Category: 3. Business

  • French fraud watchdog reports Shein for ‘childlike’ sex dolls

    French fraud watchdog reports Shein for ‘childlike’ sex dolls

    Shein announced in October it intended to set up shop in a prestigious department store in central Paris (Piero CRUCIATTI)

    France’s anti-fraud unit said on Saturday it had reported Asian e-commerce giant Shein for selling what it described as “sex dolls with a childlike appearance”.

    The DGCCRF watchdog said in a statement that the “description and categorisation” of the items on Shein’s website “make it difficult to doubt the child pornography nature of the content”.

    Shortly after the statement, Shein announced that the dolls in question had been withdrawn from its platform and that it had launched an internal inquiry.

    On its website, the Le Parisien daily published a photo of one of the dolls sold on the platform, accompanied by an explicitly sexual caption.

    The dolls measure around 80 centimetres (30 inches) in height. In the photo, it was pictured holding a teddy bear.

    “Imagine a child randomly clicking on and coming across these products while browsing the site looking for a doll,” DGCCRF official Alice Vilcot-Dutarte was quoted as saying by Le Parisien.

    The news comes in the wake of Shein’s announcement in October that it intended to set up shop in a prestigious department store in central Paris — its first physical outlet.

    That decision provoked outrage among other clients of the up-market store, BHV Marais, with some top fashion brands pulling their products from its shelves.

    Shein, which was originally founded in China, has faced consistent criticism over working conditions at its factories and the environmental impact of its ultra-fast fashion business model.

    Yet the company, now headquartered in Singapore, has seen its share value skyrocket while overtaking many traditional fixtures of high street shopping in recent years.

    The DGCCRF warned that “the dissemination, via an electronic communications network, of child pornography is punishable by up to seven years’ imprisonment and a fine of 100,000 euros ($116,000).

    France has already fined Shein three times in 2025 for a total of 191 million euros.

    Those were imposed for failing to comply with online cookie legislation, false advertising, misleading information and not declaring the presence of plastic microfibres in its products.

    The European Commission is also investigating Shein over risks linked to illegal products, while EU lawmakers have approved legislation aimed at curbing the environmental impact of fast fashion.

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  • Assessing Valuation as Analyst Focus Intensifies on Tech Strength and Market Demand

    Assessing Valuation as Analyst Focus Intensifies on Tech Strength and Market Demand

    Recent updates from major research firms have put Lumentum Holdings (LITE) in the spotlight, following optimism around the company’s technology and increased demand from data center and telecom markets. Investor interest has ticked upwards even though some ongoing risks remain.

    See our latest analysis for Lumentum Holdings.

    Lumentum Holdings has seen impressive momentum in recent months, with a share price return of over 135% year-to-date as enthusiasm for its technology builds. The one-year total shareholder return is even more striking at 208%, signaling both strong recent gains and enduring investor confidence despite sector risks.

    If surging demand in optical tech has you eyeing new opportunities, now could be the perfect time to seek out even more fast-moving stocks. Discover fast growing stocks with high insider ownership.

    But with the stock already soaring and analysts divided on future gains, the big question is whether Lumentum Holdings is still trading below its true value or if the market has already priced in the next wave of growth.

    The most widely followed narrative signals Lumentum Holdings is trading well above its estimated fair value of $163.85, compared with a last close price of $201.56. With a valuation that overshoots analyst expectations, investors appear to be betting on a far more optimistic scenario than consensus projections suggest.

    Rapid acceleration of demand for advanced optical components due to global AI, cloud computing, and hyperscale data center growth is positioning Lumentum for sustained top-line expansion. This is evidenced by 67% year-over-year growth in Cloud & Networking and marked increases in EML and laser shipments, directly supporting revenue growth and operating leverage.

    Read the complete narrative.

    Want to know what’s fueling such a bold premium? The narrative is betting on dramatic jumps in revenue, big margin improvements, and future profits scaling to aggressive new highs. Wondering which metrics push this price target so far above the rest? The biggest surprises lie in the growth and valuation assumptions powering this view.

