Barclays maintains PDD Holdings DRC at Overweight
A Barclays analyst maintained PDD Holdings DRC (NASDAQ: PDD) at Overweight and a price target of $100.00 from a prior price target of %currency%%price%. Prior to this rating, PDD Holdings...
Strong Buy
or
PDD Holdings DRC News & Analysis
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Google suspends Chinese shopping app Pinduoduo amid security concerns
Google has suspended the Chinese shopping app Pinduoduo on its app store after malware was discovered in versions of the app from other sources. Google said in a statement Tuesday that it...
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Google suspends China’s Pinduoduo app on security concerns
(Reuters) -Alphabet Inc’s Google suspended the Play version of PDD Holdings Inc’s Pinduoduo app for security concerns, after malware issues were found on versions of the Chinese e-commerce...
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Google Halts Download of Chinese App Pinduoduo Over Security Concerns
Google blocked downloads of e-commerce app Pinduoduo after versions of it not carried in its app store were found to contain malware.
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Google suspends Chinese ecommerce app Pinduoduo after finding malware in versions
The Mountain View-based company said on Tuesday it has found versions of the app, offering PDD Holdings Inc.’s flagship e-commerce service, to contain malware.
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PDD Holdings DRC earnings missed by ¥0.16, revenue fell short of estimates
Investing.com - PDD Holdings DRC (NASDAQ: PDD) reported first quarter EPS of ¥8.34, ¥0.16 worse than the analyst estimate of ¥8.50. Revenue for the quarter came in at ¥39.82B...
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Earnings Previews: Foot Locker, PDD (Pinduoduo), Tencent Music
Two of China's biggest tech companies and a U.S. retailer are on deck to report earnings Monday or Tuesday morning.
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JD.com could get a boost with earnings in details on subsidy plan, MS says
By Liz Moyer Investing.com -- JD.com Inc Adr (NASDAQ:JD) shares could get a 5% to 10% bump after the Chinese e-commerce company provides more information on its planned subsidies to better...
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Chinese tech shares dip after report of JD.com subsidy campaign
By Scott Kanowsky Investing.com -- Shares in Chinese internet firms moved lower on Tuesday after a report that e-commerce giant JD.com (NASDAQ:JD) will pursue a $1.5 billion subsidy program...
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China-linked online superstore pips Amazon, Walmart to become most downloaded app in US
Temu, which runs an online superstore for virtually everything -- from home goods to apparel to electronics -- unveiled a commercial during the game that encouraged consumers to "shop like a...
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Tiger Global Management enters Grab, Match, MongoDB, Take-Two, ZoomInfo, others - 13F
Tiger Global Management released its 13F for the quarter ended Dec. 31, 2022. Below is a summary:New Stakes Confluent, Inc. (CFLT) new 3,120,535 share position Grab Holdings (GRAB) new...
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ContextLogic shares surge on bullish Citron Research tweets
By Sam Boughedda ContextLogic Inc (NASDAQ:WISH) shares surged Monday after Citron Research posted bullish tweets about the stock. The firm tweeted that they were "reluctant to mention WISH"...
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Chinese e-commerce giant Pinduoduo splashes on Super Bowl ad for its Temu U.S. shopping site
It is rare for a Chinese firm to buy a Super Bowl ad spot, which cost millions of dollars.
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Fed minutes, JOLTS, ISM, China tech hope - what's moving markets
By Geoffrey Smith Investing.com -- The Federal Reserve will publish minutes of its last policy meeting in December, while we will also get the first big U.S. data releases of the year in...
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Dow, Nasdaq, and S&P 500 2022 winners and losers: energy, tech lead the way
By Daniel Shvartsman Investing.com -- Entering the last trading day of the year, it's no surprise to find the 2022 scoreboard filled with energy winners and tech losers.The Dow Jones...
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Stock market today: tech leads market lower to kick off holiday week
By Daniel Shvartsman Investing.com -- Stock markets closed lower in the first day of a holiday-shortened last trading week of the year, as tech led the market lower much as it has through...
