wildpixel/iStock via Getty Images Folks, I'll be honest with you, I don't exactly dress like a luxury fashion customer, and I'm definitely not the kind of guy spending absurd amounts on clothes. My wife, on the other hand, is pretty much the complete opposite. Still, no matter how mismatched I may look sometimes, I don’t think I’ve ever looked as bad as Mr. Market thought LuxExperience ( LUXE ) lo...
wildpixel/iStock via Getty Images Folks, I'll be honest with you, I don't exactly dress like a luxury fashion customer, and I'm definitely not the kind of guy spending absurd amounts on clothes. My wife, on the other hand, is pretty much the complete opposite. Still, no matter how mismatched I may look sometimes, I don’t think I’ve ever looked as bad as Mr. Market thought LuxExperience ( LUXE ) looked after these earnings . The stock is down ~15% as I’m writing this, and my first piece on this e-luxury company is now sitting in the red by at least double digits. Seeking Alpha And even though I said before this was a high-risk, high-alpha thesis after the Richemont portfolio restructuring around YOOX NET-A-PORTER, I only saw one thing that the market might consider unexpected. Did they sell THE OUTNET at a bargain price? Yes. But that's water under the bridge. That's not what drove the sell-off here. From day one, the entire thesis here was built around a few simple points: MyTheresa would remain profitable and serve as a kind of support for the turnaround of YOOX and NET-A-PORTER that would come after the breakeven point in FY 2028. Repositioning NET-A-PORTER to be less promotion-driven, with more resilient AOVs and a more MyTheresa-like core customer base. Turning YOOX into more of an entry-level luxury platform instead of a pure off-price player. To me, that's still the weakest part of the turnaround because it adds too much complexity. Make the turnaround be self-funded, with €724.2 million in total liquidity in Q2 FY 2026 (sitting on €543.6 million in cash) and no relevant LT debt. The projection was that they would burn €150 million or less in FY 2026, with something between €350 to €450 million by FY 2028. What Hasn't Changed The first three points I mentioned still hold true. For example, MyTheresa continued to push LuxExperience with GMV growing at 7%. That's below the nearly 10% growth they posted in Q2 FY 2026, but that was already expected given the tough...
‘Made In Illinois’ “Made in Illinois,” Pritzker said in a post on X on Tuesday, sharing that the Normal, Illinois, plant, which earlier belonged to Japanese automaker Mitsubishi, had been closed for a decade. “Creating jobs in Central Illinois, strengthening our manufacturing, and leading the pack in the EV industry,” Pritzker said. Big Day For Rivian The Illinois governor said that he was “excite...
‘Made In Illinois’ “Made in Illinois,” Pritzker said in a post on X on Tuesday, sharing that the Normal, Illinois, plant, which earlier belonged to Japanese automaker Mitsubishi, had been closed for a decade. “Creating jobs in Central Illinois, strengthening our manufacturing, and leading the pack in the EV industry,” Pritzker said. Big Day For Rivian The Illinois governor said that he was “excited” about Rivian’s production ramp and that he knew a lot of people who had “put in their deposit” for the R2, including himself. “I’m in line too,” Pritzker said. “Today’s a big day for Rivian. It’s a big day for the state of Illinois,” he said. Rivian R2 Customer Deliveries, Amazon Deal During the first quarter of 2026 earnings call, Rivian shared that it would begin customer deliveries in the “coming weeks.” Rivian’s first-quarter production figures came in at 10,236 vehicles, while its deliveries for the same period stood at 10,365 vehicles. Meanwhile, reviews of the R2 crossover have been positive, with YouTuber Marques Brownlee, also known as MKBHD, sharing that it could be a successor to the Tesla Model Y. According to Benzinga Edge Rankings, Rivian offers Satisfactory Momentum and provides a favorable price trend in the Short and Long term. Price Action: RIVN declined 2.92% to $12.96 during the pre-market trading on Wednesday. Check out more of Benzinga's Future Of Mobility coverage by following this link. Photo courtesy: Michael Berlfein via Shutterstock
(RTTNews) - German stocks are modestly higher on Wednesday with investors digesting the latest economic data from the region and news from the geopolitical front, in addition to awaiting Nvidia's earnings update. The benchmark DAX was up 91.19 points or 0.37% at 24,519.36 a few minutes past noon. Infineon Technologies climbed 3%. Siemens Energy moved up 2.5%, while Siemens, Rheinmetall, Deutsche B...