    Result: Fair Value of $163.85 (OVERVALUED)

    Have a read of the narrative in full and understand what’s behind the forecasts.

    However, risks such as heavy reliance on a few cloud customers or unexpected delays in manufacturing expansion could quickly challenge the current positive outlook.

    Find out about the key risks to this Lumentum Holdings narrative.

    If you have a different perspective or want to dive deeper into the numbers, exploring the data yourself and sharing your personal take is quick and easy. Make yours in just a few minutes. Do it your way

    A great starting point for your Lumentum Holdings research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision.

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    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Companies discussed in this article include LITE.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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  • Tractor Supply Celebrated National Hometown Heroes Day Today Nationwide

    Tractor Supply Celebrated National Hometown Heroes Day Today Nationwide

    BRENTWOOD, Tenn.–(BUSINESS WIRE)–Across the country today, Tractor Supply Company (NASDAQ: TSCO) — the nation’s largest rural lifestyle retailer — turned hometown gratitude into a nationwide celebration. On National Hometown Heroes Day, more than 2,300 stores hosted events honoring military service members, veterans and local first responders, each contributing $500 to a local fire, police or veteran organization — totaling more than $1 million in giving in just one day. From coast to coast, communities came together for a one-of-a-kind celebration of those who serve, with each store choosing partners that reflect the unique needs of their hometowns.

    Hal Lawton, President and CEO of Tractor Supply:

    “All of us at Tractor Supply are deeply grateful to the men and women who dedicate their lives to protecting and serving others. National Hometown Heroes Day is designed to bring communities together across the country in celebration of their service and sacrifice.”

    The celebrations at more than 2,300 stores today offered customers the chance to meet their local Heroes and take part in the following activities:

    • Touch-a-Truck events with local fire, police and rescue departments

    • “Thank a Hero” letter-writing opportunities

    • A digital “Honor Wall” to recognize Hometown Heroes

    • Americana craft activities for children

    • Giveaways

    • Doorbuster discounts on a wide variety of products

    • 10% discounts for verified Hometown Heroes

    Since launching the Hometown Heroes initiative in 2024, Tractor Supply and its Foundation have contributed more than $3 million to organizations that support the brave men and women who serve our communities. To learn more about Hometown Heroes Days, visit tractorsupply.com/hometownheroes.

    To inquire about local activities taking place at specific store locations, email: corporatecommunications@tractorsupply.com

    About Tractor Supply Company

    For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 296 on the Fortune 500. The Company’s more than 52,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.

    As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, and Allivet, a leading online pet pharmacy, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here.

    As of September 27, 2025, the Company operated 2,364 Tractor Supply stores in 49 states and 206 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.

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  • Nearly 70% of the miles of the 10 longest interstates is now within 10 miles of a fast EV charger

    Nearly 70% of the miles of the 10 longest interstates is now within 10 miles of a fast EV charger

    For most Americans, there’s less reason than ever to worry about finding chargers to fuel up an electric vehicle. But charging worries remain a top hesitation for potential buyers, second only to sticker shock.

    Those concerns linger even as fast chargers multiply. More than 12,000 have been added within a mile of U.S. highways and interstates just this year, an Associated Press analysis of data from the National Renewable Energy Laboratory shows. That’s about a fifth of quick-charging ports now in operation.

    Yet a new poll from The Associated Press-NORC Center for Public Affairs Research and the Energy Policy Institute at the University of Chicago finds about 4 in 10 of U.S. adults still point to range and charging time as “major” reasons they wouldn’t buy an EV. That’s significant considering only about 2 in 10 Americans say they would be “extremely” or “very” likely to make a new or used electric vehicle their next car purchase.

    That’s a perception Daphne Dixon, leader of a nonprofit that advocates for clean transportation, has been trying to fight. She has taken a coast-to-coast road trip in an EV each year since 2022. Always sporting hot pink and waving a bubblegum checkered race flag to match, Dixon posts snapshots of the charging experience along her 3,000-mile (4,828-kilometer) route, hoping to “bust” Americans’ anxiety about range and charging.

