SHENZHEN, China, June 08, 2026 (GLOBE NEWSWIRE) -- Yeahka Limited (Yeahka, Stock Code: 9923.HK) released its first quarter 2026 business update on June 5, coinciding with its Annual General Meeting. The Company achieved substantial commercialization progress across all business lines during the quarter, with overseas gross payment volume (GPV) growing approximately four times year-on-year, and the...
SHENZHEN, China, June 08, 2026 (GLOBE NEWSWIRE) -- Yeahka Limited (Yeahka, Stock Code: 9923.HK) released its first quarter 2026 business update on June 5, coinciding with its Annual General Meeting. The Company achieved substantial commercialization progress across all business lines during the quarter, with overseas gross payment volume (GPV) growing approximately four times year-on-year, and the proportion of overseas profit contribution to the overall payment business exceeding 10% for the first time, reaching a record high.
Luis Alvarez/DigitalVision via Getty Images Investment Thesis Note: This is an update to my previous article . Kits Eyecare ( KITS:CA ) dropped more than 20% in the days following the company's latest earnings report, but they have since recovered much of those losses. After revisiting the story, I think the glasses category looks stronger today, gross margins are moving in the right direction, an...
Luis Alvarez/DigitalVision via Getty Images Investment Thesis Note: This is an update to my previous article . Kits Eyecare ( KITS:CA ) dropped more than 20% in the days following the company's latest earnings report, but they have since recovered much of those losses. After revisiting the story, I think the glasses category looks stronger today, gross margins are moving in the right direction, and management even announced a buyback plan for up to 5% of the company. There are things to like here, but I think the potential return is no longer as attractive as it was when the stock briefly traded at C$11-12 after earnings. With shares having recovered, I'm leaning towards a Hold rating. Looking Beyond the Headline Numbers At the beginning of May, the company reported Q1 2026 results . While the shares have since recovered, they initially fell 24% in just 9 trading days following the earnings release! The quarter was pretty much in line with what analysts expected , with revenue beating by just 0.1% and EPS matching estimates. In my view, that may help explain the selloff because growth stocks need to exceed expectations, not simply meet them, as much of the expected growth is already priced into the shares (that's why growth stocks usually trade at high multiples). This leaves less room for positive surprises and can result in a market reaction like the one KITS experienced. In the quarter, sales grew 23% year-over-year or 27% on a constant currency basis, reaching $57.5 million. On the profitability side, Net Income increased by 23.2% to $2.0 million compared to $1.6 million a year ago. Q1 2026 Estimate Actual Beat Revenue $57.40M $57.47M 0.12% EPS GAAP $0.06 $0.06 0.00% Click to enlarge But there's a catch on the meet in expectation of profitability: a one-off tariff refund . With everything caused by Trump and his tariffs, many companies ended up getting refunds for the tariffs they had spent between the United States and Canada, as was the case with KITS. The fig...
undefined China’s central bank added 320,000 ounces of gold in May as prices edged lower, continuing steady accumulation, official data showed Sunday. The monthly increase was the second-largest in the current buying cycle, just below the 330,000 ounces added in December 2024. The buying streak has now reached 19 consecutive months, exceeding the 18-month run from November 2022 to April 2024. Mont...
undefined China’s central bank added 320,000 ounces of gold in May as prices edged lower, continuing steady accumulation, official data showed Sunday. The monthly increase was the second-largest in the current buying cycle, just below the 330,000 ounces added in December 2024. The buying streak has now reached 19 consecutive months, exceeding the 18-month run from November 2022 to April 2024. Monthly increase (thousand ounces) China’s Steady Gold Accumulation Sources: People’s Bank of China, CEIC 400 800 1,200 0 May 2026 320 However, total purchases in the current cycle — 2.16 million ounces — remain well below the previous total of 10.16 million ounces, indicating a slower pace of accumulation.
Delta Air Lines Inc. may drop Safran SA as the supplier of its new business-class suites for key US transcontinental routes, after persistent supply-chain and regulatory delays stalled the rollout of its premium cabins . The world’s most profitable listed carrier is now evaluating a competing seat from Thompson Aero Seating Ltd. , Chief Marketing and Product Officer Ranjan Goswami said in an inter...
