Kuaishou Technology press release ( KUASF ): Q1 average DAUs on Kuaishou APP were 412.7 million, representing an increase of 1.2% from 408.0 million for the same period of 2025. Average MAUs on Kuaishou APP were 771.7 million, representing an increase of 8.4% from 711.7 million for the same period of 2025. Total revenues increased by 3.4% to RMB33.72 billion from RMB32.61 billion for the same peri...
Kuaishou Technology press release ( KUASF ): Q1 average DAUs on Kuaishou APP were 412.7 million, representing an increase of 1.2% from 408.0 million for the same period of 2025. Average MAUs on Kuaishou APP were 771.7 million, representing an increase of 8.4% from 711.7 million for the same period of 2025. Total revenues increased by 3.4% to RMB33.72 billion from RMB32.61 billion for the same period of 2025. Online marketing services and live streaming contributed 58.3% and 25.2%, respectively, to the total revenues. The other 16.5% came from other services. Adjusted EBITDA was RMB6.23 billion, compared to RMB6.4 billion for the same period of 2025. More on Kuaishou Technology Kuaishou Technology: Downgrade To Hold As Near-Term Setup Is Poor Kuaishou: Challenging Prospects Overshadow Q4 Outperformance (Rating Downgrade) Kuaishou Technology (KSHTY) Q4 2025 Earnings Call Transcript Historical earnings data for Kuaishou Technology Dividend scorecard for Kuaishou Technology
Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a multi-billion-dollar industry in just a few years. Along the way, they have also become the focus of growing concern that some participants are using privileged information to profit. In April, a US Army sol...
Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a multi-billion-dollar industry in just a few years. Along the way, they have also become the focus of growing concern that some participants are using privileged information to profit. In April, a US Army soldier was charged with using classified information about the timing of the capture of then-Venezuelan President Nicolás Maduro to make hundreds of thousands of dollars trading on Polymarket, one of the two most popular prediction market platforms. The case underscored the potential for markets that offer bets on social and political events to facilitate trading on nonpublic information. US lawmakers are scrambling to crack down on insider trading on prediction markets and ban bets that concern matters of life and death. A growing number of government and corporate employers are warning their workers against placing bets based on privileged information. Prediction market exchanges say their offerings comply with the law and that they are taking new steps to prevent insider trading. Polymarket and its biggest competitor, Kalshi Inc. , say they have flagged numerous insider cases on their platforms. But researchers and analytics platforms suggest that the list of suspicious trades continues to grow. Why have prediction markets come under scrutiny for possible insider trading? Polymarket offers a public blockchain ledger that makes it possible for anyone to see individual bets, though the associated accounts are generally pseudonymous. While there have always been suspicious trades across various financial markets, the unique traceability of unusually well-timed trades on Polymarket has brought scrutiny from lawmakers and regulators over insider trading risks in the prediction market industry. On April 23, the Commodity Futures Trading Commission and federal prosecutors brought...
Dana White says it's an 'honor' to build a fight arena on the White House lawn It's been hard to imagine the scene planned for the Trump White House on June 14: Mixed martial arts fighters in a cage match on the South Lawn. Though it's easier to visualize this week, as the Ultimate Fighting Championship has begun setting up bleachers and a giant arch for the planned event. The work is visible to t...
Dana White says it's an 'honor' to build a fight arena on the White House lawn It's been hard to imagine the scene planned for the Trump White House on June 14: Mixed martial arts fighters in a cage match on the South Lawn. Though it's easier to visualize this week, as the Ultimate Fighting Championship has begun setting up bleachers and a giant arch for the planned event. The work is visible to tourists and TV cameras. The UFC also released a rendering of the event, showing several thousand spectators surrounding a fenced-in octagon, the UFC's trademark, where a series of men will face off. Sponsor Message In an interview for the NPR video podcast Newsmakers, Dana White, President Trump's friend and the head of the UFC, voiced some doubt about what he's being asked to do. "There's two things I hate. I hate stadiums, and even worse than a stadium is fighting outside," White said. "There's just so many variables… rain and lightning… bugs." White nonetheless took on the task of building a temporary outdoor stadium. "We're celebrating America's 250th birthday on the lawn of the White House. And, you know, there possibly couldn't be a greater honor than that, especially for me as an American," he said. The unprecedented event is sure to draw polarizing opinions, which is true of the UFC itself. A sport linked for decades with Donald Trump White tells a story of assuming control of the UFC in 2001, when MMA fighting was so disreputable he couldn't find appropriate venues. Trump invited the UFC to stage events at his Taj Mahal casino in Atlantic City. White's UFC fought its way up to become a multi-billion dollar business by showcasing fighters who were also fighting their way up from the bottom. "People that are this tough come from some tough backgrounds," White said, adding that what makes a UFC fight successful is not only its physical ferocity but the story of the fighters. "Who are you and where do you come from? That's what I sell every Saturday night." As our disc...