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Stock markets sell off as 2022 fatigue, Tesla drama weigh on investors
By Daniel Shvartsman Investing.com -- Stock markets reversed early gains, getting off to a down note to start the last week of trading in 2022. The S&P 500 lost .5% as of 10:15 ET (15:15...
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Tesla, Southwest Airlines, Nio drop premarket; Wynn Resorts, AMC Preferred rise
By Daniel Shvartsman Investing.com - The following stocks are moving in Tuesday's pre-market session (prices as of 8:00 ET/13:00 GMT): Tesla (NASDAQ:TSLA) is down 4.7% on reports it is...
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Today’s important price target changes
By Davit Kirakosyan Stifel raised the price target on Equinix (NASDAQ:EQIX) to $800.00 from $755.00 while maintaining a Buy rating. Shares were up nearly 3% today. Morgan Stanley lowered the...
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China COVID cheer, Musk vs. Apple, weak Eurozone inflation - what's moving markets
By Geoffrey Smith Investing.com -- Chinese markets and other risk assets rise as the National Health Commission said it will speed up vaccinations for seniors and moved away from its...
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Dow futures flat after negative session, China’s COVID protests weigh
By Oliver Gray Investing.com - U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark indices finished the regular session lower as growing...
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Today’s important price target changes
By Davit Kirakosyan Goldman Sachs raised the price target on Pinduoduo (NASDAQ:PDD) to $107.00 from $95.00 while maintaining a Buy rating. Shares surged more than 12% today on...
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Pinduoduo rallies after 'blowout' results
By Senad Karaahmetovic Pinduoduo (NASDAQ:PDD) delivered massive earnings beat to send its shares nearly 15% higher in pre-market Monday. The e-commerce platform reported Q3...
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Apple, Chevron, Biogen fall premarket; Univar, Pinduoduo rise
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Monday, November 28th. Please refresh for updates. Apple (NASDAQ:AAPL) stock fell 1.8% after a report indicated the...
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Pinduoduo Tops Q3 EPS, Revenue
Pinduoduo (PDD) reported Q3 EPS of RMB8.62 (US$1.21), RMB3.83 better than the analyst estimate of RMB4.79. Revenue for the quarter came in at RMB35.5 billion (US$4.991 billion) versus the...
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Dow futures dip after positive week
By Oliver Gray Investing.com - U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday-shortened week higher as investors...
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Dow futures tick lower, FOMC minutes awaited
By Oliver Gray Investing.com - U.S. stock futures were trading in a tight range during Sunday’s evening deals, after major benchmark averages finished the week in a mixed fashion as market...
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China Stocks Rally on Rumor COVID Zero Policy Could Be Scrapped
By Senad Karaahmetovic Asia equities staged a strong rally today on unconfirmed speculation that the country may finally move away from its stringent COVID Zero policy that has continuously...
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Barclays Impressed by Recent Pinduoduo Progress - Upgrades to OW
By Sam Boughedda Pinduoduo (NASDAQ:PDD) was upgraded to Overweight from Equal Weight, with its price target raised by 6% to $70 per share from $66 at Barclays. Analysts there told...
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Tesla, Meta Platforms, Alibaba Fall Premarket; Walmart, WeWork Rise
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Monday, October 24th. Please refresh for updates. Tesla (NASDAQ:TSLA) stock fell 2.2% after the electric car...
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JOLTS, Consumer Confidence, Eurozone Inflation - What's Moving Markets
By Geoffrey Smith Investing.com -- The U.S. publishes its latest report on job openings and labor turnover, along with another update on consumer confidence and house prices. Those numbers...
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Midday Movers: Pinduoduo, Bristol-Myers, Netflix and More
By Liz Moyer Investing.com -- U.S. stocks fell again after last week's remarks by Fed Chair Jerome Powell stoked rate fears. Here are the midday movers for Aug. 29: Pinduoduo...
