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US stock market outlook: Nvidia fell more than 1% pre-market, performance guidance unlikely to meet Wall Street's high expectations; Cryptocurrency concept stocks soared across the board pre-market, with MSTR and MARA up over 11%.
Performance exceeded expectations, snowflake surged over 23% in pre-market; pdd holdings fell over 9% in pre-market, with Q3 revenue missing expectations; another company made a fortune from holding bitcoin! Semler Scientific rose over 24% in pre-market.
PDD Holdings Shares Are Trading Lower After the Company Reported Worse-than-expected Q3 Financial Results.
Maximus Reports Weak Earnings, Joins Atkore, PDD Holdings And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
pdd holdings Q3 revenue was 99.354 billion yuan, a year-on-year increase of 44%.
The adjusted net income for Q3 is 27.459 billion yuan, a year-on-year increase of 61%.
Pinduoduo Non-GAAP EPADS of $2.41 Misses by $0.31, Revenue of $14.16B Misses by $170M
PDD Holdings Q3 Adj EPADS $2.65 Misses $2.82 Estimate, Sales $14.16B Miss $14.47B Estimate