Market-Moving News for August 29th
Portfolio Pulse from ryanfaloona@benzinga.com
PDD Holdings reported Q2 adjusted EPADS of $1.44, beating the $1.01 estimate, and sales of $7.21B, beating the $6.07B estimate. Globalstar appointed Dr. Paul Jacobs as CEO and announced an agreement to license XCOM Labs technology. UP Fintech Holding reported Q2 adjusted EPADS of $0.10, beating the $0.04 estimate, and sales of $66.05M, beating the $44.65M estimate.
August 29, 2023 | 12:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Globalstar appointed Dr. Paul Jacobs as CEO and announced an agreement to license XCOM Labs technology.
The appointment of a new CEO and the licensing agreement with XCOM Labs could positively impact Globalstar's stock in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
PDD Holdings beat Q2 estimates with adjusted EPADS of $1.44 and sales of $7.21B.
PDD Holdings' better-than-expected Q2 results could lead to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
UP Fintech Holding beat Q2 estimates with adjusted EPADS of $0.10 and sales of $66.05M.
UP Fintech Holding's better-than-expected Q2 results could lead to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100