Alibaba (BABA) Q1 FY27 — revenue RMB 269B (+9% Y/Y) tops est but net income -75% to RMB 10.54B as capex hits RMB 67.7B (~<meta name="viewport" content="width=device-width, initial-scale=1.0" />0B, +75% Y/Y) on AI infra; AI Cloud +45% (22-quarter high), AI-product revenue +12th straight triple-digit-growth quarter; ADRs -~4% early Thursday

0B, +75% Y/Y) on AI infra; AI Cloud +45% (22-quarter high), AI-product revenue +12th straight triple-digit-growth quarter; ADRs -~4% early Thursday" /> 0B, +75% Y/Y) on AI infra; AI Cloud +45% (22-quarter high), AI-product revenue +12th straight triple-digit-growth quarter; ADRs -~4% early Thursday" />

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