All Others segment revenue decreased by 25%, mainly due to the disposal of Sun Art and Intime businesses and a decrease in revenue from China. Story Continues Q & A Highlights Q: Could you give us some specific examples of how Token Hub will change how the different cloud and AI businesses work together going forward from an organizational standpoint? And strategically, what changes or goals are y...
All Others segment revenue decreased by 25%, mainly due to the disposal of Sun Art and Intime businesses and a decrease in revenue from China. Story Continues Q & A Highlights Q: Could you give us some specific examples of how Token Hub will change how the different cloud and AI businesses work together going forward from an organizational standpoint? And strategically, what changes or goals are you hoping to achieve with this new structure that improves on the previous arrangement going forward? A: (Yongming Wu, CEO) The establishment of the ATH Business Group is connected to the agent-driven era of AI development. In this era, we need to achieve a close integration of models with applications, which is different from the earlier AI period. The ATH Business Group aims to enhance this integration, allowing us to leverage data from customer interactions to improve model capabilities. Our top priority is to develop the most intelligent models, which will drive the deployment of AI applications across industries. Q: We see CMR growth slowing notably in the December quarter, given the macro pressures. Could you share your latest view on the CMR trends heading into the March quarter? A: (Yongming Wu, CEO) In the December quarter, weak macro consumption and other factors challenged growth. However, going into the March quarter, with improving consumer sentiment and momentum from our Quick Commerce strategy, our physical goods GMV and CMR trend have significantly recovered from the December quarter, and EBITDA is expected to improve accordingly. Q: How should we look at the priority going forward for Quick Commerce? Are we aiming for market share or hoping to improve unit economics? A: (Yongming Wu, CEO) While growing our market share, we have significantly improved unit economics through better logistics efficiency, monetization, and order mix optimization. Quick Commerce is driving sales in various categories and contributing to growth in Freshippo and Tmall supermarkets...
In this article GOOG FIG Follow your favorite stocks CREATE FREE ACCOUNT Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Figma's downward slide this year, driven by concerns about artificial intelligence, intensified over the past two days after Google intoduced an AI-powered design product. On...
In this article GOOG FIG Follow your favorite stocks CREATE FREE ACCOUNT Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Figma's downward slide this year, driven by concerns about artificial intelligence, intensified over the past two days after Google intoduced an AI-powered design product. On Tuesday, Google released a new product in beta called Stitch, which lets users enter a prompt to create a design for their projects. Google claims the feature is a "design agent" that can give real-time design critiques, and that responds to voice. Google isn't charging for Stitch, nor does it make promises about the availability of the service. But with Wall Street on edge regarding all potential threats from AI, Figma is getting punished. Shares of Figma dropped 8% on Wednesday followed by a decline of more than 3% on Thursday. The stock is down about 35% this year, tumbling alongside a broader slide in the software industry. A Figma representative declined to comment. Figma went public in July, assuring investors the company was positioned to benefit as more users turn to AI products for design. Adobe attempted to buy Figma in 2023 but ultimately terminated the planned $20 billion deal due to regulatory hurdles. Adobe shares are down about 4% over the past two days. Should Google launch its new feature to paying customers in the future, it could represent an effort to own more of the product design workflow and to keep users inside its enterprise ecosystem. The company has deep pockets, massive distribution, and a willingness to bundle products. Google didn't immediately respond to request for comment. In October, Google Cloud and Figma announced an expanded partnership that involved more of Google's generative AI technology being added into Figma's platform. The Figma Make tool allows people to type in a few words and have AI models from Anthropic and Google. — CNBC's ...
OlegAlbinsky/iStock via Getty Images The growth of Brookfield's ( BN ) assets under management ("AUM") is set to underpin sustained revenue, fee-related earnings, and multiple growth for the firm even as the market gets jittery around private credit and the impact of AI on the software industry. BN's most important asset is its 73% ownership stake in alternative asset manager Brookfield Asset Mana...
