Full Truck Alliance press release ( YMM ): Q1 Non-GAAP EPADS of $0.14. Revenue of $412.9M. GAAP EPS of $0.01 Total net revenues in the first quarter of 2026 were RMB2,848.4 million (US$412.9 million), an increase of 5.5% from RMB2,699.9 million in the same period of 2025. Net income in the first quarter of 2026 was RMB994.1 million (US$144.1 million), compared with RMB1,278.9 million in the same p...
Full Truck Alliance press release ( YMM ): Q1 Non-GAAP EPADS of $0.14. Revenue of $412.9M. GAAP EPS of $0.01 Total net revenues in the first quarter of 2026 were RMB2,848.4 million (US$412.9 million), an increase of 5.5% from RMB2,699.9 million in the same period of 2025. Net income in the first quarter of 2026 was RMB994.1 million (US$144.1 million), compared with RMB1,278.9 million in the same period of 2025. Non-GAAP adjusted net income in the first quarter of 2026 was RMB1,202.0 million (US$174.3 million), compared with RMB1,391.4 million in the same period of 2025. Fulfilled orders in the first quarter of 2026 reached 55.0 million, an increase of 14.3% from 48.2 million in the same period of 2025. Average shipper MAUs in the first quarter of 2026 reached 3.11 million, an increase of 12.7% from 2.76 million in the same period of 2025. The Company expects its total net revenues to be between RMB3.07 billion and RMB3.17 billion for the second quarter of 2026, compared with RMB3.24 billion in the same period of 2025. Excluding freight brokerage service, net revenues are expected to range from RMB2.21 billion to RMB2.30 billion, representing an estimated year-over-year growth rate of 7.1% to 11.7%. More on Full Truck Alliance Full Truck Alliance: Short-Term Headwinds Do Not Invalidate Longer-Term Growth Prospects Full Truck Alliance Co. Ltd. 2025 Q4 - Results - Earnings Call Presentation Full Truck Alliance Co. Ltd. (YMM) Q4 2025 Earnings Call Transcript Full Truck Alliance Q1 2026 Earnings Preview Full Truck Alliance on positive Catalyst Watch for earnings growth—Citi Research
georgeclerk Samsung Electronics ( SSNLF ) and its South Korean labor union reached a last-minute deal, averting a planned strike, but the terms, which included bonuses of about $416,000 for some workers, gave some concerns. Shares of Samsung jumped about 9% on Thursday on the Korea Exchange. The planned 18-day strike from May 21 by around 48,000 union members has been suspended, bringing relief to...
georgeclerk Samsung Electronics ( SSNLF ) and its South Korean labor union reached a last-minute deal, averting a planned strike, but the terms, which included bonuses of about $416,000 for some workers, gave some concerns. Shares of Samsung jumped about 9% on Thursday on the Korea Exchange. The planned 18-day strike from May 21 by around 48,000 union members has been suspended, bringing relief to the memory chipmaker. The agreement, which was mediated by the government, will be put to a vote between May 22 and May 27, Reuters reported . On Wednesday, it was reported that the strike had been put on hold and the tentative deal over wages would be put to a vote. Under the agreement, Samsung is expected to set aside about 10.5% of operating profit for special bonuses for the chip unit, which houses its memory and logic chip businesses, as per the union. The union had previously demanded 15% of operating profit be allocated to bonuses. The bonuses would be paid in company stock for at least 10 years and are conditional upon the chip unit achieving over 200T won (about $135B) in annual operating profit from 2026 to 2028 and 100T won from 2029 to 2035. A memory chip worker with a base salary of 80M won, for example, is expected to receive a bonus of nearly 626M won, or $416,000, this year, mostly paid in stock, according to a union source, the report noted. Jun Young-hyun, Samsung's chip division chief, requested staff in a letter seen by Reuters to "leave behind this time of conflict" and unite to strengthen the company's global competitiveness and long-term growth, the report added. Ryu Young-ho, a senior analyst at NH Investment & Securities, said that while the strike seems to have been averted, the agreement was not entirely positive as it had resulted in substantially higher labor costs, the report noted. Samsung did not immediately respond to Seeking Alpha's request for comment. Among the grievances was what the workers had called a massive gap in bonus p...
