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%.
US stocks closed | All three major indices rose for the entire week! The Dow Jones hit a new closing high, Tesla rose nearly 4%; cryptos concept stocks all rose, MSTR increased by over 6%.
Funds flowed out of technology stocks and into economically sensitive cyclical stocks. The Nasdaq fluctuated between gains and losses, dragged down by over 3% drop in Nvidia and 1.7% drop in Google Class A. The Dow Jones rose by about 1%, small caps rose by 1.8%, and Chinese concept stocks fell by 1.4%. The S&P 500 and Nasdaq accumulated gains of 1.7% for the week, the Dow rose by about 2%, Tesla rose nearly 10% for the week, and Super Micro Computer soared by over 78%, its best week ever. MicroStrategy, known as a 'Bitcoin whale', rebounded by 6% on Friday. Economic weakness pushed the Euro to a two-year low, while the US Dollar rose for the third consecutive week to a two-year high. Offshore Renminbi fell by over 200 points for the week to nearly a four-month low. US oil had its best two-month gain with a 6.5% increase for the week, gold rose by over 1% to surpass $2700, marking its best week in over a year with a 5.7% increase.
PDD Holdings Options Spot-On: On November 22nd, 217.52K Contracts Were Traded, With 1.56 Million Open Interest
On November 22nd ET, $PDD Holdings(PDD.US)$ had active options trading, with a total trading volume of 217.52K options for the day, of which put options accounted for 54.71% of the total transactions,
JP Morgan Downgrades PDD Holdings to Neutral, Lowers Price Target to $105
Gap To Rally Around 45%? Here Are 10 Top Analyst Forecasts For Friday
Analyst Expectations For PDD Holdings's Future
Benchmark Co. Maintains PDD Holdings(PDD.US) With Buy Rating, Cuts Target Price to $160
US stocks early trading | Some cryptos concept stocks rose, CleanSpark surged over 5%, MSTR rebounded nearly 4%; super micro computer rose over 12% again, accumulating over 80% in the past six trading days.
On the evening of the 22nd in peking time, all three major stock indexes are likely to record gains this week. The market continues to focus on signs of sector rotation from technology stocks to cyclical stocks.
PDD Holdings Is Maintained at Buy by Benchmark
Express News | PDD Holdings Inc : JP Morgan Cuts to Neutral From Overweight
Today's Analyst Rating | NVIDIA Price Target Raised to $165 by Goldman Sachs, Salesforce Price Target Raised to $360 by Goldman Sachs
Nov 22, Wall Street analysts have updated their stock ratings today including $NVIDIA(NVDA.US)$ and $Salesforce(CRM.US)$.
PDD's 3Q Underwhelmed, But There Were Also Some Key Positives -- Market Talk
Express News | PDD Holdings Inc : Bernstein Cuts Target Price to $150 From $170
Nomura Cuts Price Target on PDD Holdings to $137 From $164, Keeps Buy Rating
Actively "slow down", pdd holdings' long-termism practice enters a new stage.
Daring to repeat the right things at the right time, the true value of pdd holdings clearly goes far beyond the cold numbers of financial reports.
This week's hot stock in the US stock market | Is bitcoin competing for the 0.1 million mark? Major holders of MSTR coins have surged more than 5 times this year; the "AI faith" is once again causing a frenzy! Cloud storage giant snowflake soared 36% this
This week, the dow jones industrial average rose by 0.98%, closing at 43,870.35 points; during the same period, the s&p 500 index increased by 1.33%, closing at 5,948.71 points; the nasdaq index increased by 1.56%, closing at 18,972.42 points.
Gelonghui released the pdd holdings Q3 2024 update report: Is Temu going to make PDD great again?
Gelonghui, November 22 | Gelonghui China Concept Research Institute released pdd holdings (PDD.US) 3Q24 updated report "Domestic Market Under Pressure, Will Temu Make PDD Great Again?".
Express News | JEFFERIES: Reduced the target price for pdd holdings from 181 dollars to 171 dollars.
Express News | PDD Holdings Inc : Jefferies Cuts Target Price to $171 From $181
Q3 2024 PDD Holdings Inc Earnings Call