slide Archives

China’s PDD shares slide after weak consumer spending dents revenue

August 27, 2024 mpsingh No Comments Business Chinas, Consumer, dents, PDD, Revenue, Shares, slide, spending, weak

By Reuters Published Aug 27, 2024 China’s PDD Holdings missed market estimates for quarterly revenue on Monday, as reduced consumer spending dented business at its domestic e-commerce platform Pinduoduo, sending the company’s shares down more than 25% in early trade. Reuters A fragile economy, persistent weakness in the property sector and high unemployment rates, have led [...]read moreChina’s PDD shares slide after weak consumer spending dents revenue

Cucinelli stock slide hints at tough results season for luxury

July 13, 2024 mpsingh No Comments Business Cucinelli, hints, Luxury, results, Season, slide, Stock, tough

By Bloomberg Published Jul 13, 2024 Markets’ downbeat reaction to Brunello Cucinelli SpA’s solid second-quarter earnings is an ominous sign for Europe’s luxury goods companies, which likely face a tough slog this results season to placate investors’ concerns for the sector. Brunello Cucinelli Shares in the Italian cashmere house fell as much as 2.3% on [...]read moreCucinelli stock slide hints at tough results season for luxury

Gemini is about to slide into your DMs

February 26, 2024 mpsingh No Comments Technology DMs, Gemini, slide

Google’s got a round of Android and app updates in time for MWC, starting with a new way to chat with its own chatbot Gemini: right inside Google Messages. There’s also a handful of other small updates touching Android Auto, Google Docs, and a couple of new intelligent accessibility features for visually impaired people. If [...]read moreGemini is about to slide into your DMs