The robot accompanied the first lady to the White House East Room for the final day of a summit she had convened with counterparts from around the world through her Fostering the Future Together global initiative. (Image credit: Jacquelyn Martin)
The robot accompanied the first lady to the White House East Room for the final day of a summit she had convened with counterparts from around the world through her Fostering the Future Together global initiative. (Image credit: Jacquelyn Martin)
Shares of Chinese short-video platform Kuaishou fell more than 13 per cent to HK$45.96 by midday in Hong Kong on Thursday, a day after reporting strong sales growth, as analysts warned that its core advertising and live-streaming businesses could face mounting pressure this year. The sharp decline reflected investor concerns over a cautious growth outlook for the Beijing-based firm, compounded by ...
Shares of Chinese short-video platform Kuaishou fell more than 13 per cent to HK$45.96 by midday in Hong Kong on Thursday, a day after reporting strong sales growth, as analysts warned that its core advertising and live-streaming businesses could face mounting pressure this year. The sharp decline reflected investor concerns over a cautious growth outlook for the Beijing-based firm, compounded by its heavy spending on artificial intelligence, according to Zhang Xueru, an analyst at investment...
Earlier this month, Palantir Technologies (NASDAQ: PLTR) entered into a partnership with leading prediction market platform Polymarket. Through its joint venture with TWG AI, Palantir will deploy the Vergence AI engine within Polymarket's sports betting and event-driven ecosystem. This collaboration represents an opportunity to bridge the gap between analyzingenterprise-grade data and policing man...
Earlier this month, Palantir Technologies (NASDAQ: PLTR) entered into a partnership with leading prediction market platform Polymarket. Through its joint venture with TWG AI, Palantir will deploy the Vergence AI engine within Polymarket's sports betting and event-driven ecosystem. This collaboration represents an opportunity to bridge the gap between analyzingenterprise-grade data and policing manipulation in high-velocity, decentralized financial markets. On a broader level, this deal could be transformative for Palantir as it moves beyond its roots in counterterrorism and government contracting. Palantir's expertise in real-time analytics could help bring much-needed legitimacy and trust to an industry that has thus far been the target of significant skepticism. Continue reading
Rozita Turut/iStock Editorial via Getty Images I've initiated coverage on MIXUE Group ( MXUBY ) (2097.HK) with a "Hold" rating. The above-consensus FY25 financials and underwhelming FY2026 prospects support my "Neutral" stance. Corporate Overview MXUBY is described by SA News as "the world's largest restaurant chain" selling "value‑oriented drinks." Historical Milestones IPO Prospectus Product Sna...
Rozita Turut/iStock Editorial via Getty Images I've initiated coverage on MIXUE Group ( MXUBY ) (2097.HK) with a "Hold" rating. The above-consensus FY25 financials and underwhelming FY2026 prospects support my "Neutral" stance. Corporate Overview MXUBY is described by SA News as "the world's largest restaurant chain" selling "value‑oriented drinks." Historical Milestones IPO Prospectus Product Snapshot Investor Slides As of the end of 2025, Mainland China represented 93% of the firm's 60k outlets, according to its March 24 results release . Also, MXUBY indicated in the earnings disclosure that "we primarily employ a franchise model." It ran less than 40 company-owned shops. The enterprise generated 94%, 4%, and 2% of FY25 turnover from the provision of supplies, machinery, and franchisee-related solutions, respectively. Full-Year Performance Topped Expectations MXUBY's topline was 35% higher at CNY 33.6 billion last year. Its bottom line of 5,887 million during the same period implied a 33% surge. I'm impressed that both of these metrics beat the S&P Capital IQ consensus by +1.9%. In my view, footprint expansion and fixed-cost absorption were the main contributors to its solid showing. It rolled out around 13k locations for '25. The sell-side was anticipating slower net additions of just +11k (source: S&P Capital IQ). I think the firm's network got bigger because of organic growth and M&A. MXUBY bought over an alcoholic beverage brand in late 2025, which added more than 1,300 units. The coffee-focused "Lucky Cup" business went from 2023's slightly below 3,000 storefronts to reach the 10k mark before the prior year ended. MXUBY is still in the early innings of penetrating its addressable market. At the analyst meeting (S&P Capital IQ transcript), it stressed that "we have only entered 6,000 of over 30,000 townships (for China) nationwide." Separately, the company's "Selling, General & Administrative" or "SG&A" expenses-to-sales dipped -30bps to 9.6% for FY25. My take...