Pixel 10 Pro XL vs. Galaxy S25 Ultra: Which will be the new Android king?
In the land of Android, no other matchup gets more buzz than the Google versus Samsung debate. That's why a Pixel 10 Pro XL vs. Galaxy S25 Ultra face-off is needed to see which of these phones could ultimately be the new Android flagship king.
Nearly every aspect of Samsung's flagship was improved to unanimously become our best phone category winner. In our Galaxy S25 Ultra review, we specifically call out the processing and battery life performance gains of the phone thanks in large part to the Snapdragon 8 Elite — but the biggest boost came from its new Galaxy AI features.
Google certainly has a tough road ahead of itself if it intends on having the Pixel 10 Pro XL beat out the Galaxy S25 Ultra. While the previous model has its own hallmark qualities, like having the brightest screen we've tested, the Pixel 9 Pro XL came up short against the S25 Ultra in our 200 photo shootout.
This is why Google can't afford to come up short in any area if it wants to come out on top of this Pixel 10 Pro XL vs Galaxy S25 Ultra. We'll take everything we know about the upcoming Pixel and compare it to our actual testing and real life experiences with the S25 Ultra to see which could come out on top.
Pixel 10 Pro XL vs. Galaxy S25 Ultra: Specifications
Pixel 10 Pro XL (rumored)
Galaxy S25 Ultra
Display
6.8 inches
6.9 inches QHD+ (120Hz)
CPU
Tensor G5
Snapdragon 8 Elite for Galaxy
RAM
16GB
12GB
Storage
256GB, 512GB, 1TB
256GB, 512GB, 1TB
Rear cameras
50MP main, 48MP ultrawide, 48MP 5x telephoto
200MP main, 50MP ultrawide, 10MP 3x telephoto, 50MP 5x telephoto
Front camera
42MP
12MP (f/2.2)
Battery
5,200 mAh
5,000 mAh
Colors
Obsidian, Porcelain, Moonstone, and Jade
Titanium Silverblue, Black, Bray and Whitesilver
Pixel 10 Pro XL vs. Galaxy S25 Ultra: Release and Price
The next Made by Google event is slated for August 20, where we'll presumably get the official Pixel 10 Pro XL announcement. If past events are any indication, we suspect the Pixel 10 Pro XL launch to happen the following week — perhaps on August 28 or 29.
Recent reports suggest that Google's increasing the price of the Pixel 10 Pro XL to $1,199, which would be up from the $1,099 cost from before. However, this increase would merit a storage bump from 128GB to 256GB.
Meanwhile, the Galaxy S25 Ultra launched earlier this year on February 7, 2025 after its announcement during Galaxy Unpacked on January 22. Samsung kept the same $1,299 price as before, which means that the Pixel 10 Pro XL could have the edge here if the rumors turn out true.
Pixel 10 Pro XL vs. Galaxy S25 Ultra: Design
Based on the leaks, not a whole lot is expected to change with the Pixel 10 Pro XL — and there's nothing wrong with that either. That's because renders of the phone show the same rounded corners from before, with that distinguishable elongated pill cutout for its rear cameras.
These aesthetic qualities make the Pixel 10 Pro XL much more inviting to look at than the Galaxy S25 Ultra, especially when it's been recycling the same design for the last few generations. Although, its titanium frame continues to give it a study feel. But despite this, the Galaxy S25 Ultra just looks way too conventional at this point and it lacks the stylish cues that the Pixel 10 Pro XL appears to be bringing again.
Google's tipped to bring 4 new colors with the Pixel 10 Pro XL: Obsidian, Porcelain, Moonstone, and Jade. Even though two of them are your typical black and white options, Moonstone and Jade add a level of appeal to the Pixel 10 Pro XL's design that the current color options for the Galaxy S25 Ultra lack.
Pixel 10 Pro XL vs. Galaxy S25 Ultra: Display
Google doesn't need to work too hard to convince people that the Pixel 10 Pro XL will have the better display, which is believed to be a 6.8-inch Super Actua panel according to specs leaks. This is because the Pixel 9 Pro XL already holds the title of the brightest display in a phone that Tom's Guide has tested — reaching an astounding peak brightness of 2,649 nits.
