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06:40

An Israeli military drone was shot down in Iranian airspace.

Jin10 reported on June 23 that, according to Israel's public broadcasting company KAN, an Israeli "Hermes" drone was shot down over Iranian airspace on Monday local time. The report states that this is the fourth Israeli military drone shot down since the beginning of the current round of military operations. Previously, the U.S. military had shot down an Israeli drone due to misidentification. The Israeli military announced on Monday morning that the incident occurred during airstrikes on military infrastructure in western Iran's Kermanshah by the Israeli Air Force.

12:43

Iran's Revolutionary Guard: An Israeli "Hermes" drone was shot down in Lorestan, and five small drones were shot down in Tabriz.

17:52

Analyst: Powell may not provide much clarity.

Karen Manna of Federated Hermes stated that Federal Reserve Chairman Powell may not be able to meet investors' demands for clarity following the interest rate decision. Powell may face questions about the impact of tariffs on inflation and the economy, as the levels and duration of the tariffs are unknown, which will limit his ability to provide more information. Predictions are fraught with difficulties, and uncertainty may persist until the June meeting.

06:19

Hermès sales rose 7% in the first quarter, slightly below expectations

Golden Ten Data on April 17, French luxury giant Hermes announced on Thursday that sales increased by 7% in the first quarter, slightly lower than the market expectation of 9.8%, and a significant slowdown from the 18% growth in the previous quarter. In the first quarter to the end of March, Hermès posted revenues of 4.13 billion euros, compared to the consensus estimate of 4.16 billion euros. In a volatile economic environment, the company's handbags and fashion products revenue performance was unusually weak. Despite the uncertainties, Hermès' outlook for 2025 remains unchanged. Hermès is known for its high-end handbags, Kelly and Birkin, which can easily cost more than $10,000.

05:12

Institutions: The Federal Reserve may have one to two more rate cuts left this year.

On March 19, Jin Shi Data reported that Deborah Cunningham, Chief Investment Officer responsible for global liquidity markets at Federated Hermes, stated in a report that the Federal Reserve is expected to cut interest rates one to two times before the end of this year. Cunningham indicated that the next rate cut by the Federal Reserve could occur in May, and if necessary, a second cut could take place closer to the end of the year. She noted, "This is completely different from the situation after the September meeting last year." "This reflects ongoing inflation and consumer resilience."

14:41

Analyst: It is expected that the Federal Reserve will cut interest rates at most twice before the end of the year.

On March 18, Jinshi Data, Federated Hermes' Chief Investment Officer for the global liquidity market, Deborah Cunningham, said in a report that the Fed is expected to cut interest rates once or twice before the end of this year. She indicated that the next rate cut by the Fed may be in May, with a possible second cut towards the end of the year if necessary. Cunningham noted that this reflects the ongoing inflation in the United States and the resilience shown by consumers.

12:21

UBS: Weak demand for luxury goods, Hermès expected to continue to outperform peers

On December 3, Jinshi Data reported that UBS analysts said that in the case of generally weak demand for luxury goods in many regions, this year may be another year of uncertainty for the luxury goods industry, and Hermes' performance should continue to outperform its peers in the luxury goods industry. Hermes' leather goods are in short supply, making it one of the most resilient companies in the industry. The company's underutilized pricing power has lagged behind its peers in recent years and can provide upward potential in the current more complex industry environment.

22:49

Hezbollah claims to have shot down an Israeli drone and attacked Israeli targets in the Golan Heights

Jinshi data news on October 21st, local time in Lebanon, Hezbollah issued a statement early on the 21st, claiming to have shot down an Israeli "Hermes" 900 drone on the evening of the 20th and used rockets to attack the Israeli artillery positions in Odem in the Golan Heights and the settlements of Shemona and Beit Hillel in northern Israel.

16:03

Hermes Q2 revenue of 3.7 billion euros

Jinshi data, July 26th news, Hermes' second-quarter revenue was 37.0 billion euros, analysts expected 36.5 billion euros. Sales rose 13.3% at a constant Exchange Rate in the second quarter, higher than the analysts' expected rise of 11.5%. Asia-Pacific revenue in the second quarter rose 5.5%, higher than the expected 4.75% rise.

11:11

Institution: French bonds face downgrade risks

On July 11th, Jinshi Data reported that Audrey Beadle, a fixed income investment expert at Federated Hermes, said in a report that considering the uncertainty of the next French government and its measures to improve the French budget situation, the possibility of another downgrade of French debt is increasing. She said, 'The focus of the market in September will still be on the deficit and the budget.' She said that French President Macron needs to appoint a new prime minister in the short term, but it is difficult to see how France can reduce the budget to control the deficit. 'The possibility of another downgrade of French debt is increasing.'

