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Tesla shares climb as Musk pledges to be 'super focused' on companies ahead of Starship launch
CNBC· 2025-05-27 14:35
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC.Tesla shares gained about 5% on Tuesday after CEO Elon Musk over the weekend reiterated his intent to home in on his businesses ahead of the latest SpaceX rocket launch.The billionaire wrote in a post to his social media platform X that he needs to be "super focused" on X, artificial intelligenc ...
Trump Media Announces Approximately $2.5 Billion Bitcoin Treasury Deal
Globenewswire· 2025-05-27 13:08
Core Viewpoint - Trump Media and Technology Group Corp. has announced a private placement offering to raise approximately $2.5 billion, which will be used to create a Bitcoin treasury and expand its operations in the America First economy [1][2][3]. Group 1: Financial Details - The offering includes approximately $1.5 billion in common stock and $1.0 billion in convertible senior secured notes, with a total gross proceeds of about $2.5 billion [1][3]. - The convertible notes will have a conversion price set at a 35 percent premium [3]. - As of the end of Q1 2025, the company holds existing cash, cash equivalents, and short-term investments totaling $759 million [3]. Group 2: Strategic Intentions - The proceeds from the offering will be utilized to establish a Bitcoin treasury, marking one of the largest Bitcoin treasury deals by a public company [2]. - The CEO emphasized that Bitcoin will serve as a crucial asset for the company, aiding in financial freedom and creating synergies for subscription payments and other transactions across its platforms [3]. - The company aims to evolve into a holding company by acquiring additional profit-generating assets aligned with America First principles [3]. Group 3: Operational Context - Trump Media operates Truth Social, a social media platform, Truth+, a streaming service, and is launching Truth.Fi, a FinTech brand [8]. - The company positions itself as a defender of free speech against perceived censorship by major tech firms [8].
Strive Asset Management and Asset Entities (Nasdaq: ASST) Announce $750M Private Investment to Fund First Wave of Bitcoin Accumulation
Globenewswire· 2025-05-27 13:00
Transaction to raise up to $1.5 billion in total proceeds upon exercise of warrants, which would make Strive Asset Management one of the largest Bitcoin treasury companies.The combined company will continue to have no outstanding debt for borrowed money after this financing.Strive CEO Matt Cole to discuss the company’s proposed alpha-generating Bitcoin strategies during his 11:54 AM PT keynote on May 27, 2025 at the Bitcoin for Corporations Symposium in Las Vegas, Nevada. DALLAS, May 27, 2025 (GLOBE NEWSWIR ...
快手科技:2025年第一季度净利润39.79亿元,同比下降3.4%
news flash· 2025-05-27 08:32
快手科技公告,2025年第一季度收入326.08亿元,同比增长10.9%;毛利177.92亿元,同比增长10.4%; 经营利润42.59亿元,同比增长6.6%;期内利润39.79亿元,同比下降3.4%。经调整利润净额45.8亿元, 同比增长4.4%;经调整EBITDA64.34亿元,同比增长7.6%。平均日活跃用户4.08亿,同比增长3.6%;平 均月活跃用户7.12亿,同比增长2.1%。 ...