(RTTNews) - German stocks are modestly higher on Wednesday with investors digesting the latest economic data from the region and news from the geopolitical front, in addition to awaiting Nvidia's earnings update. The benchmark DAX was up 91.19 points or 0.37% at 24,519.36 a few minutes past noon. Infineon Technologies climbed 3%. Siemens Energy moved up 2.5%, while Siemens, Rheinmetall, Deutsche Bank, Vonovia and Merck gained 1%-1.7%. SAP drifted down 1.7% and Scout24 eased by about 1.5%. Symrise, Volkswagen, Mercedes-Benz, Qiagen and GEA Group lost 0.8%-1.1%. On the trade front, the European Union has reached a provisional agreement to remove import duties on U.S. goods, keeping the bloc on track to meet Trump's July 4 deadline and avoid higher tariffs on European goods. Data from Destatis showed Germany's producer prices increased at the strongest pace in nearly three years in April, rising by 1.7% year-on-year, reversing a 0.2% fall in March. The annual increase also surpassed economists' forecast of 1.5%. On a monthly basis, producer prices grew 1.2% in April but weaker than forecast of 2%. Final data from Eurostat showed Eurozone inflation accelerated in April, as initially estimated, driven by higher energy prices. The harmonized index of consumer prices posted an annual increase of 3% in April, up from 2.6% in March. The rate matched the estimate published on April 30. Meanwhile, core inflation that excludes prices of energy, food, alcohol and tobacco, softened to 2.2% in April, as estimated, from 2.3% in the previous month. Among main components of HICP, energy registered the biggest annual growth of 10.8%. This was followed by the 3% rise in services costs. Food, alcohol and tobacco prices rose 2.4% and non-energy industrial goods prices gained 0.8%. On a monthly basis, the HICP climbed 1.0% in April, in line with flash estimate. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, ...
V.F. Corp ( VFC ) declares $0.09/share quarterly dividend , in line with previous. Forward yield 2.15% Payable June 18; for shareholders of record June 10; ex-div June 10. See VFC Dividend Scorecard, Yield Chart, & Dividend Growth. More on V.F. Corp VF Corp: Turnaround Gains Traction With Brand Strength And Margin Expansion Ahead V.F. Corporation: A Decent Job Done, But I'm Not Excited Yet V.F. Co...
V.F. Corp ( VFC ) declares $0.09/share quarterly dividend , in line with previous. Forward yield 2.15% Payable June 18; for shareholders of record June 10; ex-div June 10. See VFC Dividend Scorecard, Yield Chart, & Dividend Growth. More on V.F. Corp VF Corp: Turnaround Gains Traction With Brand Strength And Margin Expansion Ahead V.F. Corporation: A Decent Job Done, But I'm Not Excited Yet V.F. Corporation (VFC) Presents at Citi's 2026 Global Consumer & Retail Conference 2026 Transcript V.F. Corp beats Q4 estimates V.F. Corp Q4 2026 Earnings Preview
“In the last 12 to 18 months … we are seeing a lot more [private equity fundraising activities], but I would say it’s very selective” compared with the previous cycle, said Gary Chan, head of private equity of Sun Hung Kai & Co, at a panel discussion at the Asia Private Equity Leadership Summit on Wednesday. A total of 37 companies raised about US$13.26 billion on the Hong Kong stock exchange’s ma...
“In the last 12 to 18 months … we are seeing a lot more [private equity fundraising activities], but I would say it’s very selective” compared with the previous cycle, said Gary Chan, head of private equity of Sun Hung Kai & Co, at a panel discussion at the Asia Private Equity Leadership Summit on Wednesday. A total of 37 companies raised about US$13.26 billion on the Hong Kong stock exchange’s main board in the three months ended March 31, according to data released on Tuesday by LSEG Data and Analytics. It marks a near-fivefold jump year on year compared with the same period in 2025. Advertisement The renewed interest comes as valuations across both China’s public and private markets have reset from their peaks following a turbulent period marked by the US-China trade war, the Covid-19 pandemic and a series of domestic policy reboots, according to Kent Chen, head of Asia Private Equity at Neuberger Berman. “From a valuation point of view, this is still an attractive moment,” Chen said, adding that China’s tech sector was at an inflection point, where new growth drivers were emerging , from the digital and green economies to advanced manufacturing and AI-powered robotics. Advertisement Alex Ying, head of Direct PE Investments at CDIB Capital International, said that “people would like to see a bit more exits”, a sentiment widely shared by many limited partners. ‘Exit’ refers to how private equity firms plan to cash out of their investment and return capital and profits to limited partners.
