Pinduoduo (NASDAQ: PDD) has gained a lot of attention since its IPO in mid-2018. The Chinese e-commerce platform popularized bulk "social" purchases, which allowed shoppers to team up, split bulk orders, and drive down individual unit prices.
Sogou (NYSE: SOGO), which owns China's second-largest search engine and its top mobile keyboard app, recently turned heads with its expanding user base and stabilizing profits. Its revenue and adjusted earnings rose 1% and 44%, respectively, last quarter, as daily active users o
With the Dow Jones Industrial Average, the Nasdaq Composite Index, and the S&P 500 all down by more than 20% from their recent highs, there's no doubt that the COVID-19 pandemic has pushed U.S. stock markets into bear territory. What's more, the social distancing measures
The economic disaster being brought on by the COVID-19 pandemic continues. Initial jobless claims surged to over 6.6 million on a seasonally-adjusted basis in the last week of March, and shelter-in-place orders remain in effect to combat the further spread of the contagion. The
China's recovery from the coronavirus outbreak may hold investable lessons for the rest of the globe, according to fund managers who are closely watching - and have begun cautiously buying - in the world's second-biggest economy.
With just about everyone who is still working doing so from home due to the COVID-19 outbreak, there has been a huge increase in the use of cloud services and online grocery orders. Alibaba (NYSE: BABA) and Amazon.com (NASDAQ: AMZN) are two of the top e-commerce and cloud servic
On March 24, India implemented a three-week lockdown for 1.3 billion people to curb the spread of the novel coronavirus (COVID-19) pandemic. The decision was made after projections indicated that up to 500 million Indians could be infected by the end of July and overwhelm the c
Bilibili's (NASDAQ: BILI) stock rose more than 20% over the past 12 months as the Chinese digital media company withstood the economic downturn and novel coronavirus outbreak in its home market. And its recent fourth-quarter report strongly suggests its rally could continue thro
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core MSCI Emerging Markets ETF (Symbol: IEMG) where we have detected an approximate $340.8 million dollar outflow -- that's a 0.7% decrease
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
The COVID-19 pandemic has brought global economies to a standstill. Lockdowns are in place and consumer spending has fallen drastically. Several countries have shut their borders, and investors are still trying to measure the impact of the pandemic on company financials.