tadamichi/iStock via Getty Images Market Review Bonds were down fractionally. U.S. investment-grade bonds declined slightly in the first quarter, breaking their four-quarter string of gains. The volatile period included renewed tariff concerns, a Federal Reserve (Fed) policy pause, mixed economic data, war in Iran and soaring oil prices, which provoked inflation worries. Economy was uneven. Last y...
tadamichi/iStock via Getty Images Market Review Bonds were down fractionally. U.S. investment-grade bonds declined slightly in the first quarter, breaking their four-quarter string of gains. The volatile period included renewed tariff concerns, a Federal Reserve (Fed) policy pause, mixed economic data, war in Iran and soaring oil prices, which provoked inflation worries. Economy was uneven. Last year's government shutdown weighed on fourth-quarter gross domestic product, which expanded at an annual pace of only 0.5%. Manufacturing remained expansionary but slowed slightly in the first quarter, while the services sector contracted in March for the first time in more than three years. The job market rebounded strongly in March, and the unemployment rate inched lower to 4.3%. Fed left rates unchanged. The Fed's dual focus on inflation, which remained above target, and the labor market, which stabilized, resulted in rates staying unchanged in the quarter. The target short-term lending rate remained 3.5% to 3.75%. Amid growing uncertainty regarding the economy, inflation and geopolitics, the Fed and the market tempered expectations for future rate cuts. Treasury yields rose. Treasury yields were volatile and ended the period higher. Yields declined through February and reversed course in March, as oil prices and inflation expectations surged. The two-year Treasury yield ended March at 3.81%, up 0.33% for the quarter. The yield on the 10-year Treasury rose 0.15% to 4.32%. The yield curve between two and 10 years flattened. Inflation persisted. Inflation remained unchanged in the quarter. However, personal consumption expenditures edged higher in January. Overall, inflation expectations increased, and Treasury inflation-protected securities advanced and outperformed nominal Treasuries. Sector results were mixed. Mortgage-backed securities (MBS), which advanced modestly, posted a gain in the quarter. Treasuries, which barely lagged the benchmark, outperformed investment-gra...
Rheinmetall AG has begun selling €500 million ($580 million) of new debt in its first public bond offering since 2010. The arms maker is marketing the five-year senior unsecured bond at around 100 basis points over mid-swaps in initial price discussions, according to people familiar with the matter who asked not to be identified. That level should tighten over the course of Thursday as investors p...
Rheinmetall AG has begun selling €500 million ($580 million) of new debt in its first public bond offering since 2010. The arms maker is marketing the five-year senior unsecured bond at around 100 basis points over mid-swaps in initial price discussions, according to people familiar with the matter who asked not to be identified. That level should tighten over the course of Thursday as investors place bids. Funds from the offering will be used for general corporate purposes, including refinancing upcoming debt maturities, a spokesperson for the company said on Wednesday. Rheinmetall has €1.5 billion of corporate loans and more than €250 million of Schuldschein loans and convertible bonds coming due in the next five years, according to data compiled by Bloomberg. The European defense sector has seen a resurgence since Russia invaded Ukraine in February 2022, with countries including Germany looking to ramp up military spending and NATO warning of the need to increase investment and production. Credit Agricole SA and UniCredit SpA are acting as global coordinators, with Commerzbank AG, Deutsche Bank AG and Societe Generale SA also serving as bookrunners on the transaction, that is expected to price later today. Issuer Profile Debt distribution: RHM GR Equity DDIS Capital structure: RHM GR Equity CAST Related securities: RHM GR Equity RELS Ratings history: RHM GR Equity CRPR
Rachel Reeves was repeatedly shouted at by a heckler while she was answering questions from the media at a petrol station in Leeds. As the man drove away in a truck with two St George’s flags on the roof, still shouting, the chancellor responded, saying: 'I love our country', and that his lack of manners was 'not very British' Continue reading...
Rachel Reeves was repeatedly shouted at by a heckler while she was answering questions from the media at a petrol station in Leeds. As the man drove away in a truck with two St George’s flags on the roof, still shouting, the chancellor responded, saying: 'I love our country', and that his lack of manners was 'not very British' Continue reading...