Super Hi press release ( HDL ): Q1 GAAP EPS of $0.01. Revenue of $225.93M (+14.2% Y/Y) beats by $10.35M . In the first quarter of 2026, the Company opened 1 new Haidilao restaurant in Southeast Asia. The total number of Haidilao restaurants expanded from 126 as of December 31, 2025 to 127 as of March 31, 2026. Overall average table turnover rate was 4.0 times per day, compared to 3.9 times per day...
Super Hi press release ( HDL ): Q1 GAAP EPS of $0.01. Revenue of $225.93M (+14.2% Y/Y) beats by $10.35M . In the first quarter of 2026, the Company opened 1 new Haidilao restaurant in Southeast Asia. The total number of Haidilao restaurants expanded from 126 as of December 31, 2025 to 127 as of March 31, 2026. Overall average table turnover rate was 4.0 times per day, compared to 3.9 times per day in the same period of 2025. Overall average same-store table turnover rate was 4.0 times per day, consistent with the same period of 2025. The Company had over 8.1 million total guest visits, representing an increase of 3.8% from 7.8 million in the same period of 2025. Same-store sales were US$183.5 million, representing an increase of 4.0% from US$176.4 million in the same period of 2025. More on Super Hi Super Hi International Holding Ltd. 2025 Q4 - Results - Earnings Call Presentation Super Hi International Holding Ltd. (HDL) Q4 2025 Earnings Call Transcript Super Hi outlines 2026 plan to keep raw material ratio ‘basically stable’ while staying ‘very prudent’ on store openings Super Hi GAAP EPS of $0.01, revenue of $229.97M Seeking Alpha’s Quant Rating on Super Hi
Cooperation between China and Russia on science and technology could help stop US isolation and allow the international science community to “return to normalcy” amid geopolitical tensions, according to experts in the US and Russia. It could also offer the world an alternative model of scientific collaboration and signal a shift in the scientific “centre of gravity” from the West to the East. As t...
Cooperation between China and Russia on science and technology could help stop US isolation and allow the international science community to “return to normalcy” amid geopolitical tensions, according to experts in the US and Russia. It could also offer the world an alternative model of scientific collaboration and signal a shift in the scientific “centre of gravity” from the West to the East. As the leaders of China and Russia met in Beijing, experts said they hoped the summit would provide institutional support and a “structural backbone” for more scientific cooperation. Advertisement On Wednesday, Russian President Vladimir Putin and his Chinese counterpart Xi Jinping met to discuss a broad range of issues, including trade, the economy, energy and education. At the summit, Moscow and Beijing signed 40 agreements, including on deepening cooperation in innovation, technology, energy, science and education. Advertisement Valery Fokin , a professor at the University of Southern California, said in an interview on Tuesday that scientific collaboration between China and Russia could be good for the US, as it could “stimulate the US to join rather than to isolate”.
A packet of caramel toffees by Indian Prime Minister Narendra Modi to his Italian counterpart sent shares of a tiny software company soaring on Wednesday. Parle Industries Ltd. ’s shares surged 5%, the most in two months, after traders appeared to mistake the company for Parle Products Pvt. — the unlisted maker of Melody candies and the popular Parle-G biscuits in India. The confusion was triggere...
A packet of caramel toffees by Indian Prime Minister Narendra Modi to his Italian counterpart sent shares of a tiny software company soaring on Wednesday. Parle Industries Ltd. ’s shares surged 5%, the most in two months, after traders appeared to mistake the company for Parle Products Pvt. — the unlisted maker of Melody candies and the popular Parle-G biscuits in India. The confusion was triggered after Giorgia Meloni posted a video of Modi gifting her a packet of Melody, reviving the long-running ‘Melodi’ social media meme coined by blending the names of Modi and Meloni. “No doubt this is a case of mistaken identity,” said Arun Kejriwal , founder of Kejriwal Research & Investment Services. “We are a market where retail participation has continued to grow and small investors are now a force. But unfortunately, many of them keep falling for misinformation.” The thinly traded stock not only reversed losses but surged by its daily limit, with more than 800,000 shares changing hands. Valued at little below $3 million, Parle Industries has nine employees, and sells ERP software and services to companies. Representatives at Parle Industries and Parle Products couldn’t be immediately reached for comments. Earlier on Wednesday, Modi posted pictures of his visit to the iconic Colosseum in Rome along with Meloni.
Cadeler A/S press release ( CDLR ): Q1 revenue increased to EUR 125 million, up from EUR 65 million in Q1 2025. EBITDA increased to EUR 47 million, compared to EUR 24 million in Q1 2025. Fleet utilisation was 47.6% across ten operating vessels. Order backlog remained robust at EUR 2,705 million as of 31 March 2026. Cadeler maintains its full-year 2026 guidance , reiterating expected full-year reve...