Clyburn's district stays intact as South Carolina Republicans scrap redistricting toggle caption Meg Kinnard/AP The majority-Black district held for 34 years by South Carolina Democratic Rep. Jim Clyburn will survive intact, for now, after Republican state lawmakers rejected a plan to redraw congressional maps. South Carolina was the latest Southern state attempting to redraw district lines after ...
Clyburn's district stays intact as South Carolina Republicans scrap redistricting toggle caption Meg Kinnard/AP The majority-Black district held for 34 years by South Carolina Democratic Rep. Jim Clyburn will survive intact, for now, after Republican state lawmakers rejected a plan to redraw congressional maps. South Carolina was the latest Southern state attempting to redraw district lines after the U.S. Supreme Court weakened a key section of the Voting Rights Act that protected majority-Black districts. The proposed map backed by President Trump, which state senators declined to advance on Tuesday, would have targeted Clyburn, the lone Democrat in South Carolina's congressional delegation and an institution in state and national politics. Sponsor Message "We have someone in the White House that wants Republicans to ignore the Constitutional principles for which this current map was drawn," Clyburn wrote on X. "A critical number of Republicans did not believe in putting a man over the law. Today, members of the South Carolina State Senate stood up for the constitutional principles that they say they believe in." Clyburn had pledged to seek another term, regardless of the map. State officials said House primaries would have been delayed if the legislature redrew the lines. Clyburn voted in Orangeburg on Tuesday, the first day of early voting for the state's June primary. The beginning of early voting was on the minds of some state lawmakers in the state capitol, as they debated redistricting. "South Carolina citizens are going to the polls today," Republican state Sen. Richard Cash said. "And neither my conscience or common sense is going to let me stop an election that is already underway." That is one reason some Republicans cited for punting on a plan to push through a new map, at least this year. Claire Wofford, a College of Charleston political science professor, says it is likely not the only one. "It's hard to overstate the significance of Jim Clyburn in the...
For far-right extremists, the rise of a new enemy: women toggle caption Jae C. Hong/AP Evidence tied to last week's deadly attack on a California mosque illustrates a violent ideology and playbook that is all too familiar to counterterrorism and extremism experts. A 75-page typewritten document, attributed to the teenage suspects, and a livestreamed video showing the attack show extensive groundin...
For far-right extremists, the rise of a new enemy: women toggle caption Jae C. Hong/AP Evidence tied to last week's deadly attack on a California mosque illustrates a violent ideology and playbook that is all too familiar to counterterrorism and extremism experts. A 75-page typewritten document, attributed to the teenage suspects, and a livestreamed video showing the attack show extensive grounding in far-right, neo-Nazi thinking. But one facet of the ideology behind this attack has, so far, been left out of much mainstream coverage. "He just flat out says he hates women and that they're the devil and they're destroying everything. And this is an important thing, because that kind of misogyny did not exist in white supremacist circles, say, 10, 15 years ago," said Heidi Beirich, co-founder of the Global Project Against Hate and Extremism. Bierich was referring to the first part of the written document, authored by one of the two suspects. Sponsor Message For many, the suspects' apparent misogyny may seem irrelevant, given that they targeted a Muslim house of worship. But Alex DiBranco, executive director and co-founder of the Institute for Research on Male Supremacism, says it is comparable to antisemitism, a foundational underpinning of white nationalist thinking that is rooted in conspiracy theories. Antisemitism has been an essential ideological component behind white supremacist attacks at mosques, retail establishments frequented by African Americans and Latinos, gay bars and schools. "We've seen similar kinds of conspiratorial thinking about women 'pulling the strings behind the scenes' as well," DiBranco said. "And so the targeting of a mosque in San Diego is something that is interrelated not only with Islamophobia, but also with antisemitism and deep misogyny." "Anti-feminist conspiracies" DiBranco says that scholarship and news coverage of violence that is partly rooted in anti-women conspiracy theories has failed to keep pace with the spread of those dang...
