Maase Inc. - Class A Ordinary Shares 주식 (NASDAQ: MAAS)

에 대한 최신 뉴스 Maase Inc. - Class A Ordinary Shares (NASDAQ:MAAS) 주식

Highest Performances

Maase Inc. - Class A Ordinary Shares

Matas A/S

News

TELUS And TransUnion Launch Branded Call Display In Canada To Combat Call Fraud And Boost Customer Trust With Verified Business Identity

Nano Labs Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) ("we," the "Company" or "Nano Labs"), a leading Web 3.0 infrastructure and product solution provider in China, today announces that it has entered into a convertible notes purchase agreement (the "Agreement") under which the Company has agreed to issue, and several investors have agreed to subscribe for, a convertible promissory notes in the aggregate principal amount of US$500 million (the "Notes").
The Notes will mature in 360 days following the issuance, with no interest accruing on the outstanding principal amount. During 360 days from the date of this Notes, the Notes are convertible, in whole or in part, into the Class A ordinary shares of the Company (the "Ordinary Shares") at the option of the holder thereof. The conversion price is initially US$20 per Ordinary Share, subject to adjustment as set forth in the Notes. Unless previously converted, the Company shall repay the outstanding principal amount on the maturity date. The Notes shall be an unsecured general obligation of the Company.
The closing under the agreement is subject to customary closing conditions. There is no guarantee that closing will happen in full or at all. Investors should not place on due reliance on this press release.
The Agreement marks an important step in the Company's strategic growth. As part of this initiative, Nano Labs will conduct a thorough assessment of the security and value of BNB. In the initial phase, the Company plans to acquire US$1 billion worth of BNB via convertible notes and private placements. Over the long term, Nano Labs aims to hold 5% to 10% of BNB's total circulating supply.

Offerings

Nano Labs to Raise $500M Through Convertible Notes, Eyes $1B BNB Investment and Strategic Web3 Expansion

AMBI

Ambipar Emergency Response Reports FY24 Net Revenue Of R$3.25 Billion, Up 25.4% Year-Over-Year

LSPD

NuORDER By Lightspeed Expands Saks Global Partnership To Include Neiman Marcus And Bergdorf Goodman, Reinventing Luxury Retail With Smarter Buying Tech

By offering FIUSD across Mastercard's global payments network, people and businesses can use the new, programmable, blockchain-based token across more than 150 million merchants.
Mastercard and Fiserv will explore key areas to solve for real-world challenges and opportunities for stablecoin adoption and utility, including:
<ul>
<li>Seamless on and off-ramping: The partnership can enable the efficient on/off-ramping of funds, allowing consumers and businesses to transition smoothly between fiat and FIUSD.</li>
<li>Enabling merchants to settle in FIUSD: Mastercard can enable FIUSD as a settlement option for its global acquirers, helping merchants get paid in FIUSD, no matter how they are paid. This not only expands choice but also enhances operational efficiencies and delivers a seamless payment experience.</li>
<li>Connectivity to the Mastercard Multi-Token Network (MTN): Fiserv's Digital Asset Platform, powered by Finxact, can leverage Mastercard MTN to bring off-the-shelf support for programmable, on-chain commerce for banks.</li>
<li>Powering stablecoin-powered cards: Together, Fiserv and Mastercard will enable the issuance of stablecoin-linked cards for shared customers, allowing consumers and businesses to make FIUSD payments anywhere around the world where Mastercard is accepted. With Mastercard One Credential, consumers can also flexibly choose the payment type of their choice – from debit, credit to stablecoin balances.</li>
</ul>

Large Cap

Contracts

Mastercard Is Deepening Its Partnership With Fiserv To Integrate Its New FIUSD Token Across A Range Of Mastercard Products And Services, Expanding Stablecoin Adoption And Utility For Their Shared Customers

FOUR

Shift4 Extends All-Cash Tender Offer For Global Blue After Securing 97% Stake; Deal Expected To Close By Q3 2025 Pending Regulatory Approvals

