Citi has maintained a buy rating on Marks and Spencer and upgraded Next's rating, citing strong growth prospects in both food and fashion sectors. Marks and Spencer's food division is expected to see double-digit sales growth into 2026, supported by expanding clothing margins and cost efficiencies from a new distribution center in Lichfield by 2029. Next's rapid international expansion has led Citi to raise its 2027 profit forecasts by 3%, boosting its valuation closer to European rival Inditex. Investors will be watching Marks and Spencer's execution at Lichfield for future margin gains.
Ripple has recommended withdrawing the pending XChainBridge (XLS-38) amendment for the XRP Ledger after deciding that its primary use case—connecting the XRPL mainnet with an EVM-compatible sidechain—is already fulfilled by Axelar. The amendment woul...
Clearfield cut its FY2026 guidance because of delays in broadband projects linked to slow government BEAD program rollout and fiber supply constraints. However, the company secured a $22 million order for hyperscale data centers, validating its growt...
Charles Schwab is expanding its Schwab Crypto platform by adding Solana, Avalanche, and Chainlink to its existing Bitcoin and Ethereum offerings. This move aims to provide investors with more options to build diverse digital asset portfolios while le...
Bitcoin traded near $79,771 after reaching an intraday high of $81,280 but failed to break decisively above the $82,000 resistance level. Veteran trader Peter Brandt disclosed a long Bitcoin position following a bullish inverse head-and-shoulders bre...
The HYPE token reached a new all-time high of $84.80 after a 40% weekly gain and breaking the $77 resistance. Hyperliquid Strategies increased its holdings to 29.3 million HYPE tokens following a $646.6 million capital raise. The company activated an...
