--- title: "U.S. stock night market fluctuations: Nebius rose 4.29% in after-hours trading, boosted by large orders from Meta, where are the concerns about high valuations?" type: "News" locale: "en" url: "https://longbridge.com/en/news/294284874.md" description: "Nebius rose 4.29% in after-hours trading; Microsoft rose 7.24% in after-hours trading, with a transaction volume of USD 607.7 million; Oracle rose 1.24% in after-hours trading, with a transaction volume of USD 58.3 million; Now Services fell 0.44% in after-hours trading, with a transaction volume of USD 31.7 million" datetime: "2026-07-30T01:32:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294284874.md) - [en](https://longbridge.com/en/news/294284874.md) - [zh-HK](https://longbridge.com/zh-HK/news/294284874.md) --- # U.S. stock night market fluctuations: Nebius rose 4.29% in after-hours trading, boosted by large orders from Meta, where are the concerns about high valuations? **U.S. Stock Night Market Movements** Nebius rose 4.29% in the night market. Based on recent key news: 1. On July 29, Nebius announced it will release its second-quarter financial report on August 12, with market expectations for revenue growth but potential losses. This news has attracted investor attention, leading to increased stock price volatility. Source: Nebius official website 2. On July 28, market analysis pointed out that Nebius is overvalued. Despite receiving support from Nvidia and strong demand, it needs to continue raising funds for infrastructure development, causing the stock price to decline. Source: Zhitong Finance 3. On July 27, Nebius signed a large-scale computing power procurement agreement with Meta, driving the stock price up. This agreement demonstrates the company's business expansion potential, attracting investor interest. Source: Wall Street Insight AI infrastructure demand is strong, and industry competition is intensifying. **Stocks with High Trading Volume in the Industry** Microsoft rose 7.24% in the night market. Based on recent key news: 1. On July 30, Microsoft announced its financial report, with quarterly cloud business revenue growth exceeding Wall Street expectations. Azure cloud computing revenue grew 43% year-on-year, higher than the expected 39.98%. This strong performance drove the stock price up about 4% in after-hours trading. Source: Jinshi Data 2. On July 30, Microsoft's profit for the last quarter rose 31% year-on-year to $35.8 billion, with adjusted earnings per share of $4.74, surpassing the market expectation of $4.24. This better-than-expected performance drove the stock price up nearly 9% in extended trading after the market closed. Source: Now News Channel 3. On July 30, Microsoft's Chief Financial Officer stated that the growth in cloud business revenue benefited from the early delivery of new computing power, with new computing capacity quickly monetized, further enhancing market confidence. Source: Jinshi Data The AI investment in the technology industry continues to grow, but risks need to be monitored. Oracle rose 1.24% in the night market. Based on recent key news: 1. On July 30, Oracle faced increased financial pressure due to massive AI investments, with credit risk reaching a historical high. S&P downgraded its credit rating to the lowest investment grade, and the stock price has fallen over 60% since its peak in September last year. Source: Zhitong Finance 2. On July 28, Oracle's credit default swap (CDS) spreads hit a record high, reflecting investor concerns about its default risk. Its five-year CDS rose to 215 basis points, significantly higher than 144 basis points at the beginning of the year. Source: Wall Street Insight 3. On July 28, Oracle announced it will invest $70 billion in building data centers over the next year, leading to negative free cash flow and increasing market concerns about its financial health. Source: Jinshi Data The AI investment boom has triggered a reassessment of risks in the bond market. ServiceNow fell 0.44% in the night market. Based on recent key news: 1. On July 28, the market focused on massive capital expenditures for artificial intelligence, with ServiceNow quietly building its enterprise AI business. The company provides workflow automation solutions for IT, human resources, and cybersecurity, driving the monetization of enterprise AI demand, leading to a rise in stock price 2. On July 29, ServiceNow's stock price rose by 2.42%, trading at $113.30. Investors are awaiting the Federal Reserve's interest rate decision, leading to increased market volatility. 3. On July 28, analysts maintained a consistent buy rating, with an average price target of $137.28. Recent analyst actions include upgrades from Macquarie, Bernstein, and JP Morgan, driving the stock price up. The market is focused on AI capital expenditures, with significant industry volatility ### Related Stocks - [NBIS.US](https://longbridge.com/en/quote/NBIS.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [ORCL.US](https://longbridge.com/en/quote/ORCL.US.md) - [NOW.US](https://longbridge.com/en/quote/NOW.US.md) ## Related News & Research - [Should Nebius and CoreWeave Investors Be Worried About Meta's Latest AI Infrastructure Plans?](https://longbridge.com/en/news/293890992.md) - [BUZZ-Street View: Meta's AI push to weigh on free cash flow as investors seek returns](https://longbridge.com/en/news/294329489.md) - [How the 'Nostradamus of AI' failed to spot a market crash](https://longbridge.com/en/news/294580418.md) - [Meet the Gen Z AI whiz at the center of a hedge fund meltdown](https://longbridge.com/en/news/294425537.md) - [Meta Platforms Q2 Preview: Key Items to Watch to Turn Stock Around After Earnings](https://longbridge.com/en/news/294099452.md)