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Finance May 15, 2026 1 min read

Alibaba Group posted an operating loss of CNY 848 million in its FY2026 results announced May 14 — its first operating loss in at least four years. Revenue of CNY 243.4 billion grew 3% YoY but missed the CNY 247.2 billion consensus. Bloomberg Intelligence estimates Alibaba is directing ~90% of e-commerce revenue into its Qwen AI model. $BABA fell 3.22% to $141.12 on the day.

LLM Hacker News Mar 5, 2026 2 min read

A high-ranking Hacker News thread highlighted a two-sided Qwen story: rapid model quality gains and potential organizational instability. As Qwen 3.5 expands across model sizes, reported leadership departures raise questions about roadmap continuity in the open-weight LLM ecosystem.