$PDD Holdings (PDD.US)$ saw bulls pour millions of dollars into call options after billionaire David Tepper's Appaloosa Management boosted its stake in the parent company of online retailer Temu.
Appaloosa added 3.36 million PDD American depositary receipts to its portfolio, taking its stake in the company to 456.7 million ADRs as of Sept. 30, according to Bloomberg data from the investment firm's 13F filing with ...

In the end, a week that starts with an all-time high for the S&P 500, Dow Jones, and Nasdaq 100, ended with equities lower.
At 4:02 p.m. ET, the three indices closed lower. The $Dow Jones Industrial Average (.DJI.US)$ was off 0.70%, losing 300 points. The $S&P 500 Index (.SPX.US)$ was down 1.32% and the $Nasdaq Composite Index (.IXIC.US)$ was off 2.24%.
MACRO
In macro, core retail sales grew by 0.1% month over month, lower than estimated. ...

$NVIDIA (NVDA.US)$ is set to announce its Q3 2024 earnings on November 20 after market close. Investors will look at the company’s full-year forecast alongside positive sentiments surrounding the next-generation Blackwell chips.
Consensus Estimates
● The analyst consensus has Nvidia reporting revenue of $33.03 billion, up 82% year-over-year. The world's most valuable company’s stock has nearly tripled in 2024 driven by demand for the company’...

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