Chinese giant Alibaba posts profit and revenue beat in December quarter amid strength in cloud unit
1. Alibaba posts record Q4 earnings, beating net income expectations. Positive sign for BABA. 2. Cloud Intelligence unit shows 13% revenue growth. AI-driven strategy gains traction. 3. Revenue of 280.154 billion yuan exceeds analyst forecasts. This supports investor confidence. 4. Stock surged 50% YTD on NY and HK exchanges. Demonstrates strong market momentum.