The potential SpaceX IPO has put the sector in the spotlight, but Rocket Lab and Planet Labs are already delivering exceptional returns with or without it.
The potential SpaceX IPO has put the sector in the spotlight, but Rocket Lab and Planet Labs are already delivering exceptional returns with or without it.
In this article 9983.T-JP MC-FR 9992-HK Follow your favorite stocks CREATE FREE ACCOUNT A performance featuring Labubu in Pop Land in March 2026. CNBC Pop Mart knew Labubu would be a hit, but it didn't expect the shaggy little elf-monster to take over the world . Then, almost as quickly, the question followed: Is the bubble about to pop? It's a pressure Pop Mart has learned to live with. Investors...
In this article 9983.T-JP MC-FR 9992-HK Follow your favorite stocks CREATE FREE ACCOUNT A performance featuring Labubu in Pop Land in March 2026. CNBC Pop Mart knew Labubu would be a hit, but it didn't expect the shaggy little elf-monster to take over the world . Then, almost as quickly, the question followed: Is the bubble about to pop? It's a pressure Pop Mart has learned to live with. Investors have been asking some version of that question for years – about Labubu, about the pouty-lipped Molly, about ruddy-cheeked Twinkle Twinkle – said Si De, the Beijing-based toymaker's chief operating officer. The Labubu craze has since cooled, and Pop Mart' s stock has retreated some 40% from its August peak. Powered by Labubu, Pop Mart's revenue and net income in 2025 surged 185% and 309%, respectively. But shares fell over 22% after the earnings release Wednesday as investors weighed whether the company can keep up the momentum beyond the initial hype. CEO Wang Ning sought to reassure the market during the earnings call, saying, "Pop Mart has more than just Labubu" — and likening the expectations for the company to a "rookie racing driver suddenly thrown onto an F1 circuit." Stock Chart Icon Stock chart icon No one knows how long a character will stay popular, Si said. But Pop Mart is clear on how one fades: when you stop investing in it. "We learned this from Disney. They have a very simple truth: continuous investment," the 38-year-old executive told CNBC this month. "When you keep making the right investments, the [intellectual property] has a chance to keep going." For Pop Mart, that means going global and building worlds around its characters: films, theme parks, fashion tie-ups. The motive is not vanity projects, but commercial bets designed to keep its products like Labubu embedded in people's lives. "Of course, we hope that Labubu can also last 80, 90, or 100 years," Si said, noting Mickey Mouse is nearly a century old. "But this road is very long." The method behi...
Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories. Inflation held at an 11-month low in February , at 3%, in what would have been a lovely reading for the government and punters’ pockets alike. Given the data covers the period before the Iran war, which has upended energy markets, it’s a case of what could have been. “A few we...
Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories. Inflation held at an 11-month low in February , at 3%, in what would have been a lovely reading for the government and punters’ pockets alike. Given the data covers the period before the Iran war, which has upended energy markets, it’s a case of what could have been. “A few weeks ago, this would have represented a steady reading , and another step along the path back to target,” said Adam Deasy, economist at PwC UK. “Now, we are facing an energy-shock-shaped bump in the road.” In a cruel irony, fuel costs were among the biggest drags in February, according to the Office for National Statistics. That factor has quickly reversed as the Middle East conflict sent oil prices soaring. Food inflation touched the lowest since last March, but is also at risk. The Bank of England now expects a hike in inflation next month, and last week its rate-setting committee said it’s “ready to act.” Traders are betting on the BOE raising interest rates at least twice this year — a reversal of predictions. How quickly things can change. What’s your take? Ping me on X , LinkedIn or drop me an email at lmoon13@bloomberg.net. Oh, and do subscribe to Bloomberg.com for unlimited access to trusted business journalism on the UK, and beyond. What We’re Watching Asos ’ gross merchandise value - a key metric of the value of goods sold - improved in the first half, though it remained in negative territory, in a sign that the retailer’s turnaround plan is taking shape despite more competition and weak consumer sentiment. Shares rose 10%. Builder Crest Nicholson’s sales rates have been on the up since mid-January, following a weak period, and it’s yet to see any material impact from recent macro shocks. That follows similar sentiment from peer Bellway yesterday. Shares rose 9%, having closed at a record low yesterday. Diageo has reaped a sweet $1.8 billion from selling its stake ...
SK Hynix ( HXSCL ) has officially begun its journey to a U.S. stock market debut. On Wednesday, the South Korean chipmaker confirmed it filed a confidential application with the SEC to list its shares in the U.S. later this year, according to CNBC . The South Korean memory company first expressed interest in this move in December to obtain new capital to boost production due to rising memory deman...
