Watches of Switzerland Group PLC reported adjusted earnings at the top end of its upgraded guidance, with revenue rising 11% to £1.8 billion and operating profit reaching £155 million in the 53 weeks to May 3. The company saw a 65% increase in free cash flow and reduced net debt despite acquiring Deutsch & Deutsch. It expects 5-10% revenue growth and margin expansion in the current year, driven by strong momentum in the US and improving UK conditions. The company also completed a £25 million share buyback in 2025 and plans selective future buybacks when cash allows, while continuing investments in showrooms and ecommerce.
FREELANDER, a British premium automotive brand co-developed by Chery and Jaguar Land Rover, announced its first international market launch in Abu Dhabi, UAE, scheduled for September 2026. This launch marks a key milestone in the brand's global expan...
The global blood glucose monitoring system market, valued at $16.8 billion in 2025, is projected to grow to $39.4 billion by 2035 at an 8.9% CAGR. Growth is fueled by rising diabetes prevalence, advancements in AI-enabled monitoring devices, and incr...
Ethereum co-founder Joseph Lubin highlighted the need to keep Layer 1 transaction fees low to encourage wider adoption and enhance Ethereum's long-term value. Recent upgrades and shifts to Layer 2 solutions have reduced fees to around $0.09–$0.10 per...
Monvera, an AI-powered broker built on Virtuals Protocol, launched on July 14, offering users the ability to trade about 95 tokenized stocks on Robinhood Chain with a single click. It features portfolio-level actions and gasless transactions, simplif...
Micron faces six simultaneous challenges, including an antitrust lawsuit and insider selling, which have dampened investor sentiment. However, the company’s earnings outlook remains stable due to strong demand for AI memory, with HBM production sold ...