(RTTNews) - Asian stocks rose broadly on Thursday as U.S.-Iran peace talks entered a critical phase and Nvidia announced record quarterly profit and revenue amid explosive demand for its advanced AI chips. Gold dipped toward $4,500 an ounce in Asian trading, weighed down by a firm dollar and higher Treasury yields. Brent crude futures rose over 1 percent to trade above $106 a barrel, after having ...
(RTTNews) - Asian stocks rose broadly on Thursday as U.S.-Iran peace talks entered a critical phase and Nvidia announced record quarterly profit and revenue amid explosive demand for its advanced AI chips. Gold dipped toward $4,500 an ounce in Asian trading, weighed down by a firm dollar and higher Treasury yields. Brent crude futures rose over 1 percent to trade above $106 a barrel, after having fallen more than 5 percent in the previous session on optimism about an end to the U.S.-Iran war and expectations for a near-term restart of energy flows through the critical Strait of Hormuz. China's Shanghai Composite index ended 2.04 percent lower at 4,077.28, reversing early gains. Hong Kong's Hang Seng index fell 1.03 percent to 25,386.52. Singamas Container Holdings slumped 13.6 percent and CIMC lost about 10 percent after U.S. prosecutors accused Chinese executives and companies of fixing shipping container prices during the COVid-19 pandemic. Japanese markets posted strong gains amid renewed enthusiasm for technology stocks. Economic reports proved to be a mixed bag, with Japan clocking a bigger-than-expected trade surplus in April, aided by an outsized increase in exports, while core machinery orders posted the steepest decline since last November in March. The Nikkei average jumped 3.14 percent to 61,684.14 while the broader Topix index settled 1.64 percent higher at 3,853.81. SoftBank Group shares jumped nearly 20 percent after SB Energy, a digital infrastructure firm that it backs, confidentially filed for an initially public offering in the United States. Seoul stocks spiked, with the Kospi index climbing 8.42 percent to 7,815.59, led by technology stocks after strong earnings from Nvidia. Samsung Electronics shares soared 8.5 percent after the management and its union leaders reached a tentative bonus pay agreement at the 11th hour, helping avert a strike at the world's largest memory-chip maker. Producer prices in South Korea climbed 2.5 percent month-on-mont...
Former health secretary Wes Streeting has set out plans for a “wealth tax that works”, by equalising tax on assets and income. Streeting said the current system – in which capital gains tax is generally much lower than income tax – was not fair and penalised work, arguing the taxes should be equalised. “The wealth gap in this country has widened, the opportunity gap in the country is widening and ...
Former health secretary Wes Streeting has set out plans for a “wealth tax that works”, by equalising tax on assets and income. Streeting said the current system – in which capital gains tax is generally much lower than income tax – was not fair and penalised work, arguing the taxes should be equalised. “The wealth gap in this country has widened, the opportunity gap in the country is widening and the gap between earned income and unearned income has also widened,” he told the BBC’s Political Thinking podcast. Laying out part of his pitch for the leadership of the Labour party, Streeting told Nick Robinson that the plan could raise up to £12bn a year. He used the example of a woman in Lancashire who paid a higher rate of tax on her salary than her landlord paid for the growing value of the house she rented. “She slogs her guts out, he puts in far less effort, yet the state rewards him more than her. And we wonder why people are angry,” he said. “The system is penalising work. It’s not fair and it’s bad for our economy. We need a wealth tax that works. A pound made from simply owning assets should not be taxed less than a pound made from a hard day’s work.” Under the current system higher or additional rate taxpayers pay 24% on gains they make in the current financial year. Streeting’s proposals would mean capital gains tax rates mirror the three bands of income tax of 20%, 40%, 45%, with a person’s capital gains tax band calculated by adding up their income and profits from assets. A 2024 report by Centre for the Analysis of Taxation estimated changing capital gains tax could raise £14bn. Critics of raising capital gains tax argue that it could result in capital flight, discourage investment, or – because the tax is paid on sale – encourage investors to hold on to assets. But Streeting said there was “a good pro-business, pro-growth, pro-productivity argument” in his proposals because the current system encouraged investment in less productive businesses. Streeting s...
