Alibaba (BABA) slashed buybacks 80% year over year while CapEx surged 75%, as CEO Eddie Wu declared AI the company's "most certain growth engine."
BABAF and BBAAY investors should track whether AI Labs losses, now RMB 14B, widen faster than cloud revenue growth can offset them, with cloud currently up 45%.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Alibaba didn't make the cut. Grab the names FREE today.
Alibaba (NYSE:BABA) just made its capital allocation priorities unmistakable. In the June 2026 quarter, the company repurchased 13.4 million ordinary shares (approximately 1.7 million ADSs) for US$162 million. A year earlier, in the same fiscal quarter, it bought back 56 million ordinary shares (7 million ADSs) for US$815 million. That is roughly an 80% cut in ADS repurchases at a company that still had US$19.3 billion of authorization remaining as of June 30, 2025.
The cash was rerouted into silicon and concrete.
#year #june #Growth #company
BABAF and BBAAY investors should track whether AI Labs losses, now RMB 14B, widen faster than cloud revenue growth can offset them, with cloud currently up 45%.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Alibaba didn't make the cut. Grab the names FREE today.
Alibaba (NYSE:BABA) just made its capital allocation priorities unmistakable. In the June 2026 quarter, the company repurchased 13.4 million ordinary shares (approximately 1.7 million ADSs) for US$162 million. A year earlier, in the same fiscal quarter, it bought back 56 million ordinary shares (7 million ADSs) for US$815 million. That is roughly an 80% cut in ADS repurchases at a company that still had US$19.3 billion of authorization remaining as of June 30, 2025.
The cash was rerouted into silicon and concrete.
#year #june #Growth #company
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