News

```htmlGolden Ten Data reported on May 22 that the UK’s public sector net borrowing in April increased to £24.3 billion, up 25% year-on-year. Quilter Cheviot investment manager Richard Carter stated in a report that government borrowing continues to rise due to sluggish economic growth. He pointed out that public finance data released on Friday show that the UK economy still relies on investors to help fund investments and daily expenditures. Carter said that the UK’s high government borrowing costs are expected to worsen its weak public finance situation.```

Glonghui, May 22 — Discount retailer Ross Stores announced its first quarter results: sales increased by 21% year-on-year to $6.0 billion, with comparable sales rising by 17%. Earnings per share grew by 37% year-on-year to $2.02, surpassing market expectations of $1.73. Despite increasing macroeconomic uncertainty, the company raised its full-year outlook, betting that demand for its discounted clothing and accessories will remain resilient. The company now expects full-year same-store sales to grow by 6% to 7%, up from the previously forecast 3% to 4%. Earnings per share are expected to be between $7.50 and $7.74, higher than the previous forecast of $7.02 to $7.36.

BlockBeats News, May 22nd, according to Arkham Monitor, the Bitwise and 21Shares HYPE ETF saw a net inflow of $16.1 million yesterday. Additionally, the Bitwise Hyperliquid ETF (BHYP) currently has approximately $15.45 million HYPE staked.