OlegAlbinsky/iStock via Getty Images The growth of Brookfield's ( BN ) assets under management ("AUM") is set to underpin sustained revenue, fee-related earnings, and multiple growth for the firm even as the market gets jittery around private credit and the impact of AI on the software industry. BN's most important asset is its 73% ownership stake in alternative asset manager Brookfield Asset Management ( BAM ), a Manhattan-based firm that fundraised $35 billion during the fiscal 2025 fourth quarter. This formed a record quarter for capital formation, with the total for the full year at $112 billion, raising BAM's total AUM to $1.2 trillion and fee-bearing capital to $603 billion. This grew by 12% year-over-year, a nominal growth of $64 billion, as BAM continues to build what I'd describe as an extremely sticky and long-dated recurring revenue base. This limited reliance on volatile carry or transaction-driven income. While BAM has dipped by 31.43% from its 52-week high, BN has so far dipped 20.82%. This disparity is broadly unique, with the performance of both securities typically tracking each other closely. It implies BAM being oversold or a downside ahead for BN on a reversion to the mean. BN last declared a quarterly cash dividend of $ 0.06 per share , kept unchanged from its prior distribution, and $0.24 per share annualized to drive a 0.61% dividend yield. BAM provides the enhanced income choice, with its quarterly dividend just hiked 15% to $0.5025 per share , annualized for a 4.57% dividend yield. BAM is the higher-income, lower-beta play. This has been inverted since the high-profile September collapse of First Brands Group and Tricolor sparked fears of "credit cockroaches" and pushed private credit into what I've termed a manufactured crisis. Brookfield Asset Management Fiscal 2025 Fourth Quarter Supplemental Data by YCharts BAM has $280 billion of fee-bearing capital in credit, around 46.4% of the total. Fee-related earnings ("FRE") came in at $867 milli...
Key Points CenterPoint Energy has risen 24% in the past 12 months. The company is planning to spend $65 billion over the next decade to stimulate further growth. 10 stocks we like better than CenterPoint Energy › CenterPoint Energy (NYSE: CNP) stock recently reached an all-time high of over $44 per share, and the Houston-based utility holding company is benefiting from a convergence of tailwinds t...
Key Points CenterPoint Energy has risen 24% in the past 12 months. The company is planning to spend $65 billion over the next decade to stimulate further growth. 10 stocks we like better than CenterPoint Energy › CenterPoint Energy (NYSE: CNP) stock recently reached an all-time high of over $44 per share, and the Houston-based utility holding company is benefiting from a convergence of tailwinds that's propelling it upward. The stock has risen 24% in the past year, which is a terrific run for a regulated utility company. There are four main drivers behind why the CenterPoint stock has taken off and could continue to see substantial growth going forward. CenterPoint is one of the most compelling infrastructure plays available. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » AI and data centers in Texas The single biggest reason energy stocks like CenterPoint are seeing explosive demand and growth is because of the electricity needs of AI and AI-related infrastructure. CenterPoint has reported an incredible 700% increase in data center interconnection requests in Texas alone. Furthermore, approximately two-thirds of new load growth in the Houston area is from data centers. The acceleration in demand is staggering, and CenterPoint expects 10 gigawatts of new electric demand by the end of 2029. Houston is a boom town Houston's population is growing, and it is growing fast. From 2010 through 2023, Houston added approximately 1.5 million new residents. It is the second-fastest-growing metropolitan area in the country, behind only Dallas-Fort Worth. The population increase, paired with diverse economic growth in oil and energy, manufacturing, life sciences, exports, and technology, is contributing to demand for CenterPoint's electricity. Massive investment in capital expenditures CenterPoint is ready to ...
The post An Under-$1 Pre-IPO AI Investment Still Open to Retail Investors by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. By the time most investors hear about a company, it’s already public and priced like it. Immersed is different. It’s a pre-IPO, private company operating at the intersection of AI, Spatial Computing, and productivity, wi...
The post An Under-$1 Pre-IPO AI Investment Still Open to Retail Investors by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. By the time most investors hear about a company, it’s already public and priced like it. Immersed is different. It’s a pre-IPO, private company operating at the intersection of AI, Spatial Computing, and productivity, with more than 1.5 million users already working the equivalent of 2,000 years inside its platform. That usage matters because Immersed is not selling an idea. It is building the full next-gen computing stack that combines software, hardware, and AI, anchored in real user behavior. Major technology partners include Meta , Samsung , and Qualcomm . The company has also reserved a Nasdaq ticker ($IMRS) and is currently allowing new Pre-IPO investors in at $0.66 per share. Opportunities at this stage tend to disappear quickly once the broader market takes notice. Invest before the pre-IPO round closes. Investors can earn up to 20% bonus shares, depending on investment size. An investment opportunity you don’t want to miss Immersed changed the game in extended reality (XR), developing the Meta Quest store’s most popular productivity app. They develop enterprise-grade software that enables professionals and teams to work full-time in shared virtual environments using AR and VR, supporting multiple virtual displays, real-time collaboration, and seamless integration across macOS, Windows, and Linux. But that’s not all. Immersed’s soon-to-be-released XR headset has 2M more pixels than Apple’s Vision Pro for 70% less cost and weight. No wonder they’re projecting $71M in first-year sales . Here’s how they’re redefining the $250B+ future of work: Breakthrough Platform : Immersed built the first full-stack remote productivity system, combining immersive XR software, a distraction-free AI assistant, and its own lightweight Visor headset to replace the traditional desktop. Massive Momentum ...
