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Nasdaq Dips 1%; US Durable Goods Orders Increase In July
Volume Leaders: PDD, XPEV, SEDG, and More
PDD Holdings Inc. (PDD) Q2 2024 Earnings Call Transcript Summary
Dow Hits All-time High and Nasdaq Dips as Rate Cuts Appear Imminent While NVDA Earnings Looms
PDD Holdings conference call: Prepare to sacrifice short-term profits, no dividends or buybacks in the coming years.
pdd holdings management also stated that under intense competition, the company's revenue growth may slow down, and profits in the next few quarters may fluctuate and rebound, but the trend of long-term profit decline is inevitable.
Market Mover | Shares of Temu Parent PDD Slump 26% After Q2 Financial Results