A common hand gesture in a South Korean army recruitment poster has prompted scrutiny of a little-known cultural sensitivity in the country. In the poster, a female model in a combat uniform poses with her hand resting under her chin. All quite innocent – except her thumb and index finger form a shape that many South Koreans associate with man-hating, according to The Korea Herald. The finger pinc...
A common hand gesture in a South Korean army recruitment poster has prompted scrutiny of a little-known cultural sensitivity in the country. In the poster, a female model in a combat uniform poses with her hand resting under her chin. All quite innocent – except her thumb and index finger form a shape that many South Koreans associate with man-hating, according to The Korea Herald. The finger pinching gesture is known as the “Megalian hand”, after the radical South Korean feminist group that...
Maharashtra, India’s richest state, has begun preparations for an initial public offering of its power distribution utility, according to people familiar with the matter. Maharashtra State Electricity Distribution Co. is working with SBI Capital Co. and Deloitte on the proposed share sale that could raise anywhere between $500 million and $1 billion, the people said, asking not to be identified as...
Maharashtra, India’s richest state, has begun preparations for an initial public offering of its power distribution utility, according to people familiar with the matter. Maharashtra State Electricity Distribution Co. is working with SBI Capital Co. and Deloitte on the proposed share sale that could raise anywhere between $500 million and $1 billion, the people said, asking not to be identified as the information is private. SBI Capital and Deloitte are reviewing the company’s structure and balance sheet and will advise on IPO readiness, the people said. Once the framework is finalized, the company is expected to issue a request for proposals to appoint additional advisers and law firms, they added. The offering could include a mix of fresh shares and a stake sale, with a potential dilution of about 10% by state-governed MSEB Holding Co., the people said. Deliberations are ongoing, and key details such as the size and timing of the offering remain under discussion and could change, the people said. Representatives for MSEDCL, SBI Capital and Deloitte didn’t respond to requests for comments. MSEDCL’s IPO could become one of India’s first listings of a government-controlled electricity distribution utility, a potential test case for a long-pending overhaul of the industry. The state’s cabinet of ministers has approved a revamp of the company, including a plan for the government to take over about 330 billion rupees ($3.5 billion) of the utility’s liabilities, a move intended to strengthen its balance sheet before the IPO. In preparation for the deal, the company has started the process of splitting off its agriculture business, which is heavily dependent on government subsidies and has historically weighed on finances, according to Managing Director Lokesh Chandra. He declined to comment on the specifics of the IPO plan on the record. If completed, the listing would mark a rare capital markets debut by a state-owned power distribution company in India, a segment histo...
TAL Education press release ( TAL ): Q4 Non-GAAP EPADS of $0.45 beats by $0.29 . Revenue of $802.4M (+31.5% Y/Y) beats by $20.18M . Cash, cash equivalents and short-term investments totaled US$3,239.3 million as of February 28, 2026, compared to US$3,618.4 million as of February 28, 2025. Net cash used in operating activities for the fourth quarter of fiscal year 2026 was US$215.0 million. As of F...
TAL Education press release ( TAL ): Q4 Non-GAAP EPADS of $0.45 beats by $0.29 . Revenue of $802.4M (+31.5% Y/Y) beats by $20.18M . Cash, cash equivalents and short-term investments totaled US$3,239.3 million as of February 28, 2026, compared to US$3,618.4 million as of February 28, 2025. Net cash used in operating activities for the fourth quarter of fiscal year 2026 was US$215.0 million. As of February 28, 2026, the company's deferred revenue balance was US$882.2 million, compared to US$671.2 million as of February 28, 2025. Effective April 22, 2026, Mr. Mi Tian has stepped down as Chief Technology Officer and transitioned to Senior Vice President. Mr. Tian will focus on selected technology initiatives in his new capacity. More on TAL Education TAL Education: Device And Tutoring Businesses Have Good Prospects TAL Education Group (TAL) Q3 2026 Earnings Call Transcript Tal Education signals moderation in growth rate for H2 2026 amid strong AI-driven device engagement TAL Education Non-GAAP EPADS of $0.25 beats by $0.17, revenue of $770.2M beats by $4.17M Seeking Alpha’s Quant Rating on TAL Education
ServiceNow (NYSE:NOW) has expanded its alliance with Google Cloud to roll out new AI powered solutions for enterprises across multiple sectors. TridentCare has highlighted its adoption of ServiceNow's AI Platform, pointing to operational gains from AI driven workflows. ServiceNow has also broadened its partnership with Qlik to connect enterprise data with AI based workflow execution. ServiceNow en...
ServiceNow (NYSE:NOW) has expanded its alliance with Google Cloud to roll out new AI powered solutions for enterprises across multiple sectors. TridentCare has highlighted its adoption of ServiceNow's AI Platform, pointing to operational gains from AI driven workflows. ServiceNow has also broadened its partnership with Qlik to connect enterprise data with AI based workflow execution. ServiceNow enters this AI partnership cycle with its shares at $103.07 and a mixed return profile, including...
Cadence Design Systems (NasdaqGS:CDNS) expanded its partnership with NVIDIA to accelerate agentic AI and digital twin solutions across semiconductor design and physical AI systems. The collaboration focuses on combining Cadence AI-driven design automation and simulation tools with NVIDIA AI infrastructure for use in chip design, physical AI systems, and AI factory digital twins. Cadence Design Sys...