T-Mobile US (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) is looking to launch a new data service on its <a href="https://www.benzinga.com/tech/25/02/43582884/elon-musks-spacex-and-t-mobile-go-live-with-starlink-powered-satellite-to-cell-service-heres-how-much-it-will-cost" target="_blank" rel="noreferrer noopener">satellite-to-cell network</a>, powered by SpaceX&#8217;s Starlink, by October.
T-Satellite, T-Mobile&#8217;s satellite-to-cell network service, will commercially launch on July 23. It will offer SMS texting, MMS, picture messaging, and short audio clips.
Over 1.8 million customers have signed up for the service since its beta program launch in 2024, including customers from AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) and Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) following the Super Bowl ad, Reuters reported on Tuesday, citing Mike Katz, President of Marketing, Strategy and Products at T-Mobile <a target="_blank" href="https://www.youtube.com/watch?v=gsr6tnlq1k0" rel="noreferrer noopener">during an event</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/05/45448903/t-mobile-palo-alto-partner-to-enhance-5g-cybersecurity-for-us-businesses" rel="noreferrer noopener">T-Mobile, Palo Alto Partner To Enhance 5G Cybersecurity For US Businesses</a>
The telecom company will launch a data service on October 1 to allow application experiences on the satellite network.
With over 657 Starlink satellites, the US wireless carrier is looking to extend connectivity to over 500,000 square miles in the US, which is unpenetrable to traditional cell towers.
This move addresses a significant coverage gap, bringing service to remote and underserved areas.
In May 2024, SpaceX itself demonstrated the capabilities of its direct-to-cell Starlink satellite technology with a <a target="_blank" href="https://www.benzinga.com/general/social-media/24/05/38950223/spacex-conducts-first-starlink-cell-video-satellite-call-what-you-need-to-know" rel="noreferrer noopener">live video call</a> on X.
While T-Mobile is partnering with Starlink, competitors are also making strides in this area; Verizon and AT&amp;T have tapped AST SpaceMobile to provide <a target="_blank" href="https://www.benzinga.com/news/24/05/39062478/whats-going-on-with-ast-spacemobile-stock-on-wednesday" rel="noreferrer noopener">satellite service</a>, with Verizon already having introduced satellite <a target="_blank" href="https://www.benzinga.com/media/25/04/44644607/verizons-new-3-year-price-lock-free-phone-offer-strategic-move-to-boost-customer-retention" rel="noreferrer noopener">text messaging</a> for its customers.
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is also <a target="_blank" href="https://www.benzinga.com/markets/25/04/44578567/tim-cooks-apple-and-elon-musks-spacex-engage-in-a-heated-battle-over-satellite-tech-and-app-control-report" rel="noreferrer noopener">actively investing</a> in satellite-based communication, and reports suggest competition between Apple and SpaceX for limited spectrum rights.
The broader satellite communication market is experiencing significant growth, having been valued at $84.47 billion in 2023 and projected to reach $194.55 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 9.72% from 2024-2032.
This growth is driven by increasing demand for high-speed internet, expanding applications of satellite-based services in defense and commercial sectors, and continuous improvements in satellite technology.
Price Action:&nbsp;T-Mobile US stock is trading higher by 0.43% to $227.95 premarket at last check Monday.&nbsp;
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/asia/25/06/45992133/vodafone-ast-spacemobile-partner-to-bring-satellite-phone-service-to-remote-parts-of-india" target="_blank" rel="noreferrer noopener">Vodafone, AST SpaceMobile Partner To Bring Satellite Phone Service To Remote Parts Of India</a></li>
</ul>
Image via Shutterstock

