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Hedge Fund Sentiment Turns Sour On Market's Darlings, HazelTree Data Indicates
Wednesday, August 9, 2023 - 1:23pm | 607Hedge funds are raising eyebrows by taking a bearish stance on some of the hottest sectors, namely electric vehicles (EVs), luxe brands and AI tech. What Happened: Insights from HazelTree, known for offering treasury services to the big institutional players, show that top hedge funds are prepping...
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China's Growth Disappointment Is Moving Stocks Monday: Tencent, PDD Holdings And Luxury Goods
Monday, July 17, 2023 - 11:09am | 494China’s recent release of mixed economic data is weighing on U.S.-listed Chinese equities and sectors strongly linked to Chinese growth on Monday. China’s economy grew 6.3% YoY in Q2 2023, missing the market’s projected 7.3% rise. This marks a jump from Q1’s 4.5% increase....
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French CAC 40 Index Rockets To New Heights On Luxury Stocks' Wings As US Inflation Rate Slows
Wednesday, April 12, 2023 - 9:16am | 350The French CAC 40 stock index, which is tracked by the iShares MSCI France ETF (ARCA: EWQ), reached an all-time high on Wednesday, as U.S. inflation data showed CPI rose by 5% year-over-year in March, down from February's 6% annual increase. The CAC 40 index extended beyond 7,400 points,...
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4 Companies To Join Hot IPO Market This Week, Bringing Exposure to Vaping Sales In China And Luxury E-Commerce
Sunday, January 17, 2021 - 10:01am | 868The hot IPO market continues with four more additions in the shortened four-day trading week ahead. Here's a preview of what's coming. Dream Finders Homes: One of the nation’s fastest growing homebuilders is set to go public this week under the Nasdaq ticker symbol DFH with...
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Alibaba Ropes In Gucci To Attract Brand-Conscious Chinese Shoppers
Friday, December 18, 2020 - 5:55am | 402Alibaba Group Holding Ltd (NYSE: BABA) said in a statement Friday that the fashion brand Gucci — owned by Kering SA (OTC: PPRUF) — would be launching two flagship brands on its luxury e-commerce platform. What Happened: Gucci's line would be available on Alibaba’s Tmall...
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Forrester Research Analyst: Yes, There Is Still Growth In Physical Retail
Thursday, July 5, 2018 - 3:09pm | 388Physical retail is still relevant, although it looks much different than it has in the past, according to one leading sector analyst. The Analyst Forrester Research's Sucharita Kodali discussed the state of retail on CNBC's "Squawk Box." The Thesis Malls anchored by...
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Are Counterfeit Items Of Superior Quality When Compared To The Genuine Article?
Tuesday, June 14, 2016 - 11:15am | 339Counterfeit items are a low quality knock-off of the original. Or are they? According to Jack Ma, Alibaba Group Holding Ltd (NYSE: BABA)'s founder and chairman, counterfeit goods made in China are of superior quality. Bloomberg quoted the executive as saying during an investor conference on Tuesday...
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Who Was The Best Luxury Brand Of 2014?
Wednesday, December 31, 2014 - 12:24pm | 1202Consumer confidence is high in the United States, which is essential for purchasing luxury brands because consumers must feel secure about their purchases. How has this sentiment impacted luxury brands throughout 2014? Michael Kors Michael Kors Holdings Ltd (NYSE: KORS) began 2014 on the...
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3 Reasons To Be Bullish About Luxury Brand Stocks
Thursday, March 6, 2014 - 12:58pm | 599Everybody brings their "A" game to the "Invest for Kids Conference" in Chicago. The conference is a gathering of the biggest names in finance, such as Norman Peltz and Sam Zell, pitching their best ideas to benefit a great cause. At the event in late October, Peter Zaldivar of Kabouter...