According to Odaily Planet Daily, Pop Mart previously disclosed a major change in shareholder equity, with renowned investor Duan Yongping and H&H International Investment, LLC simultaneously increasing their holdings in the company, becoming the second-largest shareholder and triggering mandatory disclosure requirements. Duan Yongping's purchase of Pop Mart shares is most easily interpreted by outsiders as a bet on Labubu. However, judging from his recent public statements, he seems to truly value Wang Ning and his team's IP operation capabilities. When a netizen asked Duan Yongping in an investor community for his evaluation of Wang Ning, Duan Yongping responded that Wang Ning's understanding and pursuit of his products are "on par" with Jobs, at least in the future; Wang Ning's understanding of business "seems to be slightly stronger than Jobs." Data from Pop Mart's official WeChat account shows that during the reporting period, Labubu joined the 10 billion yuan club, and six other IPs exceeded 2 billion yuan in revenue. Meanwhile, top IPs such as SKULLPANDA, CRYBABY, MOLLY, and DIMOO are also increasing their sales, forming a complete tiered structure. Pop Mart's growth continued in the first quarter of 2026. According to its preliminary first-quarter results, Pop Mart's revenue increased by 75%-80% year-on-year. Regionally, revenue in the Chinese market increased by 100%-105% year-on-year; among which, offline channels saw a 75%-80% increase, while online channels saw a 150%-155% increase. (ifeng)

According to Odaily Planet Daily, BNB has broken through 680 USDT and is currently trading at 681.7 USDT, with a 24-hour increase of 7.9%.

Huoxun Finance reports that billionaire investor and founder of hedge fund Third Point, Dan Loeb, stated in a podcast that current market concerns about an AI "bubble" are severely exaggerated, and the AI industry's development stage is completely different from the dot-com bubble. He pointed out that tech giants such as Alphabet, Microsoft, Amazon, and Meta have already spent over $700 billion in capital expenditures this year, and this figure may reach $1 trillion next year, with the vast majority going towards AI infrastructure construction. These companies have strong profitability and ample cash flow, allowing them to support their investments with their own balance sheets, rather than "burning money." Loeb emphasized that this is different from the "valuation detached from fundamentals" phenomenon during the dot-com bubble and does not constitute a traditional valuation bubble. He also mentioned that AI companies like Anthropic are experiencing rapid revenue growth and accelerated application deployment, indicating that the industry is still in its early expansion phase. Anthropic's latest funding round valued it at nearly $965 billion, with annualized revenue jumping from $14 billion to $47 billion, reinforcing market confidence in the commercial potential of AI. However, some investors, including Michael Burry, remain concerned about overheated AI valuations, believing that huge investments may not yield corresponding returns. Loeb, however, stated that AI development is still in the early stages of long-term growth.

According to Huoxun Finance, Coinglass data shows that if Bitcoin falls below $70,126, the cumulative liquidation intensity of long positions on major CEXs will reach $1.207 billion; if Bitcoin breaks through $77,270, the cumulative liquidation intensity of short positions on major CEXs will reach $1.192 billion.

According to Coinglass data, if ETH falls below $1921, the cumulative liquidation intensity of long positions on major CEXs will reach $781 million; if ETH breaks through $2121, the cumulative liquidation intensity of short positions on major CEXs will reach $720 million.