TWE revises economic forecast following soft China sales and US challenges

TWE revises economic forecast following soft China sales and US challenges

Treasury Wine Estates has adjusted its economic forecast for the current 2026 financial year following softer-than-expected Penfolds sales in China along with challenges associated with its recent US distribution transition. According to the producer, shipments to China have been in line with expectations, but there has been “softness in depletions throughout June and July as…

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Andrew Ross Sorkin on worrying similarities between Wall Street today and 1929's pre-crash market

Andrew Ross Sorkin on worrying similarities between Wall Street today and 1929’s pre-crash market

After nearly a decade spent studying the most famous stock market crash in history, financial journalist Andrew Ross Sorkin warns that the Wall Street of today echoes the market of 1929, when highs preceded a massive slump, leading to the Great Depression. Artificial intelligence and technology have contributed to a remarkable boom in recent years….

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GS, JPM kick off the season

GS, JPM kick off the season

The latest earnings season is set to kick off in earnest, and the stakes are high. More than 30 S & P 500 companies are slated to release their calendar third-quarter results this week. Among them are Goldman Sachs, JPMorgan Chase and Bank of America. Johnson & Johnson are also on deck. Analysts on average…

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Client Challenge

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