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China Tourism Group Duty Free Corporation reported Q3 2026 net profit of 564 million yuan, up 24.64% YoY.

2026-10-30

China Tourism Group Duty Free Corporation reported Q3 2026 net profit of 564 million yuan, up 24.64% YoY.

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2026-10-29

US Treasury auction for the four weeks ending October 29 - winning yield 3.91%, previous value 3.945%.

US Treasury auction for the four weeks ending October 29 - winning yield 3.91%, previous value 3.945%.
2026-10-30

Amazon's earnings report released early this morning added fuel to the fire of the recent continuous decline in tech stocks. Four US cloud providers have now released their earnings reports: 1. Microsoft's core AI business, Azure, saw revenue growth

Amazon's earnings report released early this morning added fuel to the fire of the recent continuous decline in tech stocks. Four US cloud providers have now released their earnings reports: 1. Microsoft's core AI business, Azure, saw revenue growth of 48% year-over-year, with free cash flow significantly exceeding expectations, leading to a brief rise in its stock price after the report's release; 2. Google Cloud's revenue grew by 103%, but search advertising revenue impacted by AI fell short of expectations, and free cash flow turned negative, causing its stock price to plummet 12% in after-hours trading; 3. Amazon AWS grew by 39.3%, but faced selling pressure due to capital expenditures and cash flow constraints; 4. Meta's revenue exceeded expectations, and although free cash flow turned negative, this was mainly due to a one-time legal fee of $9.9 billion, resulting in a post-earnings rise. However, the subsequent announcement of equity financing plans shook market confidence. In general, while the performance of these four major US giants was not at its best, cloud revenues all increased, avoiding the worst-case scenario. However, market sentiment is shifting. For investors, cloud business growth remains fundamental, but free cash flow, the pace of capital expenditure realization, and future profit guidance are becoming crucial variables determining the performance of AI giants' earnings reports.
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