    Dixon said she has repeatedly found that “range anxiety is stuck in people’s heads,” even though the gap in price between gas and electric cars is closing and more chargers are being installed.

    “A lot of people still fear that there’s not enough chargers, but what they’re not seeing is that chargers are being put in every single day,” she said.

    Fast chargers expand, but worries remain

    Traveling on Interstate 80, the longest American interstate, a driver will encounter few stretches that are more than 10 miles (16 kilometers) away from a fast charger, all the way from New York City to Des Moines. Out West, coverage is spottier. But the miles on I-80 covered by fast chargers has increased by 44% since 2021, the AP analysis found.

    Drivers would have a similar experience on other major roads. Nearly 70% of the combined length of the 10 longest interstates is within 10 miles of a fast charger — up from about half just five years ago.

    Installing fast chargers is considered critical to supporting EV adoption because they can refill a fully electric vehicle in 20 minutes to an hour. Compare that to home chargers, which often take four to 10 hours.

    In Dixon’s home state of Connecticut, drivers still fret about charging. In the fall, Dixon takes a shorter trip along Route 7, a scenic drive full of river bends and antiques barns. Fast chargers are scarce along the route, as they still are in many rural parts of the U.S.

    The only plug in Kent, a town about 50 miles (80 kilometers) north of Norwalk, is an aging machine at town hall that’s long been defunct, said Lynn Mellis Worthington, chair of the town’s sustainability team.

    Connecticut’s state government plans to use $1.3 million in federal funds to install eight fast-charging plugs at two stations in New Milford, about 15 miles (24 kilometers) down Route 7 from Kent. The Trump administration sought to cancel those federal funds earlier this year, before reinstating them in August after multiple states sued over the halt of the $5 billion program. Congress had approved the funds in 2021under the Bipartisan Infrastructure Law.

    Mellis Worthington and her husband considered an EV when they replaced their 15-year-old Pontiac Vibe this year. She said prices for cars with enough range to make her husband feel comfortable with his commute were still too high. So despite her high hopes of going full electric, they went with a hybrid instead.

    “Our next car will definitely be an EV,” she said.

    Vehicle price still top barrier for buyers

    While many are concerned about charging, price is still the reason U.S. adults most commonly gave when asked why they would not buy one, the AP-NORC/EPIC poll shows. Only about 2 in 10 U.S. adults said the high cost is “not a reason” for holding off on an EV purchase.

    Electric vehicles held about 8% of the U.S. market share in 2024, up from 1.9% five years prior, according to data from Atlas Public Policy.

    In the long run, owning an EV may be cheaper due to lower maintenance costs and the lower price of electricity compared to fuel in many places, said Daniel Wilkins, a policy analyst at Atlas Public Policy.

    Still, “everyday Americans are focused more on the sticker price upfront,” he said.

    And with federal incentives expiring at the end of September, the final bill for many prospective buyers has effectively increased by $7,500 for a new EV.

    Electric vehicle advocates are quick to point out the average U.S. resident drives no more than 30 miles (48 kilometers) per day, according to AAA, well within the range modern EVs offer. Most electric vehicle owners, like Bloomfield resident Jim Warner and his wife, do the majority of their charging at home.

    Warner has one EV and one plug-in hybrid vehicle. He’s taken the EV, a Chevy Bolt with a roughly 250-mile (402 kilometer) range per charge, on a 400-mile (643-kilometer) trip to Maine twice since he bought it in 2022.

    “The first trip, I turned the heat off. I made sure I drove 65,” Warner said. “The second time I just drove normally and had no problem.”

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  • Alphabet (GOOGL)’s Conference Call Was “A Tour De Force,” Says Jim Cramer

    Alphabet (GOOGL)’s Conference Call Was “A Tour De Force,” Says Jim Cramer

    We recently published 10 Stocks on Jim Cramer’s Radar. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently discussed.

