Today: 29 April 2026
Browse Category

EPA:MC 28 July 2025 - 19 April 2026

Watches and Wonders 2026: Rolex, Patek And Cartier Meet Luxury’s Gulf Shock

Watches and Wonders 2026: Rolex, Patek And Cartier Meet Luxury’s Gulf Shock

Watches and Wonders Geneva entered its final public days Sunday as luxury brands faced sharp sales drops in the Gulf due to Middle East conflict. LVMH, Kering, and Hermès all reported declines tied to weaker Gulf demand, with Dubai mall sales plunging up to 50% in March. Airport retail also suffered as flight cancellations peaked. Swiss watch exports fell for a second year in 2025.
19 April 2026
LVMH share price sinks 7% as results revive luxury margin fears

LVMH share price sinks 7% as results revive luxury margin fears

LVMH shares fell about 7% to 547 euros in Paris after its annual update signaled caution on demand recovery. Fourth-quarter sales beat forecasts, but profit concerns persisted as margins faced pressure from currency shifts and tariffs. The group reported 2025 revenue of 80.8 billion euros and a 22% operating margin. LVMH will propose a 13-euro dividend at its April 23 shareholder meeting.
28 January 2026
LVMH share price drops 4% as tariff threat and Morgan Stanley downgrade hit luxury stocks

LVMH share price drops 4% as tariff threat and Morgan Stanley downgrade hit luxury stocks

LVMH shares fell 4.3% to €582.80 in Paris on Monday after Morgan Stanley downgraded the stock, citing risks from tariffs and currency swings. The drop followed President Trump’s threat of new U.S. tariffs on European goods. LVMH also agreed to sell its DFS travel retail operations in Hong Kong and Macau for about $395 million. Investors await LVMH’s full-year results next week and the Feb. 1 tariff deadline.
19 January 2026
Saks Global files for bankruptcy: $1.75 billion financing, new CEO and a test for luxury suppliers

Saks Global files for bankruptcy: $1.75 billion financing, new CEO and a test for luxury suppliers

Saks Global, owner of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, filed for Chapter 11 bankruptcy in Texas after missing a $100 million interest payment tied to its Neiman Marcus acquisition. The company reported $1.75 billion in financing, including $1 billion in debtor-in-possession funding, and expects stores to remain open. Geoffroy van Raemdonck replaced Richard Baker as CEO. Major luxury suppliers are listed as unsecured creditors.
14 January 2026
Euronext Paris Shocks Markets with Historic Roots, Surging Stocks & Bold 2025 Moves

Euronext Today: CAC 40 slips as luxury names weigh; Euronext launches 2026 bond tender; Athens bourse bid enters final day — 17 November 2025

European stocks slipped Monday, with the STOXX 600 down 0.2% and Paris’s CAC 40 near 8,150 as luxury and financial shares fell. Airbus outperformed on flydubai order reports. Euronext launched a cash tender for €600 million in 2026 bonds and plans a new issue. Its offer for Hellenic Exchanges–ATHEX closes today.
LVMH Stock Surges 12% on China Boost – Luxury Giant Regains Momentum

LVMH Stock Surges 12% on China Boost – Luxury Giant Regains Momentum

LVMH shares surged over 12% to €597 on Oct. 15, 2025, after reporting a surprise third-quarter sales rebound driven by renewed Chinese demand. The company posted its first organic revenue growth of the year, but nine-month sales remain down 4% from 2024. Morgan Stanley and Deutsche Bank upgraded the stock. The rally boosted European luxury peers and sent the CAC 40 index near record highs.
15 October 2025
Tech Shockwaves: Apple’s “iPhone Air” Tease, SpaceX’s $17B Spectrum Deal & More (Sept 8–9, 2025)

Tech Shockwaves: Apple’s “iPhone Air” Tease, SpaceX’s $17B Spectrum Deal & More (Sept 8–9, 2025)

