US existing home sales fall for second straight month in April
WASHINGTON (Reuters) – U.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices weighed on…
Day: May 22, 2024
Hedge funds buy Chinese stocks for fourth consecutive week
By Summer Zhen HONG KONG (Reuters) – Global hedge funds added to their holdings of Chinese equities for a fourth…
Temu-parent PDD Holdings beats first-quarter revenue estimates
By Casey Hall and Akash Sriram (Reuters) -PDD Holdings beat first-quarter revenue estimates on Wednesday, powered by strong adoption of…
Target issues weak forecast as shoppers pull back; shares tumble
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday said it expects consumer caution to persist after it…