ICE is spending millions of dollars on iris scanners, expanding its arsenal of tech tools toggle caption Olga Fedorova/AP The Department of Homeland Security is expanding its capacity to scan irises as part of its mass deportation efforts, a move that has raised concerns among privacy experts that the agency, flush with an influx of funding, is gathering biometric data from people it detains. The ...
ICE is spending millions of dollars on iris scanners, expanding its arsenal of tech tools toggle caption Olga Fedorova/AP The Department of Homeland Security is expanding its capacity to scan irises as part of its mass deportation efforts, a move that has raised concerns among privacy experts that the agency, flush with an influx of funding, is gathering biometric data from people it detains. The agency awarded a $25 million no-bid contract last week to BI2 Technologies, a company that specializes in iris scanning. The new contract is more than five times the amount of the company's last DHS contract, awarded last fall. NPR reached out to BI2 multiple times regarding its work with ICE, but did not hear back. Sponsor Message As part of its proposal to the company, DHS requested more than 1,500 iris scanners , as well as access to the company's mobile app, including a database where iris scans are stored. Irises contain intricate patterns that are unique to each person, similar to a fingerprint. DHS declined an interview, but told NPR in a statement that ICE officers use iris recognition technology "to assist in accurately identifying individuals encountered during immigration enforcement and removal operations, including confirming identities and backgrounds of individuals who may be subject to enforcement actions." That may include people like Norelly Mejías Cáceres. One night last fall, she was with her husband and first grade son in her Chicago apartment when a Black Hawk helicopter filled with federal immigration officers descended on the building. "We were in our room. We were sleeping. When they knocked on the door, they were pointing guns at us and they ordered us to leave," Mejías told NPR, speaking through an interpreter provided by the University of Chicago Immigrants' Rights Clinic, which is representing Mejías in a complaint against the federal government . Mejías fainted during the raid. When she came to, officers pointed a smartphone at her face to take...
Texas general election matchups are finally set. Here's what you need to know toggle caption Stewart F. House/Getty Images Stay up to date with our Politics newsletter, sent weekly. President Trump's stamp was all over Tuesday's Texas primary runoff results as his pick for Republican Senate nominee, Texas Attorney General Ken Paxton, toppled Sen. John Cornyn, and his endorsed candidates proceeded ...
Texas general election matchups are finally set. Here's what you need to know toggle caption Stewart F. House/Getty Images Stay up to date with our Politics newsletter, sent weekly. President Trump's stamp was all over Tuesday's Texas primary runoff results as his pick for Republican Senate nominee, Texas Attorney General Ken Paxton, toppled Sen. John Cornyn, and his endorsed candidates proceeded to the general election in other races up and down the ballot. But Democrats put their mark on this race too, even without a marquee race like the Senate primary, which was decided in March. Ousting longtime Democratic Rep. Al Green was the first sign that voters are ready for something new in Washington — and that Texas Republicans' redistricting hopes might be working out. Sponsor Message Here are four takeaways from Texas' primary runoffs. Ken Paxton v. James Talarico sets up expensive Senate race Texas held one of the first Senate primaries on March 3. Now that the general election matchup is set, though, don't expect to stop hearing about it. With Paxton's win on Tuesday night, the Senate seat in Texas became much more competitive than it would have been had Cornyn won. Cook Political Report moved the race from rated as Likely Republican to Lean Republican just moments after the race had been called Tuesday night. A University of Texas/Texas Politics Project poll from mid-April that tested the matchup between each Republican candidate and the Democratic nominee, state Rep. James Talarico found that Talarico came out ahead of each Republican by roughly the same amount. But more importantly, nearly 1 in 5 voters polled had not made their minds up in the race between a Republican and Talarico. While some of that support will likely solidify given Trump's endorsement of Paxton and his win in the primary, that still leaves a lot of voters up for grabs. Loading... The Texas Senate race is already the second most expensive race in the country this year, after the California g...
