Di Yi Cai Jing·2025-08-29 13:45Market Overview - The three major U.S. stock indices opened lower, with the Dow Jones down 0.14%, S&P 500 down 0.20%, and Nasdaq down 0.36% [2][3] - Nasdaq China Golden Dragon Index saw an initial increase of approximately 1.2% [1] Company Performance - Alibaba's stock rose over 7%, with a reported net profit of 431.2 billion yuan for Q1 of fiscal year 2026, marking a year-on-year increase of 76% [2] - Nvidia continued its downward trend, falling over 1% [2] - Dell Technologies experienced a pre-market drop of over 6% due to third-quarter profit forecasts that did not meet expectations [4] - Bawang Tea's stock fell nearly 4% in pre-market trading, reporting a net income of 3.332 billion yuan for Q2 2025, a year-on-year increase of 10.2%, with total GMV reaching 8.103 billion yuan, up 15.5% [4]