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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...
DUBLIN and SHANGHAI, May 19, 2023 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD) today announced that it will report its unaudited financial results for the first quarter ended March 31, 2023, before U.S. markets open on Friday, M...
2023-05-18 15:17:36 ET JD.com ( NASDAQ: JD ) was added as a new long idea at Hedgeye, while recommending a pair trade to short Kuaishou Technology ( OTCPK:KUASF ). "We are recommending the pair trade because we are not fully comfortable with e-commerce this year," Hedgeye ...
2023-05-18 09:27:05 ET Summary Alibaba Group Holding Limited just released its fiscal fourth quarter 2023 earnings and beat expectations. The release was a beat on revenue and as well as on EPS. Alibaba's profitability in the quarter was excellent, with a 15.5% free cash flow ...
2023-05-18 08:14:55 ET Alibaba's ( NYSE: BABA ) announcements of better-than-expected fourth-quarter results and spin-off of its cloud group were not enough to keep most Chinese tech stocks from moving lower on Thursday. Alibaba ( BABA ) shares rose 1% after the comp...
2023-05-17 23:22:38 ET Summary Bridgewater Associates’ 13F portfolio value decreased from ~$18.32B to ~$16.39B this quarter. They increased Alphabet, Meta Platforms, and PayPal Holdings while reducing Walmart Stores, PDD Holdings, and Estee Lauder. The top three individ...
2023-05-17 02:07:40 ET Summary We believe PDD Holdings offers an attractive asymmetric risk-return proposition, with fair value closer to $107 per share in our view. Compared to other Chinese retail giants, it is expanding its operating margins while maintaining record top-line gr...
2023-05-16 08:36:57 ET Chinese tech stocks were largely in the red in pre-market trading on Tuesday despite stronger-than-expected results from industryl stalwarts Baidu ( NASDAQ: BIDU ) and iQiyi ( NASDAQ: IQ ). Shares of Alibaba ( BABA ) and JD.com ( JD ) eac...
2023-05-15 19:00:09 ET Saudi Arabia's sovereign wealth fund took a stake in solid-oxide fuel cells maker Bloom Energy ( NYSE: BE ) in Q1 2023, while increasing its holdings in videogame publisher Electronic Arts ( NASDAQ: EA ) and Singapore-based internet company Sea ( NYS...
2023-05-15 16:46:30 ET Shares of Chinese e-commerce platforms Alibaba (NYSE: BABA) , JD.com (NASDAQ: JD) , and Pinduoduo (NASDAQ: PDD) were rallying on Monday, up 3.5%, 6.7%, and 4.3%, respectively, in Monday trading. There wasn't any company-specific earnings ne...
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Pinduoduo Inc. Company Name:
PDD Stock Symbol:
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2024-05-17 08:00:05 ET Kenneth Fong from UBS issued a price target of $248.00 for PDD on 2024-05-17 06:00:00. The adjusted price target was set to $248.00. At the time of the announcement, PDD was trading at $143.38. The overall price target consensus is at $131.63 with ...
DUBLIN and SHANGHAI, May 15, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it w...
DUBLIN and SHANGHAI, May 15, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD) today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, before U.S. markets open on Wednesday...