The UK retailer forecasts continued earnings pressure after reporting a 6.4% fall in full-year profits for FY26. JD Sports reported a 6.4% decline in full-year profits for FY26, citing ongoing challenges in consumer demand and operational costs. The company warned investor
Crypto liquidations totaled $520M in 24 hours as Bitcoin retreated, while equities rallied on U.S.-Iran cease-fire hopes. Bitcoin fell below $81,000, trading at $80,964 (-0.38%), after a recent rally lost momentum. The pullback triggered $520M in liquidations across crypto
American Bitcoin cuts per-coin costs to $36,200, positioning itself as a low-cost leader amid industry shifts toward AI. American Bitcoin, a miner linked to the Trump family, reduced its cost per Bitcoin by 23% in Q1 to approximately $36,200. The drop from $46,900 in Q4 20
The firm highlights strong growth potential in Japan’s gaming sector amid rising global demand for interactive entertainment. Bernstein has upgraded two Japanese video game stocks to Outperform, citing robust industry fundamentals and long-term growth prospects. The firm e
Europe’s largest residential landlord maintains full-year outlook after reporting first-half earnings and sales figures. Vonovia reported non-GAAP earnings per share of €0.43 and revenue of €1.26 billion for the period. The figures reflect stable rental income and cost man
New Delhi aims to support exporters facing disruptions from heightened geopolitical tensions in the Middle East. India will strengthen its export incentive scheme to counter trade disruptions caused by the escalating conflict involving Iran. The move targets sectors vulner
Traders await UK election outcomes as the currency pair stabilizes below key resistance at 0.8650. EUR/GBP has stabilized around 0.8620, finding support after recent declines but struggling to break above 0.8650. The pair remains rangebound as investors await clarity from
Cryptocurrency markets retreat as geopolitical risks and investor strategy shifts weigh on sentiment. Bitcoin fell below $81,000 in early trading, reflecting investor caution amid escalating geopolitical tensions in the Middle East. The decline follows reports of Iran’s mi
Nekkar reported higher Q1 2025 revenue but saw its stock price drop following the earnings announcement. Nekkar announced a revenue increase for Q1 2025 during its earnings call, driven by stronger demand in its core markets. The company did not disclose exact figures but
The Italian bank moves toward divesting assets in Russia amid ongoing geopolitical tensions and sanctions pressures. UniCredit has reached a non-binding agreement to sell parts of its Russian business, marking a step toward reducing exposure in the region. The deal follows
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