PDD Holdings, the company behind bargain app Temu, posted its slowest quarterly revenue growth in more than two years and missed profit expectations as it navigated stiff competition and geopolitical ...
The U.S.-listed shares of Temu parent PDD Holdings Inc. were hit hard in early trading Thursday, after the China-based e-commerce company reported a quarterly profit that missed expectations by a wide ...
Adani Group companies lost $26 billion in market cap on Thursday, after the U.S. alleged that founder and chairman Gautam Adani was involved in a $250 million bribery scheme. Adani Enterprises ...
BJ's Wholesale Club said it is raising its membership fees for the first time in seven years, four months after Costco's increase, and raised its outlook for the fiscal year. The Marlborough, ...
-Starbucks is considering selling a stake in its Chinese business, Bloomberg reported, citing people with knowledge of the matter. -The coffee chain has spoken to advisers about options that could ...
It was a lot more beat than raise from Nvidia in the chipmaker's third-quarter results released late Wednesday, though there was nothing in the report to suggest that artificial-intelligence mania is ...
The U.S.-listed shares of Temu parent PDD Holdings Inc. (PDD) tumbled 11.6% in premarket trading Thursday, after the China based e-commerce company reported third-quarter results that missed ...
Novartis raised its midterm sales guidance, citing higher revenue expectations for key drugs and product launches, as the company seeks to expand in the U.S. The Swiss pharmaceutical company will look ...
The company said in a filling Thursday that the new e-commerce business group will include Taobao and Tmall Group, Alibaba International Digital Commerce Group, 1688 Marketplace, Idle Fish and others.
The bank's policy committee on Thursday left its policy rate at 50%, a move widely expected by economists. The rate has stood at that level since March following a nine-month cycle of rate hikes aimed ...
Deere & Co.'s stock (DE) rose 1.5% early Thursday, after the maker of agricultural and construction equipment blew past earnings for its fiscal fourth quarter, overshadowing soft guidance for fiscal ...
Chinese search-engine giant Baidu reported lower revenue for the second straight quarter as advertising demand continued to be weak amid an economy struggling to regain momentum. The Beijing-based ...