Tech

Media

AAPL

TMUS

T-Mobile To Roll Out Satellite Data Service This October

Federal Reserve Governor&nbsp;Michelle Bowman&nbsp;has expressed her support for a potential interest rate cut in July, provided that inflation remains subdued.
What Happened:  Bowman, during a speech in Prague, suggested that an interest rate cut at the upcoming July meeting would be appropriate if inflationary pressures remain low, <a href="https://www.cnbc.com/2025/06/23/fed-governor-bowman-favors-july-interest-rate-cut-if-inflation-stays-low.html">reported</a> CNBC on Monday.
&#8220;Should inflation pressures remain contained,&nbsp;I would support lowering the&nbsp;policy rate as soon as&nbsp;our next meeting in order&nbsp;to bring it closer to&nbsp;its neutral setting and to&nbsp;sustain a healthy labor market,&#8221;&nbsp;Bowman said.
Bowman&#8217;s view aligns with that of fellow Governor Christopher Waller, who also hinted at a possible rate cut in July. Both governors are of the opinion that the effect of President Donald Trump&#8216;s tariffs on prices will be temporary and muted, thus creating a favorable environment for lower rates.
"I think it is likely that the impact of tariffs on inflation may take longer, be more delayed, and have a smaller effect than initially expected, especially because many firms frontloaded their stocks of inventories," stated the Fed Governor.
While Bowman did not specify the extent of the rate cut she supports, Waller has stated that drastic cuts aren&#8217;t needed at the moment. The FOMC&#8217;s next meeting is scheduled for July 29-30.
SEE ALSO: <a href="https://benzinga.com/etfs/broad-u-s-equity-etfs/25/06/46066220/cathie-woods-ark-invest-cashes-out-109-million-out-of-circle-internet-stock-as-shares-spike-pivots-into-robinhood-and-these-chip-stocks" target="_blank" rel="noreferrer noopener">Cathie Wood&#8217;s Ark Invest Cashes Out $109 Million Out Of Circle Internet Stock As Shares Spike, Pivots Into Robinhood And These Chip Stocks &#8211; Grayscale Bitcoin Mini Trust (BTC) Common units of fraction</a>
Why It Matters: The Federal Reserve&#8217;s 2% inflation target has been a <a href="https://www.benzinga.com/news/23/06/33000234/california-democrat-ro-khanna-questions-feds-2-inflation-target-why-is-it-sacrosanct-as-opposed-to-s">subject of debate</a>, with Rep. Ro Khanna (D-CA) questioning its sanctity. The Fed&#8217;s decision to maintain its benchmark rate at 4.25%-4.50% for a sixth consecutive meeting, has left borrowing costs and deposit payouts near current levels across the economy. This comes amid mounting White House pressure for rate cuts.
Sen. Elizabeth Warren (D-Mass.) criticized President <a href="https://finance.yahoo.com/news/elizabeth-warren-says-americans-deserve-013139342.html">Trump&#8217;s tariff</a> policies, arguing they prevent the Federal Reserve from delivering the lower interest rates Americans need.
Meanwhile, Federal Reserve Chair Jerome Powell&#8217;s semiannual appearance starts Tuesday as he delivers the Federal Reserve's monetary policy report to the House Financial Services Committee, followed by the Senate Banking Committee on Wednesday.
<ul class="wp-block-list">
<li>READ MORE: <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46006680/powell-holds-line-on-interest-rates-blames-tariff-uncertainty-for-delay-in-cuts">Why Powell Held Rates Steady, And What Trump&#8217;s Iran Comments Could Mean For Markets</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Fed Governor Michelle Bowman Backs July Rate Cut, Citing 'Contained' Inflation Pressure: 'Impact Of Tariffs...May Take Longer'

