Latest news with #Stocktwits
News18
7 days ago
- Business
- News18
How China Is Crippling Global Luxury Brand Louis Vuitton's Parent Company
Last Updated: According to a Bloomberg report, LVMH indicated that it had failed to meet market expectations in the last quarter, with particularly sharp declines in Asia. The glitter of the global luxury market continues to dim, after industry titan LVMH, the short for Moët Hennessy Louis Vuitton and also the parent company of popular brand Louis Vuitton, signalled an ongoing weakness across key markets. The Paris-headquartered conglomerate, home to iconic brands like Louis Vuitton, Dior, and Tiffany & Co, warned investors and analysts that sluggish demand, especially in China, is likely to persist into the second quarter. According to a Bloomberg report, LVMH indicated that its recent sales struggles may not abate anytime soon. The company failed to meet market expectations last quarter, with particularly sharp declines in Asia. Organic revenue growth across China and the broader Asia-Pacific region dropped by 11%, mirroring the fall seen over the past year. This region is critical for the luxury giant, accounting for roughly 30% of its total revenue, while the United States contributes another 24%. The downturn in China, historically a powerhouse for luxury consumption, is being driven by a mix of weak consumer sentiment and macroeconomic challenges. The country's post-pandemic economic recovery remains tepid, and fresh trade tensions, exacerbated by new US tariffs, are further dampening consumer confidence. This grim forecast has cast a long shadow over the broader luxury sector. Companies like Kering (owner of Gucci), Richemont (parent of Cartier), Tapestry, Ralph Lauren, and Capri Holdings are all expected to feel the ripple effects. Capri, notably, recently sold its Versace label to Prada for $1.4 billion, underscoring the shifting tides within the industry. Investor sentiment is also undergoing a notable shift. On social media platform Stocktwits, traders' outlook on LVMH has cooled, with sentiment sliding from 'bullish" to 'neutral", a sign that optimism about a quick rebound is waning. Founded in 1987 through the merger of Moët Hennessy and Louis Vuitton, LVMH has grown into the world's largest luxury goods conglomerate. Under the stewardship of chairman and CEO Bernard Arnault, currently one of the richest individuals globally, the company has expanded its footprint across fashion, jewellery, watches, perfumes, wines, and spirits. Its impressive portfolio includes names like Fendi, Givenchy, Bulgari, and Hennessy, catering to affluent clientele in nearly every corner of the globe. But even this powerhouse is not immune to macroeconomic headwinds. As China, once the jewel in the crown of global luxury, retreats from its spending highs, the future of the sector is increasingly uncertain. American consumers, too, are showing signs of restraint, potentially exacerbated by political and fiscal uncertainty ahead of the 2024 US elections. All Eyes on Ralph Lauren Amid the sector's growing uncertainty, some investors are watching Ralph Lauren's upcoming results for clues about the future direction of luxury retail. The US label, known for its aspirational branding and international presence, may provide early signs of whether the slump is spreading or if a rebound could be on the horizon. Watch India Pakistan Breaking News on CNN News18. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! First Published: May 22, 2025, 18:31 IST
Yahoo
24-05-2025
- Business
- Yahoo
XRP, Dogecoin, Shiba Inu Waiting To Pump: 'They Dominate Mindshare, They Can Lead In Culture,' Expert Says
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin's (CRYPTO: BTC) recent surge to an all-time high of $111,900 has reignited discussions about its market dominance and the potential implications for altcoins. As Bitcoin's dominance approaches 64%, analysts are closely monitoring whether this trend will lead to a capital rotation into alternative cryptocurrencies. Historically, a rise in Bitcoin's dominance often precedes a shift where investors begin to diversify into altcoins. Trending: — no wallets, just price speculation and free paper trading to practice different strategies. Speaking with Benzinga, Alice Liu, Head of Research at Coinmarketcap, noted, 'With Bitcoin dominance climbing toward 63.3%, there's potential for short-term altcoin rotation.' She emphasized that as Bitcoin maintains its position above key levels, retail-driven tokens like Dogecoin (CRYPTO: DOGE), XRP (CRYPTO: XRP), and Shiba Inu (CRYPTO: SHIB) could garner renewed attention, especially if accumulation by whales and retail wallets continues and broader sentiment remains in 'Greed.' The sentiment among retail investors is also shifting. Tom Bruni, VP of Community at Stocktwits, told Benzinga, 'Over half our community sees Bitcoin hitting $150,000 in 2025, and nearly 50% expect altcoins to outperform this year.' He highlighted the enduring appeal of legacy