Real Estate Services

World Union Lines released its 2026 interim report. Total operating revenue was 813 million yuan, down 21.37% year-on-year. Net profit attributable to the parent company was negative 34.006 million yuan, a decrease of 21.7763 million yuan compared with the same period last year, with the loss widening. Net cash inflow from operating activities was 10.8497 million yuan, marking a second consecutive year of growth. The company's asset-liability ratio was 31.44%, gross margin was 6.02%, ROE was negative 1.57%, and diluted earnings per share was negative 0.02 yuan. The number of shareholders was 48,700, and the top ten shareholders held 56.85% of total share capital.

World Union released its 2026 interim report, showing a net loss attributable to the parent company of 34.01 million yuan in the first half, widening from a loss of 12.23 million yuan in the same period last year. Operating revenue was 813 million yuan, down 21.4 percent year on year. Net loss attributable to the parent after deducting non-recurring items was 49.12 million yuan, compared with a loss of 46.62 million yuan a year earlier. Net operating cash flow was 10.85 million yuan, up 118.4 percent year on year. In the second quarter, net loss attributable to the parent was 29.97 million yuan, compared with a loss of 1.57 million yuan in the same period last year. The company said its major transaction business achieved operating revenue of 398 million yuan, down 32.54 percent year on year, while its major asset management business achieved operating revenue of 380 million yuan, down 3.07 percent year on year. A significant decline in nationwide new commercial housing sales area and sales value weighed on the performance of the major transaction business.

Zillow has settled claims by the U.S. Federal Trade Commission and five states that it illegally paid Redfin $100 million to stop competing in apartment rental listings. The settlement ends the agreement for Redfin to stop competing, and Redfin agreed to rebuild its rental advertising business within six months. The FTC and states had argued the partnership drove up costs for landlords and decreased listing quality for renters, with an expert estimating Zillow customers paid an average of 14.5% more per listing after Redfin stopped competing. Zillow denied the arrangement was anticompetitive, saying it made more listings available on more sites, while a Redfin spokesperson said the settlement allows the company to maintain its partnership with Zillow through at least 2030 while building its own standalone rentals business.

Zillow Group shares fell nearly 13% in a single day following its second-quarter earnings report. Revenue rose 18% year over year, with mortgage revenue up 75% and rentals revenue up 31%, but traffic to its mobile apps and sites declined 2% and average monthly unique users fell 2% to 239 million. The drop was also driven by news that Alphabet's Google will now display real estate listings in all 50 states, likely impacting Zillow. Management highlighted that consumers using its AI mode spend more than three times as long on the platform and contact agents at nearly three times the rate of non-AI users.

Zillow Group shares fell nearly 13% in a single day in early August after the company reported second-quarter earnings and Alphabet's Google announced it will display real estate listings in all 50 states. Revenue rose 18% year over year, with mortgage revenue up 75% and rentals revenue up 31%, but traffic to Zillow's mobile apps and sites declined 2% and average monthly unique users fell 2% to 239 million. Management highlighted that consumers using AI mode spend more than three times as long on Zillow and contact an agent at nearly three times the rate of non-AI users, and the company recently laid off more than 500 people. The stock is down about 60% over the past year.

Several stocks made significant premarket moves following earnings reports and guidance updates. Peloton Interactive sank nearly 14% after reporting a year-over-year decline in active paying subscribers of 8.8%, despite revenue topping expectations. Moderna rose 4% after the FDA approved its mRNA flu vaccine, mFlusiva, for adults 50 and older. Versant Media jumped 5% after raising its full-year outlook and beating top and bottom lines, now expecting 2026 revenue of $6.2 billion to $6.45 billion and adjusted EBITDA of $1.9 billion to $2.05 billion. Warby Parker shed 7% after second-quarter revenue of $235.5 million missed the LSEG consensus estimate of $238 million, though EBITDA topped expectations and full-year guidance was reaffirmed. IonQ rose 3.9% on better-than-expected second-quarter revenue and full-year revenue guidance of $280 million to $290 million, exceeding the FactSet consensus of $268.6 million. Sandisk slid 10% as first-quarter revenue guidance of $10.3 billion to $10.8 billion appeared to disappoint traders, with the LSEG consensus at $10.47 billion, despite fourth-quarter beats. Figma shed 14% after full-year adjusted operating income guidance of $125 million to $135 million came in soft versus the FactSet consensus of $133.2 million. DoorDash added 4% after quarterly revenue of $4.45 billion beat the LSEG consensus of $4.34 billion. Zillow slid more than 11% after expanding CFO Jeremy Hofmann's role to include COO, while also reporting adjusted EPS of 52 cents beating estimates of 45 cents and revenue of $772 million beating estimates of $758 million, a day after announcing about 500 layoffs. Western Digital slumped more than 15% as current-quarter projections underwhelmed, calling for adjusted earnings of $4 a share on revenue of $4.1 billion, versus consensus of $3.81 a share on $4.04 billion. Salesforce fell almost 5% after naming Miguel Milano as operating chief. Duolingo tumbled 7% after current-quarter revenue guidance of $302 million missed the FactSet consensus of $303.9 million. Bumble fell 5% after posting a second-quarter loss of 84 cents per share versus an expected profit of 25 cents, and issuing third-quarter adjusted EBITDA guidance of $56 million to $60 million below the $68.7 million consensus. AppLovin tanked nearly 20% after third-quarter adjusted EBITDA guidance of $1.71 billion to $1.74 billion missed the StreetAccount consensus of $1.75 billion.

