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ByteDance's Seedance 2.5 doubles video generation to 30 seconds
Edgen Stock·Jul 31 2026, 07:39Share to
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[1] ByteDance Releases Seedance 2.5, Doubling Single-Generation Output to 30 Seconds, Accelerating AIGC Commercial Deployment (https://wallstreetcn.com/articles/3778407 ...)[2] ByteDance launches Seedance 2.5 video-generation model (https://technode.com/2026/07/31/bytedance-lau ...)[3] Google Earth gets AI image generator: Grounded in satellite data, web only (https://www.msn.com/en-us/news/technology/goo ...)[4] ByteDance Unveils Seedance 2.5: 30-Second Single-Generation Videos with Breakthrough Multimodal Reference and Editing Capabilities - finance.biggo.com (https://finance.biggo.com/news/294e2524-fb1f- ...)[5] Seedance 2.0 Explained: What It Is and Why It Matters - nerdbot (https://nerdbot.com/2026/07/30/seedance-2-0-e ...)
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Jul 31 2026, 08:31
CICC sees 49 stocks joining Southbound Stock Connect in August review
CICC expects 49 Hong Kong-listed stocks to join Southbound Stock Connect in the August index review, with 14 others facing removal, the broker said in a report. The additions would open a fresh channel for mainland capital into names spanning technology, biotech, and industrials, CICC said, as Hang Seng Indexes Company prepares to announce the semi-annual review of the Hang Seng Composite Index on August 21. The broker's likely additions include SIGENERGY (06656.HK), XIZHI TECH-P (01879.HK), DEEPZERO (02723.HK), and HARBIN ELECTRIC (01133.HK), alongside five dual-listed A+H companies that listed in Hong Kong since July — ANKER (00668.HK), LUXSHARE ICT (02475.HK), CCTC (06951.HK), NEXCHIP (02249.HK), and ZJ INNOLIGHT (03308.HK) — which CICC expects to be included progressively in August after their 30-day post-listing price stabilization periods end. Weighted voting rights company MINIMAX-W (00100.HK), listed January 9, is expected to join in early August after satisfying the six-month and 20-trading-day listing requirement, while SUNMI TECH-W (06810.HK), listed April 29, will wait until year-end. The 14 stocks flagged for removal — including HAICHANG HLDG (02255.HK), YIDU TECH (02158.HK), and MING YUAN CLOUD (00909.HK) — fall short on market-cap coverage ranking below 96 percent, market value below HK$4 billion, or trading suspension. The reshuffle carries direct implications for liquidity. Stocks added to the connect channel typically draw net buying from mainland investors, while those removed face selling pressure and thinner turnover. CICC's list spans sectors from memory-chip and robotics names to gold miners and biotech developers, reflecting the breadth of Hong Kong's recent listing pipeline. The Hang Seng Composite Index review is the gatekeeper for Southbound Stock Connect eligibility, which lets mainland investors trade Hong Kong shares through the Shanghai and Shenzhen exchanges. The August 21 announcement will set the new constituent list, with changes taking effect in the following adjustment period. The review lands as Hong Kong equities trade near recent lows. The Hang Seng Index slipped 0.3 percent to 25,797.28 in the latest session, while the Shanghai Composite advanced 0.9 percent to 3,837.36, showing the divergence between mainland and offshore markets that Stock Connect flows help bridge. For investors, the announcement date is the key trading event. Names on the likely-addition list, such as TONGGUAN GOLD (00340.HK) and HUAYAN ROBOTICS (01021.HK), could see pre-positioning flows ahead of the official result, while the 14 flagged removals face the risk of index-fund selling once the changes take effect. This article is for informational purposes only and does not constitute investment advice.