In comparison, the Galaxy S25 Ultra's 6.9-inch Dynamic AMOLED 2x display reached 1,860 nits. Even though this is plenty bright enough to watch videos or surf the web while outdoors with the sun out, it's still way behind the Pixel 9 Pro XL's reach. Obviously there's an opportunity here for Google to widen the divide, but it appears as though Google's also working on using 480Hz Pulse Width Modulation (PWM) dimming for the 10 Pro XL's display to help reduce eye strain and fatigue.
Pixel 10 Pro XL vs. Galaxy S25 Ultra: Cameras
There are valid reasons why the Galaxy S25 Ultra is hailed as the best camera phone too. Some would argue the utility of its quadruple camera system, which consists of a 200MP main sensor, 50MP ultrawide, 50MP 5x telephoto, and 10MP 3x telephoto. Beyond the hardware, it's the robust camera app that sets it apart — mainly for how it offers true manual controls for photos and videos, something that very few phones offer.
Furthermore, the Galaxy S25 Ultra has proven itself countless times in our various photo shootouts, like the time we captured over 200 photos between the Galaxy S25 Ultra and Pixel 9 Pro XL. That one turned out to be one-sided with the Galaxy S25 Ultra cameras proving to be superior in just about every way.
Camera leaks for the Pixel 10 Pro XL doesn't make it look promising for the unreleased phone because it appears that it will be using the same hardware as before, so that would mean a 50MP main shooter, 48MP ultrawide, and 48MP 5x telephoto. This means that any improvements would have to largely come from newer image processing algorithms, which is a common practice for many phone makers.
While both companies inject AI into its cameras and apps, it'll be interesting to see what else Google ends up doing to make the Pixel 10 Pro XL the better camera phone. Reportedly, Google's working on a Gemini-powered feature called Camera Coach, which would guide Pixel 10 Pro XL users to capture the best photos. Think of it as something like a professional shooter giving you shooting advice in real time by changing up the framing, lighting, and much more.
Pixel 10 Pro XL vs. Galaxy S25 Ultra: Performance
Historically speaking, Google's line of Tensor chips have often underperformed against whatever's powering Samsung's flagship. With the Pixel 10 Pro XL, Google's hoping to reverse the course with the Tensor G5 under the hood — which is reportedly being made using a 3-nanometer process.
Benchmark test scores have never shown the Tensor to be at the top of the class when it comes to performance, but a switch to a 3nm manufacturing process could finally give the muscle power the Pixel 10 Pro XL needs to eclipse the Galaxy S25 Ultra. The Snapdragon 8 Elite powering Samsung's flagship has already proven itself.
Pixel 10 Pro XL vs. Galaxy S25 Ultra: Software and AI
Both Samsung and Google have invested a lot around their software, especially when it comes to supplementing the experience with AI features. As we've seen with the Pixel 9 Pro XL, it introduced new AI features that still make it the best AI phone around — and this is despite the Galaxy S25 Ultra coming out later.
Samsung's flagship made great strides with new features like cross app actions and audio eraser, while other Gemini-related features work no different from what the Pixel 9 Pro XL offered. Google could widen the gap with reports about the Pixel 10 Pro XL with a new AI assistant feature called Pixel Sense. Allegedly, this feature is supposed to take data from other Google Services to deliver a more personalized assistance. It almost sounds like Samsung's Personal Data Engine with the Galaxy S25 Ultra, but it'll be interesting to see how Google does it.
One UI 7 on top of Android 15 is what's currently running on the Galaxy S25 Ultra, but it's expected to get One UI 8 with Android 16 soon. The phone's already a productivity powerhouse with its myriad of features, like Samsung DeX support, multitasking features, and S Pen. The Pixel 10 Pro XL is expected to run vanilla Android 16, but it's unclear if any additional features outside of what the company showed off at Google I/O 2025 will be introduced.
Pixel 10 Pro XL vs. Galaxy S25 Ultra: Outlook
The Galaxy S25 Ultra is the top Android phone to beat, but its time on the throne could be winding down — just as long as the Pixel 10 Pro XL gets all the necessary performance boosts. What also could help it out is that it might still end up being cheaper than the Galaxy S25 Ultra.
