Latest in Richemont stock is surging by the most ever. Other luxury plays are jumping too.
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That big one-day stock-market surge we just had? Don’t make too much of it.
Price spikes happen in bear markets more often than in bull markets.MarketWatch - 21m -
Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.CNBC - 5h -
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.MarketWatch - 7h -
Billion-dollar video game: is this the most expensive piece of entertainment ever made?
How player-funded development launched a multiplayer game of galactic proportions – and costs – in Star Citizen. How much does it cost to make a video game? The development expenses of blockbuster ...The Guardian - 10h -
Luxury goods groups drive European stocks to highest level in a month
LVMH and Hermès push up Cac 40 after Richemont’s better than expected salesFinancial Times - 10h -
Do Indians work too much?
An executive in the country has gone viral for saying workers should be in the office on SundaysFinancial Times - 16h -
Stocks surge on inflation data. Trump, bond yields hold the key to what’s next.
Investors await details of fiscal and tax policies under Trump’s second term — and the 10-year Treasury yield’s response.MarketWatch - 23h -
Why Visa’s stock could be a better play than Mastercard’s this year
Visa’s more U.S.-focused business looks like an asset, according to Seaport Research.MarketWatch - 2d -
Lululemon’s stock jumps as strong holiday sales show demand is improving
Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.MarketWatch - 3d -
'The best match I've ever played' - GB's Fearnley beats injury-hit Kyrgios
Fast-rising British star Jacob Fearnley beats an ailing Nick Kyrgios in straight sets in the first round of the Australian Open.BBC News - 3d -
DC's Amazon lawsuit reminds us that safety is a luxury for Black Americans
While America was getting more violent, it was Black Americans who felt the increase most acutely.The Hill - 5d -
Most of the ‘Sweet 16’ stocks have dominated. They might do it again in 2025.
This group was first identified by Jefferies in September 2020 and included Nvidia long before the company’s growth explosion began.MarketWatch - 5d -
Probation: 'Too few staff, with too little experience, managing too many offenders'
Probation officers say they were overworked even before thousands of prisoners were released early.BBC News - 5d -
The Memories That Burn, Too
Shawn Hubler, who covers California from Sacramento, details the personal, psychological toll of the wildfires.The New York Times - 5d -
Walgreens’ stock could see its best day ever. Is a turnaround really in store?
Walgreens was the worst stock in the S&P 500 last year. An analyst writes that it’s still “premature to say that Walgreens is on a stable path to growth” despite upbeat earnings.MarketWatch - 6d -
Emma Raducanu bitten by jumping ants
Emma Raducanu has become the latest victim of Australia’s famously hostile wildlife – although it was not spiders or snakes in her case, but rather “jumping ants”.Yahoo Sports - 6d -
Italy’s luxury wineries rely on illegal migrant workers
Barolo, Barbaresco and other high-end wines made in Langhe region grapple with dependence on undocumented labourersFinancial Times - 6d -
Gregg Berhalter on time with USMNT: 'One of the most successful periods U.S. national team ever had'
Berhalter coached the USMNT from 2019 to 2024CBS Sports - Jan. 9 -
As Art Sales Fall, Christie’s and Sotheby’s Pivot to Luxury
With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets on selling handbags, classic cars and niche experiences.The New York Times - Jan. 9 -
Nvidia’s stock falls further — but analysts see a future that’s brighter than ever
Nvidia’s talk of huge market opportunities in autonomous driving and robotics is “potentially comforting for investors thinking about what might come next for the company,” an analyst says.MarketWatch - Jan. 8 -
British luxury carmaker Rolls-Royce says super rich fueling a demand boom for bespoke models
BMW-owned Rolls Royce Motor Cars, like other luxury car brands, has seen an uptick in demand for bespoke and complex car models in recent months.CNBC - Jan. 8 -
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Tech stocks got slammed because economic data sparked a jump in bond yields
Data on job openings and service-sector activity sent markets into “good news is bad news” mode on Tuesday.MarketWatch - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
Palantir has this rare distinction as Morgan Stanley says stock price is too high
Morgan Stanley assigned a new analyst to cover hot artificial intelligence stock Palantir Technologies, and the Wall Street firm joined the ranks forecasting worse times ahead for the stock.MarketWatch - Jan. 7 -
Palo Alto Networks’ stock could fall nearly 30% if this ‘sell’ call plays out
A Guggenheim analyst says that investors should take a closer look at several key metrics.MarketWatch - Jan. 6 -
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Ravens players lose it after 355-pound DT Michael Pierce's INT: 'The most crazy, amazing play in NFL history'
Michael Pierce is the heaviest player to record an interception since at least 2000.Yahoo Sports - Jan. 5 -
PSU's Franklin: 'Too early' to say if Carter plays
Penn State coach James Franklin says it's "too early" to determine whether All-American defensive end Abdul Carter (shoulder) will play in the CFP semifinals against Notre Dame.ESPN - Jan. 4 -
Sabres Should Extend Surging Forward Right Now
The Sabres forward is making a serious case for a contract extension.Yahoo Sports - Jan. 4 -
Appropriately with a fadeaway jumper, LeBron passes Jordan for most 30+ point games ever
LeBron now has 563 30+ point games in his 22-year NBA career, including three of his last four games.Yahoo Sports - Jan. 4 -
‘There will be a bit of a slump’: London braced for luxury hotel glut
Biggest number of room openings in more than a decade prompts concerns about oversupply and price cutsFinancial Times - Jan. 4 -
Thai PM declares luxury handbags, watches among $400 million in assets
Thailand's youngest-ever leader has more than 200 designer handbags worth over $2 million, as well as property in London and Japan, her party said.CBS News - Jan. 3 -
Believe it or not: The Cavaliers are one of the most dominant teams we've ever seen
Can Cleveland win it all this year?Yahoo Sports - Jan. 3 -
Stakt Mat review: The most versatile exercise mat I’ve ever used
I’ve tested the Stakt Mat for over a year — it’s now essential to my yoga, Pilates, barre and strength workouts.NBC News - Jan. 3 -
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Dollar surges against the euro and sterling
US jobs data adds to investor confidence over strength of American economyFinancial Times - Jan. 2 -
Aaron Rodgers: "If I wanna play and they don't want me here, then I'll see if there's other options."
On the first day of the New Year, Jets quarterback Aaron Rodgers gave what might have been his last midweek press conference with the Jets.Yahoo Sports - Jan. 2 -
UK's biggest ever dinosaur footprint site unearthed
About 200 footprints made by dinosaurs 166 million years ago have been unearthed in a quarry in Oxfordshire.BBC News - Jan. 2 -
The Music Is Too Loud. That’s the Point.
Vinyl-focused listening bars inspired by ones in Japan are opening across New York, attracting audiophiles and city dwellers looking for a respite from the cacophony outside their doors.The New York Times - Dec. 30