SK Hynix ( HXSCL ) has officially begun its journey to a U.S. stock market debut. On Wednesday, the South Korean chipmaker confirmed it filed a confidential application with the SEC to list its shares in the U.S. later this year, according to CNBC . The South Korean memory company first expressed interest in this move in December to obtain new capital to boost production due to rising memory demand linked to the artificial intelligence sector. The firm plans to launch American Depositary Receipts by 2026, although the specifics like the size, method, and schedule of the offering are not yet determined. ADRs are certificates from U. S. banks that represent foreign company shares and tend to trade with less liquidity compared to full U. S. listings. Shares of SK Hynix surged more than 6% in Seoul on Wednesday, following news of its confidential U.S. listing plans. The company stated that the final decision regarding the listing will depend on factors such as the SEC's review, market conditions, and demand forecasts. They will share further details once they are finalized or within six months. Local reports suggest the company aims to raise between 10 trillion won and 15 trillion won, approximately $6.7 billion to $10 billion. The funds will be used to build AI infrastructure, including the Yongin Semiconductor Cluster. SK Hynix aims to expand production of advanced memory like High Bandwidth Memory ( HBM ) and enhance its lead in the AI semiconductor market. Separately on Wednesday, during the company’s annual shareholders meeting , CEO Kwak Noh-Jung stated that SK Hynix aims to secure over 100 trillion won in net cash for long-term investments. A letter to shareholders mentioned that the new M15X fab in Cheongju, South Korea, was finished ahead of schedule, and that the $15 billion Yongin Semiconductor Cluster and the advanced packaging facility in Indiana are progressing well. The letter noted “unprecedented growth” in the memory market, adding that “memory is no lo...
Donny DBM/iStock via Getty Images Key takeaways 1 Fund performance Invesco Municipal Income Fund Class A shares at net asset value (NAV) underperformed its style-specific index, the S&P Municipal Bond 5+ Year Investment Grade Index. 2 Seeking attractive opportunities through collaborative management Invesco ( IVZ ) Municipal Bond team uses a collaborative management approach. Relying on our size a...
Donny DBM/iStock via Getty Images Key takeaways 1 Fund performance Invesco Municipal Income Fund Class A shares at net asset value (NAV) underperformed its style-specific index, the S&P Municipal Bond 5+ Year Investment Grade Index. 2 Seeking attractive opportunities through collaborative management Invesco ( IVZ ) Municipal Bond team uses a collaborative management approach. Relying on our size and experience, we seek to identify the best opportunities to achieve potentially better outcomes for shareholders. 3 Analysis focused on creditworthiness Our team uses a bottom-up fundamental credit process focused on creditworthiness of individual issuers with an overlay of macroeconomic factors to capitalize on market inefficiencies. Our process has been time tested over full market cycles. Manager perspective and outlook In the fourth quarter, investment grade, high yield and taxable municipals delivered positive returns of 1.42%, 1.11% and 1.05%, with annual returns of 4.25%, 2.46% and 7.89%, respectively. 1 Despite a lengthy federal government shutdown, long-duration municipal bonds performed well during the quarter, bolstering market strength. 1 New municipal issuance reached $143 billion for the quarter and a record $584 billion for the year, surpassing last year's record $509 billion. Shifting interest rate policies, higher costs and political uncertainty likely encouraged more issuers to come to market. 1 Net flows for municipal mutual funds and exchange-traded funds (ETFs) were strong, totaling approximately $17.5 billion for the quarter and $52.4 billion for the year. 2 The US Federal Reserve (Fed) cut the federal funds rate twice, by 0.25% in October and 0.25% in December. The Fed reiterated its commitment to balancing maximum employment and a 2% inflation target. 3 We believe state and local municipal budgets remain healthy. While credit rating upgrades have moderated, upgrades outpaced downgrades in 2025, demonstrating to us strong fundamentals. 4 Our experien...
"Changed My Entire Life": Top OnlyFans Creators Mourn Death Of Billionaire Founder Top OnlyFans creator pornstar Sophie Rain, who has earned tens of millions of dollars on the adult content platform over the last several years, mourned the death of OnlyFans owner and billionaire Leonid Radvinsky on Monday. Rain, one of the platform's highest earners who has reportedly grossed over $100 million sin...
"Changed My Entire Life": Top OnlyFans Creators Mourn Death Of Billionaire Founder Top OnlyFans creator pornstar Sophie Rain, who has earned tens of millions of dollars on the adult content platform over the last several years, mourned the death of OnlyFans owner and billionaire Leonid Radvinsky on Monday. Rain, one of the platform's highest earners who has reportedly grossed over $100 million since 2023, thanked Radvinsky for changing her life. "I don't even know how to put this into words. That man built something that changed my entire life. Like, I grew up on food stamps and now I can take care of my whole family because of a platform he created. I will never forget that," Rain told the New York Post in an exclusive interview. Rain said, "Before OnlyFans, I was waitressing and barely making rent. That platform gave me everything. And that doesn't happen without someone building it in the first place." She told the NY Post that she never met the billionaire, "but everything I have right now is because he built something that gave people like me a chance," adding, "Sending so much love to his family. This is really, really sad." Piper Rockelle, another OnlyFans adult star, told the outlet, "I've only been on the platform since January, but it already changed everything for me. Like, I owe a lot to what that man built … I don't really know what to say other than thank you for building something that gave people like me a shot. I wouldn't be where I am right now without it." Radvinsky died of cancer at the early age of 43 on Monday, according to a statement from the company. His death raises new questions about the platform's future ownership, especially since he reportedly placed his majority stake in a trust in 2024. Tyler Durden Wed, 03/25/2026 - 04:15
Anna Edwards, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Anna Edwards, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)