Jul 31 2026, 08:22
Roblox investors face Aug 7 lead plaintiff deadline in fraud suit
Roblox Corporation investors face an Aug. 7 lead plaintiff deadline in a securities fraud class action covering purchases from Oct. 31, 2024 through April 30, 2026. "We're focused on when Roblox and its management knew of the adverse consequences of the age-check rollout and whether they intentionally misled investors," Reed Kathrein, the Hagens Berman partner leading the firm's investigation, said. The lawsuit alleges Roblox and senior executives violated §§10(b) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 by making false statements about the company's organic growth potential. The complaint centers on the age-verification rollout that began in November 2025. On Oct. 30, 2025, Roblox announced enhanced age verification would be instituted globally beginning January 2026. The stock fell 16 percent from $133.74 to $113.00 per share, erasing $13 billion in market value. On April 30, 2026, Roblox revealed a steep deceleration in daily active user growth, slashed its 2026 revenue guidance, and cut its bookings growth midpoint from 24 percent to 10 percent. The company said just 51 percent of global DAUs had completed age checks and acknowledged "continued friction" from the rollout, including reduced app store ratings and fewer organic sign-ups. Multiple firms — including Rosen Law Firm, Bernstein Liebhard LLP, and Schall, Brown & Schwartz LLP — are soliciting shareholders to serve as lead plaintiff. A lead plaintiff acts as a representative party directing the litigation on behalf of other class members. Investors who take no action can remain absent class members and may still be eligible for any recovery. All representation is on a contingency fee basis. The lawsuit follows a series of disclosures that revealed the age-check rollout's impact on Roblox's growth trajectory. The company had previously assured investors that "safety would be paramount" and that its "safety and civility policies are purpose-built to be strict" for a platform that includes children aged 5 and over. Rosen Law Firm's investigation alleges that Roblox provided overwhelmingly positive statements to investors while concealing that enrollment in the age verification rollout would quickly taper, compounding a slowdown in on-platform communication and resulting in app store rating reductions. The firm said the company's organic growth would see a significant slowdown as a result. Roblox said the lowered outlook reflects "continued friction" resulting from the age-check rollout, which has reduced app store ratings and organic sign-ups. The company's 2026 bookings growth midpoint was cut from 24 percent to 10 percent. The age-verification rollout was designed to increase safety within certain social features on Roblox's platform, which includes users aged 5 and over. The company's decision to prioritize safety measures has created a tension between regulatory compliance and growth, a challenge facing the broader gaming industry as regulators scrutinize child safety on digital platforms. The litigation adds legal overhang to a stock already under pressure from slowing growth. Investors will watch whether additional disclosures emerge before the Aug. 7 deadline and whether the court certifies the class. This article is for informational purposes only and does not constitute investment advice.
Jul 31 2026, 08:17
Puma sales fall 9.4% as turnaround reset weighs on demand
Puma reported Q2 sales of €1.69 billion, down 9.4% currency-adjusted, as reset measures and weaker consumer demand in key regions weighed on results. "In the second quarter, we continued to rebuild PUMA as a brand-led organisation," Chief Executive Officer Arthur Hoeld said. Gross profit margin rose about 180 basis points to 48%, helped by lower sourcing prices including €11.5 million in tariff refunds. EBIT improved to a €53.1 million loss from €109.1 million a year earlier, while adjusted EBIT fell 71.4% to a €41.9 million loss. Wholesale declined 14% currency-adjusted, while direct-to-consumer rose 0.4%, lifting the DTC share to 35.2% from 32.1%. By region, EMEA fell 12.9% currency-adjusted and the Americas dropped 15.4%, while Asia/Pacific rose 8.6% on demand for low-profile sneakers such as the Speedcat. Footwear declined 11.7%, apparel fell 4.3% and accessories slipped 12%. In Greater China, e-commerce benefited from the "618 Shopping Festival," though wholesale softened after ANTA Sports announced plans to acquire a stake in Puma. Free cash flow jumped to €328.8 million from €94.9 million, driven by improved working capital and lower capital expenditure. Inventories fell 15.3% to €1.82 billion, with normalization expected by year-end. Puma confirmed its full-year outlook, projecting currency-adjusted sales to decline in the low- to mid-single-digit range and EBIT between a €50 million and €150 million loss. The guidance now incorporates the Middle East conflict and tariff effects, which were not previously reflected. The results mark the second straight year of transition for the German sportswear maker, which is streamlining distribution in North America and Europe while cutting undesirable wholesale business. Management expects sales to improve sequentially in the second half and targets a return to growth from 2027, part of its push to close ground on rivals Adidas and Nike. Investors will watch the Q3 report on Oct. 30 for signs the reset is translating into demand. This article is for informational purposes only and does not constitute investment advice.