Market Mover | Shares of Temu Parent PDD Slump 26% After Q2 Financial Results
Express News | PDD Holdings Inc : JP Morgan Cuts Target Price to $180 From $220
Temu Owner PDD Posts Revenue Miss, Warns of Slowing Sales
PDD's Profitability Seen Weighed by Competition -- Market Talk
PDD Holdings Target Price Cut to US$185.00 From US$220.00 by Daiwa >PDD
Shanghai Telecom apologizes for the "broadband outage"; Apple announces that Kevan Parekh will serve as CFO; Musk says California, USA should "reasonably" approve the AI safety bill | AI Daily Morning News
①IBM has confirmed the closure of its research and development department in China; ②Apple will hold a product launch event on September 9th local time, with new devices such as the iPhone 16 expected to be released; ③French President Macron: the arrest of the Telegram founder is by no means for political reasons.
I Just Bought More of These Two Bargain Stocks
Goldman Sachs remains bullish on PDD Holdings: Q2 growth is still one of the fastest, the PE ratio below 10 reflects concerns, even Temu did not provide valuation.
Goldman Sachs strongly supports PDD Holdings, believing that a P/E ratio of less than 10 times already reflects concerns about intensified domestic competition and geopolitical issues, and the continued growth momentum of PDD Holdings. It gives a buy rating and sets a 12-month target price of $184.
US stocks close: Dow hits new high, technology stocks drag S&P and Nasdaq down, pdd holdings plunges nearly 30%.
① The three major indices rose and fell unequally; ② Semiconductor stocks generally declined, with the PHLX Semiconductor Index down 2.51%; ③ Most popular China concept stocks closed lower, with PDD Holdings plunging over 28%; ④ Apple will hold a product launch event on September 9th local time, and new devices such as iPhone 16 are expected to be released.
Top Gap Ups and Downs on Monday: TM, BABA, PDD and More
PDD Holdings Price Target Cut to $151.00/Share From $193.00 by Jefferies
Dow Closes at Record High; S&P 500, Nasdaq Fall
PDD Holdings Cut to Neutral From Outperform by Macquarie
PDD Holdings Analyst Ratings
PDD Holdings Options Spot-On: On August 26th, 788.68K Contracts Were Traded, With 1.31 Million Open Interest
Unusual Options Activity: ABBV, KHC and Others Attract Market Bets, ABBV V/OI Ratio Reaches 42.3
PDD Holdings Reports Robust Q2 Growth Amid Challenges
PDD Holdings | 6-K: Report of foreign private issuer (related to financial reporting)
US Equities Markets End Mixed Monday as Markets Parse Durable Goods Data
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading