A Look Ahead: pdd holdings' Q3 revenue may hit the one trillion mark! Top institutions are divided, how will the stock price perform this time?
According to market expectations, pdd holdings is expected to achieve revenue of 103.699 billion yuan in Q3 2024, a year-on-year increase of 50.64%; expected earnings per share of 19.77 yuan, a year-on-year increase of 86.47%.
U.S. stock market morning session | Tesla surged more than 8%, with a market cap exceeding $1.1 trillion; Xiaomi ADR soared 5% after earnings, with Q3 revenue reaching a record high of $92.5 billion.
On the evening of October 18th, Beijing time, the market this week is focused on the earnings reports of several important companies including nvidia, as well as the Federal Reserve's interest rate cut policy and the outlook for the US stock market after the elections.
Duan Yongping and Buffett have a "soul resonance" in their third-quarter operations, and Li Lu re-enters an oil & gas stock.
For nvidia, Bridgewater, Jinglin, Baillie Gifford, and "Cathie Wood" are all reducing their shareholding, and everyone is quietly united in missing the opportunity of nvidia reaching the top of the market cap.
Stock Futures Mixed Ahead of Key Corporate Earnings; Asia Churns, Europe Down
Hold positions exposure, Wall Street tycoons increase their holdings of assets in China.
David Tepper, a well-known hedge fund mogul on Wall Street, boldly proclaimed at the end of September to "buy everything in china assets." The latest hold position data has been released! The mogul has put his words into action, significantly increasing his holdings in chinese assets to nearly 40%. In the third quarter, information released by Tepper's Appaloosa Management showed that investments in chinese stocks increased from 26% at the end of the previous quarter to 38%. This renowned hedge fund figure greatly increased his holdings in several U.S.-listed chinese stocks during the third quarter, including nearly doubling his position in pdd holdings shares, while also adding to his positions in jd.com and ke holdings. Meanwhile, Tepper slightly reduced his holdings in baidu, alibaba, and china.
Futu Morning Post | Suspense Rising Again? Risk of no rate cut by the Fed in December increases, US bonds erase gains for 2024; Foreign giants are making moves! Chinese concept stocks become new targets for additional investment.
BoA's Hartnett: Investment market turning point before inauguration in January, allocating to US bonds, Chinese and European stock markets, gold; 'Most lethal' US Health Secretary nominee, vaccine stocks plummeting for consecutive days; DJT's major shareholder perfect timing to completely reduce shareholding, missing out on 'sudden fortune and wealth'.