Markets
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Consensus Cloud Solutions Announces Q2 2025 Results, Reaffirms Revenue & Adjusted EBITDA Guidance, and Raises Adjusted EPS Guidance
Consensus Cloud Solutions (CCSI) reported Q2 2025 results with revenue up 0.3% to $87.7 million, driven by 6.9% growth in its Corporate business. Net income was $20.8 million, with a 23.7% margin, while adjusted EBITDA reached $48.1 million (54.8% margin). Adjusted diluted EPS increased 2.1% to $1.46. The company generated $28.3 million in net cash from operating activities and $20.3 million in free cash flow. They also secured a $225 million credit facility and continued debt/stock repurchase programs with $57.9 million cash on hand.
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OpenAI Unveils GPT-5, Available to All: More Human-Like Expertise
OpenAI has launched GPT-5, touted as a significant upgrade with expert-level performance in programming, mathematics, writing, healthcare, and visual perception. GPT-5 features an intelligent model, a deep reasoning engine, and a real-time router. Free and paid users will get access, with subscribers enjoying higher usage. GPT-5 demonstrates improvements in response time, accuracy, instruction following, and reduced hallucination. It excels in programming, creative writing, and healthcare. GPT-5 Pro surpasses o3-Pro for complex tasks, achieving state-of-the-art results in GPQA.
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IBC Reports Strong Earnings for First Half of 2025
International Bancshares Corporation (IBOC) reported strong Q2 2025 results, with net income reaching $100.1 million ($1.61 diluted EPS), a 3.2% increase year-over-year. First-half net income rose to $197.0 million ($3.16 diluted EPS), up 1.4% from 2024. The growth was attributed to higher interest income from expanded investment and loan portfolios, driven by the elevated interest rate environment, and a decrease in the provision for credit loss expense. As of June 30, 2025, total assets were $16.5 billion and total net loans reached $9.0 billion.
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Rain Enhancement Technologies Appoints Scott Morris as Senior Technical Advisor
Rain Enhancement Technologies (RAIN) has appointed Scott Morris as Senior Technical Advisor to advance its Weather Enhancement Technology Array (WETA) platform. Morris, with 20+ years of experience, previously contributed to RET’s array designs and trials in Oman and Australia. The WETA platform has shown a 16% average rainfall increase in third-party trials. This appointment comes as RET prepares for two pilot installations before year-end, addressing global water scarcity, where demand is projected to exceed supply by 40% by 2030.
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Rider Permanently Banned for Repeated Hoaxes! Meituan: Popular Sob Stories Often Scripted
Viral videos of individuals in Meituan uniforms alleging food safety issues have sparked controversy. Meituan responded, stating these “misery selling” videos are often fabricated and scripted. Investigations revealed accounts posting false claims about fines and negative reviews. These accounts, with low delivery completion rates, use similar tactics to gain traffic and sell courses privately. Meituan has banned the accounts, reported them to authorities, and cautions viewers about the videos’ authenticity. They’ve assisted in investigating over 30 cases in 2024.
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Nordicus Partners Welcomes Three New Board Members
Nordicus Partners (OTCQB: NORD) expanded its Board of Directors from three to five members. Henrik Keller resigned, and Torben Jensen, Kim T. Mücke, and Andrew J. Ritter were appointed. These appointments align with Nordicus’s strategy to acquire majority stakes in Nordic and U.S. life sciences companies. The new directors bring expertise in funding, accounting, and strategic relationships, supporting Nordicus’s goal to bridge Nordic innovation with the U.S. market.
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Lenovo moto Celebrates Qixi with Dazzling Diamond Night: Zhang Yuxi Experiences the razr 60 Jewelry Flip Phone
Lenovo Moto unveiled the razr 60 Ice Diamond Limited Edition, a jewelry-inspired foldable phone, at its “Dazzling Attraction” event. The limited edition bundle, promoted by Zhang Yuxi, includes diamond-encrusted razr 60, Ice Diamond Buds Clip, and accessories. Featuring a unique ice-melt blue color and 3D diamond pattern with 34 crystals, it boasts a 50MP camera, 3.6-inch external display, and AI assistant. The Buds Clip mirror the phone’s design and offer Bose-tuned audio.
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Cizzle Brands Appoints Ndamukong Suh to Board of Directors
11:50 AM
Unveiling the Future of AI: A Comprehensive Overview
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Bare-Chested, Tattooed Man Berates Female Driver After Road Rage Incident: Official Statement Released
A driver, Wang Mouxin, was detained in Shanxi Province, China, after a video of a road rage incident went viral. The incident occurred when Wang, driving a newly purchased Audi with a temporary license plate, forcibly overtook a Mercedes. He then allegedly threw a betel nut at the Mercedes, verbally abused the driver, and pounded on the car windows. Police detained Wang for disorderly conduct and also issued penalties for improper license plate display and illegal overtaking, including a fine, points deduction, and a warning.
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WeChat Warns of Increased Account Hacking: Multiple Users Affected
WeChat has issued a security alert regarding a surge in account hijackings targeting Official Account users. Attackers are reportedly compromising corporate registration information, including legal representative details, to gain unauthorized account access. WeChat has suspended the “account recovery via legal representative information” feature for vulnerable accounts and is notifying users of potential compromises. Users are advised to monitor their corporate registrations and report suspicious activity to local authorities. WeChat is committed to enhancing risk management and collaborating with authorities to combat these threats.