Alibaba Shares Fall 0.94% as It Adds Amsterdam AI Cloud Capacity
Alibaba launched cloud capacity in the Netherlands. Its shares fell 0.94% to $100.01 at 11:29 a.m. ET on October 29.
Alibaba NYSE:BABA is adding European cloud capacity, but investors still want evidence it can turn that footprint into paying demand. Shares moved lower 0.94% to $100.01 at 11:29 a.m. ET on October 29. The e-commerce and cloud group's Netherlands launch gives it another location to deliver cloud an…