Dingdong appoints Le Yu as independent director

Dingdong (Cayman) Ltd (DDL) furnished an SEC Form 6-K — earnings release. Exhibit Index Exhibit No. Description Exhibit 99.1 Dingdong (Cayman) Limited Announces Second Quarter 2026 Financial Results SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the

Dingdong (Cayman) Limited (NYSE: DDL) reported Q2 2026 financial results, with GMV up 11.8% YoY to RMB7,265.3M (US$1,070.8M) and net income of RMB271.7M (US$40.0M). The company saw its tenth consecutive quarter of profitability. CEO Song Wang attributed growth to increased ordering users and order frequency. The company is in the process of divesting its China business to Meituan, pending regulatory approval.

Galp Energia and Equinor have been awarded an offshore oil block in Brazil's Santos Basin. Galp will own 30% of the Rodocrosita block, with Equinor operating the remaining 70%. The companies may explore synergies with the adjacent Bacalhau project, which is ramping up production and will contribute 40,000 barrels per day to Galp once fully operational.

Pinterest (PINS) appointed Amazon's James Dibbo as its new CFO. The company's stock has shown mixed performance, with a recent 7-day return of 7.52% but a 1-year return of -36.11%. Analysts have varying views on its valuation, with some seeing it as undervalued at $20.31 per share compared to a fair value estimate of $29.05, while others note its high P/E ratio of 46.2x.

Shanghai Allist Pharmaceuticals (SS:688578) shares dropped 20% after its U.S. partner ArriVent Biopharma (NASDAQ:AVBP) reported that a late-stage trial of lung cancer drug firmonertinib failed to meet its primary endpoint. The drug did not show a statistically significant improvement in progression-free survival for patients with non-small cell lung cancer.

Wells Fargo raised its 12-month price target for Meta Platforms (META) to $1,000 from $796, maintaining an 'Overweight' rating. The company reported a 28% revenue increase to $60.8 billion in Q2 2026, but faces risks from high capital expenditure and regulatory pressures.