Cadence Design Systems (NasdaqGS:CDNS) expanded its partnership with NVIDIA to accelerate agentic AI and digital twin solutions across semiconductor design and physical AI systems. The collaboration focuses on combining Cadence AI-driven design automation and simulation tools with NVIDIA AI infrastructure for use in chip design, physical AI systems, and AI factory digital twins. Cadence Design Systems, a major player in electronic design automation software and IP, sits at the center of how...
Hong Kong’s Securities and Futures Commission has reached an agreement with PricewaterhouseCoopers Hong Kong to pay HK$1 billion (US$128 million) in compensation to minority shareholders of China Evergrande Group, following what the regulator described as serious breaches of auditors’ professional duties. In a statement on Thursday, the SFC said it had found that Evergrande’s annual reports and re...
Hong Kong’s Securities and Futures Commission has reached an agreement with PricewaterhouseCoopers Hong Kong to pay HK$1 billion (US$128 million) in compensation to minority shareholders of China Evergrande Group, following what the regulator described as serious breaches of auditors’ professional duties. In a statement on Thursday, the SFC said it had found that Evergrande’s annual reports and results announcements for 2019 and 2020 contained materially false or misleading information. The...
The International Criminal Court’s pre-trial chamber confirmed crimes against humanity charges against former Philippine President Rodrigo Duterte , setting the stage for a full-blown trial. Duterte is “criminally responsible” for alleged murder, the chamber said in a decision on Thursday, adding it also “commits Mr. Duterte to a Trial Chamber for trial on the charges as confirmed.” The 81-year-ol...
The International Criminal Court’s pre-trial chamber confirmed crimes against humanity charges against former Philippine President Rodrigo Duterte , setting the stage for a full-blown trial. Duterte is “criminally responsible” for alleged murder, the chamber said in a decision on Thursday, adding it also “commits Mr. Duterte to a Trial Chamber for trial on the charges as confirmed.” The 81-year-old Duterte has been detained in an ICC facility in The Hague since March last year on murder charges related to his administration’s war on drugs that killed thousands of suspects. The decision follows an ICC appeals chamber ruling on Wednesday which affirmed that the tribunal has jurisdiction over the case. The former president “authorized murders and personally selected some of the targets,” first as mayor of Davao City then as president, ICC deputy prosecutor Mame Mandiaye Niang said during the hearing in February , which Duterte skipped. Duterte’s defense lawyer Nicholas Kaufman called the charges “grievously misplaced and politically motivated.” Read More: Will Duterte Face ICC Murder Trial Over Drug ‘War?’: QuickTake Duterte, president from 2016 to 2022, is the father of the Philippines’ incumbent vice president Sara Duterte , who is facing impeachment complaints on allegations that include plotting to assassinate President Ferdinand Marcos Jr. Sara Duterte and Marcos joined forces in the 2022 election but their alliance collapsed due to political differences. The Marcos administration helped facilitate the arrest of Rodrigo Duterte, which the vice president has criticized as “kidnapping.” The younger Duterte has announced a plan to run for president in 2028 when Marcos’ single term of six years expires.
Olena_T Stock futures inched lower Thursday premarket, weighed down by persistent Middle East tensions despite President Trump's announcement of a ceasefire extension with Iran. Here are some of Thursday's biggest stock movers: Biggest stock gainers QuantumScape ( QS ) +21% - Shares surged following Q2 results as it highlighted improved profitability and expanding demand beyond autos, with growing...
Olena_T Stock futures inched lower Thursday premarket, weighed down by persistent Middle East tensions despite President Trump's announcement of a ceasefire extension with Iran. Here are some of Thursday's biggest stock movers: Biggest stock gainers QuantumScape ( QS ) +21% - Shares surged following Q2 results as it highlighted improved profitability and expanding demand beyond autos, with growing interest in its solid-state battery tech from military, aerospace, and government sectors. The company also pointed to a new opportunity in AI data center power infrastructure, where higher energy density could enable greater compute capacity. Progress on its Eagle Line and QSE-5 cell production further reinforced confidence in scaling, shifting the narrative from execution risk to broader commercial potential. Texas Instruments ( TXN ) +11% - Shares jumped after delivering a strong Q1 beat and upbeat guidance, signaling improving demand trends. The company reported EPS of $1.68 vs. $1.37 estimates and revenue of $4.83B (+19% Y/Y), driven by robust analog sales and strength in industrial and data center markets. Looking ahead, TXN guided Q2 EPS to $1.77–$2.05 and revenue to $5B–$5.4B, both well above consensus, reinforcing confidence in a cyclical recovery and sustained momentum. Biggest stock losers ServiceNow ( NOW ) -12% - Shares tumbled despite strong Q1 results, as a weaker-than-expected margin outlook overshadowed solid growth. The company beat on revenue ($3.77B, +22% Y/Y) and matched EPS while raising both Q2 and full-year subscription revenue guidance, with remaining performance obligations jumping 25%. However, full-year subscription gross margin guidance of 81.5% came in below expectations, driven by acquisition-related dilution, and weighed on investor sentiment. Additional concerns around delayed large deal closures in the Middle East added to the pressure, shifting focus from top-line strength to near-term profitability. Altimmune ( ALT ) -12% - Shares plunge...