$PDD HOLDINGS Q2’26 EARNINGS HIGHLIGHTS
🔹 Revenue: RMB112.4B (Est. CN¥116.35B) 🔴; +8% YoY
🔹 Adj. EPS: RMB19.33 (Est. CN¥18.22) 🟢
🔹 Adj Oper Profit: RMB29.1B (Est. CN¥27.12B) 🟢; +5% YoY
🔹 Adj Net Income: RMB28.5B (Est. CN¥27.19B) 🟢; -13% YoY
Segment Revenue:
🔹 Online Marketing Services: RMB57.6B; vs RMB55.7B LY
🔹 Transaction Services: RMB54.7B; +13% YoY
Other Q2 Metrics:
🔹 Sales & Marketing: RMB29.7B; vs RMB27.2B LY
🔹 R&D: RMB4.6B; vs RMB3.6B LY
🔹 Oper Cash Flow: RMB25.7B; vs RMB21.6B LY
🔹 Cash & Short-Term Investments: RMB456.4B
Key Updates:
🔹 Net income fell 12% YoY even as operating profit rose 8% — driven by other loss, net of RMB7.4B vs RMB119M of income LY
Comments:
🔸 “We stepped up our ecosystem investments in the second quarter,”
🔸 “global trade and regulatory landscapes have continued to evolve, creating significant challenges while also presenting new opportunities”
SPY 4H..
Clear trend of short term pump towards ~655 then continue down to 600-615 major support areas. Just technicals, but watching the news also.
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@Mr_Derivatives Pull back to ~535 to bring down daily macd/rsi, this flattens the curling weekly macd.Than we push back up above current levels to start small upward channel because of uncertainty 🤷🏼♂️🤔