U.S. Stock Night Market Movements
Alibaba fell 3.16% in the night market. Based on recent news,
<ol>
<li>
On February 24, Alibaba recorded a large non-automated trading transaction, with a transaction amount of 30.53 million yuan, and the stock price was 2.8% lower than the previous closing price, leading to a decline in stock price. Source: Economic Information Daily
</li>
<li>
On February 23, the Hong Kong stock market experienced overall volatility, with the Hang Seng Index repeatedly contesting around the 50-day moving average. Alibaba fell for four consecutive trading days, with the stock price contesting around the 150 yuan mark. Source: Economic Information Daily
</li>
<li>
On February 25, Alibaba accelerated its layout in the artificial intelligence program development tools market. Despite an aggressive strategy, the market remains cautious about its transformation, putting pressure on the stock price. Source: Bloomberg
</li>
</ol>
Stocks with High Trading Volume in the Industry
Amazon fell 0.51% in the night market. Based on recent news,
<ol>
<li>
On February 24, Amazon announced plans to invest $12 billion in a new data center campus in Louisiana. The market expressed concerns over its high capital expenditures, leading to a decline in stock price. Amazon expects its capital expenditures to reach $200 billion this year, surpassing other major cloud service providers. Source: Huigang Communications
</li>
<li>
On February 25, the head of Amazon's AI lab will leave amid leadership adjustments. This news raised market concerns about the company's AI strategy, further pressuring the stock price. Source: Financial Times
</li>
<li>
On February 24, Wells Fargo lowered Amazon's target stock price from $305 to $304 while maintaining an &#34;Overweight&#34; rating. Although the rating remains unchanged, the target price downgrade reflects the market's cautious attitude towards its future performance. Source: Fox News
</li>
</ol>
JD.com fell 2.94% in the night market. Based on recent key news:
<ol>
<li>
On February 25, JD.com invested over 10 million yuan in special welfare benefits during the Spring Festival to enhance employee satisfaction, but it did not significantly impact the stock price.
</li>
<li>
On February 24, JD.com launched a seasonal marketing campaign for its delivery services aimed at stimulating consumption, but the market response was tepid.
</li>
<li>
On February 23, JD.com's self-operated robot leasing business saw a month-on-month increase of over 100% in transaction volume, indicating strong market demand for robot products, but it could not offset the overall market sentiment. The consumer market faces high base effects and income growth pressures.
</li>
</ol>
Pinduoduo fell 1.45% in the night market. Based on recent key news:
<ol>
<li>
On February 24, at the Guangdong Province High-Quality Development Conference, the mayor of Zhaoqing stated that the manufacturing industry in Zhaoqing is developing in coordination with cross-border e-commerce, with leading e-commerce companies like Pinduoduo gathering locally to promote the growth of cross-border e-commerce business. This news had a positive impact on market confidence in Pinduoduo.
</li>
<li>
On February 23, Daiwa released a research report recommending a strategic buy on Pinduoduo, believing its potential in the AI field is underestimated. This rating boosted investor confidence in Pinduoduo
On February 24th, the Hang Seng Index night futures fell, putting overall pressure on the Hong Kong stock market, which affected the stock price performance of Pinduoduo. The Hong Kong stock market is under pressure, and investor sentiment is cautious
</li>
</ol>

BABA

09988

89988

KBAB

BABO

BABX

Alibaba fell 3.16% in the night session; Amazon fell 0.51% in the night session, with a transaction volume of USD 8.11 million; JD.com fell 2.94% in the night session, with a transaction volume of USD 7.31 million; Pinduoduo fell 1.45% in the night session, with a transaction volume of USD 2.94 million

- U.S. stock market saw Alibaba's shares decline by 3.16% during after-hours trading due to significant non-automated trades totaling 30.53 million yuan on February 24, leading to a 2.8% drop from the previous closing price.  
- Concurrently, Amazon's shares fell by 0.51% amid concerns over a planned $12 billion investment in new data centers and uncertainty regarding its AI strategy following leadership changes.  
- JD.com and Pinduoduo also experienced declines of 2.94% and 1.45%, respectively, with JD facing tough market sentiments despite investments in employee welfare and Pinduoduo's mixed news affecting its market confidence.

Tracking Unusual Activity

Alibaba

BABA-W

BABA-WR

KraneShares 2x Long BABA Daily ETF

YieldMax BABA Option Income Strategy ETF

BABA 2x Long Daily ETF - GraniteShares

U.S. stock night market volatility: Alibaba fell 3.16% in the night market, pressured by large transactions and market caution!