Delta Air Lines Inc. may drop Safran SA as the supplier of its new business-class suites for key US transcontinental routes, after persistent supply-chain and regulatory delays stalled the rollout of its premium cabins . The world’s most profitable listed carrier is now evaluating a competing seat from Thompson Aero Seating Ltd. , Chief Marketing and Product Officer Ranjan Goswami said in an interview on Monday. Delta expects certification by mid-2028 instead and will proceed with whichever supplier secures approval first, he said. Delta had originally selected Safran, whose product was slated to debut two years ago but remains stuck in the Federal Aviation Administration ’s certification process. The airline is therefore considering Thompson Aero, produced by the AVIC -owned manufacturer, for aircraft serving business demand-heavy US east to west coast routes. The seat supplier switch was first shared on X by industry blogger JonNYC. While the Atlanta, Georgia-based carrier’s experience reflects broader industry-wide supply chain strains, the carrier’s decision to pit two competing seat programs against each other is an unusual step. Delta Rolls Out New Business Class Suites in Premium Push Delta Sees Robust Demand Going Into 2026 Amid Premium Focus Delta Strips Engines Off New Airbus Jets to Overcome Shortage The update came as Delta inaugurated its Los Angeles-Hong Kong service. Asia-Pacific head Jeff Moomaw noted Saturday that regional demand remains “robust and resilient” despite elevated fuel costs. The airline plans further expansion in the region including an additional Shanghai service, but does not currently support increasing the cap on US-China flights, which remains at 50 weekly round trips.
Rumble ( RUM ) Monday reported the final results of its exchange offer to acquire all outstanding shares of Northern Data AG ( NDTAF ), with 8.17 million shares tendered, representing 46.2% of the shares not already covered by transaction support agreements. Including shares committed under transaction support agreements, Rumble ( RUM ) has now secured approximately 85.2% of Northern Data’s outsta...
Rumble ( RUM ) Monday reported the final results of its exchange offer to acquire all outstanding shares of Northern Data AG ( NDTAF ), with 8.17 million shares tendered, representing 46.2% of the shares not already covered by transaction support agreements. Including shares committed under transaction support agreements, Rumble ( RUM ) has now secured approximately 85.2% of Northern Data’s outstanding shares. The high acceptance rate demonstrates that the vast majority of Northern Data shareholders approve of the transaction and the underlying strategic rationale. The combined entity is expected to create a fully integrated AI and cloud platform, leveraging enhanced scale, advanced technology capabilities, and a stronger balance sheet to compete on a global stage, Rumble ( RUM ) said in a statement. More on Rumble Rumble: Pivotal AI Cloud Shift Rumble: Skepticism Is Now The Opportunity (Rating Upgrade) Rumble Inc. (RUM) Q1 2026 Earnings Call Transcript Rumble rallies after landing significant cloud contract Mid-Cap communication services stocks ranked by quant ratings after earnings season
