% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ed7ac233c2c8f89c94e61089eb9c09d4\" data-align=\"center\" tg-width=\"688\" tg-height=\"809\"/><span></span></p><p style=\"text-align: left;\">The inclusion comes after the company reported a GAAP profit in the three months through December and over the sum of its most recent four quarters, overcoming a key barrier that had previously kept it out.</p><p style=\"text-align: left;\">Marvell's shares have more than tripled so far this year, bolstered by a broader rally in chip stocks on hopes for robust AI-related demand.</p><p style=\"text-align: left;\">This week alone its shares have gained roughly 29%, partly due to <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> NVDA.O CEO Jensen Huang calling the chipmaker the "next trillion dollar company". The company's market value was $276.81 billion, as of Friday's close.</p><p style=\"text-align: left;\">Marvell and larger rival Broadcom AVGO.O design custom chips for cloud-computing companies' specific data-center needs, a business that has grown rapidly as Big Tech looks to reduce reliance on Nvidia's costly and supply-constrained AI processors.</p><p style=\"text-align: left;\">In its most recent quarterly earnings, Marvell forecast its custom chip business would surpass $10 billion in revenue in fiscal 2029.</p><p style=\"text-align: left;\">Its inclusion in S&P 500 reflects how the AI boom is reshaping major U.S. equity benchmarks, with chip and data-center infrastructure companies commanding increasingly large weights as investors bet on sustained demand from cloud providers and AI workloads.</p><p style=\"text-align: left;\">The move would trigger buying from index funds and ETFs that track the S&P 500, as passive managers are required to hold constituents in line with their benchmark weights.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRVL":"迈威尔科技","MRVU":"Direxion Daily MRVL Bull 2X ETF","MVLL":"2倍做多MRVL ETF-GraniteShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148218038","content_text":"Marvell Technology is set to join the benchmark S&P 500 .SPX later this month, S&P Dow Jones Indices said on Friday, after the chipmaker cleared a key profitability hurdle riding an AI-fueled rally.The company will replace swimming pool equipment distributor PoolCorp POOL.O on the benchmark index before the start of trading on June 22. Marvell shares jumped 7% in premarket trading.The inclusion comes after the company reported a GAAP profit in the three months through December and over the sum of its most recent four quarters, overcoming a key barrier that had previously kept it out.Marvell's shares have more than tripled so far this year, bolstered by a broader rally in chip stocks on hopes for robust AI-related demand.This week alone its shares have gained roughly 29%, partly due to Nvidia NVDA.O CEO Jensen Huang calling the chipmaker the \"next trillion dollar company\". The company's market value was $276.81 billion, as of Friday's close.Marvell and larger rival Broadcom AVGO.O design custom chips for cloud-computing companies' specific data-center needs, a business that has grown rapidly as Big Tech looks to reduce reliance on Nvidia's costly and supply-constrained AI processors.In its most recent quarterly earnings, Marvell forecast its custom chip business would surpass $10 billion in revenue in fiscal 2029.Its inclusion in S&P 500 reflects how the AI boom is reshaping major U.S. equity benchmarks, with chip and data-center infrastructure companies commanding increasingly large weights as investors bet on sustained demand from cloud providers and AI workloads.The move would trigger buying from index funds and ETFs that track the S&P 500, as passive managers are required to hold constituents in line with their benchmark weights.","news_type":1,"symbols_score_info":{"MRVL":2,"MVLL":0.6,"MRVU":0.6}},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":563740157419952,"gmtCreate":1778665064919,"gmtModify":1778665610557,"author":{"id":"4219227837157182","authorId":"4219227837157182","name":"Chris Cai","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4219227837157182","authorIdStr":"4219227837157182"},"themes":[],"title":"","htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/563740157419952","repostId":"1124531958","repostType":2,"repost":{"id":"1124531958","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1778680028,"share":"https://ttm.financial/m/news/1124531958?lang=en_US&edition=fundamental","pubTime":"2026-05-13 21:47","market":"us","language":"en","title":"Alibaba to Exceed Planned AI Spending and Says Margin Is Secondary","url":"https://stock-news.laohu8.com/highlight/detail?id=1124531958","media":"Reuters","summary":"Alibaba's profits were pressured by growing investments in AI and cloud infrastructure.","content":"<html><head></head><body><p>May 13 (Reuters) - China's <a href=\"https://laohu8.com/S/BABA\">Alibaba</a>, will exceed its planned investment of 380 billion yuan ($55.96 billion) on AI over three years, it said on Wednesday, after reporting quarterly results squeezed by high levels of spending.