Hermes reported accelerating revenue growth and a 41% operating margin in Q2 despite challenges in the luxury sector. The stock trades at about 35 times earnings, a 20% discount to its 15-year average, with analysts expecting a 17-20% price increase. Volume growth, especially in Leather Goods, is easing concerns about unused workshop capacity. The analyst expects 10-15% annual returns with potential upside from a re-rating and recovery in China, planning to add shares on any weakness while managing position size.
Fidelity clients purchased $134 million worth of Bitcoin within just two days, highlighting a resurgence in institutional demand for the cryptocurrency. This rapid accumulation is notable amid a volatile 2026 market and reflects growing confidence in...
Bybit, the world's second-largest crypto exchange, has launched Phase 2 of its RLUSD Hold & Earn program, continuing its partnership with Ripple. This phase introduces dual daily rewards paid in both XRP and RLUSD, with new APR multipliers based on h...
The Chase Ink Business Unlimited credit card provides a simple cash back option for business owners, offering a flat 1.5% cash back on all purchases with no annual fee. It features a limited-time $1,000 bonus cash back after spending $8,000 in the fi...
Kingsoft Cloud Holdings reported a strong Q2 2026 with revenues up 30.8% year-over-year and improved profit margins, reversing a weak Q1. Its AI cloud services, boosted by a partnership with Xiaomi, saw gross billings rise 82% year-over-year, making ...
Major XRP holders have purchased over 642 million tokens near the $1 mark since early August, driven by a new SEC proposal easing token registration rules for projects raising up to $75 million annually. This regulatory shift has sparked renewed inst...
