U.S. Stock Night Market Movements
Alibaba fell 4.46% in the night market. Based on recent key news:
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On May 13, Alibaba announced its fourth-quarter financial report, with adjusted net profit plummeting 99%, far below market expectations, leading to a decline in stock price. The report showed a net profit of only 86 million yuan, while the market estimate was 14.3 billion yuan, putting pressure on the stock price.
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On May 13, Alibaba's ADR fell in pre-market trading in the U.S., then rose nearly 4%, reflecting the market's complex reaction to its financial report. Despite the significant drop in net profit, revenue growth and the better-than-expected performance of its AI business provided some support for the stock price.
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On May 14, Alibaba's Hong Kong stock opened more than 7% higher but failed to drive the Hang Seng Tech Index up. Although the financial report showed strong performance in AI and cloud business, the Hang Seng Tech Index was affected by poor performance from other constituent stocks, erasing the gains. The transformation of the AI business is significant, and the market is focused on its long-term potential.
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Stocks with High Trading Volume in the Industry
Amazon fell 1.10% in the night market. Based on recent key news:
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On May 12, Amazon issued Swiss franc bonds to raise $3.6 billion, with the fundraising scale adjusted upward, demonstrating the company's strong financing capability in the capital market. (Bloomberg)
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On May 14, Amazon's layoffs affected its seller partner services department, potentially leading to decreased operational efficiency, raising market concerns. (Business Insider)
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On May 13, Anthropic, supported by Amazon, sought a new round of financing, with a valuation exceeding $900 billion, indicating the company's strategic layout in the AI field. (IT Home) AI investment pressure is increasing, with high capital expenditures.
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Pinduoduo fell 1.21% in the night market. Based on recent key news:
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On May 14, competition in the supply chain between Pinduoduo and Temu intensified, with Temu counter-suing Shein, accusing it of suppressing competitors, affecting market confidence. This incident raised concerns about Pinduoduo's supply chain stability, leading to stock price fluctuations.
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On May 13, Pinduoduo launched a new &#34;Pinmu&#34; plan aimed at improving product quality and responding to tariff changes in overseas markets. This move is seen as a strategic adjustment for Pinduoduo in the international market, affecting investor expectations.
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On May 12, NetEase significantly increased its stake in Pinduoduo, with the number of shares held increasing by 149.4%. This move reflects market confidence in Pinduoduo's future growth potential; however, the stock price is still influenced by other factors. Cross-border e-commerce policy adjustments affect market expectations.
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JD.com fell 0.94% in the night market. Based on recent key news:
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On May 12, JD.com announced its first-quarter financial report, with net profit down 53.1% year-on-year, but non-GAAP net profit exceeded market expectations, leading to a 2.2% increase in stock price in pre-market trading. The report showed JD.com performed well in revenue growth and profitability, driving the stock price up
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On May 13th, JD.com's stock price rose by 3.14%, closing at $31.49. Technical indicators show an increase in buying power, with clear signs of capital inflow. The Chinese concept e-commerce sector has attracted market attention, with JD.com's supply chain and logistics capabilities being re-evaluated, driving the stock price up.
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On May 13th, Benchmark raised JD.com's target price to $42, reflecting the market's recognition of JD.com's profitability. Analysts believe that the improvement in JD.com's profit structure supports the rise in stock price. The volatility of Chinese concept stocks is higher than the broader market, which requires attention
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Alibaba FY2026 Q4: Revenue of 243.38 billion RMB fell short of expectations, yet net profit doubled year-over-year to 25.476 billion RMB; AI-related products saw triple-digit revenue growth, and AI chips achieved large-scale commercial deployment. Does this earnings report represent a turnaround—or a stumble?

Alibaba FY2026 Q4: Revenue of 243.38 billion RMB fell short of expectations, yet net profit doubled year-over-year to 25.476 billion RMB; AI-related products saw triple-digit revenue growth, and AI chips achieved large-scale commercial deployment. Does this earnings report represent a turnaround—or a stumble?

Revenue Misses Expectations: Can Alibaba Turn the Tide with AI?

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Alibaba fell 4.46% in after-hours trading; Amazon fell 1.10% in after-hours trading, with a transaction volume of USD 28.92 million; Pinduoduo fell 1.21% in after-hours trading, with a transaction volume of USD 7.38 million; JD.com fell 0.94% in after-hours trading, with a transaction volume of USD 2.49 million

- Alibaba's stock fell by 4.46% after reporting a 99% drop in adjusted net profit for Q4, significantly below market expectations.  
- Amazon's shares dropped by 1.10% due to concerns over layoffs affecting operational efficiency, despite a successful bond issuance for $3.6 billion.  
- JD.com saw a decline of 0.94%, though its non-GAAP earnings exceeded expectations, leading to discussions on its improved profitability and an increased target price from Benchmark.

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U.S. stock night trading volatility: Alibaba fell 4.46% in after-hours trading, with net profit plummeting 99% in its financial report, triggering a complex market reaction