In this article 9888-HK 175-HK 9973-HK Follow your favorite stocks CREATE FREE ACCOUNT Consumers with the Tesla Model Y L electric vehicle in Tesla stores in Shanghai, China on October 19, 2025. CFOTO | Future Publishing | Getty Images After years of delays, Tesla announced Thursday that its " Full Self-Driving " capabilities are now available for its electric vehicles sold in China, as China's do...
In this article 9888-HK 175-HK 9973-HK Follow your favorite stocks CREATE FREE ACCOUNT Consumers with the Tesla Model Y L electric vehicle in Tesla stores in Shanghai, China on October 19, 2025. CFOTO | Future Publishing | Getty Images After years of delays, Tesla announced Thursday that its " Full Self-Driving " capabilities are now available for its electric vehicles sold in China, as China's domestic EV brands have long since rolled out proprietary self-driving technologies. The announcement on X, which is also owned by Tesla CEO Elon Musk, listed China as one of 10 markets where the company's FSD (Supervised) system is now available. While short on details, the post marks the first time the automaker has confirmed the availability of the technology in China. The announcement comes a week after Musk, together with a U.S. delegation of business executives, joined U.S. President Donald Trump for his summit with Chinese leader Xi Jinping in Beijing. Before Thursday's announcement, the availability of its FSD technology in China was mired in ambiguity. Unlike U.S. consumers, Tesla customers in China could only access the company's Autopilot and Enhanced Autopilot systems — precursors to the FSD system — while only select users had access to limited versions as the automaker awaited regulatory approval . According to the company's China website , "intelligent assisted driving" is available on its Model 3 sedan at a one-time fee of 64,000 Chinese yuan ($9,409). While Musk had touted plans for the company to bring the FSD system — which was first unveiled in the U.S. in 2020 — to China since 2024 , these plans did not materialize as expected. In July 2024, Musk said in a second-quarter earnings call that he expected regulatory approval from China's authorities before the end of that year. Musk's professed timeline was further delayed in September 2024, after he cited that the technology was still " pending regulatory approval ." watch now VIDEO 25:17 25:17 The evolution...
The continued fall in net migration is being driven by fewer people from outside the EU arriving in the UK for work, the ONS said. An estimated 813,000 people immigrated to the UK in the year to June while 642,000 emigrated. Net migration is the difference between the number of people moving long-term to the UK and the number of people leaving the country. double quotation mark It is the lowest fi...
The continued fall in net migration is being driven by fewer people from outside the EU arriving in the UK for work, the ONS said. An estimated 813,000 people immigrated to the UK in the year to June while 642,000 emigrated. Net migration is the difference between the number of people moving long-term to the UK and the number of people leaving the country. double quotation mark It is the lowest figure since early 2021, when the post-Brexit immigration system was introduced and Covid-19 travel restrictions were still in place. Net migration to the UK stood at an estimated 171,000 in the year to December 2025, down nearly a half (48%) from 331,000 in the previous 12 months, according to new figures from the Office for National Statistics (ONS). The Press Association says: Net immigration into UK fell by almost half in 2025, down to 171,000, ONS says Reform UK and Tory supporters most likely to wrongly think net immigration has been rising, report says And this chart from the report shows that it is Reform UK and Conservative party supporters most likely to think, wrongly, that net immigration has been going up. Net immigration has been falling for at least the past two years. But many people wrongly believe the opposite, according to new research from the British Future thinktank, published before today’s ONS figures came out. (See 9.44am .) Geneva Abdul has the story. The continued fall in net migration is being driven by fewer people from outside the EU arriving in the UK for work, the ONS said. An estimated 813,000 people immigrated to the UK in the year to June while 642,000 emigrated. Net migration is the difference between the number of people moving long-term to the UK and the number of people leaving the country. double quotation mark It is the lowest figure since early 2021, when the post-Brexit immigration system was introduced and Covid-19 travel restrictions were still in place. Net migration to the UK stood at an estimated 171,000 in the year to December ...