X Square Robot raises new funds, targets home trials by May Chinese humanoid robotics startup X Square Robot said it has secured Series B funding led by Xiaomi Corp.’s strategic investment arm and plans to begin testing its new generation of robots in real households by late May. Chief executive officer Wang Qian announced the developments at an event in Beijing on Tuesday. The company is recruiti...
X Square Robot raises new funds, targets home trials by May Chinese humanoid robotics startup X Square Robot said it has secured Series B funding led by Xiaomi Corp.’s strategic investment arm and plans to begin testing its new generation of robots in real households by late May. Chief executive officer Wang Qian announced the developments at an event in Beijing on Tuesday. The company is recruiting its first batch of household users, describing the May 25 deployment as an experimental phase rather than a mass-market rollout. At Tuesday’s event, X Square Robot unveiled Wall-B, an embodied AI foundational model based on a “World Unified Model” architecture. The architecture gives the robot an intuitive sense of its physical dimensions and the ability to perceive basic physics such as gravity, inertia, and friction, enabling it to learn from failure and adjust its strategies.
泡泡玛特日前发布截至2025年的年报,年报显示,泡泡玛特执行董事分别为王宁、刘冉女士、司德、文德一;非执行董事分别为屠铮、吴越;独立非执行董事分别为张建君、吴联生、美图CFO颜劲良。 其中,吴越是2025年12月加入,现年70岁,1993年至2000年2月,吴越担任LVMH集团旗下Parfums Christian Dior品牌总经理及董事总经理,负责其在中国的业务;2000年2月至2005年10...
A French campaign group said on Wednesday it has sued companies selling nitrous oxide – also known as laughing gas – using what the activists alleged was “deceptive” marketing targeting young people, despite the health impacts. The Antoine Alleno Association – a road safety group headed by Michelin-starred chef Yannick Alleno, whose son was killed in 2022 by a speeding driver – said it had filed t...
A French campaign group said on Wednesday it has sued companies selling nitrous oxide – also known as laughing gas – using what the activists alleged was “deceptive” marketing targeting young people, despite the health impacts. The Antoine Alleno Association – a road safety group headed by Michelin-starred chef Yannick Alleno, whose son was killed in 2022 by a speeding driver – said it had filed the legal action against the companies behind Cream Deluxe, which markets colourful canisters of the...
Real Madrid star buys 1.2% of Hundred franchise ‘I love cricket so I’m so happy to be on board’ Jude Bellingham has explained his decision to buy a minority stake in The Hundred franchise Birmingham Phoenix, saying: “I feel like I owe the city something”. The England and Real Madrid star has taken a 1.2% holding in the Edgbaston-based Hundred franchise, revealing himself as the unnamed investor wh...
Real Madrid star buys 1.2% of Hundred franchise ‘I love cricket so I’m so happy to be on board’ Jude Bellingham has explained his decision to buy a minority stake in The Hundred franchise Birmingham Phoenix, saying: “I feel like I owe the city something”. The England and Real Madrid star has taken a 1.2% holding in the Edgbaston-based Hundred franchise, revealing himself as the unnamed investor who had been mentioned in the annual accounts of the parent club, Warwickshire. Continue reading...
shcherbak volodymyr/iStock via Getty Images Red Cat Holdings, Inc. ( RCAT ) is seeing tremendous growth. The company is targeting a fast-growing drone market that continues to see an increase in demand. The growth and market in which Red Cat operates is what drew me to the stock in the first place and why I gave it a buy rating when I previously reviewed the stock. The stock has performed well sin...
shcherbak volodymyr/iStock via Getty Images Red Cat Holdings, Inc. ( RCAT ) is seeing tremendous growth. The company is targeting a fast-growing drone market that continues to see an increase in demand. The growth and market in which Red Cat operates is what drew me to the stock in the first place and why I gave it a buy rating when I previously reviewed the stock. The stock has performed well since I last reviewed it to start the year. A lot changes in a few months with a company moving as fast as Red Cat. Furthermore, world events are keeping investors on their toes, particularly with defense stocks. Recent global conflicts are increasing demand and the need for their technology and products. The company saw revenues increase to a point of scale in the fourth quarter. The company has grown its manufacturing capabilities in an impressive way. It has come at a cost to margins, but it has positioned itself to capitalize on future growth. Margins and expenses continue to be a concern for the company. It will be something to continue to watch as the company starts to produce at scale. At current margins and expense rates, the company will take years to get itself to a point of profitability. There are risks, as the company is burning cash and is a long way from profitability. I think overall, the market trends and strength outweigh the risks. The demand is growing, and the company has positioned itself to take advantage of that growth. Financials The company reported a large step up in revenue and volume during Q4. Revenue in Q4 was $26.2 million; this is up from $1.3 million in the prior year. The more impressive part was the growth sequentially from Q3, which was 172%. For the full year, the company reported revenue of $40.7 million, an increase of 161% from the prior year. Q4 was really the quarter where the company scaled production, and revenues showed the result. While the revenue growth was fantastic, the gross margin continued to be a major concern. The company...