tokens, stating, 'Legacy tokens like XRP, DOGE, and SHIB continue to dominate mindshare. Whether or not they lead in tech, they've proven they can lead in culture.' While some altcoins may benefit from this potential rotation, others might not experience the same Barthere, Principal Research Analyst at Nansen, pointed out, 'XRP, for instance, previously benefited from speculative momentum tied to potential inclusion in FX reserves, a tailwind that is no longer present, unlike Bitcoin.' She emphasized the importance of clear catalysts for altcoins to drive performance in the current market environment. Kelghe D'Cruz, CEO of Pairs, highlighted the cyclical nature of the crypto market, stating, 'The typical market cycle tends to follow a well-known pattern: Bitcoin runs up first, its dominance plateaus, and then altcoins begin to move.' He expressed optimism about Dogecoin's future, mentioning the upcoming launch of DogeOS as a potential transformative initiative for the token. However, not all experts are equally optimistic about all altcoins. Eneko Knörr, CEO of Stabolut, expressed skepticism about meme coins, stating, 'Retail might chase them for hype cycles, but I believe other altcoins will offer stronger fundamentals and better long-term upside.' He acknowledged that XRP still has a defined use case and loyal community, which might help it maintain relevance. Joe Z, Co-founder of DeAgentAI, emphasized the potential for capital rotation into altcoins, noting, 'If Bitcoin maintains its position above $110,000, we could see strong allocations across OG altcoins like XRP, DOGE, and SHIB, especially among retail investors seeking higher returns than what BTC can provide in the short term.' He also highlighted technological developments like Shibarium as potential catalysts for SHIB's upward price momentum. Read Next: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase. A must-have for all crypto enthusiasts: Sign up for the Gemini Credit Card today and earn rewards on Bitcoin Ether, or 60+ other tokens, with every purchase. Image: Shutterstock Send To MSN: Send to MSN This article XRP, Dogecoin, Shiba Inu Waiting To Pump: 'They Dominate Mindshare, They Can Lead In Culture,' Expert Says originally appeared on
Associated Press
13-05-2025
- Business
- Associated Press
Stocktwits to Sponsor Ladenburg Thalmann Innovation EXPO25 on May 21, 2025
NEW YORK, NY - May 13, 2025 ( NEWMEDIAWIRE ) - Stocktwits, the premier social media platform dedicated to investors and traders, today announced its sponsorship of the Ladenburg Thalmann Innovation EXPO25, to be held on May 21, 2025, at Convene, 101 Park Avenue, New York, NY. The Ladenburg Thalmann Innovation EXPO25 is a full-day event that brings together a curated group of innovative technology companies and institutional investors to participate in presentations, one-on-one (1x1) meetings, and networking. The conference will feature approximately 50 public and private companies leveraging AI in innovative and breakthrough ways. Companies will present across three dedicated tracks and have the opportunity to demonstrate their products live in the 'Ladenburg Expo format.' Stocktwits joins a distinguished group of supporters who are helping to make this event possible. As a sponsor, the firm will participate in conference activities and benefit from enhanced visibility with public company executives, institutional and high-net-worth investors, and industry professionals. 'We're pleased to support and participate in the Ladenburg Innovation EXPO25, an exciting event celebrating transformative companies and brokering meaningful connections with investors and advisors,' said Scott Rushlow, Stocktwits Director of Sales. 'Ladenburg Thalmann is proud to host an event that provides a direct forum for engagement among leaders in innovation and capital markets,' said Mark Green, Managing Director, Investment Banking at Ladenburg Thalmann. 'Our role as the Marketing Partner is to help ensure that sponsors, company representatives, and investors build meaningful relationships,' said David Shapiro, CEO of B2i Digital, Inc. 'I envision a 3-legged stool when conceptualizing the capital markets. You need all 3: public companies, investors and service providers to ensure efficient market operations. The invaluable advice provided by industry leading service providers cannot be underestimated.' The Ladenburg Innovation EXPO25 includes company presentations, product demonstrations, and one-on-one meetings, with breakfast, a buffet lunch, and refreshments provided. The event builds on a long tradition of successful in-person gatherings hosted by Ladenburg Thalmann. About Stocktwits Stocktwits is the premier social media platform dedicated to TradFi and DeFi investors and traders. With an active community of over 10 million users, Stocktwits has established itself as a leading voice in the investing world. Driven by the mission to help investors enhance their returns, Stocktwits offers a rich ecosystem of community