Temu parent PDD Holdings ( PDD ) stock is trading higher on Monday after the company reported fiscal second-quarter 2025 results. Revenue grew 7% year-on-year (Y/Y) to $14.52 billion (103.98 billion Chinese yuan), topping the analyst consensus estimate of $14.35 billion. During the earnings conference call, PDD executives highlighted steady growth in retail sales and expressed strong confidence in the long-term potential of China's consumer market. Also Read: PDD Margins Fall On...

09:03 AM EDT, 08/25/2025 (MT Newswires) -- Intel ( INTC ) shares rose early Monday following the company's announcement last week that the US government agreed to acquire a 9.9% stake in the chipmaker, as part of an $8.9 billion investment deal with the Trump administration. The US government will purchase 433.3 million shares of Intel ( INTC ) at...

Aug 25 (Reuters) - Abbvie Inc ( ABBV ): * ABBVIE TO ACQUIRE GILGAMESH PHARMACEUTICALS' BRETISILOCIN, A NOVEL, INVESTIGATIONAL THERAPY FOR MAJOR DEPRESSIVE DISORDER, EXPANDING PSYCHIATRY PIPELINE * ABBVIE INC ( ABBV ) - TO BUY BRETISILOCIN PROGRAM FOR UP TO $1.2 BILLION * ABBVIE ( ABBV ) - GILGAMESH WILL SPIN OFF A NEW ENTITY THAT WILL OPERATE UNDER...

ZURICH, Aug 25 (Reuters) - Swiss Post said on Monday it would from Tuesday temporarily suspend accepting goods consignments to the United States due to new U.S. customs regulations. Swiss Post is working on solutions to ensure goods consignments can be shipped again as soon as possible, it said in a statement, noting that the new U.S. regulations were affecting...