Watches of Switzerland Group reported encouraging trading for the 17 weeks ending 30 August 2026, driven by strong demand in the US and improvements in the UK. Growth was supported by luxury jewellery, certified pre-owned watches, and ecommerce, alongside successful integration of Deutsch & Deutsch. The company reaffirmed its guidance for 5-10% organic revenue growth and margin expansion for the full year, with plans to open new stores in the US and UK. This performance underpins confidence in continued revenue growth and margin improvement.
Solana spot ETFs in the US have recorded 11 consecutive days of positive net inflows, adding $10.9 million on September 1 alone, pushing total inflows to $1.35 billion and assets under management to $1.39 billion. Despite a slight 3% price dip to aro...
Futura Medical PLC has launched a formal sale process for its business or assets, alongside a £1.6 million fundraise to support ongoing negotiations. The company believes its current market value undervalues its portfolio, which includes the Eroxon e...
The U.S. economy continued its expansion in August, driven by healthy private-sector demand and sustained business investment, particularly in AI infrastructure. Household incomes grew alongside a stable labor market, supporting overall economic grow...
Ripple's XRP price has pulled back to $1.32 after a strong 72% rally in August, pressured by US-Iran geopolitical tensions and broader crypto market weakness. Despite the price drop, XRP-focused ETFs in the US saw $14 million inflows on Tuesday, push...
Howmet Aerospace's stock dropped sharply after Elon Musk announced SpaceX and Tesla's entry into turbine blade production, but this selloff is viewed as an overreaction. Howmet's competitive edge lies in its technical expertise, long-term contracts, ...
