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12:11
According to the latest filing submitted to the U.S. Securities and Exchange Commission (SEC), Virtus Investment Partners Inc announced it will adjust the accounting method for its Non-GAAP financial metrics starting from the first quarter of 2026.
The core change in this revision is that, in the future, when calculating non-GAAP metrics, the company will officially include tax incentive-related income within its scope of consideration. This adjustment is expected to enable Weides Investment to more comprehensively reflect the company's actual operating performance when disclosing key financial data such as adjusted net profit. By integrating the financial impact of tax benefits, investors will gain a basis for more comparable and transparent performance assessment. This measure demonstrates the company's commitment to enhancing the clarity of financial reporting and also aligns with the recent requirements from regulatory authorities regarding the standardization of non-GAAP metric disclosures. The revised measurement standards will be formally implemented from the first quarter financial report next year, providing a more accurate data foundation for market analysis.
12:10
Bitget IPO Prime’s first project, preSPAX, will open for spot trading at 20:00 on April 21
Foresight News reports that, to optimize trading experience and liquidity, the Bitget IPO Prime's first project, preSPAX, will have its market type adjusted from "OTC trading" to "spot trading". Trading will open at 20:00 on April 21 (UTC+8), and the instant swap function will be available 10 minutes after trading begins. For more details, please refer to the official Bitget platform.
12:06
US Senator Warren urges postponement of Federal Reserve Chair nomination hearing
Foresight News reports, according to POLITICO, that U.S. Senator Elizabeth Warren, after meeting with Trump's nominee for Federal Reserve Chair, Kevin Warsh, has requested to postpone the nomination hearing originally scheduled for next Tuesday. Warren pointed out that Warsh failed to disclose specific details of at least 100 million dollars in investments in his financial disclosure, only reporting holdings in two Juggernaut Fund investments of no less than 50 million dollars each, and citing existing confidentiality agreements for not disclosing underlying assets, promising only to sell the related assets upon confirmation. Warren stated that this arrangement is insufficient to assess his potential conflicts of interest, and the nomination process should proceed only after additional disclosure of his financial situation.
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