FooTToo/iStock via Getty Images (All figures are in EUR, or otherwise indicated; figures are as of the latest reporting quarter, Q4 25, or indicated) Investment Thesis Vonovia's ( VONOY , VNNVF ) [VNA] share price had a roller coaster ride this year. After a strong start with +17% to EUR 28.70 until February 27th, the shares declined by -18% to EUR 21.56. The reason for the strong decline was the ...
FooTToo/iStock via Getty Images (All figures are in EUR, or otherwise indicated; figures are as of the latest reporting quarter, Q4 25, or indicated) Investment Thesis Vonovia's ( VONOY , VNNVF ) [VNA] share price had a roller coaster ride this year. After a strong start with +17% to EUR 28.70 until February 27th, the shares declined by -18% to EUR 21.56. The reason for the strong decline was the start of the conflict in the Middle East and fears of higher inflation. However, while VNA is sensitive to higher interest rates, the strategies to drive future growth of VNA's business operations are ongoing, and I estimate double-digit returns in the years ahead. Additionally, shareholders buy EUR 1 of equity value for EUR 0.50, as VNA shows a NAV discount of ~50%. Also, VNA pays a dividend that yields ~5.4% at current share price levels (EUR 23.50). Business Overview Vonovia is the largest real estate company in Europe, with a market cap of 18 billion at the share price of 21.56. Enterprise value is at 42.6 billion, with cash of 3.6 billion and net debt of EUR 39.4 billion. FY-25 adj. EBITDA is at 2.8 billion with adj. EBT at 1.9bn and adj. shareholder earnings at 1.5 billion. Generally, VNA operates across four business segments: Vonovia Click to enlarge Earnings Overview FY-25 - Results & Presentations Rental segment: The largest segment is based on generating rents from its excessive residential real estate portfolio, which spans across Germany, Austria, and Sweden, as the following overview from the Q4 25 presentation shows. Total adj. EBITDA rental amounted to 2.44 billion with a growth of +2.5% and a contribution of 87% to total adj. EBITDA. Even though organic rental growth was at +4.1% in FY-25, the portfolio generated top-line growth on the basis of 539.7k residential units. This is about -10k on a residential unit basis (YE 24: 539.7k). Total rental revenue for FY25 was at 3.4 billion, with a guidance of 3.45-3.55 billion for FY26e (FY24: 3.3 billion). Besides,...
Beyond Gandalf and Magneto, the 86-year-old stage and screen star has a grand career as a great Shakespearean, not to mention his work as an LGBTQ+ rights campaigner. He’ll be here to discuss it all We could wang on about how great Sir Ian McKellen is all day. Millions know him as Gandalf in the Lord of The Rings and Hobbit trilogieswhile others know him as Magneto in the X-Men franchise, for whic...
Beyond Gandalf and Magneto, the 86-year-old stage and screen star has a grand career as a great Shakespearean, not to mention his work as an LGBTQ+ rights campaigner. He’ll be here to discuss it all We could wang on about how great Sir Ian McKellen is all day. Millions know him as Gandalf in the Lord of The Rings and Hobbit trilogieswhile others know him as Magneto in the X-Men franchise, for which he’s revealed he wore a sculpted undersuit to give him a more muscular torso. He returns in Avengers: Doomsday later this year. But don’t be fooled by the blockbusters; McKellen has been and still is one of the finest actors of his generation. On film, his roles go back to A Touch of Love in the late 1960s, playing John Profumo in Scandal in 1989, and starring in and producing Richard III in the mid-90s. A late90s double whammy – Gods and Monsters, for which he was Oscar nominated, and Apt Pupil – put him over the top, after which he rolled into the aforementioned franchises, resulting in 11 appearances (so far). In between he’s managed some great stuff, such as the ageing ’tec drama Mr Holmes, theatrical thriller The Critic …. and the voice of Zebedee in The Magic Roundabout. The less said about Cats the better. And now he’s taking a lead role in the new Steven Soderbergh film, The Christophers, opposite Michaela Coel. Continue reading...