PVH Corp, known for its brands Calvin Klein and Tommy Hilfiger, recently issued a forecast that has sparked discussion in financial markets. Despite analysts’ warnings of declining revenue, the company expects sales this year to either grow slightly or remain on par with last year. This announcement led to a 14% rise in the company's stock in after-hours trading in New York.
Shares of Lululemon Athletica Inc. have dropped after the sportswear brand released forecasts that fell short of analysts' expectations. The yoga apparel brand expressed concern over consumer spending in the United States, signaling potential challenges in the near future.
Recent news about Adidas AG has captured the attention of both analysts and investors. The German athletic apparel brand announced a revised profit forecast for the year, which caused a notable drop in its stock prices and raised concerns within the market.
The cryptocurrency market is increasingly drawing the attention of both individual investors and institutional players. Recently, investment company VanEck released its projections regarding the growth of one of the most promising cryptocurrencies, Solana $SOL. According to VanEck's analysts, the price of Solana could reach $520 by the end of 2025.