marketsabout 1 month ago
Temu owner’s shares rise as results beat estimates despite tumbling profits
PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.
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PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.
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Bond yields are driven by the market’s estimate of the average federal funds rate over the next 10 years, plus some compensation for the risks associated with predicting that. Barclays finds bonds at fair value but not cheap yet.
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