Powerlaw Corp. , a closed-end fund that owns stakes in Elon Musk’s SpaceX and artificial intelligence firm OpenAI , is going public without raising any capital in the latest public vehicle to cater to retail investors’ clamor for exposure to the hottest private tech companies. Powerlaw will begin trading on Nasdaq later Wednesday, chief executive officer Mike Dinsdale said in an interview. About 2...
Powerlaw Corp. , a closed-end fund that owns stakes in Elon Musk’s SpaceX and artificial intelligence firm OpenAI , is going public without raising any capital in the latest public vehicle to cater to retail investors’ clamor for exposure to the hottest private tech companies. Powerlaw will begin trading on Nasdaq later Wednesday, chief executive officer Mike Dinsdale said in an interview. About 20% of the company’s 43.24 million outstanding shares will become freely tradable and the rest will be released over the next six months, according to an earlier filing with the US Securities and Exchange Commission. Powerlaw’s debut comes as retail appetite for pre-IPO exposure has hit fever pitch, sending the shares of vehicles such as Destiny Tech100 Inc., Robinhood Ventures Fund I and Fundrise Innovation Fund LLC soaring well above the underlying value of their investments. The surge comes in anticipation of SpaceX’s IPO and alongside the rapid increase in private valuations of OpenAI and Anthropic PBC ahead of their expected IPOs. Accredited investors are those who meet certain criteria around assets or income. Unlike them, most US households have few direct ways to invest in private tech companies, said Dinsdale, whose previous roles include chief financial officer at DocuSign Inc. and DoorDash Inc. Run by affiliates of San Francisco-based venture capital firm Akkadian Ventures Inc. , Powerlaw held net assets of $604.1 million or $13.97 per share as of May 13, according to its SEC filing. These assets mostly comprise a portfolio of 18 private companies, the biggest of which is an investment in SpaceX valued at about $117 million at the same date, or more than double the stated cost of the holding. Powerlaw also holds an investment in OpenAI worth about $46.9 million. By comparison, SpaceX’s IPO is expected to value the company at $2 trillion, while OpenAI’s valuation is approaching $1 trillion ahead of reports it could soon file confidentially to go public. Powerlaw, w...
Upstart Holdings (NASDAQ: UPST) developed an artificial intelligence (AI)-powered algorithm that analyzes more than 2,500 data points to determine the credit-worthiness of a potential borrower. The algorithm gradually becomes more predictive as it ingests more data, further increasing its edge over traditional assessment methods that have relied on Fair Isaac 's FICO credit scoring system for the ...
Upstart Holdings (NASDAQ: UPST) developed an artificial intelligence (AI)-powered algorithm that analyzes more than 2,500 data points to determine the credit-worthiness of a potential borrower. The algorithm gradually becomes more predictive as it ingests more data, further increasing its edge over traditional assessment methods that have relied on Fair Isaac 's FICO credit scoring system for the past 30 years. Upstart isn't a lender. Instead, it uses its algorithm to originate loans, which are then sold to its funding partners, mainly banks. This business model is capital-light, which is why the company is generally quite profitable despite the early-stage nature of its business. Upstart stock is down by 33% this year as investors worry the sharp spike in oil prices -- caused by the conflict in Iran -- will hit household budgets and reduce demand for credit. I used this as a buying opportunity and scooped up a few shares for my portfolio in March. Here's why I think there's room for the stock to double before 2026 is over. Continue reading
Germany's Tax Revenue Collapse Signals Fiscal And Industrial Breakdown Submitted by Thomas Kolbe The German federal government and municipalities are the major fiscal losers of 2026. The partly dramatic collapse in tax revenues reveals two things: the transformation disaster is staggering toward its end, and citizens are being squeezed by the state like lemons until the very last moment. No matter...
