U.S. stock night market fluctuations: Alibaba fell 3.59% in night trading: earnings missed expectations + U.S. Treasury rebound, heavy asset investments dragged down stock price
Price Alert·
- During US after-hours trading, Alibaba shares dropped 3.59% due to weaker-than-expected earnings, a 75% surge in capital expenditures, and rising US Treasury yields.
- Amazon shares rose 0.31% driven by the expansion of Prime Air and strong AWS revenue growth, which reached 422.3 billion USD with a 36.7% year-on-year increase.
- JD.com fell 0.44% amid market concerns over EU regulatory scrutiny regarding its acquisition of Ceconomy, despite announcing a major robot strategy investment.