世

[🦅 Eyes & Talon @IAMessential316]

$BB was due to bang bang

[QNX News @QNX_News]

Innovation starts with access. 🚀
Through QNX Everywhere, we're helping students, developers, and innovators access the tools, resources, and opportunities they need to build what's next.
💡See how Sal Trupiano's passion for mentoring through FIRST Robotics brings that mission to life: https://t.co/Gw9C5nhFRW

[世 @LHuang86286]

https://t.co/ZUPZk9Wr9m while the wording "elevated cost" does not boost any confidence, however the hedging program is a very smart move especially the termination timing. Who knows when the next grandest financial bubble is going to burst. Hope production+ Q3 offsets the cost

[Tuya Smart @tuyasmart]

Say hello to Doova, a new-generation AI home companion #robot from Tuya Smart, debuting at @IFA_Berlin.

Created for seniors living alone, Doova is designed to support safety, companionship and smarter living at home. Powered by Tuya's AI+IoT strength, it opens new possibilities for smarter elder care.

Messe Berlin | H1.2-169 | September 4–8

$TUYA #IFA2026 #IFABerlin #Tuya #physicalAI #smartliving

[Dr_Silberschmelzer @silberschmelzer]

$BB has 364 institutional owners and shareholders who have filed 13D/G or 13F forms with the SEC. These institutions hold a total of 341M shares. Largest shareholders include Legal & General Group, Voya Investment, T. Rowe Price Investment, First Trust Advisors, Vanguard Capital.

[Tuya Smart @tuyasmart]

Registered AI developers were over 2,092,000 as of June 30, 2026, up 16.2% from the end of 2025. Renowned global brands have joined the Works with Tuya ecosystem. Multiple companion products powered by Tuya’s AI solutions delivered strong performance during the 618 shopping festival.

[Tuya Smart @tuyasmart]

Tuya’s total revenue for 2Q26 was US$92.9 million, up approximately 16.0% YoY; PaaS revenue was US$67.9 million, up approximately 16.9% YoY. Smart home & robot product revenue was US$13.5 million.

[Emmanuel – Big Tech & AI Investor @EmmanuelInvest]

🚨 $TUYA (Tuya) Q2 2026 Earnings
Solid 16% growth…
net profit jumps 48% with expanding operating margins 👀

📊 KEY METRICS (Q2 2026)
🔹 Total Revenue: US$92.9M (+16.0% YoY) 🟢
🔹 PaaS Revenue: US$67.9M (+16.9% YoY) 🟢
🔹 AI Application & Others: US$11.5M (+3.9% YoY)
🔹 Smart Home & Robot Products: US$13.5M (+23.2% YoY) 🟢
🔹 Gross Margin: 46.3% (−2.1 pp) 🟡
🔹 Operating Margin: 10.0% (up from 1.4%) 🟢
🔹 Net Profit: US$18.6M (+48.0% YoY) | Net Margin 20.1% 🟢
🔹 Cash + Time Deposits + Treasuries: US$976.1M 🟢
🔹 Operating Cash Flow: US$6.2M

👉 Core takeaway:
Steady top-line growth with sharp improvement in profitability and operating leverage

📈 GROWTH ENGINE (CORE STORY)
🟢 PaaS remains the core engine (+16.9%)
🟢 Smart home & robot products accelerating (+23.2%)
🟢 Premium PaaS customers reached 318 (contributing 89.5% of PaaS revenue)
🟢 Registered AI developers exceeded 2.09 million

👉 This is:
IoT PaaS platform + expanding AI and hardware ecosystem

⚡ WHAT’S HAPPENING?
• Revenue growing across all major segments
• Operating margin expanded significantly to 10%
• Net profit up nearly 50%
• Gross margin modestly lower
• Very strong cash reserves maintained

👉 This is:
profitable growth phase with high liquidity

🧠 WHAT’S ACTUALLY WORKING
🟢 16% total revenue growth
🟢 PaaS and smart home/robot segments both solid
🟢 Operating margin to 10.0%
🟢 Net profit +48% and healthy 20.1% net margin
🟢 High-quality premium customer concentration
🟢 Large and growing AI developer base
🟢 Fortress balance sheet (~$976M cash & equivalents)

⚠️ WEAK SPOTS
🔻 Gross margin compressed by 2.1 percentage points
🔻 Non-GAAP net profit slightly down (US$18.9M vs US$20.1M)
🔻 Operating cash flow declined to US$6.2M from US$18.2M

👉 Still:
overall earnings quality and profitability improved

🧠 MARKET SIGNAL
👉 This is a leading IoT / AI PaaS and smart-home platform
• Recurring PaaS revenue driving stability
• Hardware and AI applications adding growth layers
• Exceptional cash position supports flexibility

🔥 BULL vs BEAR
🟢 Bull Case
• PaaS growth sustains mid-teens or better
• Smart home & robot segment continues accelerating
• Operating margins expand further
• Large cash pile enables returns or strategic investments

🔴 Bear Case
• Gross margin pressure persists
• Operating cash flow remains soft
• Competition in IoT/AI platforms intensifies
• Growth decelerates from current levels

💭 CONCLUSION
$TUYA delivered solid 16% revenue growth and a 48% rise in net profit…
👉 while meaningfully expanding operating margins and maintaining a very strong cash position

👀 KEY QUESTION
Can Tuya sustain mid-teens revenue growth while further improving operating margins and converting more profit into stronger operating cash flow?

