PDD Holdings (PDD) co-CEO “saw a positive shift in consumer sentiment.” The stock jumps on 2Q earnings. Nio Inc. (NIO) falls as losses widen and revenue declines. The company sees 3Q deliveries of between 55.0K-57.0K. NIO’s total deliveries fell 6.1% year-over-year. Alphabet’s (GOOGL) Google Cloud is to announce new A.I. tools today. It’s suite of A.I. tools will also be available for corporate Gmail accounts and workspace products. Jeff Pierce discusses these names and talks about how President Biden reveals ten prescription drugs subject to price negotiations. Tune in to find out more about the stock market today.
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