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Global tensions rise as cyber espionage, chip export risks, and AI competition intensify across Meta, Google, NVIDIA, and OpenAI ecosystems.
https://www.fedex.com/en-mo/service-news/eu-customs-reform/de-minimis.html
Alibaba (BABA) stock slips 4.51% to $110.18 premarket as an intense regulatory holiday crackdown clashes with an official U.S. Pentagon military-linked blacklist.
China is lagging the US badly in the AI race as top stocks like Alibaba, Tencent, and PDD Holdings plunge amid US stocks surge
Weak guidance, analyst target cuts and declining energy prices weighed on Zscaler, AutoZone, PDD Holdings and other large-cap stocks, making them last week's biggest losers.
Barclays analyst Jiong Shao downgrades PDD Holdings (NASDAQ:PDD) from Overweight to Equal-Weight and lowers the price target from $165 to $89.
Macquarie analyst Ellie Jiang downgrades PDD Holdings (NASDAQ:PDD) from Outperform to Neutral and lowers the price target from $151 to $87.
Bernstein analyst Robin Zhu maintains PDD Holdings (NASDAQ:PDD) with a Market Perform and lowers the price target from $132 to $110.
Benchmark analyst Fawne Jiang maintains PDD Holdings (NASDAQ:PDD) with a Buy and lowers the price target from $160 to $127.
https://ec.europa.eu/commission/presscorner/detail/en/ip_26_1178