好未来表示，2026财政年度下半年的同比增长率预计将低于上半年。其进一步解释道，学习设备业务从 早期快速扩张期，逐步过渡到更稳健的增长阶段，增速自然回落；另一个考虑因素是，好未来产品在财 政年度推出的时间也造成了不同类型的可比基础。例如，上个财年的第三季度，受益于8月底推出的一 些新产品线。2026财年的第三财季，主要产品在2025年5月早些时候推出，反而增加了两个财政季度的 销售额。 2026财年前三季度，好未来净收入为22.07亿美元，同比增长34.5%；归属于好未来的净利润为2.859亿 美元，同比增长211.2%。截至2025年11月30日，好未来现金、现金等价物和短期投资合计余额为36.17 亿美元。 在当晚的电话会议上，好未来表示，该季度学习设备业务收入与销量均实现同比增长。该业务"双十 一"大促市场份额符合预期，用户黏性强（周活跃率约80%、日均使用时长约1小时），平均客单价低于 4000元，但目前仍处于亏损阶段。AI助手"小思"截至2025年12月激活次数超10亿次，嵌入式AI伴侣累计 提供数十万小时指导性学习。学习服务业务（含线下小班课和线上业务）收入同比增长。第三财季，该 公司线下小班课收 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a projected investment return exceeding the market benchmark by more than 15% over the next 6-12 months [6]. Core Insights - The company reported a revenue of $770.2 million for FY26Q3, representing a year-on-year growth of 27.0%. The net profit attributable to shareholders reached $130.6 million, a significant increase of 466.1% year-on-year. The Non-GAAP net profit was $141.4 million, up 266.6% year-on-year [1]. - The learning services and other segments showed robust growth, with offline small class revenues increasing due to higher enrollment numbers and stable pricing. The online quality courses also saw growth driven by technological innovations and enhanced user experience [1][2]. - Cost control measures led to a notable improvement in profit margins, with the Non-GAAP net profit margin reaching 18.4%, an increase of 12.0 percentage points year-on-year [3]. Financial Projections - The company has revised its net profit forecasts for FY2026 to FY2028 upwards to $369 million, $482 million, and $606 million respectively, with corresponding PE ratios of 21x, 16x, and 13x [4]. - Revenue projections for FY2024 to FY2028 are set at $1.49 billion, $2.25 billion, $2.975 billion, $3.764 billion, and $4.606 billion, with growth rates of 46.2%, 51.0%, 32.2%, 26.5%, and 22.4% respectively [5][10].

We recently published 10 Big Names With Explosive Gains.  TAL Education Group (NYSE:TAL) was one of the top performers on Thursday. TAL Education jumped by 18.03 percent on Thursday to close at $12.70 apiece as investors took heart from an impressive earnings performance in the third quarter of fiscal year 2026. In an updated report, TAL Education Group (NYSE:TAL) said that attributable net income surged by 465 percent to $130.6 million from $23.1 million in the same period last year. TAL Education Pho ...

30 January 2026 | 1:52AM HKT Equity Research TAL Education Group (TAL) 3QFY26 Review: A proof of business model quarter; Stronger learning services profitability to offset memory cost uncertainties; Buy | | | On the 3QFY26 earnings call (First Take), TAL management framed a few key themes: 1) AI-driven learning products: AI advancements are fundamentally transforming the education technology landscape, while TAL is developing AI agent full stack capabilities across diverse learning scenarios (e.g. AI assist ...

Group 1 - The core viewpoint of the article emphasizes that the China Railway Group has declared the 12306 platform as the only official ticket sales channel, stating that it has not partnered with any third-party platforms and will enhance its system to combat ticket scalping [2][3] - The China Railway Group's passenger department director, Zhu Wenzhong, highlighted the negative impact of third-party platforms on the stability of the 12306 system and announced plans to optimize the risk control system for effective identification [3] - The railway authority is focusing on four key areas for ticket sales organization: addressing the needs of students, workers, and the elderly; introducing a limited-time free refund policy for erroneous purchases; continuously improving ticket sales strategies; and ensuring the stable operation of the 12306 system [5] Group 2 - The article mentions that the 2026 Spring Festival travel period is expected to see a record 9.5 billion person-times of cross-regional movement, with self-driving travel being the main mode of transport, accounting for about 80% [6] - The article also notes that the total passenger volume for railways and civil aviation is projected to reach 540 million and 95 million respectively during the Spring Festival travel period, with both figures expected to exceed historical peaks [6]

