Today: 30 April 2026
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HKG:9901.HK 6 January 2026

Hang Seng jumps 1.4% as Hong Kong stock market tracks Wall Street rally, eyes US jobs report

Hang Seng jumps 1.4% as Hong Kong stock market tracks Wall Street rally, eyes US jobs report

The Hang Seng Index closed up 1.38% at 26,710.45 on Tuesday, led by gains in financial and property stocks. China Hongqiao rose 6.14% and Ping An climbed 5.79%. Tencent repurchased over 1 million shares for HK$635.6 million. Investors are awaiting Friday’s U.S. jobs report for signals on Federal Reserve rate policy.

Stock Market Today

  • Alphabet Shares Soar to All-Time High with Strong Q1 Earnings, Market Cap Doubles to $4.4 Trillion
    April 30, 2026, 10:36 AM EDT. Alphabet Inc., Google's parent company, reported an 81% surge in Q1 earnings to $62.6 billion and revenues up 22% to $109.9 billion, surpassing estimates. The stock jumped over 6% in after-hours trading, pushing its market capitalization to a record $4.4 trillion, more than double its value from a year ago. Growth was driven by Google's digital ads and a booming Cloud division, which saw a 63% revenue rise. CEO Sundar Pichai emphasized the payoff from large investments in artificial intelligence (AI), with spending on AI data centers and tech projects planned to reach up to $185 billion this year. In contrast, other AI investors like Microsoft and Meta faced stock declines despite strong quarters, illustrating Alphabet's leadership in the AI expansion.

Latest article

Nvidia Isn’t Over. But Marvell Is the Quiet AI Chip Name Analysts Can’t Ignore

Nvidia Isn’t Over. But Marvell Is the Quiet AI Chip Name Analysts Can’t Ignore

30 April 2026
Marvell Technology shares rose about 3% Thursday after Big Tech firms signaled AI spending would exceed $700 billion this year. Nvidia slipped 1.6% but announced a $2 billion investment in Marvell and a partnership on AI infrastructure. Marvell reported record fiscal 2026 revenue of $8.2 billion, while Nvidia posted $215.9 billion for the year. Google is in talks with Marvell to develop two new AI chips.
Is the AI Stock Rally Over? 3 Warning Signs Investors Should Watch This Week

Is the AI Stock Rally Over? 3 Warning Signs Investors Should Watch This Week

30 April 2026
Meta Platforms shares fell nearly 10% and Microsoft dropped over 3% Thursday as investors reacted to rising AI costs and capital spending, despite strong earnings. Alphabet gained almost 6% after Google Cloud posted its best growth quarter. Nvidia and other chip stocks also traded lower. Meta raised its 2026 capex forecast and is considering a major bond sale to fund AI infrastructure.
Plug Power Stock Slides After Big Rally as May 11 Earnings Test Cash-Burn Plan

Plug Power Stock Slides After Big Rally as May 11 Earnings Test Cash-Burn Plan

30 April 2026
Plug Power shares fell 7% to $3.17 Thursday morning, erasing part of Wednesday’s 12.5% surge. The drop comes ahead of first-quarter results due May 11, as investors weigh a Clear Street price-target hike against ongoing cash burn. Plug was recently chosen to supply a 275-megawatt electrolyzer system for a Canadian project.
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