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Alibaba misses estimates but beats EPS on tough headwinds

Alibaba's cloud business revenue rose 20% year over year for its first fiscal quarter, but dropped 66% sequentially.

An Oracle/WalMart deal and a court injunction keep TikTok and WeChat alive for US users

A combination of a last-minute deal and a court injunction mean that bans on downloads and updates for Chinese-owned TikTok and WeChat have been averted, and the applications are still available to users in the U.S. -- at least for now. On Sunday, President Donald...