U.S. futures were trading higher on Tuesday after a positive day of trading on Monday. Futures of major benchmark indices were trading higher.
President Donald Trump announced a &#8220;<a href="https://www.benzinga.com/news/25/06/46066239/dow-futures-jump-over-200-points-as-trump-announces-ceasefire-but-iran-says-no-agreement-crude-plunges">ceasefire</a>&#8221; in a Truth Social post, saying that "THE 12 DAY WAR" will be considered "ended." 
Despite this, the Foreign Minister of Iran, Syed Abbas Araghchi, refuted claims of a ceasefire, saying that there was "no agreement" for cessation of military operations, in a post on X.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">As Iran has repeatedly made clear: Israel launched war on Iran, not the other way around. As of now, there is NO &quot;agreement&quot; on any ceasefire or cessation of military operations. However, provided that the Israeli regime stops its illegal aggression against the Iranian people no…
&mdash; Seyed Abbas Araghchi (@araghchi) <a href="https://twitter.com/araghchi/status/1937311435882922420?ref_src=twsrc%5Etfw">June 24, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The 10-year Treasury bond yielded 4.35% and the two-year bond was at 3.84%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 77.3% likelihood of the Federal Reserve keeping the current interest rates unchanged in its July meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.69%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.79%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>1.02%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1.18%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Tuesday. The SPY was up 0.83% at $605.11, while the QQQ advanced 1.11% to $537.56, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
On Monday, U.S. stocks saw gains across most S&amp;P 500 sectors, with consumer discretionary, consumer staples, and real estate stocks leading the charge, though energy stocks diverged, ending the session in the red.
Economically, the S&amp;P Global US services PMI dropped to 53.1 in June from 53.7 the prior month, falling short of market expectations of 52.9. Meanwhile, the S&amp;P Global US manufacturing PMI held steady at 52 in June, matching the previous month's figure.
Shares of FactSet Research Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDS#NYSE">FDS</a>) rose approximately 3.5% on Monday after the company released its third-quarter results.
The Dow Jones index ended 375 points or 0.89% higher at 42,581.78, whereas the S&amp;P 500 index rose 0.96% to 6,025.17. Nasdaq Composite advanced 0.94% to 19,630.98, and the small-cap gauge, Russell 2000, gained 1.11% to end at 2,132.68.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.94%</td>
<td>19,630.98</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.96%</td>
<td>6,025.17</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.89%</td>
<td>42,581.78</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1.11%</td>
<td>2,132.68</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Senior economist Jeremy Siegel expressed his opinions on the ongoing tensions as Trump announced a ceasefire.
&#8220;Geopolitics is a wildcard, but the U.S. is far less exposed than it was in the 1970s. Even a brief closure of the Strait of Hormuz would not derail domestic growth—shale capacity and strategic reserves mute the blow,&#8221; he said.
&#8220;I maintain that investors should stay overweight equities versus bonds,&#8221; he added, sayin that &#8220;don't just chase the AI enablers at high multiples to earnings; real margin expansion could very well accrue to users of AI—banks, industrial, consumer-staples, mid-cap firms that are learning where they can cut costs, increase output and improve margins.&#8221;
In its most recent note, BlackRock spotlighted the <a href="https://www.benzinga.com/markets/equities/25/06/46068345/blackrock-bets-big-on-defense-companies-amid-escalating-geopolitical-tensions-palantir-lockheed-">defense sector as a top investment prospect</a>, fueled by escalating geopolitical fragmentation and a worldwide focus on national security.
As per BlackRock, the U.S. distinguishes itself through its extensive defense spending, which, according to SIPRI data, "spends more than double on defense than Europe."
Moreover, the U.S. hosts the world's most advanced defense and defense technology companies, acting as a vital provider of critical systems like air and missile defense for numerous countries.
Within the defense sector, BlackRock identifies substantial opportunities in defense tech. This expansive field includes not just artificial intelligence (AI) and software firms but also crucial IT services and hardware, such as semiconductors, that drive cutting-edge defense capabilities.
BlackRock observes that "growing geopolitical fragmentation and strategic competition in AI are reinforcing the global focus on national security and resilience – creating opportunities in defense." This highlights a targeted investment strategy in defense, where technological leadership and strong national security frameworks are increasingly critical.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a> 
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Tuesday:
<ul class="wp-block-list">
<li>April&#8217;s S&amp;P Case-Shiller home price index for 20 cities will be released by 9:00 a.m., and Cleveland Fed President Beth Hammack will speak at 9:15 a.m. ET.</li>
<li>June consumer confidence data will be out by 10:00 a.m., and the Fed Chairman Jerome Powell will testify to the House Financial Services Committee at 10:00 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>TD Synnex Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) was up 0.58% in premarket on Tuesday as analysts expect it to report quarterly earnings of $2.72 per share on revenue of $14.32 billion, before the opening bell.</li>
<li>Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) rose 2.04% as analysts expect it to report quarterly earnings of 24 cents per share on revenue of $6.21 billion, before the opening bell.</li>
<li>Worthington Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) advanced 3.55% as analysts expect it to report quarterly earnings of 84 cents per share on revenue of $301.44 million, before the opening bell.</li>
<li>FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) was 0.47% higher as analysts expect it to report quarterly earnings of $5.87 per share on revenue of $21.84 billion after the closing bell.</li>
<li>KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) was down 0.43% as it revised full-year 2025 housing revenue to be in the range of $6.3 billion to $6.5 billion, down from prior guidance of $6.6 billion to $7 billion.</li>
<li>Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) dropped 1.31% as it commenced an underwritten public offering of $1 billion of its Class A common stock by a selling stockholder. It plans to concurrently repurchase $100 million of its common stock from the selling stockholder.</li>
<li>BlackBerry Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) jumped 1.62% as analysts expect it to report quarterly earnings of $0 per share on revenue of $112.19 million after the closing bell.</li>
<li>Ibio Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#NASDAQ">IBIO</a>) surged 44.58% after it announced a conference call scheduled for June 24 to discuss its obesity and cardiometabolic disease pipeline.</li>
<li>Nektar Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKTR#NASDAQ">NKTR</a>) zoomed 31.66% ahead of its investor call, where it plans to present top-line data from the 16-week induction period of its Phase 2b REZOLVE-AD clinical trial.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 3.40% to hover around $66.18 per barrel.
Gold Spot US Dollar fell 1.29% to hover around $3,325.68 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was lower by 0.30% at the 98.1240 level.
Asian markets ended higher on Tuesday as Australia's ASX 200, Japan's Nikkei 225, China&#8217;s CSI 300, South Korea's Kospi, Hong Kong's Hang Seng, and India's S&amp;P BSE Sensex indices advanced. European markets were also higher in early trade.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/46068345/blackrock-bets-big-on-defense-companies-amid-escalating-geopolitical-tensions-palantir-lockheed-">BlackRock Bets Big On Defense Companies Amid Escalating Geopolitical Tensions: Palantir, Lockheed Martin, Northrop Grumman Among Stocks In Focus</a></li>
</ul>
Photo courtesy: Shutterstock

Equities

CHWY

IBIO

NKTR

US Stocks Likely To Open Higher After Trump Announces Iran-Israel Ceasefire: FedEx, TD Synnex In Focus Ahead Of Earnings

Garden Stage Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSIW#NASDAQ">GSIW</a>) ("GSIW" or the "Company"), today announced that on June 23, 2025, the Company received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with the minimum closing bid price requirement under Nasdaq Listing Rule 5550(a)(2).
As previously disclosed , the company received a delinquency notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on December 24, 2024 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice provides that the Company has a period of 180 calendar days from the date of the Notice, or until June 23, 2025, to regain compliance with the minimum bid price requirement. This requirement was met on June 23, 2025.

