U.S. Stock Night Market Movements
Alibaba fell 3.17% in the night market. Based on recent key news:
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On June 9, the U.S. Department of Defense listed Alibaba among Chinese military enterprises, raising market concerns about its business in the U.S., leading to a drop in stock price. Source: Zhitong Finance
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On June 9, JP Morgan reduced its holdings in Alibaba, bringing its ownership ratio down to 6.95%, which had a certain impact on market confidence. Source: Zhitong Finance
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On June 8, the Hang Seng Index fell sharply due to a decline in technology stocks, and Alibaba, as one of the heavyweight tech stocks, was affected, resulting in a drop in its stock price. Source: Now News Channel, technology stocks under pressure, market volatility intensified.
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Stocks with High Trading Volume in the Industry
Amazon fell 0.07% in the night market. Based on recent key news:
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On June 9, Cipher Digital plans to raise funds by issuing $810 million in high-yield bonds for the construction of an AI data center project in collaboration with Amazon. This move highlights the importance of the high-yield bond market in AI infrastructure development and provides Amazon with long-term lease agreements, stabilizing cash flow expectations. Source: Zhitong Finance
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On June 9, Amazon submitted documents to the U.S. Securities and Exchange Commission to issue five tranches of Canadian dollar-denominated bonds, with a total scale of up to CAD 14 billion, setting a new record for Canadian bond issuance. This indicates Amazon's continued expansion of capital expenditures in the AI infrastructure sector. Source: Zhitong Finance
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On June 8, Fitch rated the bonds Amazon plans to issue as &#34;AA-&#34;, reflecting market confidence in Amazon's financial condition. Source: Zhitong Finance, the investment boom in AI infrastructure continues, with significant capital inflows.
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Pinduoduo fell 0.51% in the night market. Based on recent key news:
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On June 7, Pinduoduo's supply chain advantages in the AI era were emphasized. Pinduoduo maintains price competitiveness by reducing inventory, customer acquisition, and marketing costs; the arrival of AI has not shaken its business model, keeping stock prices stable.
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On June 7, Shenzhen Post launched a nighttime express delivery route using unmanned vehicles, improving Pinduoduo's return and exchange logistics efficiency. This move enhanced nighttime logistics turnover efficiency, supporting Pinduoduo's supply chain capabilities.
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On June 9, analysts rated Pinduoduo as a moderate buy but did not include it in the top recommendations. The market holds a cautious attitude towards its short-term performance, putting pressure on stock prices. The e-commerce industry is highly competitive, and supply chain efficiency is key.
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Sea rose 0.15% in the night market. Based on recent key news:
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On June 8, Shopee's local store in Singapore began charging a service fee for pre-ordered goods, with a rate of 3.27% including consumption tax. This policy may affect Shopee's sales and user experience, thereby impacting Sea's overall performance.
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On June 9, AI technology is expected to enhance Garena's operational capabilities, reduce content production costs, accelerate user-generated content, and extend the monetization cycle of popular games like Free Fire
This move will enhance Sea's comprehensive competitiveness in the fields of gaming, e-commerce, and fintech.
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On June 8th, analyst ratings showed that although Sea currently has a moderate buy rating, top analysts believe there are five stocks that are more worthy of investment than Sea, which may affect investor confidence in Sea. AI technology enhances operational capabilities, while policy changes impact sales

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Alibaba fell 3.17% in the after-hours market; Amazon fell 0.07%, with a trading volume of $2.58 million; Pinduoduo fell 0.51%, with a trading volume of $1.24 million; Sea rose 0.15%, with a trading volume of $252,700

- Alibaba's stock fell 3.17% in night trading after being listed by the U.S. Defense Department as a Chinese military enterprise, creating concerns for its U.S. operations, and following JPMorgan's reduction of its stake to 6.95%.  
- Amazon's stock dipped 0.07% as it plans to raise $810 million in high-yield bonds for AI infrastructure, alongside a record C$14 billion bond issue, reflecting its expanding capital expenditure in the sector.  
- Pinduoduo's shares dropped 0.51% amidst cautious market sentiment, despite emphasizing its supply chain advantages in the AI era, while Sea's stock rose 0.15% due to potential AI-driven operational improvements.

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U.S. stock night market volatility: Alibaba fell 3.17% in night trading! Dual negative factors of military-related list + Morgan Stanley's reduction in holdings