KGWV · U.S. MARKET INTELLIGENCE
Sanrio shares plunged 18% Wednesday after the Hello Kitty owner released results for the first quarter of its current fiscal year. The stock had risen steadily for several months before the decline. Sanrio reported revenue of 52.04 billion yen, or $326 million…
Sanrio, the company behind the Hello Kitty brand, has seen its shares rise steadily in recent months. But the stock fell 18% in Tokyo trading on Wednesday after the company reported results for its first fiscal quarter. Revenue for the quarter ended in June re…
The French news media association accused Google’s AI summaries of copyright infringement and called on regulators to investigate.
People familiar with the matter said demand for World Cup-related betting has driven Kalshi’s platform revenue to double. In July, the prediction-trading platform’s annualized revenue topped $4 billion, up from just over $2 billion two months earlier. The reve…
Nasdaq (NDAQ) has received approval from the U.S. Securities and Exchange Commission to launch a 23-hour trading schedule on Dec. 6, 2026, according to its first-quarter 2026 financial report and regulatory filings cited in a recent report. Under the plan, U.S…
A recent Bank of America research memo citing U.S. Bureau of Labor Statistics data said the labor-force participation rate for Americans age 55 and older fell to 36.9% in July 2026 from 40.3% in February 2020. Aditya Bhave, a managing director in Bank of Ameri…
Morgan Stanley analyst Adam Jonas has outlined a striking bull-case scenario for SpaceX (ticker: SPCX), in which the shares could reach $600. That would imply a company valuation of as much as $8 trillion, making SpaceX the world’s most valuable company. Jonas…
Blue Owl Capital holds 1.4 million Class A common shares of SpaceX, according to SEC documents, CLS reported Aug. 12.
CoreWeave’s earnings call eased market concerns about rising hardware prices, with returns from computing capacity increasing faster.
HSBC said Beijing introduced a moderate easing of home-purchase restrictions on Aug. 7, 2026, just ahead of the traditional “golden September and silver October” peak sales season. The measures include cutting the social-security requirement for nonlocal house…