Government

Regulations

GSIW

Garden Stage Regains Nasdaq Compliance After Meeting $1 Minimum Bid Price Requirement

TH International Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THCH#NASDAQ">THCH</a>), the exclusive operator of Tim Hortons coffee shops in China ("Tims China" or the "Company") today announced its unaudited financial results for the first quarter 2025.
FIRST QUARTER 2025 HIGHLIGHTS
<ul>
<li>Total revenues&nbsp;of&nbsp;RMB300.7 million&nbsp;(USD41.4 million), representing a&nbsp;9.5% decrease&nbsp;from the same quarter of 2024.</li>
<li>System sales of RMB376.3 million (USD51.9 million), representing a 3.5% increase from the same quarter of 2024.</li>
<li>Net new store openings totaled 2 (net closure of seven company owned and operated stores and net opening of nine franchised stores). &nbsp;</li>
<li>Company owned and operated store contribution, previously reported as adjusted store EBITDA, was RMB17.2 million (USD2.4 million), compared to RMB2.3 million in the same quarter of 2024. &nbsp;</li>
<li>Company owned and operated store contribution margin, previously reported as adjusted store EBITDA margin, was 6.7%, representing a 5.9 percentage points improvement over the same quarter of 2024. &nbsp;</li>
<li>Registered loyalty club members totaled 25.1 million members as of March 31, 2025, representing a 25.7% year-over-year growth. &nbsp;</li>
</ul>

Earnings

THCH

Tims China Adds 9 New Franchise Stores, Loyalty Club Grows to 25.1 Million Members in Q1

TH International Q1 Adj. EPS $(0.29) Up From $(0.50) YoY, Sales $41.44M Down From $48.03M YoY

According to a former Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) executive, the company is now aiming for something bigger, which goes beyond the purview of legacy streaming.
Check out the current price of <a href="https://www.benzinga.com/quote/nflx">NFLX stock here</a>.
What Happened: On Monday, AlphaSense, an expert network that connects subject-matter experts with investors and analysts, shared the transcript of one such conversation between a former Netflix executive and an analyst, discussing the streaming giant&#8217;s future.
The expert here highlighted the company&#8217;s foray into building a physical, or real-world empire, not unlike that of the Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) with its theme parks, cruises, merchandise and more.
They cite the upcoming Netflix House, Squid Game trials, and Bridgerton-themed balls as more than just novelty, and a strategic bet on customer retention and diversified revenue streams. 
See Also: <a href="https://www.benzinga.com/etfs/new-etfs/25/06/46007611/roundhills-new-etfs-offer-weekly-income-from-amazon-meta-netflix-and-more">Roundhill&#8217;s New ETFs Offer Weekly Income From Amazon, Meta, Netflix, And More</a>
&#8220;This isn't just about buzz,&#8221; the expert explained. &#8220;It's a revenue stream, a retention play, and a way to deepen loyalty, more like Disney's ecosystem than HBO's content-first model.&#8221;
&#8220;One of the reasons why I think people love Netflix so much is because it actually almost has like a personality to it,&#8221; he says, pointing to how the company blends content with cultural relevance.
&#8220;For Squid Game we had something called the Squid Game trials where you could go and play six real-life Squid Game events in person,&#8221; the former exec said, using this as an example to illustrate the company&#8217;s efforts in translating its intellectual property into immersive events.
These experiences, including pop-up attractions, themed balls, and the upcoming Netflix House, are already being treated as a revenue stream. But more importantly, they're part of a long-game retention and brand strategy, they say.
The longer-term implication, he suggested, is that Netflix's value proposition is evolving. No longer just a streaming app, the company is building an ecosystem where screen content connects directly to physical consumer touchpoints, from branded experiences and immersive events to merchandise and more.
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Former <a href="https://twitter.com/search?q=%24NFLX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$NFLX</a> employee insight about <a href="https://twitter.com/search?q=%24NFLX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$NFLX</a>&#39;s strengths and future opportunities ( <a href="https://twitter.com/search?q=%24DIS&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DIS</a>, <a href="https://twitter.com/search?q=%24WBD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$WBD</a>, <a href="https://twitter.com/search?q=%24GOOGL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GOOGL</a> ): &#8211; The expert explains that while new releases may generate initial buzz and top rankings, they often fade quickly; in contrast, older, familiar content tends to maintain… <a href="https://t.co/Et1ZrWj48B">pic.twitter.com/Et1ZrWj48B</a>
&mdash; AlphaSense (@AlphaSenseInc) <a href="https://twitter.com/AlphaSenseInc/status/1937143619535659501?ref_src=twsrc%5Etfw">June 23, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Last month, Netflix&#8217;s Co-CEO, Ted Sarandos, stated that the company had pumped $125 billion into the U.S. economy from 2020 through 2024, citing over 900 productions and 140,000 jobs across all 50 states during these four years.
&#8220;People forget this is a real business,&#8221; he says, highlighting the sector&#8217;s overlooked economic clout when it comes to trade talks and federal policies.
When the company first announced its experiential entertainment venues last year, many experts and analysts saw it as something that would help <a href="https://www.benzinga.com/general/entertainment/24/06/39439112/will-netflix-save-shopping-malls-new-experiences-a-potential-game-changer-for-retail-center">save shopping malls</a> in the U.S.
Price Action: Shares of Netflix were up 1.80% on Monday, trading at $1,253.54, and are up 0.60% after hours.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="148" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045539/Screenshot-2025-06-24-at-2.25.28-PM-1024x148.png" alt="" class="wp-image-959384" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045539/Screenshot-2025-06-24-at-2.25.28-PM-1024x148.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045539/Screenshot-2025-06-24-at-2.25.28-PM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045539/Screenshot-2025-06-24-at-2.25.28-PM-768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045539/Screenshot-2025-06-24-at-2.25.28-PM.png 1536w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Netflix scores well across the board in Benzinga&#8217;s Edge Stock Rankings, with a favorable price trend in the short, medium, and long term. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock, its peers and competitors.
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/insights/options/25/06/46060913/unpacking-the-latest-options-trading-trends-in-netflix">Unpacking the Latest Options Trading Trends in Netflix</a></li>
</ul>

