Palantir shares surge 15% after company posts strong earnings and outlook
Economy

Palantir shares surge 15% after company posts strong earnings and outlook

Alex Karp, chief executive officer of Palantir Technologies Inc., during a Bloomberg Technology television interview during the FoundryCon event in Palo Alto, California, US, on Thursday, March 7, 2024. David Paul Morris | Bloomberg | Getty Images Palantir shares surged as much as 23% in extended trading on Monday after the software company reported fourth-quarter […]

Temu parent PDD’s stock tumbles as Trump tariffs close trade loophole
Economy

Temu parent PDD’s stock tumbles as Trump tariffs close trade loophole

Jakub Porzycki | Nurphoto | Getty Images Shares of Temu parent PDD Holdings closed down 5.9% on Monday, after President Donald Trump’s tariffs announcement signaled the end of a trade loophole used by the Chinese e-commerce giant and other online retailers. Trump on Saturday signed executive orders imposing 25% tariffs on imports from Canada and […]