Kahn Swick & Foti, LLC reminds investors that they have until August 10, 2026 to file lead plaintiff applications in a securities class action lawsuit against Zillow Group, Inc. The lawsuit alleges that Zillow and certain executives failed to disclose material information during the Class Period from February 11, 2025 to May 7, 2026, including that its agreement with Redfin was effectively an acquisition rather than a partnership, which materially heightened regulatory and antitrust risks. When the true details emerged, investors allegedly suffered damages. The case is pending in the United States District Court for the Western District of Washington under the caption Breidert v. Zillow Group, Inc., et al., 26-cv-02016.

Rosen Law Firm reminds purchasers of Zillow Group Class A or Class C common stock between February 11, 2025 and May 7, 2026 of the August 10, 2026 lead plaintiff deadline in a securities class action first filed by the firm. The lawsuit alleges that Zillow made materially false and misleading statements regarding its agreement with Redfin Corporation, which was actually an acquisition rather than a partnership, exposing the company to heightened antitrust risk and regulatory scrutiny. Investors who purchased Zillow stock during the class period may be entitled to compensation through a contingency fee arrangement. To join the class action or seek lead plaintiff status, investors must contact the firm before the deadline.

Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed against Zillow Group, Inc. and that the lead plaintiff deadline is August 10, 2026. The lawsuit, filed in the United States District Court for the Western District of Washington, covers purchasers of Zillow Class A or Class C common stock between February 11, 2025 and May 7, 2026. The complaint alleges that defendants made false and misleading statements regarding Zillow's agreement with Redfin Corporation, which was actually an acquisition rather than a partnership, thereby exposing Zillow to heightened antitrust regulatory risk and downplaying legal exposure. Investors who suffered losses are encouraged to contact the firm's partners, Brandon Walker or Melissa Fortunato, at (212) 355-4648 to discuss their legal rights.

Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against Zillow Group, Inc. and certain officers, alleging violations of federal securities laws. The suit covers investors who purchased or acquired Zillow securities between February 11, 2025 and May 7, 2026. The complaint claims that Zillow misrepresented its agreement with Redfin Corporation as a partnership rather than an acquisition, which heightened antitrust regulatory risk, and that the company downplayed its legal exposure after an antitrust lawsuit was filed. Investors have until August 10, 2026 to seek lead plaintiff appointment. The law firm is handling the case on a contingency fee basis.

Out of 18 financial names that reported earnings this week, most posted beats on FFO, EPS, and revenue. Public Storage, Regency Centers, and VICI Properties missed on FFO, while CoStar Group and Mid-America Apartment missed on revenue. American Tower posted stronger-than-expected Q2 earnings and revenue, fueled by robust leasing demand, and boosted 2026 guidance. VICI Properties' second-quarter earnings and updated full-year 2026 guidance failed to impress investors, with AFFO per share of $0.62 in line with consensus and revenue of $1.06 billion exceeding estimates. Essex Property Trust reported FFO of $4.08, beating expectations by $0.04, and received an upgrade to Market Outperform from Citizens.

Rosen Law Firm reminds purchasers of Zillow Group Class A or Class C common stock between February 11, 2025 and May 7, 2026 of the August 10, 2026 lead plaintiff deadline in a securities class action first filed by the firm. The lawsuit alleges that Zillow made materially false and misleading statements regarding its agreement with Redfin Corporation, which was actually an acquisition rather than a partnership, exposing Zillow to heightened antitrust risk and regulatory scrutiny. Investors with losses exceeding $100,000 are encouraged to secure counsel before the deadline. Rosen Law Firm highlights its track record, including the largest securities class action settlement against a Chinese company and over $438 million recovered for investors in 2019.

Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed against Zillow Group, Inc. and that the lead plaintiff deadline is August 10, 2026. The lawsuit, filed in the United States District Court for the Western District of Washington, covers purchasers of Zillow Class A or Class C common stock between February 11, 2025 and May 7, 2026. The complaint alleges that defendants made false or misleading statements regarding Zillow's agreement with Redfin Corporation, which was actually an acquisition rather than a partnership, thereby exposing Zillow to heightened antitrust risk and regulatory scrutiny. Investors who suffered losses are encouraged to contact the firm's partners, Brandon Walker or Melissa Fortunato, at (212) 355-4648 to discuss their legal rights.

ClaimsFiler reminds Zillow Group investors that they have until August 10, 2026 to file lead plaintiff applications in a securities class action lawsuit. The lawsuit, pending in the United States District Court for the Western District of Washington, covers purchasers of Zillow Class A or Class C common stock between February 11, 2025 and May 7, 2026. Zillow and certain executives are accused of failing to disclose that its agreement with Redfin was an acquisition rather than a partnership, which heightened antitrust risk and led to materially false and misleading statements. The case is Breidert v. Zillow Group, Inc., et al., Case No. 26-cv-02016.

A securities fraud class action has been filed against Zillow Group and certain senior executives, with a lead plaintiff deadline of August 10, 2026. The lawsuit, pending in the U.S. District Court for the Western District of Washington, alleges that Zillow made a $100 million payment to Redfin under an agreement that the FTC later called an unlawful end run around competition, causing Zillow’s Class C shares to drop 16.54% and Class A shares to drop 17.13% on February 11, 2026. Earlier, the FTC’s September 2025 complaint triggered declines of 4.33% and 4.5% respectively, and a May 2026 Reuters report on a court ruling led to further drops of 1.9% and 1.76%. Investors who lost money are encouraged to contact Bleichmar Fonti & Auld LLP before the deadline to seek lead plaintiff appointment.

Kahn Swick & Foti, LLC reminds investors that a securities class action lawsuit has been filed against Zillow Group, Inc. for alleged violations of federal securities laws. The lawsuit claims that Zillow and certain executives failed to disclose that its agreement with Redfin was effectively an acquisition, not a partnership, which materially heightened regulatory and antitrust risks. Investors who purchased Zillow Class A or Class C common stock between February 11, 2025 and May 7, 2026 have until August 10, 2026 to file lead plaintiff applications. The case is pending in the United States District Court for the Western District of Washington under the caption Breidert v. Zillow Group, Inc., et al., 26-cv-02016.

Ten stocks in the S&P 500 lost more than 40% in 2026 even as the index rose 8.28%, as investors fled companies they believed artificial intelligence would disrupt. Intuit fell 55.27% after cheap AI tax tools emerged, prompting Goldman Sachs analyst Gabriela Borges to cut her price target to $276 from $519 and the company to reduce staff by 17% and lower its TurboTax forecast. Accenture dropped 45.21% as clients shifted spending to AI instead of consultants, with new orders slipping to $19.3 billion from $19.7 billion and the firm cutting its sales growth outlook to between 3% and 4%. Cognizant, Gartner, and The Trade Desk each lost between 44% and 55%, while the two worst performers fell for non-AI reasons: CoStar Group sank 58.86% after saying its Homes.com site would not cover costs until 2029, and Boston Scientific declined 53.59% after cutting its sales growth forecast and recalling Accolade pacemakers linked to four deaths and 2,557 serious injuries. Meanwhile, chip and memory makers surged, with Sandisk up 505.17%, Dell Technologies up 247.55%, and Micron Technology up 222.68%.

Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against Zillow Group and certain officers, alleging violations of federal securities laws. The suit covers investors who purchased or acquired Zillow securities between February 11, 2025 and May 7, 2026. The complaint claims that defendants misrepresented the nature of Zillow's agreement with Redfin Corporation, which was actually an acquisition rather than a partnership, and failed to disclose heightened antitrust risk and legal exposure. Investors have until August 10, 2026 to seek lead plaintiff appointment. The law firm is handling the case on a contingency fee basis.