Entertainment

Markets

NFLX

From 'Squid Game' Trials To Bridgerton Balls: Ex-Insider Says Netflix Is Quietly Building A Real-World Empire — A Disney-Style Ecosystem In The Works

Financial commentator Peter Schiff slammed Texas&#8217; move to establish a Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) reserve funded by the state treasury.
What Happened: Schiff took to X on Monday, voicing concerns about the legislative clearance given in the &#8220;Lone Star&nbsp;State&#8221; to use public funds to buy the apex cryptocurrency.
&#8220;Texas buying Bitcoin is yet another example of why the Founding Fathers distrusted democracy,&#8221; he said.
Schiff noted that wealthy Bitcoin investors, often known as whales, are buying off lawmakers to push such cryptocurrency-friendly measures and get political backing in exchange, all &#8220;at the expense of taxpayers&#8221; who fund the purchases.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Texas buying Bitcoin is yet another example of why the Founding Fathers distrusted democracy. Bitcoin whales use their money to buy off politicians, who also hope to win votes from Bitcoin HODLers—at the expense of taxpayers funding the purchases.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1937263924325552518?ref_src=twsrc%5Etfw">June 23, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:&nbsp;<a href="https://benzinga.com/general/entertainment/24/11/42220321/million-dollar-listing-seller-turned-down-50000-bitcoin-for-14-million-new-york-apartment-in-2015-missed-out-on-billions" target="_blank" rel="noreferrer noopener">Million Dollar Listing Seller Turned Down 50,000 Bitcoin For $14 Million New York Apartment In 2015, Missed Out On Billions</a>
Why It Matters: Schiff&#8217;s remarks come after the Texas Strategic Bitcoin Reserve Act was signed into <a href="https://capitol.texas.gov/BillLookup/Text.aspx?LegSess=89R&amp;Bill=SB21">law</a> by Governor Greg Abbott last week, making Texas the third state, after <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45243344/bitcoin-reserve-bill-signed-into-law-by-new-hampshire-governor-granite-state-move-makes-it-a-pioneer">New Hampshire</a> and Arizona, to authorize such a reserve.
Texas has already allocated $10 million for the purchase of the leading cryptocurrency, meant to be funded from the state treasury pool, according to a <a href="https://www.coindesk.com/policy/2025/06/23/texas-ready-for-10m-bitcoin-purchase-after-governor-signs-bill-for-state-reserve">report </a>by CoinDesk. The bill <a href="https://www.benzinga.com/24/12/42476809/texas-joins-crypto-movement-introduces-bill-to-set-up-bitcoin-reserve">mandates </a>that only assets having a minimum market capitalization of $500 billion over a 24-month period would be eligible for inclusion in the reserve. Currently, only Bitcoin fits the bill.
Schiff&#8217;s criticism of Texas&#8217;s Bitcoin reserve is not surprising given his public opposition to anything associated with the apex cryptocurrency.
He previously warned that the <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44423999/peter-schiff-says-strategic-bitcoin-reserve-is-a-scam-to-lure-americans-into-buying-more-crypto">strategic national Bitcoin reserve</a> is a tool to trick Americans into speculative losses and that any government-backed crypto reserve would ultimately turn counterproductive.
Price Action:&nbsp; At the time of writing, BTC was exchanging hands at $105,102.68, up 3.23% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46053846/will-bitcoin-hit-new-all-time-highs-after-dip-under-100k-heres-what-new-poll-predicts">Will Bitcoin Hit New All-Time Highs After Dip Under $100K? Here&#8217;s What New Poll Predicts</a><a href="https://benzinga.com/crypto/cryptocurrency/25/06/46054595/xrp-sheds-10-in-seven-days-so-why-are-traders-still-bullish" target="_blank" rel="noreferrer noopener"> </a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>
Photo: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

