Latest news with #Temu
Sydney Morning Herald
7 hours ago
- Business
- Sydney Morning Herald
It's hard to admit, but we can all learn something from Elon Musk
This is not something I ever imagined I'd find myself saying, but I think we could all learn something from Elon Musk, particularly when it comes to money habits and ideology. I know, I know. At first glance, it's difficult to see what any of us normal people who pay mortgages, fly economy and budget for groceries each week have in common with the world's richest living individual, but stay with me. This week, Musk announced that after four months of serving as the unofficial BFF of President Donald Trump he is going to say goodbye to Washington and is stepping down from his role as a top government adviser. Like so many friendships between the mega-rich, it looks like the two have had an ideological falling out over … yep, you guessed it, money. As you'll no doubt remember, Musk has been a key fixture of the White House since Trump's return thanks to his role as the head of the Department of Government Efficiency (DOGE), where he and a bunch of young and extremely inexperienced tech bros (who called themselves 'Muskrats' due to their idolisation of the Tesla CEO) attempted to cut down on 'wasteful' government spending. This included things like slashing 300,000 government jobs and cutting funding to research programs aimed at raising US literacy rates in schools. When the Tesla CEO began talking about his plans for DOGE in October last year during the presidential campaign, Musk said the agency would be able to find 'at least $US2 trillion ($3.1 trillion)' in cuts – a third of the entire US federal budget – which he saw to be 'a target-rich environment for saving money'. Challenging ourselves is essential if we want to understand our reasons for spending or saving the way that we do, and to get better at it. By January, Musk had wound that estimate back, saying that $US2 trillion would be the 'best-case outcome', and that more likely, the cuts would be closer to the tune of half of that figure – $US1 trillion. This number, he said, would still be 'an epic outcome'. Now that he's on his way out, Musk is saying his final DOGE cuts figure is actually closer to $US175 billion (though audits suggest the true figure is far less than this). In terms of delivering Trump the 'savings' that were promised, it really is the Temu version showing up on his doorstep.
The Age
7 hours ago
- Business
- The Age
It's hard to admit, but we can all learn something from Elon Musk
This is not something I ever imagined I'd find myself saying, but I think we could all learn something from Elon Musk, particularly when it comes to money habits and ideology. I know, I know. At first glance, it's difficult to see what any of us normal people who pay mortgages, fly economy and budget for groceries each week have in common with the world's richest living individual, but stay with me. This week, Musk announced that after four months of serving as the unofficial BFF of President Donald Trump he is going to say goodbye to Washington and is stepping down from his role as a top government adviser. Like so many friendships between the mega-rich, it looks like the two have had an ideological falling out over … yep, you guessed it, money. As you'll no doubt remember, Musk has been a key fixture of the White House since Trump's return thanks to his role as the head of the Department of Government Efficiency (DOGE), where he and a bunch of young and extremely inexperienced tech bros (who called themselves 'Muskrats' due to their idolisation of the Tesla CEO) attempted to cut down on 'wasteful' government spending. This included things like slashing 300,000 government jobs and cutting funding to research programs aimed at raising US literacy rates in schools. When the Tesla CEO began talking about his plans for DOGE in October last year during the presidential campaign, Musk said the agency would be able to find 'at least $US2 trillion ($3.1 trillion)' in cuts – a third of the entire US federal budget – which he saw to be 'a target-rich environment for saving money'. Challenging ourselves is essential if we want to understand our reasons for spending or saving the way that we do, and to get better at it. By January, Musk had wound that estimate back, saying that $US2 trillion would be the 'best-case outcome', and that more likely, the cuts would be closer to the tune of half of that figure – $US1 trillion. This number, he said, would still be 'an epic outcome'. Now that he's on his way out, Musk is saying his final DOGE cuts figure is actually closer to $US175 billion (though audits suggest the true figure is far less than this). In terms of delivering Trump the 'savings' that were promised, it really is the Temu version showing up on his doorstep.