We're confident that AI will continue to have a central part in its story, which could end up being the biggest differentiator between the Pixel 10 Pro XL and Galaxy S25 Ultra. However, Google's going to need to work some of its magic around the Pixel 10 Pro XL's cameras because there's only so much that newer image processing algorithms could do to enhance photos. We'll have a better idea once the next Made by Google event is here in a couple of weeks.
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Weibo Announces Second Quarter 2025 Unaudited Financial Results
BEIJING, Aug. 14, 2025 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB and HKEX: 9898), a leading social media in China, today announced its unaudited financial results for the second quarter ended June 30, 2025. "We delivered solid performance this quarter," said Gaofei Wang, CEO of Weibo. "On the user product front, we focused on the integration of social products and upgrade of recommendation system, which are aimed at improving user engagement and content consumption on the platform. On the AI technology application front, our user community of AI-powered intelligent search grew robustly, which further drove the increase of the overall search needs of users. On the monetization front, our advertising business exhibited solid trend this quarter, leveraging our strengths in new product launch marketing and our capability to capture advertising budget during the e-commerce season." Second Quarter 2025 Highlights Net revenues were US$444.8 million, an increase of 2% year-over-year or an increase of 1% year-over-year on a constant currency basis [1]. Advertising and marketing revenues were US$383.4 million, an increase of 2% year-over-year or an increase of 2% year-over-year on a constant currency basis [1]. Value-added services ("VAS") revenues were US$61.4 million, a decrease of 2% year-over-year or a decrease of 2% year-over-year on a constant currency basis [1]. Income from operations was US$145.6 million, an increase of 8% year-over-year, representing an operating margin of 33%. Net income attributable to Weibo's shareholders was US$125.7 million and diluted net income per share was US$0.48. Non-GAAP income from operations was US$161.8 million, an increase of 3% year-over-year, representing a non-GAAP operating margin of 36%. Non-GAAP net income attributable to Weibo's shareholders was US$143.2 million and non-GAAP diluted net income per share was US$0.54. Monthly active users ("MAUs") were 588 million in June 2025. Average daily active users ("DAUs") were 261 million in June 2025. [1] We define constant currency (non-GAAP) by assuming that the average exchange rate in the second quarter of 2025 was the same as it was in the second quarter of 2024, or RMB7.23=US$1.00. Second Quarter 2025 Financial Results For the second quarter of 2025, Weibo's total net revenues were US$444.8 million, an increase of 2% compared to US$437.9 million for the same period last year. Advertising and marketing revenues for the second quarter of 2025 were US$383.4 million, an increase of 2% compared to US$375.3 million for the same period last year. Advertising and marketing revenues excluding advertising revenues from Alibaba were US$347.6 million, an increase of 1% compared to US$342.9 million for the same period last year. Advertising and marketing revenues from Alibaba were US$35.7 million, an increase of 10% compared to US$32.4 million for the same period last year, mainly attributable to incremental marketing demand for the June 18 e-commerce festival. VAS revenues for the second quarter of 2025 were US$61.4 million, a decrease of 2% compared to US$62.6 million for the same period last year. Costs and expenses for the second quarter of 2025 totaled US$299.2 million, a decrease of 1% compared to US$302.5 million for the same period last year. The decrease mainly resulted from the decrease of general and administrative expenses year-over-year, partially offset by the increase in cost of revenues and product development expenses year-over-year. The decrease of general and administrative expenses was primarily due to the collection of an accounts receivable in the second quarter of 2025 which had previously been recognized as bad debt expenses and written off in the past period. Income from operations for the second quarter of 2025 was US$145.6 million, an increase of 8% compared to US$135.4 million for the same period last year. Operating margin for the second quarter of 2025 was 33%, compared to 31% for the same period last year. Non-GAAP income from operations for the second quarter of 2025 was US$161.8 million, compared to US$157.6 million for the same period last year. Non-GAAP operating margin for the second quarter of 2025 was 36%, at similar level compared to the same period last year. Non-operating income for