Trump Signs Law to Launch Dollar 2.0

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

PDD Holdings Inc ADR
NASDAQ:PDD
$115.8
Open 116.01 Prev Close 114.00
High 118.54 Low 115.50
Volume 7,850,790 Volume (Avg) 8,501
52 Week High 139.41 52 Week Low 87.11
Market Cap 161.2B PE Ratio 12.09

General

NamePDD Holdings Inc ADR
TickerPDD
ExchangeNASDAQ
SectorConsumer Cyclical
IndustryInternet Retail
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees23,465

About PDD Holdings Inc ADR

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo platform which provides various product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness, and auto accessories; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

Highlights

Analyst Target146.77
Market Cap161,211,000,000
PE Ratio12.09
PEG Ratio1.23
EBITDA93,147,258,880

Valuation

Trailing PE11.76
Forward PE9.24
Price/Sales (Trailing 12 Mt.)0.39
Price/Book (Most Recent Quarter)2.94

Technicals

Beta0.08
52 Week High139.41
52 Week Low87.11
50 Day Average-11.03%
200 Day Average-1.18%

Earnings

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