    Alphabet Inc. (NASDAQ:GOOGL)’s earnings report saw its shares jump by 4% after it beat analyst revenue and EPS estimates and reported a $155 billion cloud backlog. Cramer discussed the earnings report and compared the firm’s cloud business to Amazon:

    Alphabet (GOOGL)’s Conference Call Was “A Tour De Force,” Says Jim Cramer

    Pixabay/Public Domain

    “Yes and you know Thomas Curry, he doesn’t get credit at the call, but he did Google Cloud. And Google Cloud is a monster. People are going to be talking about Google Cloud tonight compared to Amazon now the shoes for Amazon are now big. I don’t know, as much as the long knives are out for Mark, they might be out for Jassy, too. These people have all taken kind of the share approach, it’s Andy versus Mark. I mean, I don’t know how that happened. Even Philipp’s [Philipp Schindler, Chief Busines Officer] being given a lot of latitude he was on the conference call for Alphabet. It was a tour de force conference call, tour de force.”

    While we acknowledge the potential of GOOGL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

    READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

    Disclosure: None. This article is originally published at Insider Monkey.

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  • Microsoft (MSFT)’s Traditional Software “Was Extraordinary,” Says Jim Cramer

    Microsoft (MSFT)’s Traditional Software “Was Extraordinary,” Says Jim Cramer

    We recently published 10 Stocks on Jim Cramer’s Radar. Microsoft Corporation (NASDAQ:MSFT) is one of the stocks Jim Cramer recently discussed.

    Microsoft Corporation (NASDAQ:MSFT) latest earnings report saw its shares drop by 4% even though the firm’s $77.67 billion in revenue and $3.72 in earnings per share beat analyst estimates, and its cloud computing revenue grew by 40%. Investors were spooked by CFO Amy Hood changing tack and outlining that capital expenditures would grow in 2026. The Microsoft Corporation (NASDAQ:MSFT) CFO had previously expected expenditures to drop, and Cramer discussed her comments and CEO Satya Nadella:

    Microsoft (MSFT)’s Traditional Software “Was Extraordinary,” Says Jim Cramer

    Roman Pyshchyk/Shutterstock.c.om

    “People have to go over what Amy Hood said with a fine tooth, fine toothed comb. She just talked, the CFO, really talked about the need to address the constraints and how much they need to spend. By the way, all of their actual enterprise software, the traditional software, was extraordinary. Copilot was fantastic. We overlook that at our own peril.”

    While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

    READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

    Disclosure: None. This article is originally published at Insider Monkey.

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  • China to End Rare Earth Controls, Probes Against Chip Companies – Bloomberg.com

    1. China to End Rare Earth Controls, Probes Against Chip Companies  Bloomberg.com
    2. China ‘made a real mistake’ by ‘firing shots’ on rare earths, says Scott Bessent  Financial Times
    3. Critical Minerals Report (11.01.2025): Trump-Xi Rare Earth Deal “Buys Time, Not Security” — While Copper Soars to New Records  InvestorNews
    4. China’s suspension of rare earth controls applies to EU: official  DerbyInformer.com
    5. U.S. and China agree one-year trade truce in Busan as rare-earth exports resume  Cargo Airports & Airline Services

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  • Public Firms With Private Keys: The Biggest BTC and ETH Stashes Right Now – Bitcoin.com News

    Public Firms With Private Keys: The Biggest BTC and ETH Stashes Right Now – Bitcoin.com News

    1. Public Firms With Private Keys: The Biggest BTC and ETH Stashes Right Now  Bitcoin.com News
    2. How Bitcoin Adoption in the U.S. Could Double by 2025 Insights from the Bitcoin Conference  TradingView
    3. Data Analysis of Bitcoin Holder Structure and the $15 Trillion Market Cap Hypothesis  富途牛牛
    4. USA Leads With 122 Bitcoin-Holding Entities  Bitget
    5. Currently, 353 Bitcoin treasury entities hold more than 4.04 million Bitcoins.  Bitget

