Tesla Chief Executive Elon Musk said it was “generally wise” to avoid using margin loans on any company when there are macroeconomic risks involved, in response to a question on Twitter about the electric-vehicle maker’s stock performance. “When there are macroeconomic risks, it is generally wise to avoid using margin loans on any company, as…
Fashion Retailer H&M’s Sales Jump, but Investors Fret Over Margins
STOCKHOLM—H&M, the world’s second-biggest fashion retailer, posted a forecast-beating 17 percent jump in March-May sales, joining main rival Inditex in reporting a rebound in demand as pandemic restrictions have eased. Sales were, however, still lower than before the pandemic began. Investors also voiced concerns over profit margins ahead of H&M’s full quarterly earnings report due…
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