Alibaba (BABA) released its Q2 2026 earnings yesterday, Nov. 25. The stock whipsawed after that report, but eventually closed lower, as it beat on the top line but missed earnings-per-share (EPS) estimates. Moreover, its adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) fell by a whopping 78% year-over-year. The company’s adjusted EBITDA saw a double-digit dip in the previous quarter, as well. Meanwhile, despite the pressure on profitability, BABA stock is up a cool 85% for t ...