Luxury goods companies are facing renewed pressure on profitability after a sharp rise in discounting during 2025, as consumers increasingly question the value of high-end products following years of aggressive price increases. Industry data shows that as much as 40% of luxury goods were sold at discounted prices last year, undermining margins across the sector,
Gold prices saw a bounce-back in key Asian markets this week, trading at a premium in India and China for the first time in roughly two months, as a recent price correction from all-time highs spurred a revival in retail demand. Indian dealers moved from offering a discount of up to $61 last week to
New car registrations for Tesla fell sharply in several key European markets in December, underscoring the company’s mounting challenges across the region even as it posted record sales in Norway, Europe’s most mature electric-vehicle market. In France and Sweden, Tesla registrations declined by roughly two-thirds or more last month, extending a slowdown that has weighed
London’s blue-chip FTSE 100 index crossed the symbolic 10,000-point mark for the first time on Friday, extending a powerful rally in UK equities that gathered pace through 2025 and has carried into the new year. At 10:50 am, the index had slipped below the 10,000 mark and was trading at 9,971.23. The index has risen
The US economy ended 2025 looking healthier than most forecasts predicted. Growth picked up late in the year, inflation cooled from its peak and financial markets delivered another strong year with the S&P 500 raising 16%. But the fundamentals are still hard to ignore. Jobs became harder to find, pay gains slowed and households kept
Boeing’s stock price bounced back in December, soaring from November’s low of $176 to the current $217. It has jumped by ~68% from its lowest level in April, and JPMorgan analysts anticipate the trajectory to continue this year if the company remains out of trouble. Boeing stock has potential catalysts in 2026 Boeing shares performed
India has approved a new wave of electronics component investments as global manufacturers adjust supply chains long centred on China. The decision highlights a strategic shift by New Delhi toward building depth in component manufacturing, rather than focusing only on final assembly. As geopolitical tensions, tariff risks, and supply disruptions prompt companies to rethink China-heavy
Coinbase stock price has crashed by nearly 50% from its highest level in 2025, erasing billions of dollars in value. Its market cap has dropped from over $90 billion to ~$70 billion today. This article provides a forecast for the stock as Brian Armstrong delivers his key priorities. Why the Coinbase stock price has crashed
US stocks rose on Friday, the first trading day of 2026, as technology shares extended their momentum from last year’s artificial intelligence-driven rally and investors entered the new year with a broadly constructive outlook. The Dow Jones Industrial Average traded 124 points higher, or 0.3%, while the S&P 500 gained 0.6%. The Nasdaq Composite outperformed,
Shares of furniture retailers with significant exposure to US imports rose in premarket trading after President Donald Trump delayed planned tariff increases on several key home goods categories, offering temporary relief to a sector grappling with weak consumer demand and cost pressures. Late on Wednesday, Trump signed a proclamation postponing higher tariffs on upholstered furniture,