Germany's Tax Revenue Collapse Signals Fiscal And Industrial Breakdown Submitted by Thomas Kolbe The German federal government and municipalities are the major fiscal losers of 2026. The partly dramatic collapse in tax revenues reveals two things: the transformation disaster is staggering toward its end, and citizens are being squeezed by the state like lemons until the very last moment. No matter how you spin it, the tax party of Germany’s welfare-state engineers is over. In the first four months of the year, Germany’s total tax intake developed into a fiscal catastrophe . During that period, the federal government, states, and municipalities collected 2% less revenue than a year earlier. Germany's tax authority. At first glance, that may sound unspectacular. In reality, however, it marks a turning point. Until now, complaints from German budget politicians merely reflected disappointment over slower growth in tax revenues - never an outright decline in state income. That has apparently changed. Every social welfare system - and with it the entire state apparatus - has been structured around the assumption of disproportionately rising tax revenues. Where this ultimately leads can be seen in the spending behavior of the federal government . Berlin has maneuvered itself into a self-reinforcing spending spiral. The rules of prudent bookkeeping, once considered binding even for political leaders, have been discarded in the stampede of the new socialism. Federal expenditures are now increasing at an annual rate of more than 5%. Yet the federal government itself has suffered an 8.3% decline in tax revenues compared with last year. Rightly so: decadent excess must eventually be punished. Or put differently: Finance Minister Lars Klingbeil is not merely overwhelmed by his responsibilities - he is a political gambler, much like his chancellor, a reckless counterfeiter intoxicated by delusions of political omnipotence and state-engineered possibility. A look under the fiscal...
Conservative Christians love this painting of George Washington. The event it depicts may not have happened toggle caption First Freedom Art Company Not everyone sees the same thing when they look at an image. A picture of George Washington praying might seem unremarkable to some. To others, it's a powerful statement about how the United States was founded as a Christian nation. The image is a fav...
Conservative Christians love this painting of George Washington. The event it depicts may not have happened toggle caption First Freedom Art Company Not everyone sees the same thing when they look at an image. A picture of George Washington praying might seem unremarkable to some. To others, it's a powerful statement about how the United States was founded as a Christian nation. The image is a favorite of President Trump's administration; it has shown up in social media posts from the Defense Department , the Department of Labor , the Department of Homeland Security , on a White House page and even for sale on a federal government website celebrating America's 250th anniversary. All are based on a 1975 oil painting by Arnold Friberg on display at the Museum of the Bible in Washington D.C. Large and imposing, "The Prayer at Valley Forge" recently attracted the attention of visitor Rhonda Bolash, visiting from Fort Worth, Texas Sponsor Message "It's beautiful," she says. "George Washington kneeling, praying to our Lord. And you can just see he's asking for help. It's amazing." According to the museum's wall text: "'The Prayer at Valley Forge' is a poignant portrayal of George Washington during one of the most critical moments in the American Revolution. In the harsh winter of 1777-78, amidst the immense hardships faced by the Continental Army at Valley Forge, many believe Washington knelt in a moment of solitary prayer, seeking guidance and strength from God." toggle caption Saturday Evening Post But many historians do not believe there is much evidence for this story. Thomas Tweed, professor emeritus at the University of Notre Dame, has written about its origins, which came from a popular biography written shortly after Washington's death entitled The Life of George Washington: With Curious Anecdotes, Equally Honourable to Himself and Exemplary to His Young Countrymen. "Parson Weems, Washington's early biographer, concocted that story — as well as the yarn about Geor...
Sharon Bell, equity strategist at Goldman Sachs, discusses the artificial intelligence trade and why she thinks European stocks, and not just tech firms, can benefit. She speaks on Bloomberg Television. (Source: Bloomberg)
Sharon Bell, equity strategist at Goldman Sachs, discusses the artificial intelligence trade and why she thinks European stocks, and not just tech firms, can benefit. She speaks on Bloomberg Television. (Source: Bloomberg)
BOE Technology is on investors’ radar screens again after announcing its foray into a business linked to artificial intelligence infrastructure, causing the stock price of the Chinese maker of liquid-crystal displays (LCDs) to rally following years of listlessness. Yuan-denominated shares of the world’s biggest LCD maker have surged more than 30 per cent in Shenzhen over the past week after the co...
