Why LexinFintech Shares Are Trading Higher By Over 15%; Here Are 20 Stocks Moving Premarket - Cullinan Therapeutics (NASDAQ:CGEM), Ambow Education Holding (AMEX:AMBO)

LexinFintech (LX) reported a 4.3% decline in loan origination to RMB55.43B and a 49.7% drop in net income to RMB101M. The company expects a Q3 2026 net loss due to revenue contraction, higher credit costs, and severance expenses. Risk indicators worsened, with delinquency ratios rising. LX adjusted its dividend policy to annual distributions, delaying shareholder returns. The company is diversifying and cutting costs amid industry funding tightening.

LexinFintech reported Q2 revenue of CNY1.3B, down 21.1% sequentially, with credit business revenue falling 32.5%. The company has CNY2.5B in cash and expects a net loss in Q3 due to declining revenue, rising credit costs, and restructuring expenses. Lexin is diversifying into fintech and e-commerce services, with these segments contributing 45% of loan volume. The company tightened underwriting standards amid worsening risk metrics and changed its dividend policy to annual distributions to prese

LexinFintech Holdings Ltd. (LX) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 LexinFintech Holdings Ltd. Reports Second Quarter 2026 Unaudited Financial Results SHENZHEN, China, August 31, 2026 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabl

Disney (DIS) and Netflix (NFLX) agreed to stream select Disney content on Netflix, including 'Percy Jackson' and 'Ice Age' films. Disney is modestly undervalued with a GF Value of $118.02, 13.4% above its current price, and has a GF Score of 86/100. Insider activity shows balanced transactions over the past year.

General Motors reported a significant decline in U.S. EV sales in Q3, with Cadillac, Chevrolet, and GMC brands all seeing drops. Cadillac's total sales fell 30% to 32,650. Chevrolet's sales declined 4.6% to 437,321, with the Equinox EV down 92.4%. GMC's Hummer EV sales dropped 72.9%. Overall, GM's Q3 sales fell 5.5% to 670,974, and year-to-date sales are down 6.4%.

GM's U.S. EV sales dropped 61.7% YoY in Q3 2026 to 25,473 units, accounting for 3.8% of total sales. Overall sales fell 5.5%, with GM citing a smaller EV market. Cadillac's EVs performed relatively better, while models like Equinox EV saw steep declines. Ford also reported an 80% YoY EV sales drop.