... Corporate Earnings: Pinduoduo, HEICO, and More On August 25, market attention will also be on the earnings reports of several large publicly traded companies for the past quarter. Among the most significant: PDD Holdings (PDD) – Chinese e-commerce platform (owner of Pinduoduo). The company will present its Q2 results before the opening of the U.S. market. Analysts expect net income to decline compared to last year, despite revenue growth, due to costs associated with business expansion and moderate ...

... offerings. In the U.S., the situation on the IPO market has significantly improved as well. The fintech unicorn Chime debuted on the stock exchange in the summer, with its shares rising by approximately 30% on the first trading day. Following it, the design platform Figma conducted an IPO, raising about $1.2 billion at an estimated valuation of around $15-20 billion; its stock prices confidently surged in the first days of trading. In the second half of 2025, other well-known startups, including the payment ...

... to actively participate in public offerings. In the U.S., the IPO market also saw significant improvement. Fintech “unicorn” Chime went public this summer, with its shares rising by about 30% on the first day of trading. Following it, the design platform Figma conducted its IPO, attracting around $1.2 billion at an estimated valuation of $15-20 billion; its share prices went up steadily in the first few days of trading. Several well-known startups, including payment service Stripe and a number ...

... the dynamics of the oil and gas sector. Apart from macroeconomic factors, the corporate earnings season continues: although there are fewer significant reports, several major U.S. companies will announce their results today, including the advertising platform The Trade Desk and consumer goods manufacturer Kenvue. Russian investors are keeping an eye on domestic corporate events, such as the repeated shareholder meeting of "Rusagro" concerning dividends. Below, we will examine the key themes ...

... the tech sector. Meanwhile, other parts of Asia are witnessing some positive signals. India has managed to maintain its venture financing volume at a stable level – large rounds are being secured by fintech and e-commerce projects. For example, the platform Jumbotail raised about $120 million for the development of online trading, while the startup Meesho is reportedly preparing for an IPO aimed at raising ~$500 million. Additionally, the Indian government launched a special fund of INR 5 billion ...