U.S. Stock Night Market Movements
Alibaba rose 3.71% in the night market. Based on recent key news:
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On May 1, Alibaba Cloud announced an increase in domain product prices due to rising upstream registry costs, leading to an improved market expectation of Alibaba's profitability and driving up the stock price. Source: Zhitong Finance
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On May 3, a report from Fliggy showed that hotel night stays during the &#34;May Day&#34; holiday reached a record high, with significant contributions from 88VIP users, reflecting strong demand in the travel market and further supporting Alibaba's stock price increase. Source: Wall Street Insight
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On May 2, analyst ratings indicated that Alibaba maintained a moderate buy rating but was not included in the top recommended stocks list, with the market holding a cautious attitude towards its future performance. Source: MarketBeat Strong demand in the travel market drives stock price increase.
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Stocks with High Trading Volume in the Industry
Amazon rose 0.11% in the night market. Based on recent news:
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On May 1, Amazon AWS reported a year-on-year revenue growth of 28% in the first quarter, reaching $37.6 billion, marking the fastest growth rate in over three years. The growth was driven by AWS's own workloads and partnerships with OpenAI, Anthropic, and others in the Bedrock collaboration, pushing up the stock price.
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On May 2, individual developments in the Wall Street stock market saw the S&amp;P 500 and Nasdaq indices continue to reach new highs. Tech stocks supported the market, with Amazon's stock price rising by about 1%.
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On May 3, a report from Bank of America Global Research indicated that AI investments could drive global hyperscale capital expenditures to reach $1 trillion by 2027. The rapid growth of Amazon AWS and strategic partnerships are major driving forces. Tech stocks support the market, and the AI investment boom continues.
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eBay rose 12.78% in the night market. Based on recent key news:
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On May 2, GameStop announced plans to acquire eBay for $56 billion, which drove eBay's stock price up over 12%. GameStop CEO Ryan Cohen stated that they plan to offer $125 per share in cash and stock for eBay, a premium of about 20% over its Friday closing price.
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On May 1, Morgan Stanley raised eBay's target price from $117 to $121, reflecting the market's optimistic expectations for eBay's future growth.
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On May 2, eBay released its first-quarter financial report, with revenue increasing by 19% year-on-year to $3.1 billion, and provided a second-quarter revenue guidance above expectations, boosting market confidence. The trend of consolidation in the e-commerce industry is evident, with increased market volatility.
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Pinduoduo rose 1.91% in the night market. Based on recent news:
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On May 4, Pinduoduo announced a comprehensive upgrade of its review system, utilizing AI and big data technology to verify licenses and strengthen internal compliance system construction. This initiative aims to reduce the possibility of &#34;ghost stores&#34; operating on the platform, enhance safety and compliance, and boost market confidence, driving up the stock price
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On May 3rd, Pinduoduo announced its latest financial report, showing that its quarterly revenue and user growth exceeded expectations. The financial report data indicated that Pinduoduo's quarterly revenue increased by 25% year-on-year, and the number of users grew by 15%, demonstrating the company's strong growth momentum in market competition, further driving up its stock price.
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On May 2nd, Pinduoduo reached strategic cooperation agreements with several well-known brands to expand its product supply chain. These collaborations will help enhance the quality and diversity of products on the platform, attract more consumers, strengthen market competitiveness, and drive up stock prices. The overall performance of the e-commerce industry is strong, with macroeconomic data supporting consumption growth
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Alibaba rose 3.71% in the after-hours market; Amazon rose 0.11% in the after-hours market, with a transaction volume of USD 19.73 million; eBay rose 12.78% in the after-hours market, with a transaction volume of USD 7.44 million; Pinduoduo rose 1.91% in the after-hours market, with a transaction volume of USD 4.04 million

- Alibaba's stock rose by 3.71% in after-hours trading following key news, including a price increase for its cloud domain products and strong demand for travel reflected by a report from Feizhu.  
- Amazon experienced a 0.11% increase as its AWS revenue grew by 28% year-on-year, bolstered by partnerships with AI firms, amid a bullish tech market.  
- eBay surged by 12.78% due to a potential acquisition by GameStop and strong quarterly earnings, while Pinduoduo's stock rose 1.91% after announcing improvements to its compliance systems and reporting impressive user growth.

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U.S. stock night trading volatility: Alibaba rose 3.71% in night trading, driven by dual benefits of cloud service price increases and tourism demand boosting stock prices