PDD Dethrones Alibaba📱INSM GME 📈 DKNG CELH📉

FlowBank's hand-curated fresh financial news [header_noDither] PDD Surpasses Alibaba as China's Leading E-commerce Giant PDD Holdings, the parent company of Pinduoduo and Temu, has become China's most valuable e-commerce company with a market cap of $208 billion, surpassing Alibaba's $196 billion. PDD's value-for-money approach and the rapid growth of Temu have driven this success. In the first quarter, PDD's net income surged 246%, while Alibaba's dropped 86%. PDD's international expansion, particularly with Temu's success in the U.S. and other countries, has contributed significantly to its leading position. WHAT'S MOVING [Group 1742 (6)-3] [Start Trading](113/cXx8Z04/VW7K2w725SMgVr9rxJ7vkbwrW7MhRLh5fGjzLN4vJDL82-ZVTW6N1vHY6lZ3pSW2hnksP2F0FvpW8cXnSB46zfd3VBt2_X37pjn9VTBrnD6_6vG6W67yGNc1VN8wgW13MpkD7gylV2N3WFzzmPdxL8W8QD2FZ5M4601N65DcRNwVpqjN4rPJ10PlBBmW1HLXQK2kcnb2W828kdt710q8yW5shBY66w6KSKN7bHck1RxYnzW6H614x1XggHxW2J90dr3JDqPnW1w9l8N4h4f2XW5PgvWm1ZrJqFW8Kd7xJ1YZRXNW10Q5DY6T4CXNVZcfSv926ynJVFS-4J5rPY8xdFhCPx04) [Group 3 (5)-4] Hubspot HubSpot shares surged nearly 9% following reports that Google is considering an acquisition deal to enhance its marketing and CRM capabilities [Group 1754 (6)-1] T-Mobile T-Mobile announced a $4.4 billion deal to acquire most of US Cellular’s operations, aiming to expand its coverage and improve its network infrastructure [Group 1753 (7)-1] Semler Scientific Semler Scientific's stock price skyrocketed after the company revealed its new strategy to incorporate Bitcoin into its treasury management​ WHAT'S COMING UP? EUR: German CPI (MoM) (May): Exp. 0.2% v Prev. 0.5% IN OTHER NEWS Wall Street Yesterday, the Nasdaq rose 0.59%, the S&P 500 gained 0.24%, while the Dow Jones fell 0.39%. Tech stocks led the Nasdaq, but rising bond yields and hawkish Fed comments weighed on the Dow​ [Group 1769] Europe European stock markets fell yesterday, with the Stoxx 600 down 0.8%. The FTSE 100 dropped 0.76%, the DAX decreased 0.52%, and the CAC 40 fell 0.92%, driven by concerns over economic growth, inflation, and central bank policies​. MARKET INSIGHTS Flying Cars? Is Xpeng the Next Big Thing? Is Now the Time to Invest in Xpeng AeroHT and Its Flying Cars?This division of Xpeng Motors has been making exciting headlines, but are we seeing a blip or the birth of a new industry? 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