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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 … Continue reading PDD Holdings stock becomes a bargain before earnings: buy or sell?

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… Continue reading Dow jumps 398 points as oil tops $100, Fed decision in focus

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… Continue reading Airline stocks rise as Delta, JetBlue signal strong demand despite oil spike

Nvidia (NASDAQ: NVDA) moved higher in the pre-market trading on Tuesday after CEO Jensen Huang used the company’s GTC keynote to deliver a bigger-than-expected view of the AI infrastructure market. Jensen’s remarks were echoed by the prominent analysts, with Wedbush’s Daniel Ives emphasizing that Nvidia remains at the center of what he sees as a… Continue reading Why Daniel Ives is getting more bullish on Nvidia after GTC?

Amazon is stepping up its push into ultrafast delivery, rolling out one-hour and three-hour shipping options across parts of the US as competition in rapid fulfilment intensifies. The company announced on Tuesday that three-hour delivery is now available in approximately 2,000 cities and towns, while one-hour delivery has been launched in hundreds of those locations.… Continue reading Amazon intensifies delivery battle as one-hour shipping rolls out across US

US stock futures are facing some pressure on Tuesday as the S&P 500 futures slipped 0.3% in early trading. The futures tied to other Wall Street indices were also trading in red with Nasdaq 100 futures declining over 0.4% while Dow Jones futures shedding over 120 points. The move comes as stock markets across the… Continue reading Dow futures plunge on Tuesday: 5 things to know before market opens

BYD has secured a 100,000-vehicle export order from its newly operational factory in Brazil, with shipments split evenly between Argentina and Mexico, according to Executive Vice President Stella Li. Separately, Rivian shares rose Monday after TD Cowen upgraded the stock and raised its price target, as investors focused on the company’s R2 mid-size SUV, which… Continue reading EV race heats up as BYD lands 100K deal and Rivian surges on R2