At the US stock market opening, the Dow Jones Industrial Average fell 0.9%, the S&P 500 fell 1.2%, and the Nasdaq fell 1.7%. NIO (NIO.N) fell 3% after its earnings report. Star tech stocks fell across the board, with Nvidia (NVDA.O) down 2.6%, TSMC (TSM.N) down 2%, and Tesla (TSLA.O) down 1.9%. PepsiCo (PEP.O) rose 5%, and Elliott is considering taking action to boost its stock price.

2025-09-02 21:32:30

TSMC Nvidia Tesla Nio

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Weekly Highlights

                                    Jefferies: Raised Alibaba (BABA.N) price target from $150.00 to $165.00.
                            2025-09-01

                                    The statement showed that Alibaba and Bosch announced the deepening of their strategic partnership.
                            2025-09-02

                                    NIO (NIO.N) had revenue of 19.01 billion yuan in Q2 2025, compared with 17.45 billion yuan in the same period last year.
                            2025-09-02

                                    Alibaba (BABA.N) fell 1.5% in pre-market trading in the US.
                            2025-08-29

                                    Alibaba (BABA.N) executives stated: "We will invest massively to seize opportunities in artificial intelligence and daily life service consumption." In the past quarter, the company's capital expenditure on artificial intelligence and cloud infrastructure reached 38.6 billion yuan.
                            2025-08-29