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U.S. Tech Stocks Lead Markets Lower on Rate Concerns
By Liz Moyer Investing.com -- U.S. stocks opened sharply lower as investors worried about an aggressive effort by the Fed to quash inflation. At 9:47 ET (13:47 GMT), the Dow Jones Industrial...
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Pinduoduo Stock Gains 11% After 'Very Strong' Results, Analysts Bulled-up
By Senad Karaahmetovic Shares of Pinduoduo (NASDAQ:PDD) are up over 11% in premarket Monday after the Chinese internet company crushed analyst estimates for the second...
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Pre-Open Movers: Pinduoduo Gains on EPS, Tech Stocks Lower Again
Pre-Open Stock Movers: Pinduoduo (NASDAQ:PDD) 12% HIGHER; reported Q2 non-GAAP EPS of RMB7.54 (U.S $1.13), versus RMB2.85 reported last year. Revenue for the quarter came in at RMB31.44...
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Apple, Amazon, Tesla Lower in Premarket Trade; Pinduoduo Rallies
By Scott Kanowsky Investing.com -- Stocks in focus in premarket trade on Monday, August 29th. Please refresh for updates. Technology and growth stocks including Apple (NASDAQ:AAPL), Amazon...
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Pinduoduo Reports Q2 EPS of RMB7.54
Pinduoduo (NASDAQ:PDD) reported Q2 non-GAAP EPS of RMB7.54 (U.S $1.13), versus RMB2.85 reported last year. Revenue for the quarter came in at RMB31.44 billion, versus RMB23.9 billion...
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US, China Reach Preliminary Deal in Push to Avoid Delistings
(Bloomberg) -- Beijing and Washington have reached a preliminary deal to allow American officials to review audit documents of Chinese businesses that trade in the US, a first step toward...
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U.S.-listed Chinese Stocks Open Higher on News of Audit Deal
By Sam Boughedda Shares of Chinese stocks such as Alibaba (NYSE:BABA), JD.com (NASDAQ:JD), Baidu (NASDAQ:BIDU), and Pinduoduo (NASDAQ:PDD) opened higher Friday following news that...
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Macy's, Palo Alto, Dick's Sporting Goods Rise Premarket; Zoom Falls
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Tuesday, August 23rd. Please refresh for updates. Palo Alto Networks (NASDAQ:PANW) stock rose 9.7% after the...
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Chinese Airlines Seen as Likely Next Stocks to Exit US Market
(Bloomberg) -- The decision by five Chinese state-owned companies to leave the US market adds to skepticism that authorities in both countries can reach an agreement on disclosure rules,...
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US-listed China Stocks Slip on Delisting Moves, Analyst Sees Short-term Noise
By Senad Karaahmetovic Shares of Alibaba (NYSE:BABA) and Pinduoduo (NASDAQ:PDD), as well as several other U.S.-listed China stocks, are down in premarket Friday after several Asian...
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Pre-Open Movers: Small-cap UNITY Bio Climbs 110%, Alibaba Declines
UNITY Biotechnology (UBX) +110%; today announced 12- and 18-week data from its Phase 2 BEHOLD study of UBX1325, a senolytic Bcl-xL inhibitor, in patients with diabetic macular edema...
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JD.com Leads China Tech Rally in US After Alibaba Revenue Beat
(Bloomberg) -- Chinese tech stocks listed in the US got a fresh dose of good news Thursday morning after Alibaba Group Holding Ltd. (NYSE:BABA) reported a better-than-expected revenue...
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Pinduoduo Tumbles After Morgan Stanley Says 'Limited Room for Further Beat'
By Sam Boughedda Pinduoduo (NASDAQ:PDD) shares were downgraded from Overweight to Equal-Weight with a $70 per share price target by Morgan Stanley analyst Eddy Wang on Monday. Pinduoduo...
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Chinese Internet Stocks Jump as Reopening Begins
By Liz Moyer Investing.com -- Shares of Chinese internet companies bounced on Tuesday after movement to reopen Shanghai after weeks of Covid-19 related lockdowns. According to multiple...
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