$XPeng Inc.(XPEV)$ Released Its 2026 Q2 Earnings This Afternoon; Overall Performance Was Mediocre, and U.S. Pre-Market Shares Dropped Nearly 4% After the Report. The results show that for the second quarter of 2026, revenue came in at RMB 19.74 billion, up 8% year-over-year and 51.5% quarter-over-quarter, missing the consensus estimate of RMB 20.2 billion. Gross margin was 20.7%, an increase of 3.4 percentage points from the same period last year and above the consensus estimate of 19.15%. On an adjusted basis, the comparable net loss was RMB -1.237 billion, far worse than the expected loss of RMB -0.767 billion. The profit shortfall was mainly due to a swing from gain to loss on a long-term investment, creating a paper loss of app

NVIDIA broke out its data‑center business into two buckets in the latest earnings report: hyperscaler customers, and ACIE, which encompasses industrial, enterprise and sovereign clients. ACIE is now where most of the company’s new‑found growth is coming from. Analysing AI computing capacity should never hinge entirely on whether big‑tech players keep ramping up outlays. AI extends far beyond a small group of large cloud firms, with embodied intelligence and many other real‑world applications opening up extensive demand avenues. The popular narrative that AI compute infrastructure would hit its ceiling once hyperscaler expenditure loses momentum does not hold water, and NVIDIA’s quarterly results have now laid that argument to rest. The brutal correction sweeping the AI compute supply chain

Tencent's open-source release of the Hunyuan Hy4 Preview (MoE architecture, 49B activated parameters, one-million-token context window) and ByteDance's launch of its Doubao AI office products mark a pivotal shift in China's AI-powered office sector—from technology incubation to large-scale commercial deployment. Open-sourcing lowers the barrier for enterprise adoption, while ByteDance strengthens its B-end subscription-based monetization, underscoring a clear industry trend. Institutions believe that large-model applications have now entered a phase where they are "usable, user-friendly, and trustworthy," benefiting media companies with strengths in tool integration, content distribution, and deep scenario-specific capabilities.$腾讯控股(

$Alibaba(BABA)$ released its first-quarter fiscal 2026 earnings report, with revenue of RMB 268.95 billion, roughly in line with market estimates (RMB 268.52 billion). However, adjusted ADS earnings came in at only RMB 8.52, far below the year-ago figure of RMB 14.75 and the estimate of RMB 11.28. Adjusted net income was RMB 20.72 billion, down 38% year-over-year and missing expectations. Adjusted EBITDA was RMB 39.14 billion, down 14% year-over-year but slightly above estimates. Other income for the quarter was RMB 28.8 billion, significantly below the estimate of RMB 61.15 billion. The company repurchased approximately 13.4 million shares for a total of $162 million. Profit contribution from Ant Group was $230 million. Following

Duan Yongping, the legendary investor widely known as "Da Dao Wu Xing Wo You Xing" on Investment Platform, has reportedly suffered a major loss on $Moderna, Inc.(MRNA)$, the recent star of U.S. biotech stocks. He first built a position in MRNA back in 2021, when the stock was trading near its peak, and even posted on Investment Platform about his interest in the name. He added to his position multiple times afterward, but eventually liquidated his entire holding at $28.5 per share. Based on rough estimates, Duan lost nearly $24 million on this investment, with a staggering -60% return. Even a top-tier investor can stumble outside his circle of competence. Does his recent avoidance of tech stocks suggest a limited grasp of the secto

Recently, Apple completed yet another change at the helm, with its third-generation successor officially taking the reins of this trillion-dollar juggernaut. This moment made me reflect: a company that has endured for over fifty years, navigating multiple leadership transitions without losing its course or its innovative edge, does not rely on the irreplaceability of any single genius. Rather, it is sustained by a system of institutions and culture deeply embedded within the organization. From Jobs to Cook, and now to the new generation, each Apple transition has been as smooth as a finely tuned clock. Behind this lies the systematic transmission of values through Apple University, the process-driven operation of supply chains and product roadmaps, and the long-term planning of board gover

$MEITUAN-W(03690)$ 2026 Q2 Financial Results Release Meituan reported revenue of approximately RMB 104.643 billion for the second quarter of 2026, representing a year-on-year increase of 14.4% and exceeding the Bloomberg consensus estimate of RMB 101.079 billion by approximately 3.53%. Profit for the period amounted to approximately RMB 2.155 billion, up 490% year-on-year. Adjusted net profit amounted to approximately RMB 2.524 billion, up 69% year-on-year, significantly exceeding the Bloomberg consensus estimate of RMB 340 million. The substantial divergence in year-on-year growth rates between profit for the period and adjusted net profit was primarily attributable to a significant increase in other net gains during the quarter,