Yahoo
18 hours ago
- Business
- Yahoo
PDD Holdings Inc. (PDD): A Bull Case Theory
We came across a bullish thesis on PDD Holdings Inc. (PDD) on LongYield's Substack. In this article, we will summarize the bulls' thesis on PDD. PDD Holdings Inc. (PDD)'s share was trading at $97.88 as of 28th May. PDD's trailing and forward P/E were 10.53 and 7.76 respectively according to Yahoo Finance. Pixabay/Public domain PDD Holdings Inc., the parent company of Pinduoduo and Temu, delivered strong top-line growth in Q1 2025, with revenue rising 10% year-over-year to RMB 95.7 billion (US$13.184 billion), driven by robust performance in online marketing and transaction services. While near-term profitability declined—operating profit fell 38% and net income dropped 47%—these figures reflect PDD's deliberate and strategic reinvestment into its ecosystem. The company significantly ramped up spending in sales and marketing (+43%) and R&D (+23%) to strengthen its merchant base, upgrade supply chains, and support long-term competitiveness. This aggressive reinvestment positions PDD for sustained value creation, especially as consumer behavior increasingly favors affordable, high-quality offerings—PDD's core strength. With a powerful balance sheet, including RMB 364.5 billion (US$50.3 billion) in cash and short-term investments and no significant debt, the company is well-capitalized to weather macro uncertainties and accelerate its global expansion through Temu. The international platform continues to gain traction and, with careful navigation of geopolitical risks, could become a major growth engine. PDD's unique value-for-money positioning, group-buying model, and focus on underserved SMEs differentiate it from peers like Alibaba and Strategic initiatives such as a RMB 100 billion merchant support program, supply chain investments, and consumer incentives reinforce its ecosystem advantage. Though short-term margins are compressed, the long-term outlook remains compelling. With unmatched financial flexibility, rising global brand awareness, and a focus on sustainable growth, PDD is well-positioned to emerge as a dominant global e-commerce player over the next decade. Previously, we have covered PDD Holdings Inc. (PDD) in February 2025, wherein we summarized a bullish thesis by Favona Hathaway on Substack. The company was highlighted for its rapid growth, strong financials, and dominant position in value-for-money e-commerce through its C2M model and global expansion via Temu. The article noted PDD's impressive revenue and profit CAGR since 2021, minimal debt, and potential for a 144% market cap upside by 2029, despite geopolitical and macroeconomic risks. Since our last coverage, the stock is down 21% as of 28th May. PDD Holdings Inc. (PDD) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 87 hedge fund portfolios held PDD at the end of the first quarter which was 85 in the previous quarter. While we acknowledge the risk and potential of PDD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than PDD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 hours ago
- Business
- Yahoo
Down 17% in a week and on a P/E of 10! Should I buy this dirt cheap value stock?
Chinese stocks are normally valued at a discount to their US peers, even if they're in hyper-growth mode. Take PDD Holdings (NASDAQ: PDD), which is a Chinese e-commerce company that trades at the sort of valuation you'd expect to see from a FTSE 100 value stock. The Temu owner grew its revenue and earnings by 59% and 78%, respectively, last year. Yet the stock has tumbled 17% in a week and now trades at a price-to-sales (P/S) ratio of 2.6 and a price-to-earnings (P/E) multiple of just 10.5. At first glance, this looks unjustifiably cheap. So, should I add this value stock to my portfolio? Let's find out. Firstly, it's worth pointing out why US-listed Chinese stocks trade at such a wide discount to American peers. It all boils down to regulatory risk, as China's tech companies can quickly fall foul of regulators and have them breathing down their necks for all sorts of reasons. For example, as well as its international Temu shopping platform, PDD operates Pinduoduo in China. It focuses on value-for-money merchandise and has a strong emphasis on agricultural products, directly connecting farmers with consumers. It has had great success taking market share from larger e-commerce rivals like Alibaba in recent years. However, President Xi Jinping wants more 'high-quality development' in the Chinese economy, with fewer counterfeit goods. In response to these concerns, Pinduoduo has initiated efforts to enhance product quality. Last year, PDD said it was 'prepared to accept short-term sacrifices' to 'vigorously support high-quality merchants'. I read this as a clear signal that the firm's profits were going to come down significantly. To be fair, management was honest about this, saying: 'In the long run, the decline in our profitability is inevitable'. Essentially, Chinese companies have to align themselves with what the government wants. And this often doesn't involve the maximisation of shareholder profits, which puts off a lot of investors. Hence why most Chinese stocks trade at cheap multiples. And geopolitical risk associated with US-China tensions only adds to the downwards pressure. But it's not all domestic issues, including weak Chinese consumer spending, for PDD. Temu's explosive growth has relied on shipping low-cost goods to US consumers directly from Chinese merchants. However, President Trump has abolished the de minimis tax exemption that encouraged this, as well as slapping sky-high tariffs on Chinese imports. In Q1, PDD's revenue grew just 10% to $13.2bn, a significant deceleration. Meanwhile, profits fell nearly 50% to $2bn! The risk here is that Temu users face paying far higher costs, which could undermine the platform's raison d'être (dirt cheap bargains). Instead of being able to 'shop like a billionaire', as Temu puts it, consumers might have to settle for shopping like a humble millionaire. Or not at all on the app. Given the significant challenges the company faces, I don't think the earnings figures can be relied upon. In other words, the P/E ratio of 10 might be misleading if growth decelerates and margins take a hit. If a US-China trade deal is struck, perhaps PDD's strong international growth might resume. But given the murky outlook, I'm going to focus on other growth stocks for my portfolio. The post Down 17% in a week and on a P/E of 10! Should I buy this dirt cheap value stock? appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Ben McPoland has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Scottish Sun
2 days ago
- Entertainment
- Scottish Sun
I struggled to grow my hair until a 88p hack made it super long in just one month – I can't believe it
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A WOMAN who struggled to make her hair grow for two years revealed that she was able to make her locks long and luscious thanks to the help of an 88p Temu buy. Hannah Beau revealed that after using the budget buy, her hair grew super long, in just one month. Sign up for Scottish Sun newsletter Sign up 3 Hannah had been trying to grow her hair for years Credit: TikTok/Hannahbeau 3 Her hair grew long and luscious in just one month Credit: tiktok/@hannahbeauc 3 Hannah began using a scalp massager to stimulate growth Credit: Temu Taking to TikTok, the brunette beauty raved about her hair transformation. "I've accidentally come across the best product for hair growth," she said. "I'm lowkey p**ssed I didn't know about this two years ago." Hannah, who said she was "baffled" by the transformation, showed viewers a picture of her shoulder length hair in January. Read more hair care stories HAIR THIS The £6 'growth' shampoo shoppers love, but it won't be in the beauty aisle She then showed a snap of it three months later, not looking much longer. "And this is today", she said, sharing a picture of her locks tumbling down her back. Hannah revealed that there was just one month between the second and third pictures. Sharing her secret, she explained that there were only two things that she had changed about her hair care routine. The first was using a scalp brush, which you can pick up from from Temu for as little as 88p. Scalp massaging increases blood flow to the scalp, which can make hair grow faster and healthier, and increase hair thickness. My hair is so shiny you can see your reflection in it - it's all thanks to an 84p product that lasts up to 10 washes The second thing she started using was a scalp oil from Kitsch, priced at £20. "It's been doing a bloody good job," she said. "I'll have waist length hair by Christmas". The TikToker also said she thought the warmer weather may have helped her hair to grow. Hair re-growth FAQs Anabel Kingsley, Consultant Trichologist and Brand President at Philip Kingsley spoke exclusively to Fabulous. How long does it take for hair to grow back? Hair grows, on average, half an inch a month. You cannot speed this up. Do rosemary oil and scalp massages work? Oils do not promote hair growth. In terms of rosemary oil, the current trend stems from one small study carried out on 50 men in 2015. No women were involved, and the study compared the effects of 2 per cent minoxidil to Rosemary oil. 2 per cent minoxidil doesn't do much for male pattern hair loss anyway, so the results were not very impressive. Oils do serve a purpose in conditioning hair treatments though. They help add shine and smooth the hair cuticle to lock-in moisture and improve combability. Scalp massages alone won't cure hair loss, but it can help relax you, aid in lymphatic drainage, exfoliate and help topicals penetrate. Are there any products or foods/vitamins you recommend someone using or eating to help with hair regrowth? To support healthy hair regrowth, if you are experiencing hair thinning we'd recommend our Density Preserving Scalp Drops clinically proven to help slow hair loss with continued daily use within three months. Telogen effluvium (hair shedding) due to nutritional deficiencies can often be simply treated with changes to your diet, and nutritional supplements such as our specially formulated Density Healthy Hair Complex and Density Amino Acid Booster. Iron and Ferritin (stored iron) in red meat, dried apricots and dark, leafy greens. Vitamin B12 in animal products and fortified plant-based foods. Protein from oily fish, lean meat, cottage cheese, tofu, nuts, chickpeas, and beans. However, there may be an underlying cause for their hair loss and rather than this being masked by using an off-the-shelf product, they should be encouraged to seek the advice of a specialist such as a Trichologist. Hair grows faster in the summer due to a variety of reasons, such as increased blood circulation due to warmer temperatures and increased vitamin D production. Hannah's (@hannahbeauc) video has likely left many people impressed, as it has racked up over 873,000 views on the video sharing platform. TikTok users raced to the video's comments section to share their thoughts. One person said: "Scalp massagers deffo help because you're stimulating your hair follicles." A second person said: "Wow! I think it's because you're stimulating your scalp." A third person said: "Your hair journey has been so beautiful, I'm so happy for you!"
