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Alibaba (09988.HK) said on its fiscal 2027 Q1 analyst call that AI has become the core growth engine for Alibaba Cloud. AI-related products generated annualized recurring revenue (ARR) above RMB49.5 billion (USD7.3 billion) this quarter, accounting f

2026-08-20

Alibaba (09988.HK) said on its fiscal 2027 Q1 analyst call that AI has become the core growth engine for Alibaba Cloud. AI-related products generated annualized recurring revenue (ARR) above RMB49.5 billion (USD7.3 billion) this quarter, accounting for 35% of Alibaba Cloud’s external commercial revenue; AI product gross margins are materially higher than the cloud average.

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2026-08-20

CENTCOM said as of Aug 19 it had forced 65 commercial vessels to divert course, rendered three vessels inoperative, and boarded two vessels for inspection to ensure compliance with relevant requirements.

CENTCOM said as of Aug 19 it had forced 65 commercial vessels to divert course, rendered three vessels inoperative, and boarded two vessels for inspection to ensure compliance with relevant requirements.
2026-08-20

US storage stocks bucked the trend and rose in early trading, with SK Hynix (SKHY.O) up more than 6%, SanDisk (SNDK.O) up more than 3%, and Micron Technology (MU.O) and Seagate Technology (STX.O) up nearly 2%.

US storage stocks bucked the trend and rose in early trading, with SK Hynix (SKHY.O) up more than 6%, SanDisk (SNDK.O) up more than 3%, and Micron Technology (MU.O) and Seagate Technology (STX.O) up nearly 2%.
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