ADVFN US – Market Content Editor
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PDD drops nearly 4% after Q3 results miss forecasts amid cooling revenue momentum
PDD Holdings Inc. (NASDAQ:PDD) saw its shares slide 3.97% in pre-market trading Tuesday after the company released third-quarter results that came in below Wall Street expectations, underscoring slowing revenue growth and intensifying competition in China’s e-commerce sector. For the three months ending September 30, 2025, Pinduoduo reported adjusted earnings of RMB21.08 ($2.96) per share, missing…
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Futu rallies as Q3 results smash expectations thanks to record trading activity
Futu Holdings Limited (NASDAQ:FUTU) climbed 3.1% on Tuesday after the online brokerage posted third-quarter results that blew past analyst forecasts, powered by record-breaking trading volumes and accelerating client growth across its global markets. For the quarter ending September 30, 2025, the company delivered adjusted earnings of HK$22.80 per ADS, well ahead of the HK$18.00 Wall…
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Strategy Inc adds another 8,178 bitcoin in $836 million purchase
Corporate treasury firm Strategy Inc. (NASDAQ:MSTR) disclosed in a regulatory filing that it acquired an additional 8,178 bitcoin last week, spending roughly $835.6 million to expand its already massive holdings. The latest purchase brings the company’s total stash to 649,870 BTC, valued at approximately US$48.4 billion based on current market prices. Strategy noted that most…
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Baidu beats Q3 expectations as rapid AI cloud expansion lifts results; shares move higher
Baidu’s (NASDAQ:BIDU) shares rose more than 2% in premarket trading on Tuesday after the Chinese tech giant delivered third-quarter results that exceeded Wall Street expectations on both profit and revenue, thanks to continued momentum in its fast-growing AI cloud operations. The company reported earnings per share of RMB11.12, comfortably topping the RMB8.37 analyst estimate. Total…
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Weibo shares advance after Q3 profit meets forecasts despite softer revenue
Weibo Corporation (NASDAQ:WB) rose 2.5% on Tuesday after the Chinese social media platform posted third-quarter earnings that aligned with analyst expectations, even though revenue came in slightly below forecasts and declined from a year earlier. The company delivered adjusted earnings of $0.42 per share, in line with consensus estimates. Quarterly revenue totaled $442.3 million, just…
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Elbit Systems surges as booming defense demand pushes backlog to a record $25.2 billion
Elbit Systems Ltd. (NASDAQ:ESLT) climbed 5.1% on Tuesday after the Israeli defense technology group delivered third-quarter results that far outpaced Wall Street forecasts, fueled by escalating global defense spending and heightened tensions in the Middle East. The company reported adjusted earnings of $3.35 per share, easily surpassing the $2.48 analyst estimate. Quarterly revenue came in…
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Bitcoin falls back under $90,000 as fading Fed-cut hopes fuel a broader risk-off shift
Bitcoin (COIN:BTCUSD) slid below the $90,000 mark on Tuesday for the first time in almost seven months, as doubts over the Federal Reserve’s next policy steps and continued delays in key U.S. economic data sapped demand for speculative assets. As of 00:22 ET (05:22 GMT), the world’s largest cryptocurrency was down 5.4% at $90,091.5. Over…
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Oil Pulls Back as Russian Exports Restart; Market Evaluates Sanctions Fallout
Oil prices slipped on Tuesday, easing nearly 1% after supply fears diminished when loadings resumed at a key Russian export hub that had been briefly disrupted by a Ukrainian drone and missile strike. Traders also continued to weigh how Western sanctions could reshape Russian crude flows in the months ahead. By 07:20 GMT, Brent crude…
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Gold Declines as Rate-Cut Expectations Fade; Traders Look to September Jobs Report
Gold prices retreated in Asian trading on Tuesday, adding to recent weakness as traders grew increasingly doubtful that the Federal Reserve will move ahead with a December rate cut. The shift in expectations strengthened the U.S. dollar, reducing appetite for non-yielding assets such as gold. Uncertainty ahead of this week’s long-delayed September nonfarm payrolls report…
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Dollar Moves Lower After Dovish Fed Comments; Investors Await Key U.S. Data Releases
The U.S. dollar softened on Tuesday, pressured by dovish commentary from a Federal Reserve official as traders looked ahead to a series of economic releases that could shape expectations for the Fed’s final policy decision of the year. At 04:15 ET (09:15 GMT), the Dollar Index — which measures the greenback against six major peers…