Alibaba saw its shares fall 1.4% after reporting a revenue miss.
It has been rumored that this is in part to China’s regulatory crackdown in recent months, with restrictions over mergers and acquisitions activity.
BP beat second-quarter earnings expectations while expanding its dividend and share buyback program.
It also increased its dividend by 4% to 5.46 cents per share, having halved it to 5.25 cents per share in the second quarter of 2020.
Timestamps:
- BABA 02:10
- BP 03:40
