Zhihu closes Q2 with RMB690.1 million in revenue
Zhihu (NYSE:ZH) reported unaudited second-quarter 2026 revenue of RMB690.1 million, down year over year from RMB716.9 million but up 5.9% compared with the previous quarter.
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Zhihu (NYSE:ZH) reported unaudited second-quarter 2026 revenue of RMB690.1 million, down year over year from RMB716.9 million but up 5.9% compared with the previous quarter.
China's Huawei has pitched the Egyptian government on building AI data centers for military, surveillance and other public sector use, demonstrating its global chip ambitions and drawing alarm in Washington where officials are working to assemble a counteroffer. Bloomberg's Tom Mackenzie explains.
Li Auto (NASDAQ:LI) reported second-quarter 2026 revenue of RMB25.7 billion, down 15.1% year over year, as vehicle deliveries declined 11.5% to 98,330 units.
Global stocks edged higher on Wednesday as Brent crude prices fell more than 2% to $86.45 per barrel, easing some inflation concerns linked to disruptions around the Strait of Hormuz.
UP Fintech (NASDAQ:TIGR) reported record second-quarter 2026 revenue of US$182.3 million, up 31.4% year over year and 17.7% quarter over quarter, supported by higher trading activity and growth in client assets.
JOYY (NASDAQ:JOYY) reported unaudited second-quarter 2026 revenue of US$590.8 million, up 16.3% year over year, supported by growth across social entertainment, advertising, and e-commerce operations.
Biohaven (NYSE:BHVN) signed an exclusive global licensing agreement with SK Biopharmaceuticals for its Kv7 platform valued up to $795 million.
DSC (NASDAQ:DSC) reported unaudited second-quarter 2026 revenue of RMB167 million, up 3.7% year over year, while its GAAP net loss widened to RMB240.5 million after IPO-related expenses and share-based compensation.
BlackRock Global Chief Investment Strategist Wei Li says she is still optimistic about the artificial intelligence trade as investors await Nvidia's quarterly earnings report. "Scarcity sellers are doing quote a bit better than scarcity buyers and Nvidia is a scarcity seller," Li tells Bloomberg Television. "You look at some of the price increases that we have been talking about, and it really does show that they have earnings pricing power, earnings momentum," she adds.
TORM (NASDAQ:TRMD) reported a $338 million Q2 net profit as Strait of Hormuz disruptions elevated freight rates.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
US microreactor company Nano Nuclear Energy is on the path to deploy its technology to the Middle East after signing the first and only nuclear microreactor partnership with the UAE. The agreement aims to help the country go off grid, power desert data centers and decarbonize oil and gas fields. Jay Yu, the company's founder, executive chairman and president spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the deployment in the UAE plus their plans for Mideast expansion.
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