[Tuya Smart @tuyasmart]

“We will continue to increase the contribution of high-value-added products and strengthen their integration with software and value-added services,” said Alex Yang, Co-Founder, Board Director and CFO of $TUYA, on the call.

[singapore282828 @singapore282828]

$TUYA revenue jumps 16% to $92.9M in Q2, blasting past the $87.83M Street estimate as PaaS sales climb 16.9% and smart-home product revenue jumps over 23%.

[JP Invests @JP_Invests]

🟡 $TUYA holds $1.017 billion of cash, deposits and treasuries. The entire company is worth about $1.09 billion. You are paying roughly seventy million dollars for an IoT platform doing $80 million a quarter.

📅 Earnings: Monday Aug 24, after close
💰 EPS consensus: $0.03 per ADS
📊 Revenue consensus: no figure I could verify. Tuya reports in US dollars, not RMB, which trips up a lot of write-ups
📊 Company guidance: none exists. Tuya has issued no forward guidance in any recent quarter
📉 Last 4 earnings moves: −4.1%, +0.4%, +8.9%, +1.5%

That discount exists because the operating line stopped improving. Non-GAAP net income was $16.4 million last quarter against $19.3 million a year earlier. Gross margin slipped to 46.9% from 48.5%, which management attributed to mix and chip supply.

🐂 IoT PaaS revenue grew 9.8% to $59.0 million and the AI applications line grew 16.9%. The company declared a $0.054 per ADS dividend alongside last year's second quarter, about $33 million, which works out near a 6.8% yield at today's price.

🐻 Smart device revenue fell 6.9%. Premium IoT PaaS customers number 306 and account for 89.3% of PaaS revenue, so the customer base is narrow and getting narrower. And a company trading at 93% of its own cash is telling you the market assigns almost no value to the business generating it.

Gross margin against 48% is the first thing to check, with whether the dividend gets declared again the second. Margin recovering above 48% with a repeat declaration and the cash starts coming back to holders rather than sitting there. Margin under 46% with no dividend, and the discount to cash is the correct price rather than an opportunity.

$TUYA

[QNX News @QNX_News]

Modern medical devices are more connected and more complex than ever.
From concept to end-of-life, discover how QNX and @RaimaDB help enable secure, high-performance healthcare systems. Daniel Lodu breaks down the benefits of a full lifecycle approach in the article below.
🔗https://t.co/jAWoV7ZmIx

[世 @LHuang86286]

$tuya imo cup&handle; $bb will continue to accumulate imo next earning will surpass target again #QnX

[美股OK哥 @artinmemes]

下周美股8.24财报周，英伟达来了！一堆半导体+半导体+大中概，还有PCE和全球央行会议，必然有大波动

我的重点关注如下：

周一（8月24日）

盘前

$XPEV 小鹏汽车（国内智能电动车厂商）
$PDD 拼多多（国内电商平台龙头）

盘后

$TUYA 涂鸦智能（物联网云平台服务商）

周二（8月25日）

盘前

$VIP 唯品会（品牌折扣电商）
$BZ BOSS直聘（国内互联网招聘龙头）
$EH 亿航智能（载人自动驾驶飞行器企业）

盘后

$INTU Intuit财捷（美国财税软件龙头）
$ZM Zoom（视频通讯SaaS厂商）
$JOYY 欢聚（海外直播社交平台）

周三（8月26日）

盘前

$KSS 科尔士百货（美国线下连锁百货）
$LI 理想汽车（国内智能电动车厂商）
$HDL 海底捞（中式连锁餐饮龙头）

盘后

$NVDA 英伟达（全球AI芯片龙头）
$CRM Salesforce（全球��部CRM软件厂商）
$CRWD CrowdStrike（云原生网络安全龙头）
$OKTA Okta（身份认证SaaS服务商）
$SNPS 新思科技（半导体EDA软件龙头）
$A 安捷伦（科学仪器、生命科学设备厂商）
$VEEV Veeva（生命科学行业云软件厂商）
$NTNX Nutanix（超融合云基础设施厂商）

周四（8月27日）

盘前

$BBY 百思买（北美最大消费电子零售商）
$DG Dollar General（美国平价折扣零售龙头）
$DLTR Dollar Tree（一元店连锁零售商）
$HRL 荷美尔食品（美国肉制品加工龙头）