SpaceX will buy wireless spectrum licenses from EchoStar for $17 billion to expand its Starlink satellite-to-cell service. Intel announced a major executive shake-up as longtime products chief Michelle Johnston Holthaus exits. Discord and Google Meet suffered major outages on Sept. 8, with service restored the same day. Dell CFO Yvonne McGill resigned after nearly 30 years; Dell reaffirmed its forecasts.
TAG Heuer’s CarbonSpring Breakthrough: How the New TH30-00 Movement Could Change Watchmaking Forever

TAG Heuer’s CarbonSpring Breakthrough: How the New TH30-00 Movement Could Change Watchmaking Forever

TAG Heuer has introduced the TH-Carbonspring, a carbon composite hairspring covered by four patents and resistant to magnetism and shocks up to 5,000 G. The technology debuts in two limited-edition watches—Monaco Flyback Chronograph (CHF 17,000, Dec 2025) and Carrera Chronograph Tourbillon (CHF 40,000, Q1 2026)—each limited to 50 pieces. The spring’s development took over a decade and overcomes prior production hurdles.
5 September 2025
Ransomware Topples 158-Year-Old Company, Nuclear Agency Hacked, and Breaches Expose Millions – Cybersecurity Roundup (July 21–28, 2025)

Ransomware Topples 158-Year-Old Company, Nuclear Agency Hacked, and Breaches Expose Millions – Cybersecurity Roundup (July 21–28, 2025)

UK Co-op said attackers stole data on 6.5 million members after a social engineering password reset on April 22, then deployed DragonForce ransomware. Names, addresses, phone numbers, emails, and membership details were exposed. No payment data was taken. The breach caused IT outages and food shortages; Scattered Spider is suspected.

Stock Market Today

  • Tuya (TUYA) Stock Analysis: Fair Pricing Amid Recent Pullback and Strong Long-Term Gains
    April 29, 2026, 12:05 PM EDT. Tuya (NYSE:TUYA) shares closed at $2.28, down 3.0% in one day and 6.2% over seven days, contrasting with a 3-year total shareholder return of 28.7%. The company reported $321.8 million in annual revenue and $57.9 million net income. Trading at a price-to-earnings (P/E) ratio of 24.1x, Tuya's valuation is slightly above its fair value estimate of 23.5x and peers' average of 21.7x, but below the broader U.S. Software industry average of 30.4x. This reflects investor confidence in its profitability and growth prospects, with earnings expected to grow nearly 10% annually. Risks include dependence on Chinese market demand and relatively rich valuation compared to peers. The stock trades just 0.9% below its intrinsic value according to discounted cash flow (DCF) estimates, suggesting near fair pricing.

Latest article

Applied Materials (AMAT) Faces Fresh China Shock After U.S. Targets Hua Hong Shipments

Applied Materials (AMAT) Faces Fresh China Shock After U.S. Targets Hua Hong Shipments

29 April 2026
The U.S. Commerce Department ordered Applied Materials, Lam Research, and KLA to halt some chip-tool shipments to China’s Hua Hong, Reuters reported. The move targets shipments linked to facilities believed capable of advanced chip production. Applied reported $2.10 billion in China revenue last quarter, or 30% of its total. Shares in Applied, Lam, and KLA traded lower after the news.
Cognizant Stock Drops As Weak Revenue Outlook Overshadows $600 Million AI Deal

Cognizant Stock Drops As Weak Revenue Outlook Overshadows $600 Million AI Deal

29 April 2026
Cognizant forecast second-quarter revenue below analyst estimates and announced Project Leap, a cost-cutting program focused on workforce reductions. Shares fell $1.67 to $53.45. The company reported first-quarter revenue of $5.41 billion, up 5.8%, and agreed to acquire AI infrastructure firm Astreya for about $600 million.
ON Semiconductor Stock Jumps as Geely and NIO Deals Put 900V EV Chips in Focus

ON Semiconductor Stock Jumps as Geely and NIO Deals Put 900V EV Chips in Focus

29 April 2026
ON Semiconductor shares jumped 8% Wednesday after announcing expanded silicon carbide chip deals with Geely Auto Group and NIO Inc., both focused on 900-volt electric vehicle platforms. The company’s market value reached about $41.2 billion ahead of first-quarter results due May 4. Investors are watching whether new auto-chip wins can offset uneven demand.
Go toTop