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During the latest earnings season, consumer-facing companies have observed a shift in shopping behaviors towards value-seeking. Lei Chen, co-CEO of PDD Holdings, the parent company of Chinese e-commerce platform Temu, has coined
Cisco Systems (CSCO) has announced it will cut about 7% of its workforce as part of its strategic shift towards high-growth sectors such as cybersecurity and artificial intelligence (AI). This decision follows
In recent weeks, SharkNinja, a leading name in household appliances, has seen its stock skyrocket to unprecedented heights, reflecting the company’s robust performance and strategic success. Following a stellar earnings report, SharkNinja’s
Shares of Zillow Group surged on Thursday following the company’s announcement of a new CEO and its better-than-expected second-quarter financial results. The real estate services firm revealed a narrower loss of $0.07
Arm Holdings (ARM) saw its shares tumble in after-hours trading, despite reporting fiscal first-quarter earnings that exceeded expectations. The company’s stock fell over 12% after gaining more than 8% during the regular
Coca-Cola exceeded earnings expectations for the second quarter and has raised its full-year outlook amid robust global demand for its beverages. The company now anticipates organic revenue growth of 9% to 10%
