Caleres has been upgraded from 'Hold' to a speculative 'Buy' due to its strong financial performance, including an 8.5% year-over-year revenue increase driven by the Stuart Weitzman acquisition and growth in e-commerce and wholesale. Despite macroeconomic risks, the company maintains a manageable net leverage ratio of 2.06 and expects tariff refunds, providing financial flexibility. Investors are watching the upcoming Q2 2026 earnings report, with consensus revenue forecasted at $705.7 million, as a key indicator to confirm the positive outlook.
The XRPL stablecoin market grew by 14.6% in one week, reaching about $1.33 billion as of October 3, driven mainly by Ripple's RLUSD stablecoin, which accounts for roughly 93% of the total value on the XRPL. RLUSD's circulation has surpassed $2.4 bill...
Cardano (ADA) surged 11% in 24 hours, trading between $0.24 and $0.27, driven by a short squeeze as open interest dropped 11.68%. The token now faces immediate resistance at $0.28 and strong resistance at $0.29, with technical indicators showing over...
XRP is approaching a critical resistance level at $1.53, with analyst Ali Martinez noting that a four-hour close above this price could confirm a move toward $1.62, representing about 7% upside. Despite previous attempts to break above $1.50, XRP has...
Bitcoin has risen nearly 47% from its July low of $57,800 to around $86,000, yet Binance Research warns the current cycle bottom remains unconfirmed based on historical patterns. Their study found that rebounds of this size often fail if they occur b...
Metaplanet plans to allocate 85% to 90% of its total assets to Bitcoin, with the remaining 10% to 15% directed towards mergers, acquisitions, income-generating assets, and asset management. The company aims to keep borrowing related to its Bitcoin ho...
