News

According to Foresight News, GMGN market data shows that FUN's market capitalization has rebounded above 60 million US dollars, now reported at 61.36 million US dollars, with a 24-hour increase of 22.96%.

Glonghui May 25｜JPMorgan has added Dick's Sporting Goods to its positive catalyst watch list ahead of the company's announcement of its Q1 2026 financial results and has raised its same-store sales and earnings per share forecasts to above Wall Street consensus levels. The bank raised its core same-store sales forecast for Dick's Sporting Goods from 3.4% to 4.8%, while also raising Foot Locker's same-store sales forecast from -1.4% to 1%. In addition, JPMorgan's latest forecast for Dick's Sporting Goods' Q1 earnings per share is $3.24, up from the previous estimate of $2.90 and above the consensus of $2.87.

Golden Ten Data reported on May 25 that a senior member of the Indonesian parliament stated on Monday that the parliament is about to begin deliberating revisions to the national fiscal law, but the focus will not be on amending the fiscal deficit ceiling rules. Due to President Prabowo Subianto's large-scale spending plans, investors are closely watching Indonesia's fiscal sustainability, especially whether relevant rules will be changed. The current regulations stipulate that the annual budget deficit must not exceed 3% of GDP, and public debt must not exceed 60%. Fitch Ratings, one of the two rating agencies that downgraded Indonesia's credit rating outlook this year, said that potential changes to fiscal and debt ceiling rules in Indonesia’s national fiscal law were a factor in its adjustment of the outlook. Muhammad Misbakun, chairman of the Indonesian parliament’s Finance Committee, stated that lawmakers would soon begin drafting a comprehensive bill to revise several existing financial laws at once to accommodate the establishment of the new sovereign wealth fund, Danantara. When asked whether fiscal rules might be adjusted, he told reporters, "We haven’t reached that stage yet."