This Chinese Tech Giant Quietly Cut Its Buyback 80% to Fund AI

Source: 24/7 Wall St.· Joel South· August 23, 2026
This Chinese Tech Giant Quietly Cut Its Buyback 80% to Fund AI

Alibaba is sitting on billions in buyback authorization yet chose to stop using it, redirecting cash into a bet that makes the next few quarters look very di...

This story was reported by 24/7 Wall St.. Read the full original article:
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