Peter Schiff Slams Texas For Authorizing Bitcoin Reserve: 'Another Example Of Why The Founding Fathers Distrusted Democracy'

VLVLY

Volvo Group Awarded EUR49M EU Grant For CarbonSmart SPACE Project To Cut CO₂ Emissions At Skövde Plant Using AI, Green Tech, And Hydrogen Batteries

Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) has recalled over 132,914 Lincoln Aviator SUVs over window bar and C-pillar issues.
Check out the current price of <a href="https://www.benzinga.com/quote/f">F stock here</a>.
What Happened: The defect applies to Aviator SUVs made between 2020 to 2025, an official filing with the NHTSA or National Highway Traffic Safety Administration showed on June 17, 2025.
"The rear door window bars and C-pillar trim may have insufficient adhesive bonding, which can allow the trim to detach from the vehicle," the filing by the NHTSA said.
<figure class="wp-block-image aligncenter size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="1020" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045038/FORD-NHTSA-1024x1020.jpg" alt="" class="wp-image-959364" style="width:427px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045038/FORD-NHTSA-1024x1020.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045038/FORD-NHTSA-300x300.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045038/FORD-NHTSA-150x150.jpg 150w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045038/FORD-NHTSA-768x765.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045038/FORD-NHTSA.jpg 1255w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Source: NHTSA
The affected models would be recalled and fixed by the dealer free of charge, the regulator shared in its filing.
Why It Matters: This is another one in multiple recalls issued by the Detroit-based automakers in recent times. Earlier, the company also issued a recall for the<a href="https://www.benzinga.com/markets/tech/25/06/46012477/ford-recalls-over-197000-vehicles-for-backseat-issue-that-could-trap-occupants-in-emergency-situations"> Ford Mustang Mach-E</a> for a rear door issue, which could trap occupants inside the EV.
Ford also issued separate recalls for the <a href="https://www.benzinga.com/markets/tech/25/06/45739688/ford-recalls-over-29500-f-150-lightning-pickup-trucks-over-suspension-defect">F-150 Lightning</a> all-electric pickup truck over a suspension issue, as well as recalling over <a href="https://www.benzinga.com/news/25/05/45643704/ford-recalls-11-million-vehicles-for-camera-software-issue-report">1.1 million vehicles</a>, including the Bronco and the Edge, over camera software issues.
Elsewhere, the company says that <a href="https://www.benzinga.com/markets/tech/25/06/46020713/ford-says-upcoming-budget-ev-platform-will-rival-chinese-ev-prices-report">its budget EV platform</a>, due to arrive in 2027, could help the company rival its Chinese counterparts on cost-effectiveness.
"Ford intends to match the cost structure of leading Chinese players," Ford's VP for EVs Systems and Platform Programs, Lisa Drake, had said.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="204" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045153/F-JUN-24-2025-1024x204.jpg" alt="" class="wp-image-959367" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045153/F-JUN-24-2025-1024x204.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045153/F-JUN-24-2025-300x60.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045153/F-JUN-24-2025-768x153.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045153/F-JUN-24-2025-1536x307.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24045153/F-JUN-24-2025.jpg 1583w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Ford scores well on Value, Quality and Growth metrics, while offering satisfactory Momentum. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/46048352/gop-cant-kill-usps-ev-fleet-under-tax-bill-says-senate-parliamentarian">GOP Can&#8217;t Kill USPS EV Fleet Under Tax Bill, Says Senate Parliamentarian</a></li>
</ul>
Photo courtesy: Tada Images / Shutterstock.com

