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The Latest Breaking News from PDD

Temu-Owner PDD Holdings Easily Beats Q4 Estimates As Revenue Doubles

PDD stock jumped early Wednesday before easing back after Temu parent PDD Holdings reported strong Q4 earnings.

Investors Business Daily

Baidu Advances With These Two China Stocks Leading Nasdaq 100 As Hang Seng Index Hits Three-Month Highs

U.S. listed China stocks rallied fueled by the Hang Seng Index hitting its highest level in three months.

Investors Business Daily

PDD Stock Rises As One Analyst Upgrades Temu Parent To Buy, Another Downgrades View

PDD stock got a boost following an upgrade from Jefferies. But Goldman Sachs downgraded PDD the same day. Here's why.

Investors Business Daily

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Temu Super Bowl Commercials Build On Ad Barrage. PDD Stock Is Up.

Temu returned to the Super Bowl with multiple ads pitching its e-commerce platform as a way to "shop like a billionaire."

Investors Business Daily

PDD Stock Slides As Analyst Says Temu's U.S. Momentum Is 'Cresting'

PDD stock slid after analysts at Morgan Stanley said the rapid adoption of the Temu shopping app could be "cresting" in the U.S.

Investors Business Daily

Temu App Stock Rallies As Downloads Smash Amazon's

PDD stock is getting a boost on news that China may offer a stimulus package to help its stock market. The Temu app stock is setting up .

Investors Business Daily

Dow Jones Futures Fall After Tesla Breaks Out, Apple Watch Scores Big Win

The market rally rose slightly Wednesday with Tesla clearing an entry and AAPL rebounding on an Apple Watch victory. Spotify is among leading stocks finding key support.

Investors Business Daily

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Alibaba is replacing its e-commerce head after just nine months in the job as it tries to beat back Pinduoduo- and Temu-owner PDD

Eddie Wu, Alibaba Group CEO, is now taking direct control over the tech giant's e-commerce division.

Fortune

China's Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters

China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo

The Independent UK

Can’t see elders dying due to poor electricity, say relatives of Kashmir’s COPD patients

Hundreds of Chronic Obstructive Pulmonary Disease patients, dependent on long-term oxygen therapy during winters, are gasping for oxygen in Kashmir due to prolonged and unprecedented electricity cuts

The Hindu

I’ve Got 5 Stocks and 5 DTEs: Which Call Should I Buy?

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.

Barchart

JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma

"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.

Fortune

Gamified shopping and £1 deals: the unstoppable rise of 'Chinese Amazon' Temu

The Shanghai-based e-commerce platform racked up 15.2 million monthly active UK users in October and its founder is the 25th richest man in the world. But can it really kill off Amazon for good? Simon Hunt reports

Evening Standard

Dow Jones Hits 2023 High, Nasdaq Slips; Tesla Cybertruck, Salesforce In Focus: Weekly Review

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

Investors Business Daily

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Investors Business Daily

Why Chinese E-Commerce Giant Temu's Challenge To Amazon Is Boosting Meta

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

Kiplinger

Stock Market Today: Stocks Struggle for Direction After Mixed Fed Messages

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

Investors Business Daily

PDD Stock Jumps As Temu Parent Company's Sales Soar Past Expectations

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

Investors Business Daily

Dow Jones Reverses After Key Housing Data; Micron Slides On Guidance

The Dow Jones reversed Tuesday morning after key housing data. Micron stock slid on updated guidance, while Boeing jumped on an upgrade.

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StockNews.com

How to Profit Using The Probabilistic POWR Pairs Process

An example of grabbing gains from comparative performance with a lower risk China pairs trade on BIDU/PDD.

The Hindu

State government grapples in vain with electricity crisis in J&K

J&K faces worst-ever power crisis, leading to 12-16 hr outages daily. L-G Sinha reviews situation & directs PDD to ensure quality power. KPDCL cracks down on consumers, disconnects 1048 connections & imposes Rs. 7.95 lakh penalty.

The Guardian - US

Please Don’t Destroy: The Treasure of Foggy Mountain review – please don’t watch

The Saturday Night Live trio’s first feature comedy is a mediocre, misfiring sketch that’s 90 minutes too long

Investors Business Daily

China's 'Double 11,' Black Friday's Big Brother, Is Set To Slow

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

Investors Business Daily

Temu App Owner Forming Base As User Growth Explodes

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

Barchart

Stocks Post Modest Gains on Hopes for a Fed Pause

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.14%. Stocks on Friday closed slightly higher. Friday’s strength in...

Barchart

Stocks Push Higher on Strength in Energy Stocks and Lower Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.40%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.49%. Stock indexes this morning are moderately higher. Today's strength...

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