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Pinduoduo Inc. News

Tech Stocks Roundup: Facebook Tops Distrust Ranking Among Users

Check out the latest news and performance numbers from the top technology and FAANG/MAMAA stocks like Apple, Amazon, Google, Microsoft, and more.

China's Biggest Tech Players Lost More Than $80 Billion In 2021

Amid a deteriorating China-U.S. relationship and government crackdowns, the 10 richest technology magnates in China lost a lot of money.

Chinese Education Stocks Rise on Report of Tutoring Approval

American depositary receipts of Gaotu Techedu and New Oriental Education & Technology climb sharply on a report they will be granted government licenses.

5 Top Stock Decliners for Thursday: Boeing, Wells Fargo

Boeing, Wells Fargo, U.S. Bancorp, Pinduoduo and Progressive are five stocks that fell on Thursday.

Cathie Wood's Fund May Reportedly Invest in Canadian Bitcoin ETFs

Cathie Wood's ARK Next Generation Internet ETF may invest in Canadian Bitcoin in a bid to diversify her assets.

Breaking News

GameStop Stock Surges On Plans For 4-For-1 Stock Split

GameStop will pay a three-share dividend to investors on July 21, with the stock trading on a split-adjusted basis the following day.

Samsung Forecasts Best Quarterly Profits In Four Years, Boosting US Chip Stocks

Chipmakers Intel and Nvidia got a boost Thursday after Samsung Electronic forecast its strongest quarterly profits in four years.

Seagen Stock Leaps On Report Of $40 Billion Takeover By Merck & Co.

Merck is reportedly eying cancer drug specialists Seagen as it looks to replace revenue from its Keytruda blockbuster, which loses patent exclusivity in 2028.

Costco Raises Two Key Food-Court Prices (But Not Hot Dogs)

The Costco warehouse club has been hesitant to pass on price increases to customers, but two popular menu items in its food court now cost more.