Alibaba Group Holding Limited (NYSE:BABA) stock traded lower after reporting Q3 FY23 earnings, missing consensus estimates with a 5% Y/Y revenue growth to $36.67 billion and adjusted earnings per ADS of $2.67. Despite segment growth in areas like International Digital Commerce and Cloud Intelligence, overall results fell short of expectations. Additionally, Alibaba announced an upsized share buyback program to $25 billion through March 2027.