Breaking News: PDD – Market Insights, Analysis & Latest Updates

Wall St closes higher on strong US economic data

The S&P 500 hit a record high, boosted by Micron Technology and positive economic data, while energy stocks declined amid rising supply expectations from OPEC.

investing.com • 26/09/2024 - 09:59 AM

PDD

Temu growth is slowing down in the US: BofA

Temu's U.S. sales growth is slowing, with analysts attributing this to market saturation and increased competition, potentially impacting online advertising revenues from companies like Meta.

investing.com • 09/09/2024 - 12:53 PM

How does PDD stack up against other big China e-ecommerce firms?

Shares of Chinese e-commerce giants plummeted over margin pressures as Pinduoduo's discounts spark concerns about sustainability amid rising competition and weak consumer confidence.

investing.com • 30/08/2024 - 08:18 AM

PDD

Hedge funds may lose billions from Temu owner PDD's stock crash

PDD Holdings faced a significant share price drop after disappointing guidance, costing hedge funds billions and diminishing sentiment toward Chinese equities.

investing.com • 30/08/2024 - 02:47 AM

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PDD

Loop Capital says Alibaba investors shouldn't be concerned by PDD blow-up

Loop Capital reassures Alibaba investors, emphasizing a positive outlook despite PDD's downturn, maintaining a Buy rating with a $115 target, and highlighting Alibaba's strategic strengths.

investing.com • 29/08/2024 - 13:32 PM

Pinduoduo earnings likely to take hit from spending plans as competition heats up

Pinduoduo faces increased competition and downgrades from analysts despite strong growth, prompting a shift towards investment in high-quality merchants while risking profitability.

investing.com • 27/08/2024 - 19:04 PM

What to do with Temu owner PDD stock after Monday crash

PDD Holdings missed revenue expectations, leading to an over 28% stock drop. Analysts have mixed views on future performance amid intense competition and economic challenges.

investing.com • 27/08/2024 - 11:43 AM

Apple CFO, Paramount, Chinese industrial profits - what's moving markets

Wall Street focuses on Apple's management changes, Nvidia's earnings, and Paramount's acquisition amid signs of recovery in China's economy and fluctuations in crude oil prices.

investing.com • 27/08/2024 - 07:43 AM

PDD

Earnings call: PDD Holdings reported a significant surge in its 2Q revenues

PDD Holdings Inc. reports strong Q2 2024 revenues but anticipates challenges, focusing on long-term investments and high-quality development amid competitive pressures and changing consumer demands.

investing.com • 26/08/2024 - 19:43 PM

Midday movers: PDD Holdings, NVIDIA fall; Xpeng gains

U.S. stock futures mix as Dow rises while Nasdaq and S&P 500 decline; stock movements include Daqo, Guardant, PDD, SolarEdge, Xpeng, NVIDIA, and CAVA.

investing.com • 26/08/2024 - 12:22 PM

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