Jerónimo Martins, a Portugal-based grocer with strong Polish market exposure, is still rated as a 'BUY' at €17.9 per share. However, the price target has been lowered to €18.5 due to slower-than-expected earnings growth despite operational improvements like margin recovery and strong volume growth in key segments. Earnings per share remain weak due to deflation and high capital expenditures. The valuation now assumes normalized earnings of €1.25 per share with a fair price-to-earnings ratio of 14–14.5x, reflecting increased forecast uncertainty. The stock offers an attractive risk/reward profile below €16 per share but upside potential is more moderate and depends on operational improvements.
The Vanguard Morningstar Mid-Cap ETF (VO) is rated Sell because it is overvalued and offers returns below the required yield. Trading at 23 times earnings and 3.37 times book value, its 5-year annualized return estimate is only 5.1%, much lower than ...
Baker Hughes reports that rising borrowing costs have not deterred investment in major energy projects, driven by strong demand for natural gas and power from AI and data center growth. CEO Lorenzo Simonelli highlights that energy demand is expected ...
On September 16, 2026, the US Federal Reserve is expected to raise interest rates by 25 basis points, impacting markets including Bitcoin. Bitcoin savings plans should generally continue without interruption, as they rely on fixed-interval purchases ...
Ethereum's EIP-7702 upgrade allows ordinary accounts to delegate execution of contract code without changing their address or keys, enabling convenient wallet features like bundled transactions and fee sponsorship. However, this delegation acts as a ...
President Donald Trump suggested the US might take control of Iran's oil reserves, similar to a recent deal with Venezuela that gave the US access to a significant portion of Venezuela's oil. This statement comes as a diplomatic meeting in Oman betwe...
