U.S. Stock Night Market Movements

Amazon rose 9.20% in the night market. Based on recent key news:

1. On July 31, Amazon released its second-quarter financial report, with revenue and cloud business growth exceeding market expectations. Earnings per share were $5.75, total revenue was $200.61 billion, and cloud business revenue was $42.2 billion, all significantly higher than market expectations, leading to a post-market surge of over 9%.

2. On July 31, Amazon's CEO stated in a conference call that the capital expenditure plan for 2026 remains unchanged at approximately $200 billion, with AWS order backlog reaching $496 billion, expanding the post-market increase to 10%.

3. On July 31, Amazon's second-quarter net income was $200.606 billion, a year-on-year increase of 19.6%, with earnings per share of $5.75, both surpassing market expectations. The annualized revenue from AWS artificial intelligence and chip businesses exceeded $25 billion, with post-market stock price rising nearly 10%. The technology sector performed strongly overall, with continued growth in artificial intelligence investments.

Stocks with High Trading Volume in the Industry

Alibaba rose 1.71% in the night market. Based on recent key news:

1. On July 28, Alibaba released the Qwen 3.8-Max-Preview AI model, improving inference efficiency and deployment costs, driving the stock price up. Haitong International believes this model demonstrates Alibaba's strength in the AI field and has raised its profit margin forecast for the cloud business.

2. On July 27, Changxin Technology's stock surged on its first day of listing on the STAR Market, with Alibaba as a shareholder gaining substantial paper profits, further boosting market confidence.

3. On July 28, the Hang Seng Index rebounded, and Alibaba's stock price consolidated around 110 yuan, with market expectations that it may test the 120 yuan mark. Technology stocks corrected, and funds shifted towards defensive sectors.

Pinduoduo rose 0.23% in the night market. Based on recent news:

1. On July 28, the Fortune Global 500 list was released, with Pinduoduo rising 11 places to 255th, demonstrating its increased competitiveness in the global market, driving the stock price up.

2. On July 28, Pinduoduo entered the Malaysian market, causing a stir in the retail industry. On the surface, it was a price shock, but in essence, it reflected the evolution of the global e-commerce landscape, enhancing market confidence in its international expansion.

3. On July 30, Pinduoduo launched a "free delivery to villages" service in Panzhihua, reducing logistics costs and increasing the market acceptance of agricultural products, further consolidating its position in the rural market. The global expansion of the e-commerce industry is accelerating, intensifying competition.

Coupang rose 0.87% in the night market. Based on recent key news:

1. On July 28, Coupang was included in the Fortune Global 500 list for the first time, showcasing its global business expansion and revenue growth. This move boosted market confidence in its future growth potential, driving the stock price up

2. On July 28, the company focused on expanding its automated fulfillment and logistics network to enhance global delivery speed and product selection. This strategy is seen as a key factor in improving operational efficiency and market competitiveness, further supporting the rise in stock prices.

3. On July 28, Coupang rose ten places to rank 132nd on the Fortune 500 list in the United States, reflecting its rapid growth and increased influence in the U.S. market, further boosting investor confidence. The trend of global expansion in the technology industry is evident