Oxford Industries says new Lilly Pulitzer offerings are winning over shoppers, but its Tommy Bahama line is lagging

Resort-style clothing maker Oxford Industries Inc. on Wednesday offered up mixed second-quarter results and third-quarter expectations, and said that while new Lilly Pulitzer offerings were attracting shoppers, its Tommy Bahama…

Continue ReadingOxford Industries says new Lilly Pulitzer offerings are winning over shoppers, but its Tommy Bahama line is lagging

Stablecoins could help the dollar remain the world’s No. 1 reserve currency — but not through Treasury-bill buying

Stablecoins could help the U.S. dollar stay the world’s No. 1 reserve currency, but not in the way that many have assumed, according to Deutsche Bank Research. Source link

Continue ReadingStablecoins could help the dollar remain the world’s No. 1 reserve currency — but not through Treasury-bill buying

CoreWeave’s stock has surged 38% in 4 days. Why investors might be getting ahead of themselves.

The AI play is benefitting from surging cloud-computing demand. But if it wants to stay successful, the company must create a differentiated product offering, analysts say. Source link

Continue ReadingCoreWeave’s stock has surged 38% in 4 days. Why investors might be getting ahead of themselves.

Family offices favor this area of bonds ahead of potential Fed rate cuts, Goldman Sachs finds

As the bond market signals the Fed may resume its interest-rate cutting cycle as soon as next week, investors are weighing how much duration risk to take in fixed income.…

Continue ReadingFamily offices favor this area of bonds ahead of potential Fed rate cuts, Goldman Sachs finds