Key Points Micron's revenue tripled, and earnings per share jumped by more than 8x. It topped Nvidia in a key profit metric. The stock sold off after hours, showing investors are skeptical about long-term growth. 10 stocks we like better than Micron Technology › Micron (NASDAQ: MU) just delivered another blockbuster earnings report. Investors had expected another growth surge from the memory chip ...
Key Points Micron's revenue tripled, and earnings per share jumped by more than 8x. It topped Nvidia in a key profit metric. The stock sold off after hours, showing investors are skeptical about long-term growth. 10 stocks we like better than Micron Technology › Micron (NASDAQ: MU) just delivered another blockbuster earnings report. Investors had expected another growth surge from the memory chip leader, but Micron easily exceeded expectations. Revenue nearly tripled, jumping 196% to $23.9 billion, which was well ahead of the consensus at $19.2 billion. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » That growth was driven by soaring demand for memory in the AI build-out and a supply crunch that's driving up prices for memory chips. While revenue tripled in the quarter, profits were up considerably more, as gross margin more than doubled, jumping from 36.8% to 74.4%, and net income jumped 771% to $13.8 billion, or $12.07 per share. After adjustments, EPS came in at $12.20, easily beating the consensus estimate of $8.65. Pricing dynamics for Micron were strong enough that operating margin more than tripled to 67.6%, a level that even Nvidia (NASDAQ: NVDA) has never reached. Like Micron, Nvidia has also seen profit margins soar, and it's delivered phenomenal results with its operating margin reaching a record of 65% in its most recent quarter. That achievement shows that Micron is now seeing a similar windfall to Nvidia, which explains why the stock has surged over the past year. A DRAM semiconductor held by a lab technician. Image source: Getty Images. Is Micron's AI boom sustainable? Despite Micron's phenomenal results, Wall Street seems to believe that its margins may be peaking as the stock actually fell on the news, trading down 3% after hours. Memory is notoriously cyclical, prone to shortages...
Social network Bluesky is gearing up for big changes with today’s news that the company raised $100 million in Series B funding. The round, led by Bain Capital Crypto, was closed in April 2025 but had not been disclosed until now. Others that participated in the round include existing investors Alumni Ventures and True Ventures, plus Anthos Capital, Bloomberg Beta, and Knight Foundation. This roun...
Social network Bluesky is gearing up for big changes with today’s news that the company raised $100 million in Series B funding. The round, led by Bain Capital Crypto, was closed in April 2025 but had not been disclosed until now. Others that participated in the round include existing investors Alumni Ventures and True Ventures, plus Anthos Capital, Bloomberg Beta, and Knight Foundation. This round follows Bluesky’s $15 million Series A, led by Blockchain Capital, closed in 2024, and its $8 million seed round from Neo and other angel investors the year prior. Bluesky did not disclose its updated valuation. The funding news has been strategically shared the week after Bluesky CEO Jay Graber announced she was stepping down from the lead role and transitioning to become Chief Innovation Officer. The move had signaled both Graber’s desire to return to building as well as the need for the company to hire a chief executive who could drive Bluesky forward to commercial success. Since its Series A, Bluesky has seen rapid growth from 13 million to, now, over 43 million global users. Its ecosystem of apps that work on the AT protocol (also known as atproto) and interoperate with one another has also grown, from startups like the video app Skylight or Instagram alternative Flashes to larger companies like Flipboard, which has been building an open social app, Surf. New communities have also sprung up, like Blacksky, which supports Black social media users. The addition of another crypto-oriented VC firm may give some Bluesky users pause, however, especially since, so far, the company has not integrated cryptocurrencies into its offering. Bluesky isn’t built on blockchain technology, either. Still, former CEO Graber’s earlier work with the cryptocurrency Zcash helped inspire the social network’s decentralized design, which has appealed to investors in the crypto space. As Graber once told Wired in an interview, “the term Web3 got very associated with cryptocurrency, so it’s not...
It's impossible to argue that Netflix (NFLX 3.00%) isn't one of the most disruptive companies of the century. It created the streaming video category, resulting in monster success. Shares have soared 26,440% in the past two decades (as of March 16). Today, Netflix holds a market cap of about $400 billion. What if the streaming pioneer becomes the next trillion-dollar stock? The math says it's poss...