Cadeler A/S press release ( CDLR ): Q1 revenue increased to EUR 125 million, up from EUR 65 million in Q1 2025. EBITDA increased to EUR 47 million, compared to EUR 24 million in Q1 2025. Fleet utilisation was 47.6% across ten operating vessels. Order backlog remained robust at EUR 2,705 million as of 31 March 2026. Cadeler maintains its full-year 2026 guidance , reiterating expected full-year revenue in the range of EUR 854 million to EUR 944 million and EBITDA in the range of EUR 420 million to EUR 510 million. More on Cadeler A/S Cadeler A/S 2025 Q4 - Results - Earnings Call Presentation Cadeler A/S (CDLR) Q4 2025 Earnings Call Transcript Cadeler A/S reports FY results; gives FY26 outlook Seeking Alpha’s Quant Rating on Cadeler A/S Historical earnings data for Cadeler A/S
据《纽约时报》报道，过去四个月来，美国、格陵兰岛及负责格陵兰外交事务的丹麦三方，一直在华盛顿谈论该岛的未来 【财新网】 由美国总统特朗普任命的“格陵兰岛特使”杰夫·兰德里近期率团到访丹麦海外领地格陵兰岛。该岛自治政府总理延斯-弗雷德里克·尼尔森向美方再度强调，格陵兰岛“不出售”，格陵兰人民的自决权“不容讨论”。 世界第一大岛格陵兰岛是美国的北约盟友丹麦的自治领地。特朗普多次坚持认为，出于国家安全考虑，美国应该控制该岛，引发格陵兰岛、丹麦乃至欧洲领导人的主权担忧和反对。 据丹麦广播公司（DR）报道，兰德里在5月17日抵达格陵兰岛时表示，特朗普告诉他，其此行应在该岛“尽可能地多交朋友（make as many friends as we can get）”。
Dragon Claws/iStock via Getty Images By James Smith Today’s UK inflation data, like yesterday’s jobs numbers , questions the need for aggressive rate hikes. We continue to think markets are overestimating the Bank of England’s willingness to tighten policy at current levels of energy prices. Investors are pricing between two and three rate rises by next spring. There’s nothing too surprising about...
Dragon Claws/iStock via Getty Images By James Smith Today’s UK inflation data, like yesterday’s jobs numbers , questions the need for aggressive rate hikes. We continue to think markets are overestimating the Bank of England’s willingness to tighten policy at current levels of energy prices. Investors are pricing between two and three rate rises by next spring. There’s nothing too surprising about the latest numbers, even if they came in a bit below consensus. Headline inflation fell from 3.3% to 2.8%. The Middle East impact is still really only showing through in petrol/diesel prices; that’s added 0.5pp extra to headline inflation compared to March. Regulated/administrative prices – including significantly lower water/sewerage bill increases, reduced policy costs on household energy bills, and no repeat of last year’s vehicle tax increase – have shaved 0.8pp off relative to March, by our math. Travel components affected by the timing of Easter chopped three-tenths off headline inflation, too. How UK inflation changed between March and April Source: Macrobond, ING Taken all together, we’re now expecting inflation to bounce around between 3.5% and 4% in the second half of the year, peaking briefly just below 4%. The next big shift comes in July, when the energy regulator Ofgem is due to update the quarterly household price cap. We’re looking for roughly a 12% increase, which is remarkably benign, all things considered. This is based on 6-12 month-ahead natural gas futures prices, which Ofgem uses as a proxy for hedging costs of the utility providers and are within spitting distance of pre-war levels. If nothing changes, those futures prices point to an 8% fall in energy bills in October, though our commodities team is wary that wholesale costs could push higher as Europe increasingly competes with Asia for LNG cargoes. Food inflation is also likely to gradually build throughout the year. All together, the fact that the latest data didn’t surprise on the upside – as A...
FEATURE Micron Technology stock was rising early on Wednesday. Its memory-chip rival Samsung Electronics faces the growing threat of a strike. Micron shares were up 4.2% in premarket trading. Already soaring prices for memory chips could receive a further boost after talks between Samsung management and labor representatives broke down Wednesday.
FEATURE Micron Technology stock was rising early on Wednesday. Its memory-chip rival Samsung Electronics faces the growing threat of a strike. Micron shares were up 4.2% in premarket trading. Already soaring prices for memory chips could receive a further boost after talks between Samsung management and labor representatives broke down Wednesday.