Alibaba Missed Its Revenue Expectations but the Tech Giant Is Leaning Hard Into AI. Should Investors Buy, Sell, or Hold?
There's growing pressure for artificial intelligence (AI) companies to deliver strong results. As investments into AI are rising, so too are expectations for there to be a payoff. While there have been reports of AI-related job losses and companies touting their newfound efficiencies, investors remain skeptical, and that is evident with many AI stocks incurring steep losses this year. One promising AI stock that recently posted underwhelming earnings numbers is Chinese company Alibaba Group Holdings (NYS ...