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  • OPEC+ Discussions Focus on Small Oil Output Hike for December – Bloomberg.com

    1. OPEC+ Discussions Focus on Small Oil Output Hike for December  Bloomberg.com
    2. Oil heads for third monthly decline as dollar, OPEC+ supply weigh  Business Recorder
    3. OPEC+ likely to agree small oil output increase for December, sources say  Profit by Pakistan Today
    4. During the European session, WTI crude oil dropped to $60.07, while Brent fell to $63.95  VT Markets
    5. Oil Prices Ease as Trump Cuts China Tariffs: What This Means for Global Markets and Your Investments  omanet.om

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  • Knee-jerk corporate responses to data leaks protect brands like Qantas — but consumers are getting screwed | Cybercrime

    Knee-jerk corporate responses to data leaks protect brands like Qantas — but consumers are getting screwed | Cybercrime

    It’s become the playbook for big Australian companies that have customer data stolen in a cyber-attack: call in the lawyers and get a court to block anyone from accessing it.

    Qantas ran it recently after suffering a major cybersecurity attack that accessed the frequent flyer details of 5 million customers.

    The airline joined the long list of companies in Australia, dating back to the HWL Ebsworth breach in 2023, to go to the NSW supreme court to obtain an injunction against “persons unknown” – banning the hackers (and anyone else) from accessing or using the data under threat of prosecution.

    Of course, it didn’t stop hackers leaking the customer data on the dark web a few months later.

    But it might have come as a surprise when ID protection company Equifax this month began alerting Qantas customers that their data had been leaked – since access to the data was supposedly banned.

    This highlights the major flaw in the injunction scheme. Qantas argues the injunction protects customers, but cybersecurity experts warn that in practice it has the opposite effect: scammers will ignore it, while organisations based in Australia and operating within the law will not be able to verify the data and report on it.

    Sign up: AU Breaking News email

    Troy Hunt, an Australian who operates the HaveIBeenPwned website which notifies users when their information appeared in breaches, is frustrated that he has not been able to include the breach in his searchable database.

    “Clearly the injunction has not stopped even legally operating organisations from accessing the data and communicating with the customers,” he said.

    “[Qantas is] obviously trying to minimise damage, and they will inevitably get raked over the coals with class actions, because it happens to every big company that has a breach now … but there is just no measurable, practical benefit that anyone can assign to keeping this data out of the hands of people like [me], whilst it’s in the hands of people who are now abusing it.”

    Hunt noted the irony that Qantas’s cybersecurity incident statement on its website links out to government resources for customers caught up in a breach. Those resources advise customers to visit Hunt’s website so they can better protect themselves by being aware of what information is out there.

    How Equifax approached the injunction is unclear. The company said it uses the cybersecurity company Norton to monitor the dark web. Norton’s parent company Gen Digital is based in the US and Czechia while Equifax is US-based.

    Norton did not deny it had accessed the data when asked twice by Guardian Australia, saying in a statement it is “contractually obligated to notify customers” when their information is posted on the dark web.

    “These alerts are part of our ongoing commitment to help victims of a data breach protect their personal information and respond quickly if their data is at risk,” the spokesperson said. “This service operates under strict business, privacy, and compliance standards to ensure accuracy and lawful handling of all data sources.”

    Qantas would not confirm if it was considering pursuing companies for potential contraventions of the injunction, but indicated it was monitoring third-parties and would consider them on a case-by-case basis.

    “We are aware of notifications being sent to some of our customers by a third-party providers. These notifications include types of personal information that was not held in the system impacted in our July cyber incident,” the spokesperson said.

    According to screenshots from the Telegram group run by the hackers, posted this month by Hunt, the hackers are aware of the limitations of the injunction.

    “qantas why are you lying to your citizens?” the message states. “all your injunction does is prevent media/journalists.”

    “YOUR data WILL be released and it WILL BE accessed.”

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