It's impossible to argue that Netflix (NFLX 3.00%) isn't one of the most disruptive companies of the century. It created the streaming video category, resulting in monster success. Shares have soared 26,440% in the past two decades (as of March 16). Today, Netflix holds a market cap of about $400 billion. What if the streaming pioneer becomes the next trillion-dollar stock? The math says it's possible Currently, 12 companies carry a market cap of $1 trillion or more. This is clearly an illustrious group to be a part of. The businesses on this list dominate their respective industries, a description fitting for Netflix as well. Netflix's market cap would need to expand by 150% for it to reach the $1 trillion mark. The math says that hitting this milestone is possible. In the past 10 years, the market cap soared by 859%. Even factoring in a slowdown in the future, it can be a realistic outcome. The company's financial performance has been stellar. Netflix's diluted earnings per share (EPS) increased at a compound annual rate of 36.5% between 2022 and 2025. The consensus view among Wall Street analysts is that this profit metric will grow at a yearly pace of 21.2% over the next three years. It's difficult not to get excited about Netflix's growth. In 2025, it added 23 million net new subscribers, pushing revenue 16% higher. Ad sales are projected to double this year to $3 billion. And it's pushing into new areas, like live sports and events, gaming, video podcasts, and physical experiences. Expand NASDAQ : NFLX Netflix Today's Change ( -3.00 %) $ -2.84 Current Price $ 91.86 Key Data Points Market Cap $400B Day's Range $ 90.78 - $ 95.75 52wk Range $ 75.01 - $ 134.12 Volume 1.5M Avg Vol 48M Gross Margin 48.59 % Only time will tell Given Netflix's long-term trajectory, I don't believe there are many market participants that believe this won't be a trillion-dollar stock one day. This is a quality business that continues to operate at a high level. However, the ultimate que...
New Funding Crisis Emerges As Soaring Dollar Demand Slams Gold, Drives Cross-Currency Basis Lower This week has been different for precious metals... Spot gold is currently down -8.5% for the week, which is the worst week since March 2020, but it was earlier down -10%, which would have been the worst week since 1983 ... Notice that the big legs lower in gold this week have occurred during the Asia...
New Funding Crisis Emerges As Soaring Dollar Demand Slams Gold, Drives Cross-Currency Basis Lower This week has been different for precious metals... Spot gold is currently down -8.5% for the week, which is the worst week since March 2020, but it was earlier down -10%, which would have been the worst week since 1983 ... Notice that the big legs lower in gold this week have occurred during the Asia and European session . Which got us thinking... Is gold the canary in the coalmine of a dollar funding crisis? As we warned earlier in the week, we are seeing strains begin to emerge in the global financial system's plumbing . UBS traders noted sizable moves in JPYUSD and CHFUSD X-ccy basis suggesting rising demand for dollars.. If there's a dollar shortage, people will sell gold first. And in case you were wondering, this is why Asia could be where the funding crisis is emerging... And don't forget, China does not have an LNG stockpile (and prices are up over 100% in Europe)... Swap spreads (another arcane signal of potential stress in the market's funding channels), are pushing notably wider... All we need now is a funding crisis (though it may force The Fed's hand to slash rates ). And talking of Fed cuts, the market is now pricing in no rate-cuts from The Fed this year... ...but, as Bloomberg reports, a couple of decent sized upside flows seen in SOFR options in recent trading, which look to cover tail-risk hedge of up to two 25bp rate cuts from the Fed over the coming weeks . Why would that happen? So far, no one has reached for help from The Fed... Time for someone to 'panic first' (and this with The Fed doing $40BN on 'Not QE'? Tyler Durden Thu, 03/19/2026 - 15:00
The post The Multifamily Investment Sector is Heating Up in the Midwest. BAM Capital Gives Individual Investors Institutional-Grade Access to Data-Driven Investments. by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. The past few years have been rough for the multifamily investment sectors, mostly due to rising interest rates and new construc...
The post The Multifamily Investment Sector is Heating Up in the Midwest. BAM Capital Gives Individual Investors Institutional-Grade Access to Data-Driven Investments. by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. The past few years have been rough for the multifamily investment sectors, mostly due to rising interest rates and new construction. Toward the end of 2025, however, investors started pricing assets based on long-term potential rather than short-term speculation. As a result, national multifamily investment returns stabilized as borrowing costs edged lower and rent growth returned to positive territory. Market data show moderate but meaningful improvements. Investment Strategy Est. Market Net IRR* Market Cash-on-cash** Core/Core-Plus (low-moderate risk) 6-10%/ 8-12% 5-7% Value-Add (moderate risk) 11-16% 6-9% Opportunistic/Development (High risk) 16%+ Variable * Market Net IRR: Represents estimated industry-standard net returns for the Midwest region in 2025. ** Market Yield: Based on regional averages for stabilized multifamily assets. Note: Market benchmarks are provided for situational context only. They are not representative of BAM Capital’s specific fund performance or guarantees of future results. As a leader in institutional-grade multifamily real estate, BAM Capital leverages a vertically integrated model and a track record of excellence to deliver sophisticated investment opportunities and transparent results for their partners. The firm leverages a disciplined, data-driven investment approach and deep local expertise to acquire, manage, and optimize institutional-quality multifamily assets. With a track record of more than $1.85 billion in completed transactions and consistent, market-leading fund performance, BAM Capital provides accredited investors with access to institutional-grade multifamily assets designed for long-term stability, backed by a disciplined approach to risk management...