PDD Holdings stock price remains under pressure this week as traders focus on the upcoming financial results. Its ADR was trading at $103 on Monday, down by 37% from its highest level in May. So, will the stock rebound now that it has become a bargain? PDD Holdings has become a bargain ahead of earnings
Recent geopolitical tensions have triggered sharp moves across global markets, with oil prices rising, the dollar strengthening, and equities facing pressure. In contrast, Bitcoin has shown relative resilience, prompting fresh debate over its role during periods of macro uncertainty. At the time of writing, the cryptocurrency is trading at around the $74,000 mark. While correlations
Airline stocks climbed on Tuesday after major US carriers signalled that robust travel demand is helping cushion the impact of soaring fuel costs triggered by the escalating Middle East conflict, offering relief to a sector battered in recent weeks. Delta said the conflict in the Middle East has not dented travel demand so far, with
US stocks edged higher on Tuesday as investors looked to extend the previous session’s gains, while closely monitoring developments in the escalating Iran conflict and its impact on global energy markets. The S&P 500 and Nasdaq 100 gained 0.6%. Dow Jones Industrial Average advanced 398 points, or 0.85%. The cautious optimism follows a strong rebound
Ripple is stepping up its presence in Brazil as it broadens its digital asset services and prepares to enter the country’s formal crypto regulatory system. The payments-focused blockchain firm said Tuesday it is rolling out an expanded suite of offerings designed for banks and fintechs, while also planning to apply for a Virtual Asset Service
Even as the Indian government reassures citizens that the supply of domestic cooking gas remains uninterrupted, uncertainty prevails. Experts believe shortages of liquefied petroleum gas (LPG) will likely remain. “Shortages will likely persist for as long as the kinetic conflict remains active,” Igor Isaev, doctor of technical sciences, head of analytics center at Mind Money,
Shares of Oklo Inc. rose on Tuesday after the nuclear start-up secured its first license from the US Nuclear Regulatory Commission (NRC), marking a key step toward commercial activity as investors await progress on its core reactor business. The stock surged 10.5% to $65.97 although it pared some gains and was trading at $61.5 at
After trading rangebound between $65,000 – $70,000 over the past weeks, Bitcoin price momentum returned on Friday as macro pressures cooled. Broader market sentiment has improved from levels seen earlier in the month, and the total crypto market cap has also stabilised above the $2.5 trillion mark after falling sharply from over $3.3 trillion in
Ulta Beauty (NASDAQ: ULTA) is being punished this morning after the cosmetics retailer posted a profit miss and issued “conservative” guidance for the full year. Investors bailed on ULTA also because its operating margin contracted by a significant 220 bps in the fourth quarter. Still, there’s reason to believe that Ulta Beauty stock remains well-positioned
Advanced Micro Devices (NASDAQ: AMD) plunged by nearly 2% in Friday afternoon trading, extending a shaky stretch for semiconductor names amid a cautious sentiment. Even though the broader indices remained steady today, the investors are weighing oil prices, geopolitical tension and renewed concerns about AI chip exports. Friday’s pullback in AMD stock added to Thursday’s