interaction, data, content, and tools that empower investors to connect, learn, and have fun in the process. For more information, visit Contact: Scott Rushlow [email protected] About Ladenburg Thalmann Ladenburg Thalmann is a US middle market diversified financial services firm headquartered in New York and engaged in investment banking, focusing on fundraising, buyside & sellside M&A, high-yield debt, and private equity access for public and private companies. The firm also provides equity research, institutional sales and trading, independent brokerage, advisory services, trust services, and asset management. Together with its parent, Osaic, Ladenburg Thalmann has over 12,000 financial advisors in the US, managing over $650 billion in client assets. Ladenburg is a member of NYSE, NYSE American, FINRA, all other principal exchanges, and SIPC. Securities are offered through Ladenburg Thalmann & Co. Inc. broker-dealer, and advisory services are offered through Ladenburg Thalmann Asset Management ('LTAM'), an SEC registered investment advisor. Ladenburg Thalmann Contact: Mark Green [email protected] 800.995.5267 About B2i Digital, Inc. B2i Digital, Inc. leverages the latest digital marketing technologies to tell a company's story to retail investors, institutional investors, and research analysts. B2i Digital creates robust profiles for companies on its platform, and launches targeted digital marketing campaigns to bring the most relevant investors to each company based on its sector, stage, and overall company story. B2i Digital was founded in 2021 by David Shapiro, previously the Chief Marketing Officer and an investment banker at Maxim Group LLC. David was also one of the founders of Maxim's investor awareness platform, B2i Digital Contact Information: David Shapiro Chief Executive Officer B2i Digital, Inc. 212.579.4844 Office [email protected] View the original release on
Associated Press
12-05-2025
- Business
- Associated Press
Stocktwits Launches Cryptotwits, Bridging Traditional Finance and Crypto for 10M+ Investors
NEW YORK, May 12, 2025 /PRNewswire/ -- Grayscale joins as Official Asset Management Partner alongside additional Founding Partners Stocktwits, the largest global social platform for investors and traders with more than 10 million users, today announced the launch of Cryptotwits to bring the company's leading sentiment data and social trading insights to the cryptocurrency market. Supported by a new roster of crypto finance partners, Cryptotwits arrives at a pivotal moment as the lines between TradFi and DeFi continue to blur. Cryptotwits aims to educate Stocktwits users, crypto newcomers, and market enthusiasts, building on a legacy of real-time discussions and trusted community insights that have made Stocktwits the go-to platform for retail investors and early market signals. 'The crypto market has long lacked a trusted social platform for authentic community insights and real-time sentiment,' said Howard Lindzon, CEO of Stocktwits. 'As the pioneers of social finance, Stocktwits fills this critical gap with Cryptotwits, powered by our millions-strong investor community and more than a decade of experience separating signal from noise. It's the intuitive, investor-first platform the crypto world has been waiting for.' Cryptotwits will be the definitive bridge between traditional finance and crypto, providing immediate sentiment analysis, trending scores, and message volume metrics specifically tailored for crypto assets. It offers 17,000+ coin pages in a sleek dark mode design, signaling the shift from traditional tickers to digital assets. Users gain early market insight through proprietary indicators that blend social message volume with active trader sentiment, often surfacing signals faster than AI or price action alone, which most other crypto insights platforms rely on. A dynamic crypto trending bar, customizable watchlists, and advanced sentiment tools also make tracking real-time movers and community outlook easy. Cryptotwits is built into Stocktwits, so all 10 million existing users are automatically registered. Grayscale, the world's largest crypto-native asset manager, joins the launch of Cryptotwits as the Official Asset Management Partner. They'll also serve as Title Partner for Stocktwits' new show, 'Cryptotwits Daily,' a short-form daily covering top crypto news, market analysis, and under-the-radar trends. Gemini joins Cryptotwits as the Official Centralized Exchange Partner, natively integrating into Cryptotwits' top 10 coin pages to provide users with custom Gemini account offerings and trading capabilities on over 70 cryptos. They'll also present the Cryptotwits Watchlist, one of the most popular features on the platform, which enables users to track coins in real time based on trading volume and human sentiment metrics. In addition, Alto CryptoIRA, Helix App, MoonPay, and CoinGecko have signed on as Founding Partners, reflecting the platform's growing ecosystem of crypto service providers and investment solutions. For more information about Cryptotwits or to create an account, users can visit About Stocktwits Stocktwits is the premier social media platform dedicated to TradFi and DeFi investors and traders. With an active community of over 10 million users, Stocktwits has established itself as a leading voice in the investing world. Driven by the mission to help investors enhance their returns, Stocktwits offers a rich ecosystem of community interaction, data, content, and tools that empower investors to connect, learn, and have fun in the process. For more information, users can visit Contact Eunice Hwangbo [email protected] Photo - Logo - View original content to download multimedia: SOURCE Stocktwits
