santosh kumar8
voted
Market summary 18/8/2023! What happened to the market on Friday?
The markets faced turbulence at the outset, with the Nasdaq 100 dipping by 1%. However, after consecutive sell-offs, buyers stepped in, lessening the drop to a mere 0.13%. Growth stocks, especially $ARK Innovation ETF (ARKK.US)$, have experienced sharp declines, with the latter plunging 22% in August. Individual stocks like $Tesla (TSLA.US)$ suffered as well, erasing its previous gains with a 30% drop from i...
The markets faced turbulence at the outset, with the Nasdaq 100 dipping by 1%. However, after consecutive sell-offs, buyers stepped in, lessening the drop to a mere 0.13%. Growth stocks, especially $ARK Innovation ETF (ARKK.US)$, have experienced sharp declines, with the latter plunging 22% in August. Individual stocks like $Tesla (TSLA.US)$ suffered as well, erasing its previous gains with a 30% drop from i...
![Market Summary 18th August](https://sgsnsimg.moomoo.com/101748296/editor_image/fad019e5b2b7339d97bf930feda278a7.png/thumb)
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santosh kumar8
commented on
$PDD Holdings (PDD.US)$ delivered earnings of $1.33 billion on revenue of $4.7 billion for its most recent quarter. Both figures handily beat analyst estimates.
$Baidu (BIDU.US)$ had a net income of $543 million, $1.49/share under GAAP, on revenue of $4.4 billion. The stock is now up 2.45% on the year. Shares rose on the strength of Baidu’s cloud operations in what CEO Robin Li called “a...
$Baidu (BIDU.US)$ had a net income of $543 million, $1.49/share under GAAP, on revenue of $4.4 billion. The stock is now up 2.45% on the year. Shares rose on the strength of Baidu’s cloud operations in what CEO Robin Li called “a...
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