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Alibaba (09988.HK) reported quarterly results for the period ended June 30, 2026. AI cloud and compute services revenue was RMB 48.437 bln. Total revenue and external-customer revenue both accelerated to 45% YoY. AI-related product revenue reached RM

2026-08-20

Alibaba (09988.HK) reported quarterly results for the period ended June 30, 2026. AI cloud and compute services revenue was RMB 48.437 bln. Total revenue and external-customer revenue both accelerated to 45% YoY. AI-related product revenue reached RMB 12.376 bln, marking a twelfth consecutive quarter of triple-digit YoY growth. Company cited rising adoption of its full-stack AI capabilities — AI agents, models, AI cloud infrastructure and orchestration software for heterogeneous chip clusters, including in-house chips — as the growth driver. Omdia’s 2025 China AI cloud market-share report shows Alibaba Cloud with a 38.1% share, the largest in China.

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2026-08-19

U.S. EIA new formulation gasoline inventories for the week ending August 14 were 3,000 barrels, compared to a previous reading of -3,000 barrels.

U.S. EIA new formulation gasoline inventories for the week ending August 14 were 3,000 barrels, compared to a previous reading of -3,000 barrels.
2026-08-20

On Aug. 20 the Zaporizhzhia nuclear plant said a 330 kV "Ferrous-Alloy-1" transmission line supplying auxiliary equipment was disconnected by automatic protection after line damage, resulting in loss of external power. The unit switched to backup die

On Aug. 20 the Zaporizhzhia nuclear plant said a 330 kV "Ferrous-Alloy-1" transmission line supplying auxiliary equipment was disconnected by automatic protection after line damage, resulting in loss of external power. The unit switched to backup diesel generators per procedure. Equipment is operating normally, safety systems did not fail, and on-site and perimeter radiation readings remain at natural background and within regulatory limits. Plant personnel are continuously monitoring parameters and have implemented all measures required to maintain unit safety.
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