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Alibaba shares fall 3% as AI spending drives 75% drop in net income
Alibaba reported a 75% year-over-year decline in net income for its June quarter, triggering a 3% premarket share price drop amid investor concern over rising AI infrastructure investment costs.
Aug 20, 2026
Apple reports record June quarter revenue led by China sales growth - asia.nikkei.com
Apple reported a record revenue for its June fiscal quarter, driven primarily by increased sales in China, though the article provides no specific figures, breakdowns, or context for why China growth occurred or how it compares to prior quarters or regional performance.
Aug 1, 2026
Shares of leading Indian private-sector banks slump 5% on weak earnings in June quarter - CNBC
Shares of major Indian private-sector banks fell 5% following disappointing June quarter earnings results, signaling near-term financial stress in a key domestic sector.
Jul 21, 2026