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Alibaba shares rally 6% after massive earnings beat

Alibaba shares rally 6% after massive earnings beat

Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement across the world. Alibaba said its own product is currently undergoing internal testing.

Kuang Da | Visual China Group | Getty Images

Alibaba reported earnings for its fiscal third quarter that smashed expectations, sending the tech giant’s U.S.-listed shares 6% higher.

Here’s how Alibaba did in the quarter, which ended Dec. 31, 2022,…


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