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In the closing of the recent trading day, PDD Holdings Inc. Sponsored ADR (PDD) stood at $117.77, denoting a -0.18% change from the preceding trading day.
The company behind the popular Roomba vacuums revealed severe financial instability, highlighting declining revenue and mounting losses. CEO Colin Angle acknowledged the challenges, stating, "We recognize the significant financial headwinds ahead, and we are evaluating all strategic alternatives to ensure the company's survival." Meanwhile, iRobot's costly restructuring efforts -- including a 50% workforce reduction -- have yet to yield stability.
The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) ended Wednesday's session in positive territory as recent tech laggards Nvidia (NVDA) and Tesla (TSLA) caught some relief in the trading day. Yahoo Finance senior markets reporter Josh Schafer explains the day's biggest market themes, including the political and economic uncertainty President Trump's tariffs continue to throw at equity markets. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
Intuitive Machines (NASDAQ: LUNR) stock saw big gains in Wednesday's trading. The company's share price closed out the day's trading up 14.5% and had been up as much as 18.1% earlier in the session. Intuitive Machines stock saw a rebound today as new information about its failed lunar landing mission emerged.
UiPath (PATH) delivered earnings and revenue surprises of 36.84% and 0.26%, respectively, for the quarter ended January 2025. Do the numbers hold clues to what lies ahead for the stock?
SentinelOne (S) delivered earnings and revenue surprises of 300% and 1.57%, respectively, for the quarter ended January 2025. Do the numbers hold clues to what lies ahead for the stock?
American Eagle (AEO) delivered earnings and revenue surprises of 8% and 0.24%, respectively, for the quarter ended January 2025. Do the numbers hold clues to what lies ahead for the stock?
Adobe (ADBE) delivered earnings and revenue surprises of 2.21% and 1.06%, respectively, for the quarter ended February 2025. Do the numbers hold clues to what lies ahead for the stock?
Adobe beat analyst estimates for its fiscal first quarter but offered mixed guidance for the current period. Adobe stock fell late.
Investing.com -- UiPath Inc shares fell 17% in extended trading after the automation software company issued a weaker-than-expected revenue forecast for fiscal 2026.