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Barclays lowered its price target for Pinduoduo (PDD.O) from $165 to $89.

2026-05-29

Barclays lowered its price target for Pinduoduo (PDD.O) from $165 to $89.

Other News
2026-05-29

China Securities Index Co. will rebalance constituents for the CSI 300, CSI 500, CSI 1000, CSI A50, CSI A100 and CSI A500 effective after the close on June 12, 2026. Changes: CSI 300 replaces 19 constituents; CSI 500 replaces 50; CSI 1000 replaces 10

China Securities Index Co. will rebalance constituents for the CSI 300, CSI 500, CSI 1000, CSI A50, CSI A100 and CSI A500 effective after the close on June 12, 2026. Changes: CSI 300 replaces 19 constituents; CSI 500 replaces 50; CSI 1000 replaces 100; CSI A50 replaces 5; CSI A100 replaces 9; CSI A500 replaces 34.
2026-05-29

UN spokesperson Stephane Dujarric said on the 28th the UN is reviewing reports that the US and Iran have reached a 60‑day memorandum of understanding. The UN expressed concern about the latest US‑Iran exchanges, urged both parties to comply with the

UN spokesperson Stephane Dujarric said on the 28th the UN is reviewing reports that the US and Iran have reached a 60‑day memorandum of understanding. The UN expressed concern about the latest US‑Iran exchanges, urged both parties to comply with the ceasefire arrangement, and reiterated a call to restore freedom of navigation through the Strait of Hormuz. UN Secretary‑General António Guterres has warned sustained disruption to traffic in the Strait would have serious global economic consequences and called for a toll‑free, open Strait of Hormuz.
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