</p><p>It did not give detail of any new target to replace the existing one that was announced early last year.</p><p>In the quarter to March, the company's profits came under pressure from investment in AI and cloud infrastructure, as well as ongoing spending on the quick commerce segment that covers deliveries made within 60 minutes.</p><p>Adjusted earnings per American Depository Share of 0.62 yuan fell short of analyst estimates of 5.79 yuan and U.S.-listed shares of the company were up more than 3% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/24d76a9de1aa9e238a401f9259e7c2c6\" tg-width=\"540\" tg-height=\"134\"/></p><p>"We aim to maintain growth that is faster than the market average in order to gain larger market share and firmly cement our absolute market leadership position... those are the primary objectives, and margin is still secondary," CEO Eddie Wu told analysts on a post-earnings call.</p><p>He added he expected higher gross margins for Alibaba Cloud in the next one to two quarters.</p><h2 id=\"id_1254876714\" style=\"text-align: start;\">SURGE IN AI DEMAND</h2><p>Like other tech giants, Alibaba has benefited from soaring business demand for artificial intelligence. Revenue from Alibaba's Cloud Intelligence Group rose 38% to 41.63 billion yuan ($6.13 billion) from a year ago, in line with estimates.</p><p>In addition to big bets on AI assistants, Alibaba has also increased the capability of its chatbot Qwen, which allows users to shop at its online Taobao and Tmall marketplaces, talking with an agent from the Qwen chat window instead of navigating a range of product listings.</p><p>The company earlier this year separated its AI businesses from its cloud computing arm and tasked Wu with leading the "Alibaba Token Hub" group, as it races to make its AI segment profitable.</p><p>It has said it is targeting more than $100 billion in combined external revenue from its AI and cloud divisions over the next five years.</p><p>AI-related products account for 30% of external customer revenue for the Cloud division, Alibaba said.</p><p>Excluding one-time items, Alibaba's net income for the quarter dropped 99.7% and adjusted EBITA decreased 84%, which Alibaba attributed to the investment in its technology businesses as well as in quick commerce.</p><p>Alibaba reported revenue of 122.22 billion yuan ($18 billion) in its China e-commerce business, which includes the highly competitive quick commerce segment, exceeding estimates of 119.85 billion yuan.</p><p>Executives said they were confident the "unit economics for quick commerce will turn positive by the end of fiscal year '27".</p><p>Already, Alibaba said its quick commerce investments had helped to drive customer acquisition, enhance user engagement and had increased transactions and improved monetisation for e-commerce overall in the quarter.</p><p>Total revenue was 243.38 billion yuan for the quarter ended March 31, slightly missing an LSEG consensus estimate of 247.22 billion yuan.</p><p>($1 = 6.7908 Chinese yuan renminbi)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba to Exceed Planned AI Spending and Says Margin Is Secondary</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba to Exceed Planned AI Spending and Says Margin Is Secondary\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-05-13 21:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 13 (Reuters) - China's <a href=\"https://laohu8.com/S/BABA\">Alibaba</a>, will exceed its planned investment of 380 billion yuan ($55.96 billion) on AI over three years, it said on Wednesday, after reporting quarterly results squeezed by high levels of spending.</p><p>It did not give detail of any new target to replace the existing one that was announced early last year.</p><p>In the quarter to March, the company's profits came under pressure from investment in AI and cloud infrastructure, as well as ongoing spending on the quick commerce segment that covers deliveries made within 60 minutes.</p><p>Adjusted earnings per American Depository Share of 0.62 yuan fell short of analyst estimates of 5.79 yuan and U.S.-listed shares of the company were up more than 3% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/24d76a9de1aa9e238a401f9259e7c2c6\" tg-width=\"540\" tg-height=\"134\"/></p><p>"We aim to maintain growth that is faster than the market average in order to gain larger market share and firmly cement our absolute market leadership position... those are the primary objectives, and margin is still secondary," CEO Eddie Wu told analysts on a post-earnings call.</p><p>He added he expected higher gross margins for Alibaba Cloud in the next one to two quarters.</p><h2 id=\"id_1254876714\" style=\"text-align: start;\">SURGE IN AI DEMAND</h2><p>Like other tech giants, Alibaba has benefited from soaring business demand for artificial intelligence. Revenue from Alibaba's Cloud Intelligence Group rose 38% to 41.63 billion yuan ($6.13 billion) from a year ago, in line with estimates.