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LVMH at €397: Jewelry Is Carrying the World’s Biggest Luxury Group
First-half revenue of €38.6 billion hides a split story: watches and jewelry grew 9% organically while fashion and leather goods slipped — and analysts are trimming targets.
Treasury Yields Hit 19- and 24-Year Highs as Bond Markets Bet on More Rate Hikes
The 10-year Treasury yield closed at 5.24% and the 30-year at 5.56% as investors priced in a longer tightening cycle. Here is why yields are surging, and what it means for stocks, homes, and the wider economy.
Disney Is Down 6.7% — So Why Does Wall Street Say StrongBuy? Inside the $125 Bull Case
Disney stock is down 6.7% over the past year — yet Wall Street's consensus is a StrongBuy, with BofA's Jessica Reif Ehrlich reiterating a $125 target on September 29. Parks, the NFL Network deal, and cost savings are the pillars of the bull case.
Anthropic's Leaked IPO Filing Reveals $42 Billion in Losses — and Warnings That Its AI Could Pose 'Existential' Risks
A confidential draft prospectus seen by Reuters reveals Anthropic's 2025 revenue soared 1,088% to $4.59 billion — while losses hit $42 billion and the company warned its own AI could pose “existential” risks. The potential $2 trillion IPO would be the biggest ever.