Tapestry beats on Q1 earnings and sales, and lifts its FY26 outlook. Yet, shares slide nearly 10% on tariff concerns and Kate Spade weakness.

Even then, Apollo’s chief economist, Torsten Sløk, wrote this week the S&P is at “historically extreme valuations.” In a note to clients yesterday, Sløk charted the “Warren Buffett indicator” (U.S.

Local currency stablecoins are on the rise across Asia. In Japan and South Korea, financial authorities tend to favor ...