Chinese e-commerce giant Alibaba exceeded profit expectations in the September quarter with a 58% increase in net income to 43.9 billion yuan, driven by equity investments. However, sales fell short at 236.5 billion yuan, 5% higher year-on-year but below analyst forecasts. Despite this, Alibaba’s New York-listed shares have risen almost 17% this year, with a 3% increase in premarket trading following the release of quarterly earnings.
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Eruption at Hawaii’s Kilauea volcano sends lava shooting 1,000 feet in air
Hawaii's Kilauea volcano is erupting spectacularly, with lava fountains reaching 1,000 feet as part of "Episode 26" at Halemaʻumaʻu crater, according to the USGS. The eruption began on June 20, 2025, and is confined to the crater area, prompting a code orange volcano watch due to potential hazards including volcanic gas emissions and ground instability. Need More Context? 🔎
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