中国上海，2026年6月4日—— 第十九届国际太阳能光伏和智慧能源（上海）大会暨展览会（SNEC 2026）盛大开幕。作为能源科技的全球引领者，施耐德电气连续四年参展，以“智联全域 共启能源可持续”为主题，围绕“技术筑基、场景赋能、生态协同”三大方向，打造光储应用、数据中心、零碳园区、生态共创等主题区域，全方位覆盖新能源产业全链路、全场景的系统解决方案，助推行业高质量发展、加快新型电力系统建设。 本届展会上，施耐德电气多项重磅创新成果与合作举措同步落地。现场重磅推出《全域保护–以断路器为核心的电化学储能直流保护系统白皮书》，其CVS DC NE U 2P直流塑壳断路器，成功斩获 全球首张 电池保护断路器 UL 489认证。 施耐德电气与UL Solutions举行颁证仪式并签署合作备忘录，双方聚焦新能源产品国际认证、行业标准共建、企业出海合规等领域开展深度合作。此外，施耐德电气发布新能源发电-光伏 | 储能中压解决方案、能源管理软件一体化架构暨绿电直连方案，持续丰富新能源全场景解决方案。 在“双碳”目标和新型电力系统建设的推动下，新能源产业发展重心从规模扩张转向提质增效，系统运营能力成为企业核心竞争力。储能安全、源网荷储协同、绿电消纳、全球化发展等行业痛点，倒逼新能源产业链上下游企业构建系统性能力——从单点的安全保护升级为全域本质安全守护，从单一应用场景拓展到复杂场景的融合协同，从立足国内市场到具备全球化运营的综合实力。 技术破局：三维并举，筑牢安全与智能底座 凭借电气化、自动化、数字化的核心技术优势，施耐德电气以可用、可控、可持续为三大支点，打造系统化技术支撑体系，为新能源产业高质量发展保驾护航。 筑牢安全底线，夯实系统可靠能力。 施耐德电气构建覆盖发电-用电-并网全链路的可靠电气底座，保障新能源系统在复杂工况下的稳定供电与本质安全。针对储能直流保护，打造“全电流、全线路、全系统”三维主动防护体系。此次获 UL 认证的直流保护断路器，进一步树立起储能直流安全保护全新标杆，为复杂工况下新能源系统稳定运行保驾护航。 深耕智能管控，提升系统可控水平。 施耐德电气打造的“平台+数据+AI”深度融合的能源管理软件一体化架构，实现能源管理全生命周期的可预测、可调度、可优化、可协同。其中，EcoStruxure™ Energy Operation电力综合运营系统作为核心数字化产...
Israel and Iran exchanged missile strikes on Monday despite President Donald Trump’s calls for both sides to halt the fighting and give peace talks a chance to succeed. (Source: Bloomberg)
Israel and Iran exchanged missile strikes on Monday despite President Donald Trump’s calls for both sides to halt the fighting and give peace talks a chance to succeed. (Source: Bloomberg)
Andreas Haas/iStock Editorial via Getty Images ITA Airways will decide within the next six to eight weeks whether to pursue legal action against aerospace supplier RTX Corporation’s ( RTX ) Pratt & Whitney unit due to persistent engine complications, according to a Reuters report citing comments from the carrier's CEO, Joerg Eberhart. As per the report , the impending legal decision stems from tec...
Andreas Haas/iStock Editorial via Getty Images ITA Airways will decide within the next six to eight weeks whether to pursue legal action against aerospace supplier RTX Corporation’s ( RTX ) Pratt & Whitney unit due to persistent engine complications, according to a Reuters report citing comments from the carrier's CEO, Joerg Eberhart. As per the report , the impending legal decision stems from technical issues that have effectively grounded nearly 20% of ITA’s 80-aircraft fleet. The disruption centers on a widespread manufacturing defect involving contaminated powder metal in Pratt & Whitney’s fuel-efficient Geared Turbofan engines. The issue has forced hundreds of Airbus A320neo single-aisle jets out of service globally, exacerbated by long turnaround times for mandatory engine inspections and repairs, the report noted. Speaking on the sidelines of a global gathering of top airline executives in Rio de Janeiro, Eberhart said that ITA Airways is currently quantifying the damage it faces, which is about €150 million, and described the decision timeline as "imminent." While the Italian carrier remains in ongoing settlement discussions with Pratt & Whitney, Eberhart noted that the manufacturer's current remediation offers are "not sufficient" to cover the airline's losses. RTX did not immediately respond to Reuters' requests for comment regarding potential litigation. The industrial conglomerate has previously stated that Pratt & Whitney is implementing various operational measures to improve repair capacity and accelerate turnaround times. More on RTX Corporation Forget The SpaceX Hype: The #1 Hidden Space Defense Stock To Buy Now RTX Corporation (RTX) Presents at Bernstein 42nd Annual Strategic Decisions Conference - Slideshow RTX Corporation (RTX) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript Airbus is said to push back some plane deliveries as supply chain strains persist United CEO blasts Rolls-Royce over contract dispute, questions s...