PDD ‘s tumble of nearly 30% last week on disappointing quarterly results is a reminder that China’s consumer has largely moved on from its years of double-digit growth. The slowdown shows few signs of turning around soon. That doesn’t mean it’s a sell across the board. PDD’s revenue grew by…

Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in a bid to grab more viewership — especially for its growing streaming platform, Peacock.It appears to have paid off so far — more than 30 million people…

About SPLG This article series includes every month a dashboard with sector metrics in the S&P 500 index. It may help investors spot the sectors with the most (and least) attractive fundamentals. It may also serve as a top-down analysis of all funds tracking the S&P 500. Among them, SPDR…

Amazon’s checkout function encountered technical issues on Friday, keeping customers from completing purchases. The e-commerce site displayed error messages with photos of dogs during the outage as people posted about it on social media.To run its website, Amazon relies on its own data center infrastructure. But the company’s Amazon Web…

In 2021, I was 36 years old, and I had a big year. Thanks to the income streams that grew from my blog and podcast, I started making enough passive income to quit my 9-to-5. This financial freedom made me start to think about what other goals I wanted to achieve,…

Investment Thesis Airlines have a bad reputation with many investors because of their low profit margins and cyclical nature of the business. Allegiant Travel Company (NASDAQ:ALGT) has lived up to the bad reputation of airline stocks over the past year with shares down more than 50%. In this analysis, I…

Warren Buffett turned 94 on Friday and his sprawling, one-of-a-kind conglomerate has never been worth more than it is today.Berkshire Hathaway became the first non-technology company to top a $1 trillion market capitalization this week. Berkshire Class A shares also topped $700,000 apiece for the first time ever.Howard Marks, a…

Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to enact its first interest rate reduction in more than four years.The Commerce Department reported Friday that the personal consumption expenditures price index rose 0.2% on the month and was up…

China’s economic landscape is undergoing a profound transformation, marked by significant shifts in its growth engines. The evolving composition of China’s economic drivers is likely to have long-term implications for global economies and asset markets, necessitating a re-evaluation of which sectors and asset classes stand to gain or lose from…

The harmonized German consumer price index eased to 2% in August, coming in lower than analysts had expected, preliminary data from the German statistics office Destatis said Thursday.A Reuters poll had forecast the CPI would come in at 2.3%. In July, the harmonized CPI figure was 2.6% on an annual…