Alibaba’s Profits Have Plummeted: Is BABA Still a Play for AI and Instant Commerce?
Alibaba (BABA) released its Q2 2026 earnings yesterday, November 25. The stock took a hit after that report, but ultimately closed lower as it broke the top line but missed earnings per share (EPS) estimates. Furthermore, its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) fell a whopping 78% year-over-year. The company’s adjusted EBITDA…