The Dutch central bank has relocated over 78 metric tons of its gold reserves from New York to Europe, mainly London, to reduce geopolitical risks and improve access during crises. This move follows France's similar action earlier this year and reflects growing European concerns about holding gold in the US amid political uncertainties. The Dutch bank emphasized the shift was about spreading risk and enhancing tradeability, not due to fears of US confiscation. Germany, holding the largest gold reserves in New York, faces similar debates but maintains confidence in the safety of its assets.
Lands' End reported Q2 fiscal results with revenue rising 2.7% to $302 million, beating analyst expectations, while adjusted EPS missed slightly at $0.09 versus $0.10 forecast. The company improved profitability from a year ago, turning an adjusted l...
Planet Labs is set to report its Q2 earnings, with analysts expecting a loss of $0.02 per share, a 33.3% improvement from last year. Revenue is estimated at $104.12 million. Despite a significant stock decline, trading 27% below its 200-day average, ...
CVS Health reported a 7.3% revenue increase in Q2 to $106.1 billion and raised its full-year revenue forecast to at least $414 billion, alongside improved earnings per share guidance. Despite UBS lowering its price target to $118, analysts like Jeffe...
Zscaler is set to report earnings with an expected EPS of $1.09 and revenue near $877 million, reflecting about 22% growth year-over-year. Investors are closely watching the company's fiscal 2027 guidance after a previous outlook caused a sharp 31.52...
Canaccord Genuity maintained a Buy rating on Gold.com but reduced its price target from $70 to $65 due to weaker-than-expected fourth-quarter results. Gold.com reported a strong fiscal 2026 with revenue up 132% to $25.51 billion and net income rising...
