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Dow Jones Top Company Headlines at 9 PM ET: Boeing Plans to Sell 103 Planes to Korean Air | Interactive ... The intent to purchase is part of a larger planned investment by Korean Air to spend $50 ...
Dow Jones Top Company Headlines at 7 PM ET: Interactive Brokers to Join S&P 500 This Week | Elon ... The stock will replace Walgreens Boots Alliance, which is being acquired by Sycamore Partners in a ...
Temu’s parent company PDD Holdings reported on Monday that its revenue growth slowed again in the second quarter, with executives citing “intense competition” as a reason for the slowdown. The period ...
European shippers like DHL are pausing services to the U.S. as the de minimis tax loophole ends and Trump administration tariffs take hold.
Temu parent PDD Holdings (NASDAQ:PDD) stock is trading higher on Monday after the company reported fiscal second-quarter 2025 results. Revenue grew 7% year-on-year (Y/Y) to $14.52 billion (103.98 ...
PDD is spending more to boost revenue, and its stock is rising as investors seem satisfied with the trade off.
A policy that waived import duties for low-cost goods allowed retailers like Shein and Temu to thrive. That policy is ending, ...
Rising tariffs and removal of De Minimis on EU imports may drive inflation, raising costs for affordable goods.
PDD stock slipped even after the Temu parent beat earnings expectations. JD.com also reported a beat earlier this month.
The loophole, known as “de minimis,” has allowed goods worth less than $800 to enter the United States duty-free since 2016.
The end of the de minimis rule will sharply disrupt cross-border commerce, raising costs and reducing shipments for retailers ...
PDD Holdings' revenue beat expectations but faced profit declines due to increased competition and investments. To boost ...