Forbes
12-05-2025
- Business
- Forbes
Stocktwits Jumps On The Crypto Bandwagon
Howard Lindzon, cofounder and CEO of Stocktwits, at MoneyConf 2018 in Dublin. (Photo By Stephen McCarthy/Sportsfile via Getty Images) Stocktwits is launching its boldest expansion in years with Cryptotwits, an offshoot of its 17-year-old social media platform for traders and investors, now with a focus on digital assets. This isn't just a product update. It's what prompted founder Howard Lindzon's return to the CEO chair after an eight-year hiatus, and a bet that the same formula that once worked for equities can resonate with the crypto crowd. He left the post in 2016 after nearly a decade at the helm, thinking someone else might steer the company better. But by 2024, dissatisfied with its drift toward brokerage, he decided to come back. An early investor in Robinhood and eToro, Lindzon believed Stocktwits had missed the window to compete with them. Shortly after his return early last year, the company sold its 15,000+ brokerage accounts to Public. 'I thought, let's just focus on what we do well—the 'degenerate' betting economy, crypto, having fun—and then AI will make our data more useful,' he says. 'It's taken about a year for the vision to happen.' Lindzon, 59, has a whole spiel about the 'degenerate economy.' What was once considered irresponsible behavior—speculative trading, high-risk bets, meme stocks and coins—has been normalized by a generation raised on smartphones, gamified finance apps and commission-free platforms. He even created a 'Degenerate Economy' Index composed of stocks like Robinhood, Coinbase, Reddit as well as bitcoin. It's up 38% over the past year. 'I do not endorse crypto,' Lindzon says. 'I don't endorse 99% of the stuff that kids are playing with that they don't understand. But I believe that these products are coming whether we like them or not. So we better learn how to trade them.' Cryptotwits is Stocktwits' answer to this new reality. It features more than 17,000 coin pages, proprietary indicators that blend message volume with trader sentiment and customizable watchlists. Rug-pull and FUD scores are on the way to help users avoid dubious projects. An integration with Gemini enables an easy navigation to trading dozens of popular cryptocurrencies, while Grayscale will co-sponsor a new Stocktwits show offering bite-sized market insights. Additional launch partners include crypto tracker CoinGecko, payments provider MoonPay, Alto CryptoIRA and Helix App. All of that data may be valuable, but much of crypto's social activity already happens on X, in Discord servers, Telegram chats and bottom-of-the-barrel shitcoin groups. Lindzon isn't blind to it. 'Hats off to Telegram and Twitter (X), but that's just an opportunity for Stocktwits, for this next generation of curious people who are already here and just discovering crypto,' he says. 'People still use Yahoo Finance, Google Finance, Apple Stocks. It's a huge white space, and we believe it's just the beginning.' The traction helps make the case. Since Lindzon's return, Stocktwits says monthly active users are up 20%. The total user base now exceeds 10 million, primarily aged 25 to 35. It's not X-level scale, but it's not nothing. And in Lindzon's view, you don't need 100 million users to matter. He sees room for a platform that lets people talk about crypto without diving headfirst into the deep end of the degen pool. Stocktwits' relatively strict moderation and 17-year-long history, in his view, are trust factors. The challenge, of course, is that much of the "degenerate economy" thrives on precisely the kind of unfettered, often toxic behavior that Stocktwits tries to filter. Can a platform that prides itself on rules and fighting bots truly capture the zeitgeist of a market that often glorifies anonymous founders and treats rug-pulls as a cost of doing business? 'Everybody's gone for the fast buck. Everybody can now be Goldman Sachs,' quips Lindzon. 'And that's not going to end. Nancy Pelosi is trading stocks (she has consistently denied this). Trump's got a Trump coin. The nihilism, or the degeneracy, is coming straight from the White House. Platforms like us, and hopefully X, and Telegram, and other companies that we've inspired will put up more guard rails because the government's not going to help us.'
