Yee HueiKoh
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Columns PDD Holdings Plunges Over 28% Post-Earnings, While Several E-Commerce Stocks Soar Year-to-Date
Pinduoduo’s shares plunged 28.5% yesterday after the company posted earnings that missed forecasts and delivered a bleak outlook.
All major e-commerce firms have now reported their second-quarter results, highlighting a stark contrast in performance. $Amazon (AMZN.US)$ and $JD.com (JD.US)$ have fallen 6% and 2% respectively this month, while Sea, MercadoLibre, and $Shopify (SHOP.US)$ have jumped more than ...
All major e-commerce firms have now reported their second-quarter results, highlighting a stark contrast in performance. $Amazon (AMZN.US)$ and $JD.com (JD.US)$ have fallen 6% and 2% respectively this month, while Sea, MercadoLibre, and $Shopify (SHOP.US)$ have jumped more than ...
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It's another busy week of third-quarter earnings, plus an expected interest-rate increase by the Federal Reserve. The central bank's policy committee meets on Tuesday and Wednesday, and is widely projected to lift its target rate by three-quarters of a percentage point for a fourth-straight time, to 3.75%-4%. The week closes with the October jobs report.
Some 160 $S&P 500 Index (.SPX.US)$ companies are scheduled to r...
Some 160 $S&P 500 Index (.SPX.US)$ companies are scheduled to r...
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