TAL Education Group Provides Update on New Regulations

BEIJING, July 25, 2021 /PRNewswire/ — TAL Education Group (“TAL” or the “Company”) (NYSE: TAL), a leading K-12 after-school tutoring services provider in China, announced that, on July 24, 2021, China’s official state media, including Xinhua News Agency and China Central Television, announced the Opinions on Further Alleviating the Burden of Homework and After-School Tutoring … Read more

The Past Week’s Most Notable Insider Buys: Blackstone, Cricut, Fast Acquisition And More

Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. A leading asset manager and a special purpose acquisition companies attracted some notable insider buying last week. Beneficial owners were in the spotlight as earnings season means buy windows are close for many insiders.   Conventional wisdom says … Read more

76% of the money startups raise is not from traditional VCs. Here are the biggest nontraditional investors of 2021.

Jeff Horing co-founded Insight Partners in 1995 and is also a managing director. The firm has been the most active nontraditional investor this year. Insight Partners Nontraditional investors deployed 76% of all venture dollars in the second quarter. Insight Partners has been the most active, doing 70 deals this year alone. Coatue Management backed Didi … Read more

New Oriental Education & Technology Group Inc. Provides Update on New Regulations

BEIJING, July 25, 2021 /PRNewswire-Asia/ — New Oriental Education & Technology Group Inc. (“New Oriental” or the “Company”) (NYSE: EDU and SEHK: 9901), the largest provider of private educational services in China, announced that, on July 24, 2021, China’s official state media, including Xinhua News Agency and China Central Television, announced the Opinions on Further … Read more

Shareholder Alert: Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Securities Fraud Class Action Lawsuit Filed Against DiDi Global Inc.

RADNOR, Pa., July 24, 2021 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of DiDi Global Inc. (NYSE:  DIDI) (“DiDi”) that securities lawsuits have been filed on behalf of those who purchased or acquired DiDi: (a) American Depositary Shares (“ADSs”) pursuant and/or traceable to the registration statement and prospectus (collectively, … Read more

‘We can expect fireworks’: 6 experts sound off on their expectations for Robinhood’s hugely anticipated IPO

Vlad Tenev, CEO and co-founder of Robinhood. Kimberly White/Getty Images for Robinhood Ever since Robinhood was founded in 2013, the firm has been at the center of the retail trading boom. Ahead of its IPO, Robinhood announced it is selling up to a third of its shares directly to retail investors. Insider asked six experts … Read more

See inside Victoria’s Secret’s revamped ‘store of the future’ as it ditches Angels to lure more women

“I was thrilled to see more representative mannequins like these, but I was hoping for more,” writes Mandy Shunnarah. Mandy Shunnarah Mandy Shunnarah visited the redesigned Victoria’s Secret store at the Polaris Fashion Place mall near Columbus, Ohio. The store swapped its bubblegum pink decor and size-zero mannequins for muted colors and fuller figures. Shunnarah … Read more

Jeremy Grantham’s GMO says stocks are overvalued by every metric, but there are 3 strategies investors can use to weather a crash

Jeremy Grantham cofounded the asset management firm GMO. Boston Globe/Getty Images Stocks worldwide are expensive and US stock valuations are at concerning levels, Jeremy Grantham’s firm. GMO defended its view from bears on social media who are frustrated by the firm’s negative outook. GMO sees negative returns for 10 of 11 asset classes over the … Read more

Boston Beer Company crashes 26% as executives blame fizzling hard seltzer demand for steep earnings miss

Bethany Biron/Business Insider Beer tumbled more than 25% on Friday after revealing a bruising earnings miss on Thursday. On an earnings call, the Sam Adams maker reported earnings per share were $4.75 versus an anticipated $6.69. Boston Beer’s off-target expectations were a function of slowing growth in a maturing market, new competition, and pandemic restrictions, … Read more

iQIYI partners with Tsinghua University to further enhance video streaming quality with adaptive bitrate algorithms

BEIJING, July 23, 2021 /PRNewswire/ — iQIYI Inc. (NASDAQ: IQ) (“iQIYI” or the “Company”), an innovative market-leading online entertainment service in China, is pleased to announce that a paper on improving video streaming quality (the “Paper”) the Company co-published with Tsinghua University was named the Best Paper Award Runner-Up at the International Symposium on Quality of Service … Read more

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