Latest news with #Sola
Business Insider
4 days ago
- Business
- Business Insider
Why LVMH Stock (MC) Is Catching Wall Street's Attention
French luxury products company LVMH Moët Hennessy Louis Vuitton, or LVMH (FR:MC) (LVMUY), is drawing strong support from Wall Street as several analysts maintain their Buy ratings. The recent wave of bullish ratings came despite the company reporting a challenging Q2 for 2025. Year-to-date, MC stock has declined more than 25%, reflecting broader market pressures on the luxury sector. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. LVMH is a European fashion house known for its iconic luxury brands like Louis Vuitton, Sephora, Fendi, Bulgari, and more. The company is primarily listed on the Euronext Paris exchange but also trades over-the-counter (OTC) in the U.S. LVMH Q2 2025 Results Overview In Q2, LVMH's core fashion and leather goods segment saw a sharp drop in sales, falling 9% year-over-year. The decline was larger than analyst expectations and marked the steepest drop among all of LVMH's business segments. This reflected continued weak demand for luxury products amid rising prices and economic uncertainty. Overall, LVMH's net profit dropped 22% year-over-year in the first half, while operating profit fell 15%. Looking ahead, the company warned that a full recovery will take time as it faces an industry-wide slowdown, with softer demand from Chinese shoppers and ongoing uncertainty among U.S. consumers. Wall Street Analysts Stay Bullish Despite the lackluster results, analysts have maintained their buy ratings on MC stock. Four-star-rated analyst Luca Solca at Bernstein reiterated his Buy rating on MC stock at a price target of €600, implying more than a 30% growth rate. Sola stated that the recent results showed effective cost control despite weak demand. He added that focus will now shift to how the company tackles its challenges and the potential impact on its business in the second half of the year. Likewise, RBC Capital's analyst Piral Dadhania maintained his Buy rating. He noted that while LVMH's recent underperformance presents a 'fairly attractive' risk/reward, it is supported by an expected near-term boost in Fashion & Leather Goods from easier comparisons. Is LVMH Stock a Good Buy? Overall, MC stock has received a Moderate Buy rating on TipRanks, backed by a total of 19 recommendations from analysts. It includes 10 Buys and nine Holds assigned in the last three months. The LVMH share price target is €565.14, which is 20% higher than the current trading level.
Time of India
7 days ago
- Time of India
Four held for attack on hit-and-run accused on court premises, granted bail
SLUG: FATAL SHIVRANJINI CRASH Ahmedabad: Four men who allegedly attacked 20-year-old BBA student Rohan Soni, accused in a fatal hit-and-run near Shivranjini Crossroads, on the premises of Gheekanta court, were arrested on Tuesday night and released on bail the next day. The attack occurred on Tuesday afternoon when police brought Soni to court for remand. According to the FIR lodged by police sub-inspector Mehulkumar Sindhav of N Division traffic police, the accused — identified as Adil Shaikh, Uzaif Ajmeri, Sahid Mirza, and Ayaman Ajmeri — emerged from a crowd of media personnel and relatives of the deceased and began assaulting Soni as soon as he stepped out of the police vehicle. You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad | Gold Rates Today in Ahmedabad | Silver Rates Today in Ahmedabad Officers rushed Soni inside to prevent further harm. In the process, the attackers allegedly assaulted police personnel and threatened to kill the accused. "Around 3.15 pm, as we arrived at the court compound where media personnel and relatives of the deceased were present, four individuals suddenly emerged from the crowd and began assaulting the accused. We intervened to protect him and were also assaulted, preventing us from performing our duty. One of the attackers threatened us, saying, 'He killed our man, kill him too,'" the complaint stated. The Karanj police booked the four under BNS sections 115(2) (voluntarily causing hurt), 121(1) (voluntarily causing hurt or grievous hurt to deter a public servant from duty), 351(3) (criminal intimidation), along with other relevant provisions. Police said the attackers were related to the two victims of the hit-and-run — Akram Qureshi (35), who died on the spot, and Ashfaq Ajmeri (22), who succumbed to injuries at Sola Civil Hospital. Investigators allege that Soni was racing with three friends at around 1.30 am on Monday when his vehicle rammed into the two-wheeler, throwing both victims nearly 100 feet from the point of impact. Following the court proceedings, police reported the assault to senior officers and initiated a separate case against the four accused. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
Time of India
12-08-2025
- Time of India
Shivranjini crash accused faces public anger in court
1 2 3 Ahmedabad: Rohan Soni, the 20-year-old BBA student accused in the fatal hit-and-run case near Shivranjini Crossroads, on Tuesday faced public anger when people assaulted him on the premises of Gheekanta court where he was presented by police for remand. The group attacked Soni as soon as he stepped out of the police vehicle. Policemen quickly moved him inside to prevent further assault. The court granted police remand till 1.30pm, Aug 14. Police told the court that Soni was racing with three friends on the stretch around 1.30am on Monday morning when he crashed into two men on a two-wheeler, sending them flying 100 feet from impact, and leading to their deaths. Akram Qureshi (35) died on the spot while Ashfaq Ajmeri (22) succumbed to injuries at Sola Civil Hospital. Both were residents of Jamalpur. Cops are looking for Soni's friends who were allegedly racing with him. Sources said the car was decorated for a birthday celebration and that more people were present inside the vehicle during the crash. According to traffic police officials, Soni had touched speeds of about 100 mph and was driving on the wrong side of the road near the Jhansi ki Rani BRTS bus stop, having overtaken a private bus before ramming into the scooter. You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad | Gold Rates Today in Ahmedabad | Silver Rates Today in Ahmedabad Police officers said that they will add the charge of culpable homicide not amounting to murder under Bharatiya Nyaya Sanhita's Section 105 as Soni treated city roads as a racing track despite knowing it might end up killing someone. Police records show Soni has prior traffic violations, including overspeeding, driving with dark tinted windows, driving without documents, and altercations with police. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