来源丨新华社 编辑丨曾静娇 黄金白银深夜跳水反弹，Meta涨10%，微软跌10%，好未来飙升18%，加密货币超22万人被爆仓 中国投资者去年买走全球近十分之一黄金 SFC 21君荐读 美国总统特朗普29日签署行政令，宣布国家紧急状态，威胁对向古巴提供石油的国家输美商品 加征从价关税。 ...

记者丨曾静娇 编辑丨刘雪莹 美东时间周四，美股三大指数收盘涨跌不一，科技股走势分化，Meta大涨10%，微软重挫10%；中概在 线教育股多数上涨，好未来涨超18%；黄金白银深夜巨震，盘中跳水一度回吐所有涨幅，而后探底回 升；加密货币全线重挫，超22万人被爆仓。 | 道琼斯工业 | 纳斯达克指数 | 标普500 | | --- | --- | --- | | 49071.56 | 23685.12 | 6969.01 | | +55.96 +0.11% | -172.33 -0.72% | -9.02 -0.13% | | 美国科技七巨头 | 中概科技龙头 | 中国金龙 | | 66474.27 | 4465.93 | 7919.48 | | -544.13 -0.81% | +7.05 +0.16% | +27.47 +0.35% | 具体来看，大型科技股走势分化，英伟达涨0.52%，走出三连阳；谷歌涨0.71%，收于历史新高；Meta 涨近10%，2025Q4业绩超预期。 下跌方面，微软跌超10%，2026财年Q2云业务增速放缓，资本支出创新高。特斯拉跌超3%，其全年营 收首次出现下滑。 微软的暴跌重创软件 ...

Market Overview - The U.S. stock market showed mixed results with major indices fluctuating, as technology stocks experienced divergent trends, with Meta rising by 10% and Microsoft dropping by over 10% [1][2] - The Nasdaq China Golden Dragon Index saw a slight increase of 0.35%, while online education stocks mostly rose, with TAL Education surging over 18% [1][4] Technology Sector - Major tech stocks displayed varied performance; Nvidia increased by 0.52%, Google rose by 0.71% to a historical high, while Microsoft fell over 10% due to slowing cloud business growth and record capital expenditures [2][3] - ServiceNow, despite reporting better-than-expected quarterly earnings, dropped nearly 10% following Microsoft's decline, indicating a broader impact on the software sector [3] Commodities - Gold and silver experienced significant volatility, initially dropping but ultimately closing higher, with COMEX gold and silver both rising over 1% [4][6] - International oil prices surged by over 3% amid rising tensions in the Middle East, with concerns about potential disruptions in oil transport [6] Cryptocurrency Market - The cryptocurrency market faced a sharp decline, with Bitcoin dropping over 5% to below $84,500, and over 220,000 traders facing liquidation, totaling more than $1 billion in losses [6][7] - The overall market sentiment was negative, with major cryptocurrencies like Ethereum and SOL also experiencing significant drops [7] Chinese Education Sector - TAL Education reported a strong performance with a quarterly earnings surprise, leading to an 18.03% increase in its stock price [5] - Other Chinese education stocks like Yiqi Education and New Oriental also saw positive movements, indicating a recovery trend in the sector [5]

（文章来源：每日经济新闻） 每经AI快讯，1月30日，热门中概股涨跌不一，纳斯达克中国金龙指数收涨0.35%，富途跌超2%，哔哩 哔哩、网易跌超1%，蔚来涨超3%，好未来涨超18%。 ...

Group 1 - The stock price of TAL Education Group increased by 17.94% [1] - Noah Holdings saw a rise of 4.10% in its stock price [1] - Yika Technology's stock price rose by 4.57% [1] - NIO Inc. experienced a stock price increase of 3.81% [1] - Atour Group's stock price went up by 3.60% [1]