2024-08-26 23:55:08
Stocks
Markets
Business
Market Highlights: PDD Holdings, Icahn Enterprises, SolarEdge and More
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The Street
Finance
Economy
Stocks are up, led by Target and TJX's earnings beats. Target's growth was driven by traffic and same-day delivery, but it gave a cautious Q3 outlook. TJX's earnings and revenue topped estimates. Macy's earnings beat but revenue missed, and the company plans to close 150 stores.
The Street
Zoom up; Snowflake, Urban Outfitters down - Midday stock movers TheStreet Daily Newsletter
Finance
Economy
Zoom up 12% on Q2 beat, raised outlook, enterprise customer growth; Snowflake, Urban Outfitters down despite earnings beats; Semiconductor stocks slide; Zoom CFO to resign, Snowflake growth decelerating; Urban Outfitters' 9.3% same-store sales decline; Wells Fargo cuts Urban Outfitters price target, maintains equal weight rating; S&P 500 down 0.4%, Nasdaq down 0.7%, Dow and Russell 2000 slip 0.3%.
CNBC
Stocks making the biggest moves premarket: PDD Holdings, Boeing, Planet Fitness and more
Finance
Economy
Environment
Petrobras U.S.-listed shares rose after Morgan Stanley upgraded the Brazilian oil giant to overweight, citing strategy continuity with the new CEO and CFO and the reintroduction of extraordinary dividends.
seekingalpha
Volume Leaders: PDD, XPEV, SEDG, and more
Finance
Some stocks with increased volume trading activity are PDD Holdings, Xpeng Inc, Solaredge Tech, Alibaba Group, and Cava Group. Specific trade volume and price action details: PDD - 69.58M shares, -29.8%; XPEV - 13.62M shares, +8.5%; BABA - 19.31M shares, -4.7%; SEDG - 5.11M shares, -8.8%; CAVA - 4.90M shares, +4.5%.
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