BOE Technology is on investors’ radar screens again after announcing its foray into a business linked to artificial intelligence infrastructure, causing the stock price of the Chinese maker of liquid-crystal displays (LCDs) to rally following years of listlessness. Yuan-denominated shares of the world’s biggest LCD maker have surged more than 30 per cent in Shenzhen over the past week after the company said last week that it would partner with Corning, the US manufacturer of optical fibres and cables, in the fields of glass-substrate packaging, optical interconnects and foldable glass. Investor reaction was so enthusiastic that BOE had to quickly issue a clarification to downplay the effects of the business collaboration on short-term earnings. That followed its shares surging by 10 per cent on two consecutive days last week, the maximum daily swing allowed by the Shenzhen exchange. Advertisement BOE’s sudden jump shows how AI can lift an old-economy company almost forgotten by investors and thrust it back into the limelight. The company fits well into the evolving narrative of the AI business, where traders are shifting to companies that stand to benefit from the AI infrastructure buildout, ranging from optical fibres to memory chips and printed circuit boards. “BOE is riding on the wave of the AI infrastructure buildout, as the market is identifying the relevant companies whose shares haven’t soared much,” said Wang Chen, a partner at Xufunds Investment Management in Shanghai. “Its cooperation with Corning is a catalyst for the business that would fuel more upside room for the stock. But it remains to be seen whether the new business will turn into a driver for growth.” Advertisement BOE was founded by entrepreneur Wang Dongsheng in 1993 and started from a struggling vacuum tube factory in Beijing. It acquired the display business of South Korea’s Hyundai in 2003, a critical decision that eventually helped it achieve its current stature. But with growth of the fla...
1. [para. 1] CreditEase, a pioneering Chinese internet-finance firm, has suspended principal and interest payments on fixed-income wealth management products sold by its Heritvest unit. This affects an estimated 30 billion yuan ($4.4 billion) and has revived concerns about shadow banking risks, as reported by Caixin. 2. [para. 2] The suspension was confirmed to Caixin by multiple investors and a r...
1. [para. 1] CreditEase, a pioneering Chinese internet-finance firm, has suspended principal and interest payments on fixed-income wealth management products sold by its Heritvest unit. This affects an estimated 30 billion yuan ($4.4 billion) and has revived concerns about shadow banking risks, as reported by Caixin. 2. [para. 2] The suspension was confirmed to Caixin by multiple investors and a representative of U.S.-listed Yiren Digital Ltd., a company controlled by CreditEase founder Tang Ning. 3. [para. 3] An open letter attributed to Tang Ning and circulated among investors stated the company had decided to halt payments. Yiren Digital denied the letter's authenticity but acknowledged that CreditEase had begun winding down the products and had reported the move to regulators. 4. [para. 4] Senior executives at CreditEase and Heritvest have been barred from leaving China and have been summoned to explain the situation to Beijing’s local financial regulators, according to sources familiar with the matter. 5. [para. 5] Investors reported that payment delays had started earlier this year before culminating in the abrupt suspension the previous week. 6. [para. 6] This crisis marks a fresh reckoning for business models that emerged during China’s peer-to-peer lending boom. Industry participants and a former employee indicated that Heritvest’s products were widely suspected of ultimately funding loans facilitated by Yiren Digital. 7. [para. 7] Yiren Digital’s shares fell 14.4% on Friday and another 10.6% on Tuesday. The stock has lost more than 60% of its value this year. AI generated, for reference only
(RTTNews) - Sopra Steria Group (SOPR.PA, SPSAF, SPPSY), a French-based tech company, on Wednesday announced a share buyback programme worth 40 million euros. The programme was launched under shareholder approval granted at the company's Annual General Meeting held on May 20, which authorised share buybacks of up to 10% of its share capital. The company said the repurchased shares will be cancelled...
(RTTNews) - Sopra Steria Group (SOPR.PA, SPSAF, SPPSY), a French-based tech company, on Wednesday announced a share buyback programme worth 40 million euros. The programme was launched under shareholder approval granted at the company's Annual General Meeting held on May 20, which authorised share buybacks of up to 10% of its share capital. The company said the repurchased shares will be cancelled. The company appointed an independent investment services provider to carry out the share repurchase programme. Sopra Steria is currently trading 1.13% higher at EUR 143.90 on the Paris Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The frenzy in memory-chip stocks continued on Wednesday as SK Hynix took less than 24 hours to join American peer Micron Technology in the $1 trillion valuation club.
The frenzy in memory-chip stocks continued on Wednesday as SK Hynix took less than 24 hours to join American peer Micron Technology in the $1 trillion valuation club.