News Formal

Jim Cramer says Temu parent plunge is why he doesn't like China stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 24 min. at publisher
  • 📊 Quality Score:
  • News: 90%
  • Publisher: 72%

China 뉴스

Physical Fitness,Sports,Aerospace And Defense Industry

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio.

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. PDD Holdings : Shares of the Chinese online retailer plunged nearly 30% on Monday. PDD reported a revenue miss. PDD is the parent company of Temu, which has blitzed U.S. social media with ads to broaden its shopper base. "China tech stocks, I have such a problem with them," Jim Cramer said on Monday. He pointed out that the spillover from PDD to Alibaba, down 5.5%, is not right.

Kroger , Albertsons : The proposed merger between the two supermarket companies is heading to federal court on Monday. Kroger and Albertsons say they need to merge to compete with the likes of Costco , which is a holding in the CNBC Investing Club portfolio. Regulators who oppose the deal say it would reduce competition. "The FTC is going to fight tooth and nail," Cramer said, because the agency has a tough history of blessing deals like this in the past.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Jim Cramer's top 10 things to watch in the stock market MondayThe S&P 500 enters the new week of trading less than 1% away from its all-time high set in July.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Jim Cramer's top 10 things to watch in the stock market ThursdayCiti backs Nvidia ahead of earnings, while James Gorman is in charge of Disney's succession planning.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Jim Cramer's top 10 things to watch in the stock market WednesdayTJX Companies and Target reported strong earnings reports before the opening bell.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Jim Cramer's top 10 things to watch in the stock market TuesdayThe market has entered into overbought territory after an eight-day win streak for the S&P 500.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Jim Cramer's top 10 things to watch in the stock market MondayAMD is buying a company to help it rival leading AI chipmaker Nvidia. Meanwhile, the Fed's Jackson Hole symposium will be all anyone can talk about.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »