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2023-05-28 10:10:25 ET Summary Two new Breakout Stocks for Week 22 with better than 10% short-term upside, ETF updates and one Dow 30 pick. Average cumulative returns for 2023 are +79.6% YTD. Last week we had peak gains in GLOB +15.9%, RBBN +5.6% and ATEX +5.7%. The Active ETF por...
2023-05-26 12:45:07 ET PDD Holdings ( NASDAQ: PDD ) led Chinese tech stocks higher on Friday after the e-commerce giant posted strong first-quarter results, aided by its online marketing services segment. PDD surged 17% after it said it generated an adjusted $1.01 per sh...
2023-05-26 11:42:03 ET PDD Holdings Inc. (PDD) Q1 2023 Earnings Conference Call May 26, 2023 7:30 AM ET Company Participants Lei Chen - Chairman and Co-Chief Executive Officer Jiazhen Zhao - Executive Director and Co-Chief Executive Officer Jun Liu - VP of Financ...
2023-05-26 06:32:47 ET Pinduoduo press release ( NASDAQ: PDD ): Q1 Non-GAAP EPADS of $1.01 beats by $0.38 . Revenue of $5.48B (+58.0% Y/Y) beats by $920M . “We are entering a new phase of development where we are fully committed to fostering high-quality...
DUBLIN and SHANGHAI, May 26, 2023 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Total re...
2023-05-25 10:34:47 ET Pinduoduo ( NASDAQ: PDD ) is scheduled to announce Q1 earnings results on Friday, May 26th, before market open. The consensus EPS Estimate is $0.63 (+34.0% Y/Y) and the consensus Revenue Estimate is $4.56B (+21.6% Y/Y). Over the last 2 years, PDD...
2023-05-25 09:56:50 ET Chinese tech stocks largely fell on Thursday despite a couple of earnings reports from key companies and signs from Alibaba ( NYSE: BABA ) that it would continue hiring amid rumors to the contrary. Alibaba ( BABA ) dipped less than 1% as the co...
2023-05-22 11:11:09 ET Shares of several Chinese stocks moved higher today on Wall Street bullishness and after more positive comments made by President Joe Biden recently on U.S.-China relations. Shares of the large tech conglomerate Alibaba Group (NYSE: BABA) traded more than ...
2023-05-20 02:22:07 ET Summary Realizing that oil won't be around forever, Saudi Arabia is seeking ways to cut its financial dependence on fossil resources, partially through utilizing the Public Investment Fund. After an almost six-month-long hiatus, the Saudi Sovereign Wealth Fu...
2023-05-19 12:15:00 ET In 2023, I have been buying stocks. For the most part, I haven’t been buying as many as I did in 2022, as I’m putting more of my money into term deposits now. However, I have been able to add some individual stocks to my portfolio at acceptable prices at...