the second quarter of 2025 was US$12.8 million, compared to US$11.4 million for the same period last year. Non-operating income for the second quarter of 2025 mainly included (i) net interest and other income of US$15.9 million; and (ii) investment related impairment of US$4.9 million, which was excluded under non-GAAP measures. Income tax expenses for the second quarter of 2025 were US$31.7 million, compared to US$33.3 million for the same period last year. Net income attributable to Weibo's shareholders for the second quarter of 2025 was US$125.7 million, compared to US$111.9 million for the same period last year. Diluted net income per share attributable to Weibo's shareholders for the second quarter of 2025 was US$0.48, compared to US$0.43 for the same period last year. Non-GAAP net income attributable to Weibo's shareholders for the second quarter of 2025 was US$143.2 million, compared to US$126.3 million for the same period last year. Non-GAAP diluted net income per share attributable to Weibo's shareholders for the second quarter of 2025 was US$0.54, compared to US$0.48 for the same period last year. As of June 30, 2025, Weibo's cash, cash equivalents and short-term investments totaled US$2.11 billion. For the second quarter of 2025, cash provided by operating activities was US$24.8 million, capital expenditures totaled US$17.6 million, and depreciation and amortization expenses amounted to US$14.8 million. Conference Call Weibo's management team will host a conference call from 7:00 AM to 8:00 AM Eastern Time on August 14, 2025 (or 7:00 PM to 8:00 PM Beijing Time on August 14, 2025) to present an overview of the Company's financial performance and business operations. Participants who wish to dial in to the teleconference must register through the below public participant link. Dial-in and instructions will be provided in the confirmation email upon registering. Participants Registration Link: Additionally, a live and archived webcast of this conference call will be available at Non-GAAP Financial Measures This release contains the following non-GAAP financial measures: non-GAAP income from operations, non-GAAP net income attributable to Weibo's shareholders, non-GAAP diluted net income per share attributable to Weibo's shareholders and adjusted EBITDA. These non-GAAP financial measures should be considered in addition to, not as a substitute for, measures of the Company's financial performance prepared in accordance with U.S. GAAP. The Company's non-GAAP financial measures exclude stock-based compensation, amortization of intangible assets resulting from business acquisitions, net results of impairment and provision on investments, gain/loss on sale of investments and fair value change of investments, non-GAAP to GAAP reconciling items on the share of equity method investments, non-GAAP to GAAP reconciling items for the income/loss attributable to non-controlling interests, income tax expense related to the amortization of intangible assets resulting from business acquisitions and fair value change of investments (other non-GAAP to GAAP reconciling items have no tax effect), and amortization of issuance cost of convertible senior notes, unsecured senior notes and long-term loans. Adjusted EBITDA represents non-GAAP net income attributable to Weibo's shareholders before interest income/expense, net, income tax expenses/benefits, and depreciation expenses. The Company's management uses these non-GAAP financial measures in their financial and operating decision-making, because management believes these measures reflect the Company's ongoing operating performance in a manner that allows more meaningful period-to-period comparisons. The Company believes that these non-GAAP financial measures provide useful information to investors and others in the following ways: (i) in comparing the Company's current financial results with the Company's past financial results in a consistent manner, and (ii) in understanding and evaluating the Company's current operating performance and future prospects in the same manner as management does. The Company also believes that the non-GAAP financial measures provide useful information to both management and investors by excluding certain expenses, gains/losses and other items (i) that are not expected to result in future cash payments or (ii) that are non-recurring in nature or may not be indicative of the Company's core operating results and business outlook. Use of non-GAAP financial measures has limitations. The Company's non-GAAP financial measures do not include all income and expense items that affect the Company's operations. They may not be comparable to non-GAAP financial measures used by other companies. Accordingly, care should be exercised in understanding how the Company defines its non-GAAP financial measures. Reconciliations of the Company's non-GAAP financial measures to the nearest comparable GAAP measures are set forth in the section below titled "Unaudited Reconciliation of Non-GAAP to GAAP Results." About Weibo Weibo is a leading social media for people to create, share and discover content online. Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution. Any user can create and post a feed and attach multi-media and long-form content. User relationships on Weibo may be asymmetric; any user can follow any other user and add comments to a feed while reposting. This simple, asymmetric and distributed nature of Weibo allows an original feed to become a live viral conversation stream. Weibo enables its advertising and marketing customers to promote their brands, products and services to users. Weibo offers a wide range of advertising and marketing solutions to companies of all sizes. Weibo generates a substantial majority of its revenues from the sale of advertising and marketing services, including the sale of social display advertisement and promoted marketing offerings. Weibo displays content in a simple information feed format and offers native advertisement that conform to the information feed on our platform. We are continuously refining our social interest graph recommendation engine, which enables our customers to perform people marketing and target audiences based on user demographics, social relationships, interests and behaviors, to achieve greater relevance, engagement and marketing effectiveness. Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology, such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "confidence," "estimates" and similar statements. Among other things, Weibo's expected financial performance and strategic and operational plans, as described, without limitation, in quotations from management in this press release, contain forward-looking statements. Weibo may also make written or oral forward-looking statements in the Company's periodic reports to the U.S. Securities and Exchange Commission ("SEC"), in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, Weibo's limited operating history in certain new businesses; failure to sustain or grow active user base and the level of user engagement; the uncertain regulatory landscape in China; fluctuations in the Company's quarterly operating results; the Company's reliance on advertising and marketing sales for a majority of its revenues; failure to successfully develop, introduce, drive adoption of or monetize new features and products; failure to compete effectively for advertising and marketing spending; failure to successfully integrate acquired businesses; risks associated with the Company's investments, including equity pick-up and impairment; failure to compete successfully against new entrants and established industry competitors; changes in the macro-economic environment, including the depreciation of the Renminbi; and adverse changes in economic and political policies of the PRC government and its impact on the Chinese economy. Further information regarding these and other risks is included in Weibo's annual reports on Form 20-F and other filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is current as of the date hereof, and Weibo assumes no obligation to update such information, except as required under applicable law. Contact: Investor RelationsWeibo CorporationPhone: +86 10 5898-3336Email: ir@ WEIBO CORPORATION UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands of U.S. dollars, except per share data) Three months endedSix months ended June 30,June 30,June 30,June 30, 2024202520242025 Net revenues: Advertising and marketing $ 375,277$ 383,352$ 714,228$ 722,458 Value-added services 62,59661,446119,142119,195Net revenues 437,873444,798833,370841,653Costs and expenses: Cost of revenues (1) 89,790103,451176,611192,253 Sales and marketing (1) 114,232109,747217,859205,557 Product development (1) 71,68978,068152,415154,089 General and administrative (1) 26,7777,96251,36333,874Total costs and expenses 302,488299,228598,248585,773 Income from operations 135,385145,570235,122255,880Non-operating income (loss): Investment related income (loss), net 245(3,112)(4,725)5,245 Interest and other income (loss), net 11,18215,945(7,429)29,691 11,42712,833(12,154)34,936Income before income tax expenses 146,812158,403222,968290,816 Less: Income tax expenses 33,27531,70558,31955,996Net income 113,537126,698164,649234,820 Less: Net income attributable to non-controlling interests 4714291,019763 Accretion to redeemable non-controlling interests 1,1355842,2611,408 Net income attributable to Weibo's shareholders $ 111,931$ 125,685$ 161,369$ 232,649 Basic net income per share attributable to Weibo's shareholders $ 0.47$ 0.53$ 0.68$ 0.98 Diluted net income per share attributable to Weibo's shareholders $ 0.43$ 