Streetbeat News

Regulatory

PDD

PDD Holdings is recommended as a strong buy due to its projected 37% CAGR over two years and a 43.5% margin of safety. The company is outperforming competitors like JD and Alibaba in revenue growth and is expanding internationally. Key risks include regulatory scrutiny and ethical sourcing challenges.

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November 16, 2024 | 10:00 am

TGT

WMT

Target is more vulnerable than Walmart to potential trade changes due to its higher reliance on imported goods like apparel and housewares, whereas Walmart sources more products domestically.

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November 16, 2024 | 9:30 am

D

Dominion Energy has been upgraded due to its potential for growth driven by offshore wind and modular nuclear reactor projects, alongside a 4.75% dividend yield. The company is positioned to benefit from rising AI data center demand, despite regulatory risks.

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November 16, 2024 | 9:15 am

VGK

VGK ETF is facing challenges due to potential tariffs from Trump's victory, trade disruptions, and economic slowdowns in Europe and China. Despite past resilience, VGK's exposure to industrial and consumer discretionary sectors makes it vulnerable.

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November 16, 2024 | 7:30 am

IDE

IGA

Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) announced their monthly distribution payments as part of their Managed Distribution Plan, following approval by the Board of Trustees.

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November 16, 2024 | 2:00 am

HPH

Highest Performances Holdings Inc. (NASDAQ: HPH) has filed its annual report for the fiscal year ended June 30, 2024, on Form 20-F with the SEC. The report includes audited financial statements and is available on the SEC's website and the company's Investor Relations page.

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November 16, 2024 | 1:15 am

SMCI

Super Micro Computer (SMCI) shares surged over 18% in extended trading after reports that the company plans to file a delayed annual report to avoid delisting.

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November 16, 2024 | 1:15 am

ASML

The Schall Law Firm is urging shareholders to participate in a class action lawsuit against ASML Holding N.V. for alleged securities fraud violations. The lawsuit claims ASML violated sections of the Securities Exchange Act of 1934.

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November 16, 2024 | 1:15 am

TMUS

T-Mobile's network was compromised in a significant Chinese cyber-espionage operation targeting multiple U.S. and international telecom companies, as reported by The Wall Street Journal.

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November 16, 2024 | 12:45 am

NUMIF

Numinus Wellness Inc. has applied for a Management Cease Trade Order (MCTO) from the British Columbia Securities Commission to gain more time to finalize its audited annual financial statements and related documents for the year ended August 31, 2024.

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November 16, 2024 | 12:45 am