JOYY Reports First Quarter 2025 Financial Results: Non-livestreaming Revenues Grew 25.3% year over year, Driven by Diversified Growth Strategy
Prnewswire· 2025-05-27 02:03
Core Insights - JOYY Inc. reported a revenue of US$494.4 million for Q1 2025, with non-livestreaming revenue at US$123.0 million, marking a 25.3% year-over-year increase [2][10] - The company achieved significant growth in operating profits, with GAAP operating profit increasing by 244.5% to US$12.2 million and non-GAAP operating profit rising by 24.9% to US$31.0 million [2][10] - JOYY distributed US$49.1 million in dividends and repurchased US$22.5 million worth of shares, demonstrating a commitment to returning value to shareholders [3] Financial Highlights - Total revenue for Q1 2025 was US$494.4 million, with operating income at US$12.2 million, a 244.5% increase from the previous year [10] - Non-GAAP operating income was US$31.0 million, up 24.9% year-over-year [10] - Net income from continuing operations attributable to controlling interest was US$45.4 million, slightly up from US$45.3 million in Q1 2024 [10] Business Highlights - Livestreaming revenue reached US$371.3 million, with BIGO contributing US$351.6 million [6] - Bigo Live's North American region saw a 7% year-over-year growth in monthly active users (MAU) and a 4% quarter-over-quarter increase in paying users [7] - JOYY's products engaged users through operational activities related to Ramadan, boosting brand influence and user activity [8] Product and Advertising Developments - JOYY enhanced its user experience on Bigo Live, leading to a 4% quarter-over-quarter increase in average viewing time per user and a 3% increase in ARPPU among high-end users [9][11] - BIGO Ads revenue grew by 27% in Q1 2025, supported by the company's strengths in local operations and advanced algorithms [12] - The integration of premium publisher traffic with first-party traffic in BIGO Ads has created a robust advertising system, leveraging AI technologies to improve ad performance and revenue opportunities [13]
JOYY Reports First Quarter 2025 Unaudited Financial Results
Globenewswire· 2025-05-26 23:00
Financial Highlights - The company reported net revenues of $494.4 million for Q1 2025, a decrease from $564.6 million in Q1 2024 [5] - Non-livestreaming revenues reached $123.0 million, marking a year-over-year increase of 25.3% and accounting for 24.9% of total net revenues for the first time [4][8] - Live streaming revenues were $371.3 million, down from $466.4 million in the same period last year, attributed to a decline in paying users and ARPPU [6][5] - GAAP operating profit was $12.2 million, a 244.5% increase year-over-year, while non-GAAP operating profit was $31.0 million, up 24.9% [12][13] - The company distributed approximately $49.1 million in dividends and repurchased $22.5 million worth of shares from January 1, 2025, to May 23, 2025 [4] Operational Highlights - The global average mobile MAUs decreased to 260.4 million from 277.3 million year-over-year, primarily due to optimized sales and marketing strategies [7] - The average mobile MAUs for Bigo Live, Likee, and Hago were 28.9 million, 30.2 million, and 3.3 million, respectively, all showing declines compared to the previous year [7] - The total number of paying users for BIGO was 1.45 million, down from 1.67 million in the same period last year [7] Cost and Profitability - Cost of revenues decreased by 14.5% to $315.7 million, leading to a gross profit of $178.6 million, with a gross margin of 36.1% [9][10] - Operating expenses were reduced to $167.2 million, down from $195.4 million in Q1 2024, with significant decreases in sales and marketing expenses [11] - Non-GAAP net income from continuing operations was $63.2 million, compared to $67.2 million in Q1 2024, with a non-GAAP net income margin of 12.8% [15] Balance Sheet and Cash Flow - As of March 31, 2025, the company had net cash of $3,385.9 million, an increase from $3,275.9 million at the end of 2024 [17] - Net cash from operating activities for Q1 2025 was $58.0 million [17] Business Outlook - For Q2 2025, the company expects net revenues to be between $499 million and $519 million, reflecting current market conditions and operational strategies [20] Shareholder Returns - The company has authorized a quarterly dividend program, with a total of approximately $600 million to be distributed over three years, declaring a dividend of $0.94 per ADS for Q2 2025 [22]
3 Top Growth Stocks to Buy in the Second Half of 2025
The Motley Fool· 2025-05-26 08:46
