
The Japanese yen is in a strong uptrend this week, reaching its highest level since February this year. The USD/JPY pair dropped to 154.28, down by nearly 6% from its highest level this year. This retreat will be put to the test ahead of major macro events in the next two weeks. Odds of BoJ […]
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Securitize and Socios.com have agreed to develop regulated tokenized equity offerings representing minority interests in professional sports teams. The announcement describes a framework for future offerings, not a completed issuance: no team, valuation, token price, launch date or investor terms have been disclosed. The proposed products would use the Socios Equity Token name and remain […]
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Lululemon beat its own earnings guidance by more than 60% and the stock fell 17.4% in a single session. That is not a typo, and it is the cleanest illustration this year of how little a headline EPS number means on its own. lululemon athletica inc. (NASDAQ: LULU) closed at $100.61 on Friday 4 September […]
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SanDisk stock SNDK has gained 500% this year so far. While the memory market has been notoriously cyclical, SanDisk is attempting to reduce its exposure to the traditionally cyclical NAND memory market through a new long-term agreement business model. Under these agreements, the company commits to delivering specified volumes of products over multiple years, while […]
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