Sohu.com Limited reported Q1 2026 revenues of $141 million, up 4% year-over-year, driven mainly by a 6% increase in online game revenues to $125 million. However, marketing services revenue declined 8% year-over-year. The company posted a GAAP net loss of $4 million, compared to net income in the prior year, impacted by tax reversals and goodwill impairment in previous quarters. Sohu's online games segment showed solid user engagement, while the marketing segment faced challenges. The company expects Q2 revenues to be stable to slightly down, with continued focus on monetization and product refinement.
During week 20 of 2026 (May 11-15), Sampo Oyj repurchased a total of 1,730,961 of its A-shares across multiple marketplaces at an average price of about €8.92 per share. This buyback is part of a €350 million share repurchase program authorized by th...
Anthony Scaramucci criticized the US decision to grant China permanent trade relations and WTO membership, saying it allowed China to protect its economy while exporting freely to the US. He argued that China used this advantage to take US technology...
Aave has resumed borrowing against wrapped Ether (WETH) across multiple markets following the Kelp DAO exploit in April, which had led to emergency restrictions. The protocol reinstated loan-to-value ratios for WETH collateral on several networks, al...
Upbit, South Korea's largest crypto exchange, has listed OriginTrail (TRAC) with trading pairs in Korean won (KRW), Bitcoin (BTC), and Tether (USDT). This multi-pair listing allows traders to buy TRAC directly with fiat or crypto, enhancing liquidity...
Main Street Capital (MAIN) has been upgraded to a buy rating due to its valuation premium contracting to historically attractive levels, despite ongoing sector challenges. The company's net asset value per share has steadily increased, supported by c...
