---
title: "Alibaba’s Revenue Jumps 9% as AI Cloud Growth Hits 45%—But a Profit Plunge Sends Shares Lower"
url: https://thecoingazette.com/alibabas-revenue-jumps-9-as-ai-cloud-growth-hits-45-but-a-profit-plunge-sends-shares-lower/
date: 2026-08-20
modified: 2026-08-20
author: "Coin Gazette Editorial"
description: "Cloud and AI product revenue accelerated in the June quarter, but a 75% drop in net income extended Alibaba's run of profit misses to a fifth straight quarter."
categories:
  - "Business"
word_count: 28
---

# Alibaba’s Revenue Jumps 9% as AI Cloud Growth Hits 45%—But a Profit Plunge Sends Shares Lower

Cloud and AI product revenue accelerated in the June quarter, but a 75% drop in net income extended Alibaba's run of profit misses to a fifth straight quarter.