The Latest Breaking News from PDD Holdings

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.76%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.06%. Stocks on Wednesday extended Tuesday’s losses and closed...

Wednesday’s unusual options activity had multiple stocks with two or more calls expiring on the same day. Five stocks caught my interest. Only one of the calls is worth buying.

"We need to change, or there’s no way out for our company," JDD founder Richard Liu wrote in a post on the company's internal forum.

The Dow Jones pushed higher, but the Nasdaq slipped despite strong software earnings and a Fed shift toward rate cuts. Tesla Cybertruck deliveries began.

Temu's big spending on Facebook and Instagram ads has captured the attention of Meta stock analysts on Wall Street.

E-commerce platform PDD Holdings jumped after earnings, while rival Shein reportedly filed confidential IPO paperwork.

PDD stock jumped early Tuesday after Temu parent PDD Holdings reported 3Q earnings and sales that easily topped consensus.

China's Singles Day is much larger than Black Friday, but the shopping event is expected to slow this year as China retailers struggle.

Huang rose seven places on Hurun's annual list of China's wealthiest people, thanks to surging business at both Pinduoduo and Temu.

Temu app parent company PDD Holdings' stock is forming a new base on its chart. The app is being rolled out across the globe.

PDD Holdings ADR saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 90 to 96.