US stocks closed | The Dow fell 1.53% to a two-week low, and Nvidia bucked the trend and rose 9.32% to a record high
Boeing fell nearly 7.6% to lead the decline of the Dow's constituent stocks, Tesla fell 3.54%, Intel fell more than 4%, and AMD fell more than 3%; after the earnings report, Station B closed down more than 12%, Shell fell nearly 10%, and Pinduoduo's earnings rose more than 4% the next day.
10 Consumer Discretionary Stocks Whale Activity In Today's Session
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Citigroup Maintains Buy on PDD Holdings, Raises Price Target to $198
Citigroup analyst Alicia Yap maintains PDD Holdings (NASDAQ:PDD) with a Buy and raises the price target from $185 to $198.
Pinduoduo's performance exceeded expectations, but investor expectations are also rising
Investors' expectations also began to rise after many financial reports that exceeded expectations were released.
How much is the gross margin of a car? Why did overseas internet revenue increase by 40% year over year? What progress has AI made? Learn about the Xiaomi conference call in one article
Xiaomi said that the gross margin of electric vehicles is about 5% to 10%, and it is expected that the revenue and gross profit of the automobile business will be announced separately in the second quarter.
E.l.f. Beauty Posts Upbeat Earnings, Joins Nvidia, LiveRamp Holdings, Borr Drilling And Other Big Stocks Moving Higher On Thursday
U.S. stocks were mixed, with the Dow Jones index falling around 250 points on Thursday.Shares of e.l.f. Beauty, Inc. (NYSE:ELF) rose sharply during Thursday's session after the company reported better
Stock Market Reclaims Record Highs, Nvidia Tops $1,000 As AI-Driven Rally Resumes: Thursday's Top Movers
On Thursday, Wall Street opened the session with significant milestones as the S&P 500 and the Nasdaq 100 indices surged to new record highs. This rebound was driven by Nvidia Corp. (NASDAQ:NVDA), whi
In June, double classes started, smart driving end-to-end. Xiaomi's quarterly report revealed this core information about the car business
① The current expenses include 2.3 billion yuan for innovative businesses such as smart electric vehicles. ② Lu Weibing, president of Xiaomi Group, said, “100,000 units is a guaranteed figure; we need to try to sprint to 120,000 units.” ③ Xiaomi's core competency in smart driving lies in full-stack self-research.
PDD Holdings Shares Are Trading Higher After Multiple Analysts Raised Their Price Targets on the Stock.
PDD Holdings Shares Are Trading Higher After Multiple Analysts Raised Their Price Targets on the Stock.
Key Takeaways From PDD Holdings Analyst Ratings
In the last three months, 10 analysts have published ratings on PDD Holdings (NASDAQ:PDD), offering a diverse range of perspectives from bullish to bearish.Summarizing their recent assessments, the ta
US stock outlook | NASDAQ futures surged more than 1%, Nvidia's performance “exploded”, and chip stocks were in full swing!
Investment bosses warned that inflation will continue, seriously affecting the returns of US stocks; US Treasury Secretary Yellen said exchange rate intervention should not be used as a conventional method; most popular Chinese securities fell before the market, and NetEase and Xiaopeng Auto fell more than 3%.
The convertible bond has been issued by JD! Is Ali going to send it? Is Tencent and Meituan “most likely” to send it?
According to HSBC's analysis, Meituan, Tencent, NetEase, and Pinduoduo are likely to follow suit. Among them, Tencent and Meituan are most likely.
Xiaomi Q1 revenue was 75.507 billion yuan, up 27.0% year on year
Adjusted net profit was $6.491 billion, up 100.8% year on year.
Overview of the Hong Kong market | The three major indices fell sharply, and the Hang Seng Index fell nearly 2%; Technet stocks and non-ferrous metals stocks weakened, NetEase fell nearly 8%, and Zijin Mining fell nearly 4%
Auto stocks generally fell, with Zero Run and GAC falling nearly 6%; domestic housing stocks and property management stocks declined, while Evergrande Property and Sunac China fell nearly 7%.
Tencent's big deal! Join the war!
Big model makers start a price war.
Cui Dongshu: Exports of 207,000 new energy vehicles increased 58% year-on-year in April
In April 2024, China achieved exports of 556,000 units, a growth rate of 31% compared with April 2023 and a 13% increase over the previous month. The trend is very good.
Hong Kong Stock Afternoon Review | The Hang Seng Index fell more than 1% and fell below the 10,000 mark. Most Technet stocks and auto stocks fell, while NetEase and Xiaopeng Motors fell about 5%
Non-ferrous metals stocks generally fell; Ganfeng Lithium fell 7%, Jiangxi Copper shares fell more than 3%; domestic housing stocks fell one after another, Xuhui Holding Group fell more than 7%, and Sunac China fell nearly 6%.
Intraday Overview | The three major Hong Kong stock indices all fell by more than 1%, and Kuaishou bucked the trend and rose more than 4%
Technology Network stocks declined, with Alibaba and NetEase falling nearly 4%, and Xiaomi and Jingdong falling more than 2%; auto stocks were sluggish, with Zero Sports, Xiaopeng Auto, and Guangzhou Automobile Group falling more than 4%, and NIO and Ideal Auto falling nearly 4%.
Opinion | The size of Chinese stock holdings in overseas asset management declined in the first quarter, and some institutions increased their positions
Since mid-April, the Hong Kong stock market has closed higher for four consecutive weeks. The Hang Seng Index has accumulated a cumulative rebound of nearly 20% since the bottom, and once returned to around 19,600 points, a new high since August last year.
Xiaomi officially responds to withdrawal: due to “municipal planning” it is necessary to operate normally in Shanghai
① Wang Hua, general manager of the PR department of Xiaomi Group, said that the land used for municipal planning has changed, and the government needs to store it. However, there is no response from Xiaomi regarding the security deposit. ② According to information, the plot was taken by Xiaomi's wholly-owned subsidiary for 1.55 billion yuan, and a deposit of 310 million yuan was paid.