0.48$ 0.63$ 0.88Shares used in computing basic net income per share attributable to Weibo's shareholders 237,124238,632236,909238,459 Shares used in computing diluted net income per share attributable to Weibo's shareholders 265,086268,346264,365267,429(1) Stock-based compensation in each category: Cost of revenues $ 1,527$ 980$ 3,300$ 2,219Sales and marketing 3,2112,2347,0345,163Product development 8,2935,34018,73112,180General and administrative 4,1763,4659,1547,504 WEIBO CORPORATION UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands of U.S. dollars)As of December 31,June 30, 20242025AssetsCurrent assets: Cash and cash equivalents $ 1,890,632$ 1,156,292Short-term investments 459,852952,876Accounts receivable, net 339,754376,540Prepaid expenses and other current assets 348,774339,402Amount due from SINA(1) 452,769452,953 Current assets subtotal 3,491,7813,278,063 Property and equipment, net 215,034280,622Goodwill and intangible assets, net 272,004268,159Long-term investments 1,389,1991,419,411Other non-current assets 1,136,4811,292,890Total assets $ 6,504,499$ 6,539,145Liabilities, Redeemable Non-controlling Interests and Shareholders' Equity Liabilities:Current liabilities: Accounts payable $ 158,435$ 186,790Accrued expenses and other current liabilities 652,369582,521Income tax payable 84,69050,295Deferred revenues 72,64277,272 Current liabilities subtotal 968,136896,878Long-term liabilities: Convertible senior notes 320,803322,374Unsecured senior notes 744,662745,146Long-term loans 795,311797,144Other long-term liabilities 96,701101,895 Total liabilities 2,925,6132,863,437 Redeemable non-controlling interests 45,10325,817 Shareholders' equity :Weibo shareholders' equity 3,482,7713,597,121 Non-controlling interests 51,01252,770Total shareholders' equity 3,533,7833,649,891Total liabilities, redeemable non-controlling interests and shareholders' equity $ 6,504,499$ 6,539,145(1) Included short-term loans to and interest receivable from SINA of US$417.7 million as of December 31, 2024 and US$410.2 million as of June 30, 2025. WEIBO CORPORATIONUNAUDITED RECONCILIATION OF NON-GAAP TO GAAP RESULTS(In thousands of U.S. dollars, except per share data)Three months endedSix months endedJune 30,June 30,June 30,June 30,2024202520242025Income from operations$ 135,385$ 145,570$ 235,122$ 255,880 Add: Stock-based compensation 17,207 12,019 38,219 27,066 Amortization of intangible assets resulting from business acquisitions 5,011 4,161 10,070 8,283Non-GAAP income from operations$ 157,603$ 161,750$ 283,411$ 291,229Net income attributable to Weibo's shareholders$ 111,931$ 125,685$ 161,369$ 232,649 Add: Stock-based compensation 17,207 12,019 38,219 27,066 Amortization of intangible assets resulting from business acquisitions 5,011 4,161 10,070 8,283 Investment related gain/loss, net (1) (245) 3,112 4,725 (5,245) Non-GAAP to GAAP reconciling items on the share of equity method investments (8,412) (2,642) 16,946 (1,603) Non-GAAP to GAAP reconciling items for the income/loss attributable to non-controlling interests (435) (578) (871) (1,070) Tax effects on non-GAAP adjustments (2) (1,082) (485) (2,185) (1,219) Amortization of issuance cost of convertible senior notes, unsecured senior notes and long-term loans 2,277 1,943 4,591 3,886Non-GAAP net income attributable to Weibo's shareholders$ 126,252$ 143,215$ 232,864$ 262,747Non-GAAP diluted net income per share attributable to Weibo's shareholders$ 0.48 * $ 0.54 * $ 0.89 * $ 0.99 * Shares used in computing GAAP diluted net income per share attributable to Weibo's shareholders 265,086 268,346 264,365 267,429Shares used in computing non-GAAP diluted net income per share attributable to Weibo's shareholders 265,086 268,346 264,365 267,429Adjusted EBITDA: Net income attributable to Weibo's shareholders$ 111,931$ 125,685$ 161,369$ 232,649 Non-GAAP adjustments 14,321 17,530 71,495 30,098 Non-GAAP net income attributable to Weibo's shareholders 126,252 143,215 232,864 262,747Interest income, net (9,410) (10,098) (18,561) (24,084)Income tax expenses 34,357 32,190 60,504 57,215Depreciation expenses 9,169 10,363 18,586 19,512 Adjusted EBITDA$ 160,368$ 175,670$ 293,393$ 315,390Net revenues$ 437,873$ 444,798$ 833,370$ 841,653Non-GAAP operating margin 36 % 36 % 34 % 35 %(1) To adjust impairment and provision on investments, gain/loss on sale of investments and fair value change of investments. (2) To adjust the income tax effects of non-GAAP adjustments, which primarily related to amortization of intangible assets resulting from business acquisitions and fair value change of investments. Other non-GAAP adjustment items have no tax effect, because (i) they were recorded in entities established in tax free jurisdictions, or (ii) full valuation allowances were provided for related deferred tax assets as it is more-likely-than-not they will not be