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...Does that make it a good candidate for investment? Legendary investor Peter Lynch thought so....
...group LVMH....
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
...The “wordcels” — people who are good with words — will be hit the most. GPT-5, which could come out this summer, is likely to be ten times more powerful than GPT-4....
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...Good morning. It is both All Saints’ Day and Fed day....
...“The higher the number, the better, although what is considered to be a good number will depend on the industry sector,” she says....
...On Wednesday, Epic disclosed an email dated February 23 in which Apple executive Phil Schiller requested “written assurance” from Epic that it was “acting in good faith” with Apple, and confirmed the termination...
...The so-called “grave goods” were meant to follow their owners into the afterlife. In reality, “a lot of them ended up at the V&A”....
...That’s what interests Sangheum Cho, of the World Bank’s Development Research Group, who’s been using ChatGPT to pick buy-sell portfolios after feeding it with fintwit....
...The US group wrote down the value of its 35 per cent stake in Juul to just $250mn before swapping it for intellectual property rights to some of Juul’s heated tobacco prototypes....
...“When you see a fork in the road, take it” is not good personnel advice....
...Joy Group has also set up operations in countries including Japan, Malaysia and Canada....
...That worked out to nearly 12 per cent of group total. On a profit level, the card deal carries even more weight....
...The number of different group chats and individual messages creates a constant background noise that it is possible to dip in and out of in a way that feels addictive, if not always productive....
...From there, Johnsen narrowed the list down to four fragrances, with two last-minute submissions coming from Epinette (Lesedi La Rona III and V)....
...“They are trying to revamp and reignite the brand at a time when general consumption of luxury goods is slowing down,” says HSBC’s director of equity research for luxury and sporting goods Aurelie Husson-Dumoutier...
...Good morning. Unhedged spent a good chunk of last week trying to make sense of two newly listed companies: Reddit and Trump Media & Technology Group. On Monday, both sold off hard....
...So while the hype cycle for this new game is only just beginning, and may well be suffocating by this time next year, GTA VI is looking good....
...Billy Gifford, Altria chief executive, said the move was the “appropriate path forward for our business”....
...Bigger US prizes down the line include Nvidia-backed software group Databricks, valued at $43bn in a funding round last year and payments group Stripe, worth about $50bn....
...One good read Lina Khan’s right-wing friends....
...For up-to-the-minute news updates, visit our live blog Good evening. Could this be the day Big Tech finally met its match?...
...He added: “Hostmore has made good progress in executing its turnaround strategy over the past year.”...
...WhatsApp to WesPete: Really good to talk last week Wes. I’m obsessed with the AI implementation in the first years....
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