Alibaba bets $52B on AI, cloud

Wall Street Breakfast · Feb 24, 2025 · 5m

Alibaba (BABA) to invest over $52 billion in AI and cloud infrastructure over next three years. (00:24) Prosus (PROSY) to acquire Just Eat Takeaway.com (JTKWY) for €4.1B in all-cash deal. (01:41) Shein's 2024 profit dropped nearly 40%: report. (02:35)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Monday: HE, EQX, and moreBybit hack: $1.5B stolen from ethereum wallet in largest ever crypto heistElon Musk’s DOGE laying off workers at the auto safety agency overseeing Tesla - report'Captain America: Brave New World' crashes in second weekendSign up for our daily…