Anime Stars' Pioneer Talent Firm Shuts Down
VShojo Inc., which represented popular so-called VTubers — charismatic anime avatars operated by real people — closed its doors on Thursday, according to a posting by Justin Ignacio, founder and chief executive officer of the San Francisco-based company.
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Palantir is set to report second quarter earnings after announcing $10 billion US Army deal
Palantir (PLTR) was set to report quarterly earnings Monday after the bell, with Wall Street expecting another period of double-digit growth for the defense tech firm. Wall Street analysts tracked by Bloomberg expect the company to report second quarter adjusted earnings per share of $0.14, up from $0.09 the prior year. They expect revenue to hit $939.25 billion, up roughly 39% from last year, according to Bloomberg data. 'Expectations for Palantir headed into earnings are as high as ever,' DA Davidson analyst Gil Luria told Yahoo Finance in an email. 'The company has easily exceeded expectations for several recent quarters and appears to have more momentum than any other publicly traded software company.' Read more: Live coverage of corporate earnings Palantir sells its artificial intelligence software to businesses and governments in the US and abroad. Its tech does everything from supply chain analysis to surveillance and identifying military targets, the latter of which has drawn backlash from human rights advocates. In May, Palantir stock fell 12% the day after its first quarter results as investors scrutinized the company's valuation and declining sales in its international commercial business, which sells software to businesses abroad, even as its first quarter revenue blew past Wall Street's forecasts. While analysts expect revenue from sales to governments and US businesses to continue soaring in the second quarter, they see sales in its international commercial segment declining slightly to about $147.1 billion from $148 billion last year. Boosting optimism for the future of its revenue from the US government, Palantir announced Thursday that it had inked a deal with the US Army worth up to $10 billion over the next 10 years. Wedbush analyst Dan Ives, a notable Palantir bull, said the deal is 'one of the largest ever DOD [Department of Defense] software contracts in US history.' 'We believe this deal represents an additional tailwind for PLTR with AI initiatives across the US government accelerating with AI a strategic focus on the federal front and Palantir in the sweet spot to benefit from a tidal wave of federal spending on AI,' Ives wrote in a note to investors Friday. Overall, Wall Street remains mixed on Palantir stock, however. Ives is one of 10 analysts who hold a Buy rating on shares, while 16 have a Hold rating, and five recommend selling the stock, according to Bloomberg data. Bears remain concerned that Palantir is overvalued. Palantir stock currently trades at levels 24 times the historical market multiple of the S&P 500 (^GSPC). Shares of Palantir are up more than 105% this year, relative to the S&P 500's 6.3% gain, and the stock has far outperformed the "Magnificent Seven" Big Tech stocks in 2025. 'We cannot rationalize why Palantir is the most expensive name in our software coverage,' RBC Capital Markets analyst Rishi Jaluria wrote in a note to clients Wednesday. 'Absent a substantial beat-and-raise quarter elevating the NT [near term] growth trajectory, valuation seems unsustainable.' A 'beat and raise' refers to a company's earnings surpassing Wall Street's expectations and raising its financial outlook for the upcoming Bratton is a reporter for Yahoo Finance. Follow her on Bluesky @ Email her at
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Figma sheds $11 billion in market value days after blockbuster IPO
By Chibuike Oguh NEW YORK (Reuters) -Shares of Figma slumped 23% on profit taking on Monday, as euphoria over the design software firm waned days after its blockbuster initial public offering. San Francisco, California-based Figma shares had scored a massive 250% gain during their market debut on Thursday when they were priced at $33 but finished at $115.50, giving the company a market capitalization of about $56.3 billion. Figma's market value closed at $59.5 billion on Friday after its shares rose 5.6% to $122. The shares traded as low as $92.75 on Monday, down 23%, reducing its market value to about $45.2 billion. "The excitement for Figma's business is not over, but the euphoria that's gone into its heady stock pricing seems to be deflating as those that wanted an early piece of the action bought in during market hours while some IPO recipients are probably taking sweet profits," said Michael Ashley Schulman, chief investment officer at Running Point Capital in Los Angeles. Founded in 2012 and led by CEO Dylan Field, Figma provides cloud-based collaborative design tools, with a roster of marquee clients including Alphabet, Microsoft, Netflix and Uber. Field owns about 54.2 million Figma shares worth about $5 billion after selling 2.35 million shares in the IPO. As is common in many Silicon Valley startups, Field retains 74.1% voting power over Figma given his holdings of Class B shares. Adobe had abandoned a $20 billion deal to acquire Figma in 2023 following antitrust pushback from regulators in Europe and the UK. "With Figma at a $46 billion market capitalization, Adobe's failed buyout offer must now seem like a distant memory," Schulman added. 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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Historic Winnedumah Hotel in the Eastern Sierra to Reopen September 2025
INDEPENDENCE, Calif., August 04, 2025--(BUSINESS WIRE)--A landmark of the Eastern Sierra, the historic Winnedumah Hotel in Independence, CA, is set to reopen September 2025, marking its 100-year anniversary with a thoughtful restoration that blends past and present. Originally built in 1925 by Walter Dow as a retreat for members of the film industry, the Winnedumah Hotel has hosted Hollywood legends and appeared in classic Western films, and remains the only historic hotel in the region to have retained its architectural integrity. The hotel's repositioning takes inspiration from WPA-era National Park lodges, Shaker simplicity, and Japanese minimalism, reimagined through a rustic California lens, while carefully preserving its historic character and architectural details. The 24-room boutique hotel offers a one-of-a-kind stay at the convergence of the Sierra Nevada mountain range, Mojave Desert, and Great Basin. Winnedumah Hotel is conveniently located along Highway 395 en route to Mammoth Lakes. Its prime location makes it an ideal getaway for travelers exploring Mount Whitney and the breathtaking landscapes of the Eastern Sierra region. The restored Winnedumah Hotel will blend historic charm with thoughtful design details, featuring 21 standard queen rooms and 3 suites. The property features the Grand Lobby with 16-foot ceilings and a native stone fireplace, an outdoor patio with sweeping views of Mount Williamson, a curated retail selection, and a dining room that doubles as a flexible meeting space. Guests will enjoy complimentary coffee and a limited food and beverage program focused on high-quality, local offerings, including grab-and-go healthy snacks, a breakfast granola and coffee bar, and a selection of regional wines, beers, and non-alcoholic spritzes. Honoring its 100-year history, several original furnishings—such as writing desks, luggage racks, chairs and mirrors—have been carefully refinished, preserving the character of the landmark property. While the hotel's footprint remains intimate, its central courtyard opens to stunning views of the Sierra Nevada and the façade looks out toward the dramatic White Mountains. "Our vision for Winnedumah is to create an authentic and immersive experience that honors the hotel's rich history while offering a refined, design-forward stay for today's travelers," said Coty Hastie of Black Walnut Partners. "By thoughtfully weaving historic elements with contemporary design and collaborating with esteemed partners like Suay, In Common With, and DUSK, we're excited to breathe new life into this storied landmark." Visit to learn more. For media inquiries, interviews, or further information, please contact press@ Press assets can be found [here]. Final photography available September 2025. About Black Walnut Partners Black Walnut Partners specializes in acquiring and repositioning historic and unique lodging assets with a compelling story. As a private investment platform, the firm focuses on value-add hospitality projects, overseeing all aspects from investment and development to asset management. View source version on Contacts press@ Sign in to access your portfolio
