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Alibaba rallies after its AI business provides an earnings lift (NYSE:BABA)

Alibaba headquarter

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Alibaba (NYSE:BABA) reported revenue rose 5% year-over-year to $33.71 billion. Overall revenue excluding Alibaba-consolidated subsidiaries grew over 7% year-over-year for the quarter that ended on September 30, driven by double-digit public cloud growth, including increasing adoption of AI-related products.

The

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