PDD Holdings' Temu, Online Site Shein Asked to Submit Information on Digital Services Act Compliance

PDD Holdings' (PDD) Temu and private online marketplace Shein were asked by the European Commission to provide more information on the measures they have taken to comply with the Digital Services Act,

MT Newswires19:36

US stocks closed lower on the last day of June with all three major indexes down. The AI-driven Nasdaq rose 18% in the first half of the year, while Nvidia soared 149%.

After hitting a new high, the S&P and Dow fell together, possibly due to Goldman Sachs and JPMorgan bearish on US stocks. Amazon, Google, and Microsoft fell from their recent highs, while most chip stocks rose. However, Nvidia rose 3% before falling 0.4% as the AI hype drove the Nasdaq up 18% and the S&P up 14.5% in the first half of the year.

wallstreetcnJun 29 09:32

'Amazon's Bargain Store Would Use Same Trade 'Loophole' as Temu, Shein' - The Information

'Amazon's Bargain Store Would Use Same Trade 'Loophole' as Temu, Shein' - The Information

BenzingaJun 29 02:42

10 Consumer Discretionary Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.

BenzingaJun 29 01:35

A Closer Look at PDD Holdings's Options Market Dynamics

Financial giants have made a conspicuous bearish move on PDD Holdings. Our analysis of options history for PDD Holdings (NASDAQ:PDD) revealed 10 unusual trades.Delving into the details, we found 30% o

BenzingaJun 28 22:31

US Stock Market Preview | US May core PCE annual rate drops to a new three-year low, three major futures indexes slightly up.

The first half of the year has been a strong period for the US stock market and it will face three major challenges in the future; Nike's pre-market trading fell nearly 15%, and the company's fourth quarter revenue fell short of expectations.

Futu NewsJun 28 20:37