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The number of initial jobless claims in the United States for the week ending August 15 and the Philadelphia Fed Manufacturing Index for August will be released in ten minutes.

2026-08-20

The number of initial jobless claims in the United States for the week ending August 15 and the Philadelphia Fed Manufacturing Index for August will be released in ten minutes.

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2026-08-20

S&P 500 futures extend losses to an intraday low of 0.5%.

S&P 500 futures extend losses to an intraday low of 0.5%.
2026-08-20

Alibaba Group reported quarter ended June 30, 2026: group revenue rose 9% YoY. Management said Alibaba Cloud's external commercialization revenue growth accelerated to 45% YoY and AI-related product revenue posted triple-digit YoY gains for a 12th co

Alibaba Group reported quarter ended June 30, 2026: group revenue rose 9% YoY. Management said Alibaba Cloud's external commercialization revenue growth accelerated to 45% YoY and AI-related product revenue posted triple-digit YoY gains for a 12th consecutive quarter. The company launched AI productivity platform Qianwen Office. Cloud revenue continues to accelerate; a higher-quality revenue mix and operating leverage lifted group EBITA margin to 12%. Instant retail kept market share while improving efficiency and e‑commerce profits remained steady. Management reiterated disciplined, ongoing investment in full‑stack AI as AI commercialization scales, which it said will increase strategic and financial flexibility.
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