Heavily followed China stocks like Alibaba (BABA) and JD.com (JD) remain mired in multiyear slumps, while PDD (PDD), parent of Amazon.com (AMZN) rival Temu, has retreated...
Temu burst onto the American shopping scene with a 2023 Super Bowl ad promising ultralow prices that let users “shop like a billionaire” on its website....
The stock market rallied for the week, with Friday’s weaker-than-expected jobs report bolstering a relatively dovish Federal Reserve and Fed chief Jerome Powell on Wednesday. The...