China’s ‘Netflix’ iQiyi is set to open a theme park with virtual reality based on its own shows

Key Points

Chinese videostreaming platform iQiyi said Thursday it plans to open its first theme park this year, based on characters from its own shows.
The forthcoming “iQiyi Land” is set to open in the city of Yangzhou in Jiangsu province, just over two hours from Shanghai by high-speed train.
Legoland is opening its first China resort in Shanghai this summer, while Warner Bros. Discovery last month announced it is developing a “Harry Potter Studio Tour” in Shanghai with a projected opening of 2027.

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Finance

Traders believe inflation could near 5% this year

May 12, 2026

Key Points Traders on Kalshi think inflation will likely rise above 4.5% in 2026. A smaller number believe price increases will breach 5%. Those levels are higher than economists’ forecasts, which see inflation peaking at an average of 3.8% in the second quarter. Source

Finance

Greenlight’s David Einhorn pitches five turnaround stocks at Sohn, from AI to infrastructure

May 12, 2026

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Finance

Stocks making the biggest moves midday: Wendy’s, Vestis, Cleanspark, Under Armour & more

May 12, 2026

Check out the companies making the biggest moves midday: Vestis – The uniform and apparel maker surged more than 30% after its fiscal second-quarter results beat expectations. Vestis also raised its fiscal 2026 EBITDA outlook. Zebra Technologies – The automation stock popped 17% on better-than-expected Q1 results. Zebra earned $4.75 per share, excluding certain items, […]