Fangdd Network

0910 | Dolphin Research Focus: 🐬 Macro/Industry 1) The U.S. Treasury expanded long-dated buybacks to $6bn, well below Wall Street’s optimistic ~$10bn. After the department announced Thursday’s buyback size, Treasuries sold off and the 10Y UST yield hit a near three-year high.

0909 | Dolphin Research Focus: 🐬 Macro/Industry. 1) NBS data: Aug. CPI +0.8% YoY, core CPI back to 1.0%. 2) Reports suggest...

Energy and consumer electronics were the main drivers. With pass-through from rising global commodity prices, PPI YoY expanded to 3.8%.

Prices indicate a structural recovery of 'modest consumer recovery and stronger-than-expected industrial rebound'. This supports upstream resources and industrial profits in the near term, but the divergence between imported inflation and soft domestic demand warrants caution, leaving limited room for policy easing.

Below is Dolphin Research Trans for $Duolingo(DUOL.US) FY26Q1 earnings call. For our earnings take, see 'Duolingo: inching forward, Duo's turnaround won't be easy'.

Below is Dolphin Research's Trans of $Duolingo(DUOL.US) FY25 Q4 earnings call. For the earnings analysis, cf. 'Duolingo: Guidance bomb again—has the green bird turned into Dead Duo?'

$Duolingo(DUOL.US) reported Q4 FY2025 results after market close on Feb. 26 (ET), another guidance bomb.