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.
Markets move fast. You should move faster. Be the first to know when deals break, stocks move, or biotech headlines hit. Sign up to get breaking news alerts the moment they happen.
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.
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.
Ouster stock hit a 3-year high after partnering with ARGUS to improve drone-catching tech using advanced lidar sensors.