However, Alibaba's valuations are likely being compressed by the murky outlook for its domestic e-commerce marketplaces, the impact of tariffs and trade wars on consumer and enterprise spending in China, and tighter export curbs on its overseas chips. But its stock could quickly command a much higher valuation if any of those headwinds dissipate.

The Chinese e-commerce company reported a quarterly net income of $1.8 billion, as revenue rose 16% from a year ago to $41.5 billion.

The “dream scenario” for tech investors helped send the S&P 500 to its highest level since early March.

Boeing’ stock rallies toward a 14-month high as trade deal with China fuels hope of new orders and deliveries announcements.

Chinese battery maker CATL is set to price its shares at HK$263 ($33.70) each and increase the size of the company's Hong Kong listing, according to two sources with direct knowledge of the matter, raising about $4.

Meta logo is seen at their stall during the World Audio ... More Visual & Entertainment Summit (WAVES) event in Mumbai. (Photo by Ashish V

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

Asian shares are mostly higher as a cautious sense of relief spreads through regional markets after the U.S. and China agreed to a 90-day pause in their trade war to allow for negotiations.