盘后

$MRVL 迈威尔科技（数据中心、通信芯片厂商）
$ADSK 欧特克（工业、建筑设计软件龙头）
$AFRM Affirm（北美先买后付消费金融平台）
$ULTA Ulta美妆（美国美妆连锁零售商）
$WDAY Workday（企业人力资源云软件厂商）
$S SentinelOne（AI驱动网络安全厂商）
$RBRK Rubrik（企业数据安全备份厂商）
$ESTC Elastic（搜索与可观��性开源软件厂商）
$GAP Gap（美式休闲服饰连锁品牌）

周五（8月28日）

盘前

$CHA 霸王茶姬（新式茶饮连锁品牌）
$MINISO 名创优品（马斯克妈妈刚逛过的平价日用消费品连锁）

你准备call哪只？

本条由 @bitget_zh 赞助，「Bitget 买美股：秒级入场，丝滑交易 」

[世 @LHuang86286]

$bb well well snatched another batch, be it a falling knife. Betting on its next earning

[Oscar Fletcher @Fletcher_Os]

$BB This is HUGE coming from Mercedes Benz Engineer....

QNX Security Policy Usage:

1. A process (subject) makes a request (IPC, open, connect, ability use, etc.).

2. The QNX Security Policy Engine (secpol) intercepts the request and identifies the process type and requested operation.

3. The request is checked against the loaded security policy rules.

3a. If ALLOWED, the request is forwarded to the target resource/service and completes successfully.

3b. If DENIED, the request is blocked and an error is returned to the process.

4. All policy decisions are logged for audit and debugging.

$BB.TSX

[世 @LHuang86286]

$BB if RSI drops below 30 today I will jump on it like a bee on a 🌼. Earning release in about a month away. I shall take a bet

[Je Suis Blackberry @sanityninsanity]

$bb $BB
@QNX_News
@JensenHuang of $nvda on physical AI. And QNX is a crucial layer.
Make your own conclusions on where $bb is headed.

https://t.co/0CSnwNQ7nL

[🦅 Eyes & Talon @IAMessential316]

$BB This is arguably the most important forward-looking metric in the whole BlackBerry story: the QNX royalty backlog, which represents estimated future royalty revenue already locked in from signed automotive design wins, has grown from $490M to $950M over five fiscal years, essentially doubling.

And it’s only one of several projects and key growth factors that will help drive up the company value and global competitiveness and integration with more advanced technologies in robotics, healthcare, and more.

Why this matters for the bull case:

•It’s a leading indicator, not a lagging one. Backlog reflects design wins that haven’t fully converted to revenue yet, since there’s typically a 2-3 year lag between a design win and when a vehicle actually ships and starts generating royalties. A growing backlog today points to accelerating royalty revenue over the next several years, largely independent of near-term auto production swings.
•The backlog is now more than double QNX’s annual royalty recognition rate, meaning there’s a multi-year runway of already-secured revenue still working its way into the P&L.
•Growth has been remarkably consistent, adding new backlog every single year even through a rough industry stretch (FY25’s +6% came during a period of broader automotive software development delays industry-wide).
•The next leg of growth is barely reflected yet: management has flagged major upcoming design wins like BMW’s entire Neue Klasse platform and testing with Mercedes-Benz, plus expansion into physical AI and robotics, none of which show up meaningfully in this $950M figure yet.

The overall picture: this is the clearest “show me the future” chart in BlackBerry’s numbers, it’s a business that’s been steadily banking future revenue commitments year after year, with several major catalysts still ahead of it that haven’t fully hit the backlog yet.

Alloy Kore is the part of this chart that isn’t in the numbers yet. Launched at CES in January 2026 as a joint platform with Vector, Alloy Kore pushes QNX up the software stack from a base operating system into full middleware, the layer automakers actually pay much more for. Management has called this an “underappreciated” opportunity, and on the Q4 FY26 call they noted that average selling price potential for middleware deals could be “many multiples” of what QNX earns from the core OS alone.

Here’s the key point: Mercedes-Benz is actively evaluating Alloy Kore, but no design win has been announced yet. That means none of this shows up in the $950M royalty backlog charted above. The backlog reflects only signed, committed design wins, so if Alloy Kore converts even one major OEM like Mercedes into a middleware deal, it would represent entirely new backlog on top of the QNX growth already priced in, not a replacement for it. The certified release is targeted for late 2026, so any commercial traction here is still ahead rather than behind the company.

That’s really the crux of the bull case: the backlog chart already shows a business compounding on its own, and Alloy Kore is a call option on top of it that current numbers don’t reflect at all.

[Gaukarl @Greenzy15]

Daily reminder: $BB Blackberry is a triple digits stock!