Core Viewpoint - The stock market is expected to remain volatile, but there are promising growth stocks to consider for investment in the second half of 2025 Group 1: Amazon - Amazon is expected to maintain its business resilience despite potential tariffs from the Trump administration [3] - The company has been ranked as the lowest-cost online U.S. retailer for eight consecutive years, indicating strong competitive pricing [4] - Amazon Web Services (AWS) is anticipated to continue driving profit growth, aided by advancements in AI technology [5] - The e-commerce segment has significant growth potential, and new initiatives like Project Kuiper satellite internet service are expected to contribute to long-term growth [6] Group 2: Meta Platforms - Meta Platforms has a vast user base, with approximately 3.43 billion daily users across its applications [7] - The integration of AI is enhancing user engagement and advertising revenue potential, particularly through business messaging on Messenger and WhatsApp [8] - Smart glasses are viewed as a potential growth driver, with expectations that a significant portion of eyeglasses will transition to AI-enabled versions in the coming years [9] - Despite facing risks such as tariffs and antitrust lawsuits, the potential rewards of investing in Meta stock are considered to outweigh these risks [10] Group 3: Vertex Pharmaceuticals - Vertex Pharmaceuticals is noted for its legal monopoly in treating cystic fibrosis, which reduces investment risk compared to other biotech stocks [11] - The FDA approved Vertex's new CF drug, Alyftrek, which offers improved dosing and effectiveness compared to existing treatments [12] - Vertex's pipeline includes promising products like Journavx, a non-opioid pain drug, and upcoming regulatory filings for treatments in diabetes and kidney diseases [13][14] - While there are risks associated with the biotech sector, Vertex is predicted to be a strong performer in the long run due to its innovative pipeline and market position [14]
马斯克再次开启 7x24 工作模式,又要打地铺了!网友:比 996 还疯狂的节奏
程序员的那些事· 2025-05-26 05:26
为啥马斯克要睡在"会议室、服务器机房或工厂"? 以下文章来源于伯乐在线 ,作者伯小乐 伯乐在线 . 伯乐在线分享IT互联网职场和精选干货文章(原域名已不再维护)。组织维护10万+star的开源技术资源 库,包括:Python, Java, C/C++, Go, JS, CSS, Node.js, PHP, .NET 等 2025 年 5 月 24 日,马斯克发推表示,要重回 7x24 小时的工作状态,会睡在会议室、服务器机房或工厂 里。 1、 X (推特)宕机事件 5 月 24 日,X 平台发生全球性宕机,影响美国、德国、西班牙等多个国家的用户。宕机高峰时有 25,800 起 报告,涉及私信、登录等问题。 马斯克在推文中指出:"由于本周 X 的宕机问题,需进行重大运营改进。故障转移冗余系统本应生效,但未能 如愿。" 这一事件直接促使他决定亲自监督修复工作。 2、 关键技术项目的紧迫性 马斯克提到,他需"高度专注于 X/xAI 和特斯拉(加上下周的星舰发射),因为我们有关键技术正在推出。" 星舰发射是 SpaceX 的重大里程碑,而 xAI 和特斯拉也在推进关键技术。这些项目的高风险和高回报特性要 求马斯克大量 ...
IPO不顺,OnlyFans可能要卖了:574亿!
Sou Hu Cai Jing· 2025-05-25 01:02
Core Viewpoint - Fenix International Ltd, the parent company of OnlyFans, is in talks to sell the company for an estimated valuation of $8 billion, reflecting its significant market value and growth potential in the current market environment [2][4]. Financial Performance - As of November 2023, Fenix International reported revenues of $6.6 billion, a nearly 20-fold increase from $375 million in 2020 [2][11]. - The valuation of $8 billion is based on the company's revenue growth, expanded user base, and enhanced market position [11][12]. Sale Negotiations - The investment group leading the acquisition talks is Forest Road Company, based in Los Angeles, although other investors remain undisclosed [4]. - Negotiations have been ongoing since at least March 2023, with expectations of a preliminary agreement in the next one to two weeks, though uncertainties remain regarding deal terms and regulatory approvals [4][5]. IPO Considerations - Fenix International is also considering the possibility of an initial public offering (IPO), indicating a strategic evaluation of capital options to maximize shareholder value [4][5]. - The company's actions suggest that the IPO path may be less viable, leading to the consideration of a sale as a more favorable monetization strategy [5]. Market Position and Competition - OnlyFans has established itself as a leading platform in the content subscription space, particularly during the pandemic, which significantly boosted its user base and revenue [9][11]. - The platform faces competition from traditional social media giants like Facebook and Instagram, which are exploring similar monetization strategies, as well as emerging platforms targeting specific niches [14].
3 Reasons to Buy This Artificial Intelligence (AI) Stock Like There Is No Tomorrow
The Motley Fool· 2025-05-24 10:45
Artificial intelligence (AI) isn't new, but novel applications of the technology have become extremely popular in the past few years. Demand for AI-based services is already high, but according to some experts, we're arguably still in the early innings of this revolution.Though many corporations are cashing in on this and are attractive from an investment viewpoint, one of my favorites is Meta Platforms (META -1.39%), the parent company of Facebook. Here are three reasons it is a top AI stock to buy.1. 3.4 ...