SÃO PAULO, Feb. 5, 2026 /PRNewswire/ -- Treeal, a Brazilian fintech company specializing in innovative payment solutions for businesses, today announced the partnership with Tencent Cloud, the cloud business of leading global technology company Tencent, to introduce the advanced PalmAI Service to the Brazilian market. Designed to outperform traditional biometric methods, including fingerprint and ...
SÃO PAULO, Feb. 5, 2026 /PRNewswire/ -- Treeal, a Brazilian fintech company specializing in innovative payment solutions for businesses, today announced the partnership with Tencent Cloud, the cloud business of leading global technology company Tencent, to introduce the advanced PalmAI Service to the Brazilian market. Designed to outperform traditional biometric methods, including fingerprint and facial recognition, the new system offers a secure, contactless, and highly accurate alternative for payment processing and access control. Tencent Cloud and Treeal Partnership Brings Next-Gen PalmAI Service to Brazil Across several Asian markets, Tencent Cloud's PalmAI Service is also already driving efficiency and elevating user experience in diverse scenarios. For example, in Tencent's own buildings, the biometric readers are ubiquitous at every entrance, allowing employees and visitors to have instant access with no identification failures. The solution has also been tested in a variety of practical environments — including high-traffic transit locations (such as subway stations and bus stops), retail self-checkout experiences, private events, and other real-life access and identity verification scenarios. Globally, the system supports more than 50 million active users conducting over two billion transactions annually. Treeal's implementation delivers industry-leading performance, allowing user identification in less than 300ms, with a false acceptance rate of less than 0.0000001% (1 in 1 billion operations) and a false rejection rate of 0.01%. "Biometric systems like this aren't just about security—they redefine the user experience by making it faster, simpler, and more intuitive," says João Santos, CEO of Treeal. "Brazilians are known for embracing innovation early, and we believe palm-based biometrics could become mainstream within the next five years." Commenting on the partnership, Eric Li, Director of AI Global Commercialization at Tencent Cloud, said, "We're exci...
India’s arbitrage fund managers are bracing for lower returns after the government unexpectedly raised taxes on equity derivatives, a move that threatens a fast-growing sector that holds $36 billion in assets. The government announced the decision in parliament on Sunday, saying the tax hike was aimed at curbing high-risk speculative trading in the options market. However, arbitrage funds — consid...
India’s arbitrage fund managers are bracing for lower returns after the government unexpectedly raised taxes on equity derivatives, a move that threatens a fast-growing sector that holds $36 billion in assets. The government announced the decision in parliament on Sunday, saying the tax hike was aimed at curbing high-risk speculative trading in the options market. However, arbitrage funds — considered less risky and popular in volatile markets — will also be affected, as the change raises the cost of running cash-and-carry strategies and could dent investor returns. “Arbitrage spreads are usually narrow, often 0.6%–0.8% per month, and higher transaction cost per trade eats into a meaningful portion of that spread,” said Aditya Agarwal, a co-founder of wealth management platform Wealthy.in. READ: India’s Plan to Hike Tax on Equity Derivatives Jolts Market Arbitrage funds gained rapid traction in India last year, as foreign investors exited local equities in record numbers. Its assets under management jumped 38% from 2024, as the world’s fastest-growing major economy grappled with slow earnings growth, trade tensions with the US and single-digit stock market returns. Investors gravitated toward the funds, which benefit from favorable tax treatment but typically generate lower yields than debt funds. The fund managers buy stocks in the spot market and sell corresponding futures contracts, seeking to profit from price differences between the two transactions. With the government increasing the securities transaction tax, or STT, arbitrage funds could face a drag of 25 to 35 basis points on annualized net returns, according to Agarwal. For Harish Krishnan , chief investment officer of equities at Aditya Birla Sun Life Asset Management, which oversees nearly $22 billion in stock assets, there’s still plenty of room for maneuvering. “Arbitrage is dynamic,” said Krishnan. “If returns fall, some capital exits, which can widen spreads and partially offset the impact.”
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing Temperatures in Hong Kong are expected to drop on Sunday as a cold front sweeps across southern China, ending several days of warm and humid weather. The Hong Kong Observatory said minimum temperatures could fall to around 13 degrees Celsius (55.4 Fahrenheit) on...
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing Temperatures in Hong Kong are expected to drop on Sunday as a cold front sweeps across southern China, ending several days of warm and humid weather. The Hong Kong Observatory said minimum temperatures could fall to around 13 degrees Celsius (55.4 Fahrenheit) on Sunday, with daytime highs of about 19 degrees. Advertisement The cooler weather will follow a relatively warm and humid end to the week, as weak coastal winds over Guangdong keep temperatures mild and humidity levels high, especially in the mornings and at night. Maximum temperatures on Friday are forecast to reach around 24 degrees in urban areas, and a few degrees higher in the New Territories. Advertisement Coastal mist is expected in the mornings and at night on Friday and Saturday, with generally fine and warm weather during the day. Winds will remain light at first but are forecast to strengthen over the weekend as a cold air mass moves south.
(RTTNews) - Qiagen N.V. (QGEN) reported that its fourth quarter net income increased to $107.83 million or $0.49 per share from $88.32 million or $0.39 per share last year. QGEN closed Wednesday regular trading session at $51.71, down $0.18 or 0.35%. In after-hours trading, the stock declined further to $50.00, a decrease of $1.71 or 3.31%. Adjusted earnings per share was $0.62 compared to $0.61 i...
