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BeOne(6160): for the first quarter ended March 31, 2026, total revenue reached $1.51 billion, representing a 35% year-over-year increase. Product revenue contributed $1.49 billion, growing 34% compared to the prior year. Driven by robust top-line growth and improved operating leverage, GAAP net income surged to $227 million from $1.27 million in the same period last year. GAAP diluted earnings per ADS stood at $1.96. Furthermore, free cash flow successfully turned positive at $161 million, marking a significant improvement in financial health. Looking ahead, full-year 2026 total revenue guidance has been raised to between $6.3 billion and $6.5 billion, with GAAP operating income expected to reach $750 million to $850 million.

The Trump-Xi meeting released optimistic signals, sending all four major US stock indices higher

The meeting covered topics including tariffs, AI, and geopolitics. The US government approved NVIDIA's (NVDA) sale of H200 chips to approximately 10 Chinese companies, including Alibaba, Tencent, TikTok, and JD.com, but no chips have yet been shipped.

The US Senate confirmed Warsh as Chairman of the Federal Reserve with a 54-45 vote, but the vote was partisan, with only one Democratic senator joining the Republicans in supporting him. Warsh will begin his four-year term after Powell steps down on Friday.