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2023-08-10

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Alibaba Rose Nearly 4% in Morning Trading As It Beat Quarterly Revenue Estimates

$Alibaba(BABA)$ rose nearly 4% in morning trading as it beat quarterly revenue estimates.It reported first-quarter revenue on Thursday that beat analysts' estimates as consumer sentiment improved from the same time a year earlier when there were strict pandemic-related lockdowns.

Alibaba Rose Nearly 4% in Morning Trading As It Beat Quarterly Revenue Estimates

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