Yahoo
05-06-2025
- Business
- Yahoo
FastWave Medical completes initial procedures in study of IVL system
FastWave Medical has completed the initial first-in-human procedures in the multicentre feasibility study of the Sola coronary laser intravascular lithotripsy (IVL) system. The study is designed to evaluate the performance and safety of Sola in individuals with calcified coronary artery disease. According to the company, this rupture-resistant balloon catheter allows physicians to treat hardened calcium in blood vessels with control and precision. The system's laser energy claims to deliver a 360-degree pressure with every pulse, ensuring therapeutic consistency even in challenging lesions. Each energy pulse of the system delivers circumferential sonic pressure to any lesion for multidirectional, predictable performance. This latest development follows the company's first-in-human study of its peripheral electric IVL system, Artero, which demonstrated a complete procedural success rate without any adverse events observed at a 30-day follow-up. The findings from the Sola study are expected to inform the company's regulatory submissions and the design of its pivotal US trial, paving the way for obtaining approval from the Food and Drug Administration (FDA). FastWave Medical technology head Sukanya Iyer said: "Our team set out to reimagine what's possible with coronary IVL. "Seeing Sola perform in human cases reinforces our commitment to give clinicians cutting-edge tools for their high-risk patients." FastWave focuses on next-generation IVL technology, aiming at treating calcific artery disease in both peripheral and coronary applications. It has raised over $40m in venture financing to progress its dual-platform IVL systems. FastWave Medical COO Tristan Tieso said: "Every step of developing Sola has focused on solving the real-world problems physicians face in treating complex arterial disease.' Last month, the Institutional Review Board granted approval for the company to commence the coronary feasibility study using Sola. "FastWave Medical completes initial procedures in study of IVL system" was originally created and published by Medical Device Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Mayor
22-05-2025
- Business
- Business Mayor
Best Crypto Presale to Buy: Why Solaxy Can Explode as ICO Passes $38M
Solaxy (SOLX), a project building a Layer-2 scaling solution for Solana, has passed $38 million in raised funds, making it one of the largest meme coin presales of 2025. With the Solana meme coin market cap valued at $12.8 billion, Solaxy enters a market that is showing no signs of slowing down. Yet Solana's rise has not been without friction, network congestion continues to plague the system during peak times. Solaxy aims to tackle this challenge head-on with its innovative solutions. Currently priced at $0.001728 per token, SOLX increases in value with every new presale stage, giving early participants an edge before exchange listings go live. This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Solaxy Addresses Solana's Growing Pains With more users entering the Solana ecosystem, issues around network congestion and failed transactions are becoming increasingly evident. Solaxy aims to fix this issue with its upcoming Layer-2 scaling solution. Instead of having every transaction processed on Solana's mainnet, Solaxy plans to execute most operations off the main chain. This offloading strategy enables transactions to be bundled together and settled later on Solana's base layer, helping minimize lag and reduce failure rates. What makes Solaxy especially innovative is its customizable framework. Developers will be able to tailor dApps to suit their own unique needs, whether that's DeFi applications, NFT platforms, or high-traffic meme coin projects. This flexibility allows for broader use-case implementation beyond traditional blockchain limitations. Solaxy is also expanding its ecosystem with Ethereum compatibility on the roadmap, setting the stage for potential cross-chain functionality and wider liquidity access. On the tech front, the recent launch of Solaxy's testnet block explorer and bridge showcases its development transparency. Users can already view live testnet data, offering insight into how the full rollout may look. Analysts Believe Solaxy Has Long-Term Potential ClayBro, a crypto analyst and YouTuber with over 136,000 subscribers, has recently shared his optimistic outlook on Solaxy. He notes that Layer-2 blockchain tokens historically tend to perform well in bullish markets, something the current $3.5 trillion crypto market landscape seems to support. According to ClayBro, Solaxy's strength lies in its dual appeal: it offers both a strong meme coin narrative and genuine utility. He emphasizes that most of the project's impressive $38 million presale raise took place during Q1 2025, a period many viewed as volatile and uncertain. This early traction is a strong indicator of investor confidence. As Solaxy prepares for broader adoption, ClayBro suggests that it could become a long-term player in the scaling solutions space, especially if it properly executes the current roadmap plans. Earn Passive Income Through Solaxy Staking Solaxy is also gaining traction for its staking rewards. The project currently offers an impressive 107% APY (annual percentage yield), allowing SOLX holders to earn passive income by locking up their tokens. At present, over 10.7 billion SOLX tokens have already been staked, a figure that continues to grow. As more tokens are committed to the staking pool, the APY is expected to decrease, creating an incentive for early adopters to lock in higher rates. This staking model not only encourages user engagement but also contributes to token scarcity and long-term ecosystem health. How to Buy Solaxy in Presale Momentum behind the Solaxy presale shows no sign of slowing. With over $38 million raised, demand is surging as investors look to secure their SOLX holdings before the price increases in upcoming stages. SOLX tokens are available for purchase through the official Solaxy presale website using ETH, USDT, BNB, or bank cards. Additionally, buyers can access the token via the Best Wallet app, which is available on both Android and iOS platforms. Between its upcoming Layer-2 rollout, strong analyst sentiment, and attractive staking incentives, Solaxy is positioning itself as a standout presale of 2025. While no investment is without risk, Solaxy's development roadmap and community traction make it a project worth monitoring closely. Visit Solaxy Presale This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.
