Trump Signs Law to Launch Dollar 2.0
Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.
| Open | 135.07 | Prev Close | 136.74 |
| High | 136.15 | Low | 133.50 |
| Volume | 5,740,764 | Volume (Avg) | 8,595 |
| 52 Week High | 139.41 | 52 Week Low | 87.11 |
| Market Cap | 188.6B | PE Ratio | 14.70 |
General
| Name | PDD Holdings Inc ADR |
| Ticker | PDD |
| Exchange | NASDAQ |
| Sector | Consumer Cyclical |
| Industry | Internet Retail |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 23,465 |
About PDD Holdings Inc ADR
PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo platform which provides various product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness, and auto accessories; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.
Highlights
| Analyst Target | 145.69 |
| Market Cap | 188,567,200,000 |
| PE Ratio | 14.70 |
| PEG Ratio | 1.33 |
| EBITDA | 92,433,162,240 |
Valuation
| Trailing PE | 14.65 |
| Forward PE | 11.59 |
| Price/Sales (Trailing 12 Mt.) | 0.47 |
| Price/Book (Most Recent Quarter) | 3.78 |
Technicals
| Beta | 0.05 |
| 52 Week High | 139.41 |
| 52 Week Low | 87.11 |
| 50 Day Average | 4.00% |
| 200 Day Average | 16.61% |
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