Rosen Law Firm reminds purchasers of Zillow Group Class A or Class C common stock between February 11, 2025 and May 7, 2026 of the August 10, 2026 lead plaintiff deadline in a securities class action first filed by the firm. The lawsuit alleges that defendants made materially false and misleading statements and failed to disclose that Zillow’s agreement with Redfin Corporation was an acquisition rather than a partnership, exposing Zillow to heightened antitrust risk and regulatory scrutiny, and that Zillow downplayed its legal exposure after an antitrust lawsuit was filed. Investors who purchased Zillow stock during the class period may be entitled to compensation through a contingency fee arrangement without out-of-pocket costs. To serve as lead plaintiff, a motion must be filed with the court no later than August 10, 2026.

A class action lawsuit has been filed against Zillow Group and certain senior executives for securities fraud related to an allegedly anticompetitive agreement with Redfin. The suit, brought by Bleichmar Fonti & Auld LLP, claims Zillow misrepresented a $100 million payment to Redfin as a partnership when it was actually meant to eliminate competition. The FTC filed its own antitrust complaint on September 30, 2025, causing Zillow's Class C and Class A shares to drop 4.33% and 4.5%, respectively. Further declines followed on February 10, 2026, after the CFO warned of higher legal expenses, with Class C shares falling 16.54% and Class A shares falling 17.13%. Investors have until August 10, 2026 to seek lead plaintiff appointment in the case pending in the U.S. District Court for the Western District of Washington.

ClaimsFiler reminds Zillow Group investors that the deadline to file lead plaintiff applications in a securities class action lawsuit is August 10, 2026. The lawsuit covers purchasers of Zillow Class A or Class C common stock between February 11, 2025 and May 7, 2026. Zillow and certain executives are accused of failing to disclose that its agreement with Redfin was an acquisition rather than a partnership, which heightened antitrust risk and led to materially false and misleading statements. The case is Breidert v. Zillow Group, Inc., et al., pending in the United States District Court for the Western District of Washington.

Real Messenger Corporation has received a Nasdaq notification letter stating it is not in compliance with the minimum closing bid price of $1 per share, as its class A ordinary shares traded below that threshold for 30 consecutive business days from June 8, 2026 to July 21, 2026. The notice does not result in immediate delisting and has no current effect on the listing or trading of the shares on the Nasdaq Capital Market. The company has 180 calendar days, until January 19, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days. If it fails to do so, it may be eligible for an additional 180-day compliance period provided it meets certain continued listing requirements and notifies Nasdaq of its intention to cure the deficiency, potentially through a reverse stock split. Real Messenger is monitoring its share price and evaluating options, but there is no assurance it will timely regain or maintain compliance.

Bronstein, Gewirtz & Grossman has filed a class action lawsuit against Zillow Group and certain officers, alleging violations of federal securities laws. The suit covers investors who purchased or acquired Zillow securities between February 11, 2025 and May 7, 2026. The complaint claims that defendants misrepresented Zillow's agreement with Redfin Corporation as a partnership rather than an acquisition, which heightened antitrust risk and legal exposure. Investors have until August 10, 2026 to seek lead plaintiff appointment. The firm represents investors on a contingency fee basis.

Kahn Swick & Foti, LLC reminds investors that a securities class action lawsuit has been filed against Zillow Group, Inc. over alleged false and misleading statements related to its agreement with Redfin and associated antitrust risks. The lawsuit, pending in the United States District Court for the Western District of Washington, covers purchasers of Zillow Class A or Class C common stock between February 11, 2025 and May 7, 2026. The complaint alleges that Zillow and certain executives failed to disclose that the Redfin agreement was effectively an acquisition, not a partnership, and that it materially heightened regulatory scrutiny and antitrust liability. Investors have until August 10, 2026 to file lead plaintiff applications.

The Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of BitGo Holdings, Via Transportation, Zillow Group, and ADMA Biologics, with lead plaintiff deadlines approaching in August 2026. For BitGo Holdings, the complaint alleges that defendants understated the risk of declining digital asset prices on the company's business and financial performance, with a lead plaintiff deadline of August 7, 2026. Via Transportation faces allegations that its annual recurring revenue per customer was declining and regulatory issues in Germany would hinder its expansion strategy, with a deadline of August 10, 2026. The Zillow Group suit claims the company mischaracterized its acquisition of Redfin as a partnership, exposing it to heightened antitrust scrutiny, also with an August 10 deadline. ADMA Biologics is accused of engaging in an undisclosed related party transaction and channel stuffing to inflate revenue, with the same August 10 deadline.