Deutsche Bank maintains a 'buy' rating on Gym Group with a target price of 230p, highlighting strong growth prospects driven by Gen Z's focus on fitness and wellbeing. Around 44% of Gym Group's members are aged 18-34, a demographic that prioritizes health and physical fitness. The bank also notes that GLP-1 weight-loss drugs like Wegovy and Mounjaro may actually encourage gym use, as 60% of users want to increase exercise while on these medications. Gym Group's low-cost, flexible model positions it well to attract value-conscious consumers, making it a top pick in the mid-cap leisure sector despite economic uncertainties.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