realized. * Net income attributable to Weibo's shareholders is adjusted for interest expense of convertible senior notes for calculating diluted EPS. WEIBO CORPORATION UNAUDITED ADDITIONAL INFORMATION (In thousands of U.S. dollars)Three months endedSix months endedJune 30,June 30,June 30,June 30,2024202520242025 Net revenuesAdvertising and marketing Non-Ali advertisers$ 342,868$ 347,610$ 659,268$ 644,104 Alibaba 32,40935,74254,96078,354 Subtotal375,277383,352714,228722,458Value-added services62,59661,446119,142119,195$ 437,873$ 444,798$ 833,370$ 841,653 View original content: SOURCE Weibo Corporation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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The AI infrastructure orders we received from webscale customers in fiscal 2025 were more than double our original target, indicating a massive opportunity ahead as we lead the required architectural shift and build the critical infrastructure needed for the AI era." Shares were little changed in pre-market trading on Thursday, though the stock is up 12.5% year-to-date. Advanced Micro Devices (AMD) Shares in chipmaker Advanced Micro Devices (AMD) popped 5.4% on Wednesday to close at their highest point in more than a year. The rise in AMD shares comes just days after the company made a deal with the White House on Chinese chip sales. Read more: Sterling hits one-month high as UK growth better than expected The White House confirmed reports on Monday that AMD and fellow chipmaker Nvidia (NVDA) had agreed to share 15% of their revenue from chip sales to China with the US government. AMD shares dipped nearly 1% back into the red in pre-market trading on Thursday, though the stock is still up nearly 53% year-to-date. Bullish (BLSH) Shares in crypto exchange Bullish (BLSH) soared nearly 84% in their market debut in New York on Wednesday and were up a further 11% in pre-market trading on Thursday. The stock opened for trade at $90 per share on Wednesday, rising as high as $118 shortly after and was halted for trade due to volatility at least twice within the first few minutes of trading. The stock closed Wednesday's session at $68 per share, with a market valuation of $9.94bn. Stocks: Create your watchlist and portfolio Bullish, which also owns the trade publication CoinDesk, priced its initial public offering (IPO) at $37 per share on Tuesday. This is Bullish's second shot at a market debut, having made a first attempt to go public via a special purpose acquisition company (SPAC) merger in 2021, but the deal fell through following regulatory scrutiny and the firm withdrew its registration. Carlsberg ( In Europe, shares in Carlsberg ( slid 6.7% on Thursday morning, after the Danish brewer's first half profits missed expectations. The beer maker posted slower-than-expected organic operating profit growth of 2.3% in the first half, along with a 1.7% dip in volumes. The fall in shares came despite Carlsberg lifting the lower end of its earnings guidance for the year, saying it now expected to see organic operating profit growth of 3% to 5% in the 2025 fiscal year, compared to a previous forecast of 1% to 5%. Read more: Stocks that are trending today Carlsberg CEO Jacob Aarup-Andersen said that the group had delivered "solid results in a difficult half year". He said: "We don't expect the consumer environment to improve over the remainder of the year. Nevertheless, we're continuing our long-term investments in key brands and capabilities, including in areas such as digital, marketing and value management, to create an even stronger Carlsberg. "Being able to narrow our earnings guidance towards the upper end of the range in a difficult trading environment reflects our relentless focus on commercial execution as well as continued strong performance management and cost discipline." Aviva (AV.L) On the London market, insurer Aviva (AV.L) was the second biggest riser on the FTSE 100 (^FTSE) on Thursday, after reporting a surge in operating profits. Aviva reported a 22% rise in operating profits in the first half to £1.07bn ($1.45bn), prompting the company to hike its interim dividend 10% to 13.1p per share. Read more: UK economic growth slows between April and June Adam Vettese, market analyst for eToro, said: "Aviva has once again shown itself to be a safe pair of hands in the insurance market, delivering half year results that underline its strong operational momentum." "Growth was broad based across insurance and wealth, with UK commercial lines a standout, and the Direct Line acquisition bringing added scale and the prospect of meaningful synergies." Read more: Bank of England cuts gilt holdings by £32.5bn in second quarter The most popular stocks and funds investors bought in July UK job market continues to weaken as vacancies fallError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