</p><p>In addition to big bets on AI assistants, Alibaba has also increased the capability of its chatbot Qwen, which allows users to shop at its online Taobao and Tmall marketplaces, talking with an agent from the Qwen chat window instead of navigating a range of product listings.</p><p>The company earlier this year separated its AI businesses from its cloud computing arm and tasked Wu with leading the "Alibaba Token Hub" group, as it races to make its AI segment profitable.</p><p>It has said it is targeting more than $100 billion in combined external revenue from its AI and cloud divisions over the next five years.</p><p>AI-related products account for 30% of external customer revenue for the Cloud division, Alibaba said.</p><p>Excluding one-time items, Alibaba's net income for the quarter dropped 99.7% and adjusted EBITA decreased 84%, which Alibaba attributed to the investment in its technology businesses as well as in quick commerce.</p><p>Alibaba reported revenue of 122.22 billion yuan ($18 billion) in its China e-commerce business, which includes the highly competitive quick commerce segment, exceeding estimates of 119.85 billion yuan.</p><p>Executives said they were confident the "unit economics for quick commerce will turn positive by the end of fiscal year '27".</p><p>Already, Alibaba said its quick commerce investments had helped to drive customer acquisition, enhance user engagement and had increased transactions and improved monetisation for e-commerce overall in the quarter.</p><p>Total revenue was 243.38 billion yuan for the quarter ended March 31, slightly missing an LSEG consensus estimate of 247.22 billion yuan.</p><p>($1 = 6.7908 Chinese yuan renminbi)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBYY":"GraniteShares YieldBOOST BABA ETF","BABW":"Roundhill BABA WeeklyPay ETF","BABA":"阿里巴巴","BABO":"BABA期权收益策略ETF-YieldMax","KBAB":"2倍做多BABA ETF-KraneShares","09988":"阿里巴巴-W","BABX":"2倍做多BABA ETF-GraniteShares","BABU":"Direxion Daily BABA Bull 2X ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124531958","content_text":"May 13 (Reuters) - China's Alibaba, will exceed its planned investment of 380 billion yuan ($55.96 billion) on AI over three years, it said on Wednesday, after reporting quarterly results squeezed by high levels of spending.It did not give detail of any new target to replace the existing one that was announced early last year.In the quarter to March, the company's profits came under pressure from investment in AI and cloud infrastructure, as well as ongoing spending on the quick commerce segment that covers deliveries made within 60 minutes.Adjusted earnings per American Depository Share of 0.62 yuan fell short of analyst estimates of 5.79 yuan and U.S.-listed shares of the company were up more than 3% in morning trading.\"We aim to maintain growth that is faster than the market average in order to gain larger market share and firmly cement our absolute market leadership position... those are the primary objectives, and margin is still secondary,\" CEO Eddie Wu told analysts on a post-earnings call.He added he expected higher gross margins for Alibaba Cloud in the next one to two quarters.SURGE IN AI DEMANDLike other tech giants, Alibaba has benefited from soaring business demand for artificial intelligence. Revenue from Alibaba's Cloud Intelligence Group rose 38% to 41.63 billion yuan ($6.13 billion) from a year ago, in line with estimates.In addition to big bets on AI assistants, Alibaba has also increased the capability of its chatbot Qwen, which allows users to shop at its online Taobao and Tmall marketplaces, talking with an agent from the Qwen chat window instead of navigating a range of product listings.The company earlier this year separated its AI businesses from its cloud computing arm and tasked Wu with leading the \"Alibaba Token Hub\" group, as it races to make its AI segment profitable.It has said it is targeting more than $100 billion in combined external revenue from its AI and cloud divisions over the next five years.AI-related products account for 30% of external customer revenue for the Cloud division, Alibaba said.Excluding one-time items, Alibaba's net income for the quarter dropped 99.7% and adjusted EBITA decreased 84%, which Alibaba attributed to the investment in its technology businesses as well as in quick commerce.Alibaba reported revenue of 122.22 billion yuan ($18 billion) in its China e-commerce business, which includes the highly competitive quick commerce segment, exceeding estimates of 119.85 billion yuan.Executives said they were confident the \"unit economics for quick commerce will turn positive by the end of fiscal year '27\".Already, Alibaba said its quick commerce investments had helped to drive customer acquisition, enhance user engagement and had increased transactions and improved monetisation for e-commerce overall in the quarter.Total revenue was 243.38 billion yuan for the quarter ended March 31, slightly missing an LSEG consensus estimate of 247.22 billion yuan.($1 = 6.7908 Chinese yuan renminbi)","news_type":1,"symbols_score_info":{"BABU":0.6,"BABW":0.6,"BABO":0.6,"KBAB":0.6,"BBYY":0.6,"BABA":2,"09988":1,"BABX":0.6}},"isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
