--- title: "U.S. stock night trading volatility: Alibaba rises 4.22% in after-hours trading, driven by AI new models and cooperation with Europe" type: "News" locale: "en" url: "https://longbridge.com/en/news/288352533.md" description: "Alibaba rose 4.22% in the after-hours market; Amazon fell 0.79% in the after-hours market, with a transaction volume of USD 6.67 million; Pinduoduo rose 0.30% in the after-hours market, with a transaction volume of USD 1.39 million; JD.com rose 1.96% in the after-hours market, with a transaction volume of USD 444,000" datetime: "2026-06-02T02:17:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288352533.md) - [en](https://longbridge.com/en/news/288352533.md) - [zh-HK](https://longbridge.com/zh-HK/news/288352533.md) --- # U.S. stock night trading volatility: Alibaba rises 4.22% in after-hours trading, driven by AI new models and cooperation with Europe **U.S. Stock Market Night Trading Movements** Alibaba rose 4.22% in night trading. Based on recent key news: 1. On June 1, Alibaba announced a multi-year partnership with the European Football Association, becoming the official exclusive AI, cloud computing services, and e-commerce partner for several UEFA events. This partnership will enhance Alibaba's brand influence in the global market and drive up its stock price. 2. On June 1, Alibaba's Taobao Hong Kong announced the entry of Tmall Supermarket into the Hong Kong market, offering "Next Day Delivery" services. This move demonstrates Alibaba's expansion strategy in international markets, boosting investor confidence and driving up its stock price. 3. On June 2, Alibaba released the Qwen3.7-Plus multimodal model, enhancing the capabilities of visual and language agents. This technological advancement showcases Alibaba's innovation in the AI field, further uplifting market expectations for its future development. Tech stocks generally rose, and market sentiment was optimistic. **Stocks with High Trading Volume in the Industry** Amazon fell 0.79% in night trading. Based on recent key news: 1. On June 1, the European Union plans to establish strict entry standards for cloud computing services, which may exclude Amazon. This proposal could impact Amazon's market share in Europe, putting pressure on its stock price. (Reuters) 2. On June 1, Amazon's quarterly revenue surged to $125 billion, a 44% year-on-year increase. This growth is mainly attributed to the ongoing transformation of e-commerce, boosting market confidence in Amazon. (Source not specified) 3. On June 2, Australian regulators required Amazon to remove toys containing dangerous small magnets, which may negatively affect its sales. (Source not specified) In the AI investment boom, companies are more focused on ROI. Pinduoduo rose 0.30% in night trading. Based on recent key news: 1. On June 1, Pinduoduo announced a strategic shift towards brand development, planning to invest 100 billion yuan over the next three years. This initiative aims to enhance brand value by integrating supply chain resources, driving up its stock price. 2. On June 1, Pinduoduo's financial report showed that Non-GAAP earnings per share fell short of analyst expectations, raising concerns about its short-term profitability, but its long-term strategic layout is seen as a positive signal. 3. On June 1, investor Duan Yongping continued to increase his stake in Pinduoduo, showing confidence in its transformation into a compliant enterprise, enhancing market expectations for its future development. The e-commerce industry is entering a low-growth, high-competition phase. JD.com rose 1.96% in night trading. Based on recent key news: 1. On May 30, JD.com's 618 shopping festival kicked off, with the transaction volume of the top 100 brands growing more than five times year-on-year in the first four hours, and iPhone sales exceeding 100 million yuan within one minute, driving up its stock price. Source: JD.com official announcement 2. On May 28, JD.com deepened strategic cooperation with China National Gold Group to promote intelligent procurement and supply chain security, enhancing market confidence. Source: People's Financial News On May 31, JD Discount Supermarket expanded into the Anhui market, planning to open by the end of June, further releasing the advantages of supply chain scale. 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