(RTTNews) - Qiagen N.V. (QGEN) reported that its fourth quarter net income increased to $107.83 million or $0.49 per share from $88.32 million or $0.39 per share last year. QGEN closed Wednesday regular trading session at $51.71, down $0.18 or 0.35%. In after-hours trading, the stock declined further to $50.00, a decrease of $1.71 or 3.31%. Adjusted earnings per share was $0.62 compared to $0.61 in the prior year. Analysts expected the company to report earnings of $0.62 per share for the quarter. Analysts' estimates typically exclude special items. Net sales for the quarter rose to $540.42 million from $521.20 million last year. Analysts expected revenue of $ 528.49 million for the quarter. For the first quarter of 2026, the company expects net sales to increase at least 1% CER from $483 million. Adjusted earnings per share for the first quarter is expected to be at least $0.54 CER compared to $0.55 in Q1 2025, driven by the announced dilutive impacts of the Parse acquisition and tariffs. Analysts project first-quarter earnings of $0.60 per share. For 2026, QIAGEN expects net sales growth of at least 5% CER from 2025 driven by the growth pillars contributing about 9% CER growth and combined sales of about $1.64 billion CER. Adjusted earnings per share is expected to be at least $2.50 CER compared with $2.38 in 2025. Analysts expect annual earnings of $2.65 per share. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is reportedly preparing a major expansion in Japan. TSMC Eyes Advanced 3nm Chip Production In Japan TSMC plans to mass-produce advanced 3-nanometer chips at its facilities in Kumamoto, southern Japan, with total investment expected to reach about $17 billion, reported Japanese newspaper Yomiuri on Thursday. The move would mark a significant upgrade...
Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is reportedly preparing a major expansion in Japan. TSMC Eyes Advanced 3nm Chip Production In Japan TSMC plans to mass-produce advanced 3-nanometer chips at its facilities in Kumamoto, southern Japan, with total investment expected to reach about $17 billion, reported Japanese newspaper Yomiuri on Thursday. The move would mark a significant upgrade from TSMC's earlier plans for more mature chip technologies in the region. Japan's government, which has already provided substantial subsidies to support TSMC's expansion in Kyushu, is considering additional financial backing for the new plan, the report said. Shift From Legacy Nodes Signals Strategic Upgrade Previously, TSMC had planned to invest roughly $12.2 billion in its second Kyushu fab to produce 6- to 12-nanometer chips. The company is now expected to discuss revisions to that plan with Japanese authorities. In October 2025, it was reported that TSMC's Japan unit, Japan Advanced Semiconductor Manufacturing, began construction of a second wafer fabrication plant in Kumamoto under a separate $13.9 billion investment plan. That facility is expected to produce 6-nanometer chips for applications such as autonomous vehicles and AI, with production slated to begin by late 2027. Japan Balances TSMC Expansion With Rapidus Push Japan is also heavily subsidizing Rapidus, a domestic foundry venture aiming to produce next-generation chips in Hokkaido. The government has determined that TSMC and Rapidus will serve different markets and use cases, limiting direct competition, the report noted. TSMC did not immediately respond to Benzinga’s request for comments. Strong AI Demand Fuels TSMC's Global Expansion TSMC's expansion plans come as the company continues to benefit from surging AI-driven demand. In January 2026, the chipmaker reported quarterly revenue of $33.73 billion, up more than 20% year over year, beating analyst expectations. Price Action: Shares of TSMC closed down...
There are several intriguing and portfolio-worthy stocks that investors will want to pay attention to this week after beating their Q4 expectations. In a week highlighted by Mag 7 quarterly results from Alphabet GOOGL and Amazon AMZN, these top-rated stocks are also standing out as they sport a Zacks Rank #2 (Buy). Their post-earnings performance has created unique opportunities, including a buy-t...
There are several intriguing and portfolio-worthy stocks that investors will want to pay attention to this week after beating their Q4 expectations. In a week highlighted by Mag 7 quarterly results from Alphabet GOOGL and Amazon AMZN, these top-rated stocks are also standing out as they sport a Zacks Rank #2 (Buy). Their post-earnings performance has created unique opportunities, including a buy-the-dip scenario for a top tech company and an income-producing stock that appears to be in store for higher highs. AMD’s Buy the Dip Opportunity There was a lot of excitement for AMD AMD stock going into its Q4 report yesterday evening, as the chipmaker has continued to strengthen its position in the semiconductor market as an alternative to Nvidia’s NVDA AI hardware ecosystem. Despite impressively exceeding top and bottom line expectations, AMD stock dropped 17% in Wednesday's trading session. More aggressive guidance appears to have been wanted, with AMD stock still up an exhilarating +100% in the last year at $200 a share. However, AMD’s Q1 revenue guidance of $9.8 billion ± $300 million still came in above Wall Street’s consensus of $9.33 billion (Current Qtr below). This would equate to at least 27% growth, with AMD expected to post high-double-digit sales and EPS expansion in FY26 and FY27 as well. Image Source: Zacks Investment Research Profit-taking is also attributed to today’s selloff, but AMD’s Q4 sales of $10.27 billion and EPS of $1.53 were up 34% and 40% year over year, while beating expectations by 6% and nearly 16%, respectively. The issue that some investors may have with AMD’s guidance is that it represents a sequential decline from Q4 in what was notably a quarterly sales record, disappointing those who expected further “all-time” acceleration. Image Source: Zacks Investment Research Simon Property’s "Eustress" Hitting a fresh 52-week high after exceeding Q4 expectations on Monday, Simon Property Group's SPG stock has continued to create a positive cognit...