Birkin Bag Auction Prices Fall From Pandemic Highs Despite Record-Breaking Celebrity Sales
Despite headline-grabbing multimillion-dollar auctions, prices for secondhand Hermès Birkin bags are sliding as the luxury resale market normalizes.
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Despite headline-grabbing multimillion-dollar auctions, prices for secondhand Hermès Birkin bags are sliding as the luxury resale market normalizes.
Grupo Televisa S.A. (NYSE:TV) has received a consensus “Hold” rating from analysts, with a 12-month target price of $4.70. Led by co-CEOs Alfonso de Angoitia and Bernardo Gómez, the company continues to attract institutional investors and outperform earnings expectations despite market volatility.
Grupo Televisa, under the leadership of Alfonso de Angoitia and Bernardo Gómez, remains a Buy as TelevisaUnivision works with YouTube TV to secure Univision’s place in its core bundle.
China Evergrande—once the world’s most indebted property developer—will be delisted from the Hong Kong Stock Exchange after an 18-month trading suspension that followed its court-ordered liquidation. The move underscores the deep stress in China’s real-estate sector and raises fresh questions about recoveries for shareholders and creditors.
Spotify’s Q2 results provided a sobering moment for investors. While user and subscriber growth remained strong, the company underperformed financially, missing both revenue and earnings expectations.
The Dow Jones Industrial Average showed a strong rise on Wall Street. It went up by more than 300 points after a better-than-expected June jobs report came out. This increase shows that investors are feeling good about the market.
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