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Alibaba Q1 FY2027: AI Cloud Revenue Surges 45%, Profit Misses

Alibaba’s Q1 FY2027 revenue slightly beat estimates but adjusted net profit and EPS missed, due to higher AI investment and one-off items. AI Cloud & Computing revenue grew 45% with EBITA up 133%, while traditional e-commerce declined. Capex surged 75%, leading to negative free cash flow.

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