Temu Owner PDD Holdings Misses Q1 2026 Earnings Estimates as China’s Economic Weakness Bites
PDD Holdings missed Q1 targets: revenue up but below forecasts, profits fell, costs rose; shares dropped ~6% premarket.
PDD Holdings missed Q1 targets: revenue up but below forecasts, profits fell, costs rose; shares dropped ~6% premarket.
Intuitive Machines fell 9% after NASA rover awards, but analysts stay bullish with a $44 target and see a buying chance.
Abu Dhabi’s Mubadala raised nearly $2 billion by selling 22 million GlobalFoundries (GFS) shares in a block trade. Mubadala retains 73% stake.
Insulet is recalling some insulin pods due to possible leaks causing low insulin delivery and health risks; replacements offered.
Verra Mobility will lose Avis contract in 2026, cutting revenue and profit outlook; stock fell sharply after the news.
Zscaler fell after weak Q4 revenue outlook despite solid results, rising costs, and strong cybersecurity demand growth.