AU Morning Wrap: ASX Falls; BHP Drops Over 3% After Third Bid Rejected

ASX falls; BHP drops over 3% after third bid rejected. Stocks to watch: Origin Energy, Xero, Nufarm.

Moomoo News AU20:25 ET

PDD Holdings Analyst Ratings

Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/22/2024 84.93% UBS $248 → $272 Maintains Buy 03/21/2024 29.18% JP Morgan $195 → $190 Maintains Overweig

Benzinga13:36 ET

Tencent, IFlytek Cut Prices of AI Services, Following Alibaba, Baidu's Move - Report

Seeking Alpha12:02 ET

Earnings Call Summary | PDD Holdings(PDD.US) Q1 2024 Earnings Conference

The following is a summary of the PDD Holdings Inc. (PDD) Q1 2024 Earnings Call Transcript:Financial Performance:PDD's total revenue for Q1 2024 reached RMB86.8 billion, a 131% increase year over year

moomoo AIMay 22 11:54 ET · Conference Call

Alibaba Rival PDD's Explosive Growth Continues, Revenue More Than Doubles

PDD Holdings Inc (NASDAQ:PDD) reported fiscal first-quarter 2024 revenue growth of 131% year-on-year to $12.02 billion (86.81 billion Chinese yuan), beating the analyst consensus estimate of $10.65 bi

BenzingaMay 22 09:47 ET

The three major US stock indexes had mixed ups and downs. Pinduoduo rose more than 4%, and Tesla fell more than 2%

Pinduoduo's Q1 net profit surged 202% year on year, and revenue increased 131%. Target fell 10%, the biggest drop since November 2022.

wallstreetcnMay 22 09:31 ET