Jefferies downgraded Watches of Switzerland from 'buy' to 'hold' as the stock's recent strong rerating has left limited room for further gains. Despite raising the price target to 740p, the upside is only about 4% from current levels. The luxury watch retailer has benefited from strong US demand and price hikes, but pricing momentum is fading and the UK market remains challenging without duty-free shopping benefits. Jefferies raised earnings forecasts but warned of risks including competition, tariffs, and shifts in luxury demand.
The global silicon interposer market, valued at $4 billion in 2025, is projected to grow to $14.04 billion by 2035 with a CAGR of 13.38%. Growth is fueled by rising adoption of AI, chiplet architectures, and advanced semiconductor packaging technolog...
The AI in spintronics market is projected to grow from $2.42 billion in 2026 to $7.11 billion by 2030, expanding at a CAGR of 30.9%. Growth is fueled by AI integration in spintronic design, demand for energy-efficient memory, and advances in magnetic...
The global wax market, valued at $11.26 billion in 2025, is projected to grow to $16.65 billion by 2035 at a CAGR of 3.99%. Growth is fueled by rising demand in packaging, cosmetics, candle making, adhesives, and industrial uses, with natural waxes l...
Basel Medical Group Ltd announced it has regained compliance with Nasdaq's minimum bid price rule after its share price stayed at or above $1.00 for 10 consecutive business days ending July 7, 2026. The company was previously notified in January 2026...
BingX, a major crypto exchange, introduced the BingX Visa Debit Card in partnership with Wirex, allowing users to spend digital assets globally through Visa's payment network. The card supports purchases, ATM withdrawals, and automatic currency conve...