Ford Recalls Aviator SUVs As Adhesive Issue Adds To Automaker's Mounting Recall Woes

Aurora Mobile To Invest Up To 20% Of Cash Reserves In Bitcoin, Ethereum, Solana, And Other Digital Assets As Part Of Treasury Diversification Strategy

Klotho Neuroscience, Inc. (NASDAQ: KLTO), a US-based biogenetics company developing cell and gene- based treatments to address neurological conditions, including ALS, Alzheimer's Disease (AD) and Parkinson's Disease (PD), has announced that it is partnering with Drs. Makoto Suzuki, Craig and Bradley Willcox, Richard Allsopp, and Michio Shimabukuro of the Okinawa Research Center for Longevity Science (ORCLS), as part of its research program on Okinawa, Japan, where a comparatively high number people live extremely long and healthy lives, many reaching 100 years and more.
&nbsp;
Okinawa is the original Blue Zone, validated by nearly five decades of groundbreaking research by ORCLS, which led to the discovery of other "longevity hotspots" - areas of the world with high concentrations of where people live to exceptional ages, extending not only their lifespans but their healthspans. KLTO has preliminary data from ORCLS suggesting the human alpha-Klotho gene and its secreted alpha-Klotho protein isoform (s-KL) may contribute to healthy longevity and lifespan. As we grow old, α-Klotho blood and tissue levels decrease. The decrease in tissue levels precedes the onset of multiple pathologies and diseases of human organ systems. Importantly, replenishing the s-KL levels using gene therapy may help protect against neurodegenerative disorders, muscle loss, bone loss and heart, liver and kidney disfunction associated with aging.

KLTO

Klotho Neuroscience Partners With Okinawa Longevity Experts to Explore Gene Therapy for Healthy Aging

Broad Arrow Auctions, a Hagerty (NYSE:<a href="https://www.benzinga.com/stock/HGTY#NYSE">HGTY</a>) company, is excited to announce that two very special Ferrari models are among the first to be consigned for its inaugural Zoute Concours Auction on 10 October. The first is a 1967 Ferrari 275 GTB/4, estimated at €2.700.000 - €3.200.000, with incredible provenance and one of just six to be delivered from the Maranello factory in stunning Verde Pino. The second is a rare and equally stunning 1970 Ferrari 365 GTB/4 Daytona "Plexi" (Estimate: Available on request), one of only two finished in Avorio (Ivory) from new.
These two Ferraris will feature in Broad Arrow's new Zoute Concours Auction, which will be held in collaboration with Zoute Grand Prix Car Week in Belgium (8-12 October 2025). The auction will take place on Friday 10 October at the beautiful Approach Golf in Knokke-Heist, where the two Ferraris will be among 70 exceptional collector cars on offer.

HGTY

Hagerty's Broad Arrow Debuts Zoute Auction With Two Ferraris Among 70 Collector Cars

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.klaviyo.com%2F&amp;esheet=54281208&amp;newsitemid=20250624161754&amp;lan=en-US&amp;anchor=Klaviyo&amp;index=1&amp;md5=077388d93864687dd3cd21210643cda3">Klaviyo</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVYO#NYSE">KVYO</a>), the only CRM built for B2C brands, today announced a major platform enhancement to solve one of marketing's most persistent challenges: disconnected customer experiences.
Now marketers can stop guessing and start orchestrating based on real-time insights. New product features use AI to deliver personalized, cross-channel experiences based on individual customer preferences all from one platform. Unveiled live at K:LDN, Klaviyo's flagship European event, the launch gives global brands like Castore, AS Beauty, and Paul Smith a first look at what's possible for true omnichannel marketing.
Built on the Klaviyo Data Platform (KDP)—which processes over 2 billion daily events across 7 billion+ customer profiles—this release addresses a core problem: fragmented tools and slow decision-making. Marketers can now run campaigns across email, SMS/RCS, push, WhatsApp, and mobile, all from one place, without waiting on integrations or syncs. In a market where budgets are tight and attention is scarce, this gives teams the ability to move faster, cut waste, and prove real-time impact, without adding cost or complexity.

Comments

Maase Inc. - Class A Ordinary Shares

뉴스

에 대한 최신 뉴스 Maase Inc. - Class A Ordinary Shares (NASDAQ:MAAS) 주식

뉴스

파트너 / 기고자

벤징가 글로벌