05:38

European stocks fall on hot U.S. inflation data raises concerns about the outlook for interest rates

European stocks closed lower on Thursday, erasing early gains as U.S. data showed high inflation, raising fears that the Federal Reserve's high interest rates will last longer. The STOXX Europe 600 index closed down 0.2%. Prior to the release of the data, the index rose as much as 0.4%. Mining stocks fell the most, while media and consumer products stocks outperformed. France's CAC 40 index rose, buoyed by luxury giants LVMH and Hermes International SCA, making it one of the few winners in European equities. The U.S. producer price index rose by the most in six months in February, while jobless claims came in lower than expected. The data further proved that inflation is still high, weighing on market sentiment.

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03:46

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06:05

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ARK-0.99%

BTC0.03%

08:19

According to a Cointelegraph report on June 25, the French luxury brand Hermès International won again in the infringement case against the artist Mason Rothschild, and a Manhattan judge in the United States ordered a permanent ban on all "MetaBirkin" NFT sales. Hermès originally filed the motion with the Southern District of New York in March. Manhattan District Judge Jed Rakoff, who formally granted the request on June 23, cast doubt on Rothschild's defense of the lawsuit against Hermès and questioned Rothschild's continued marketing of the item. Judge Rakoff said: "(The defendant's) whole plan was to use variations of the Hermes trademark to convince consumers that Hermes was endorsing his lucrative MetaBirkins NFT products." It is reported that the MetaBirkin series consists of 100 NFT works, depicting A furry Birkin-inspired bag. According to reports, Rothschild received more than $1 million in sales from the project. As previously reported, a New York jury awarded $133,000 in damages to artists who infringed on the Hermès trademark to make NFTs.

06:20

According to PANews news on June 25, according to Cointelegraph, the French luxury brand Hermes (Hermes) won another lawsuit against the artist Mason Rothschild in the infringement lawsuit. The Manhattan judge Jed Rakoff issued an order for all "MetaBirkin" NFT sales on June 23. permanent ban. Judge Rakoff said: "The defendant's entire scheme was to use variations of the Hermès trademark to deceive consumers into believing that Hermès was backing his lucrative MetaBirkins NFT, and nothing in the First Amendment exonerates him from such responsibility for planning." Prior to the news on February 9, Hermes won the trademark infringement case against Metabirkins NFT. On March 7, the Hermes court blocked the sale of MetaBirkins NFT. Related reading: From the MetaBirkin infringement case, look at the Web3 layout of luxury top-tier Hermès

06:18

Jinse Finance reported that after a Manhattan judge ordered a permanent injunction on all MetaBirkin NFT sales, French luxury fashion company Hermès International won another lawsuit against artist Mason Rothschild in an infringement lawsuit. Hermès originally filed a request with the Southern District of New York in March to block all MetaBirkin NFT sales. Manhattan District Judge Jed Rakoff, who formally granted the request on June 23, cast doubt on Rothschild's defense against the Hermès lawsuit while questioning Rothschild's continued marketing of the item. Jed Rakoff said the defendant's entire scheme was to deceive consumers by using variations of Hermes' trademarks into believing that Hermes was backing his lucrative MetaBirkins NFT, and that nothing in the First Amendment exonerates him from such schemes Responsibility.

06:17

Odaily Planet Daily News French luxury brand Hermès (Hermès International) won again in the infringement case against artist Mason Rothschild, and a Manhattan judge ordered a permanent ban on all "MetaBirkin" NFT sales. Hermès originally filed the motion with the Southern District of New York in March. Manhattan District Judge Jed Rakoff, who formally granted the request on June 23, cast doubt on Rothschild's defense of the lawsuit against Hermès and questioned Rothschild's continued marketing of the item. Judge Rakoff said: “(The defendant’s) whole scheme was to use variations of the Hermès trademark to convince consumers that Hermès was endorsing his lucrative MetaBirkins NFT product.” It is reported that the MetaBirkin series consists of 100 NFT works depicting furry Birkin-style handbags, and Rothschild reportedly earned more than $1 million in sales from the project. It was previously reported in March that Hermes asked a Manhattan federal court to prohibit artist Mason Rothschild from promoting or owning its MetaBirkin NFT, because the jury found that these NFTs infringed the trademark rights of Hermes' famous Birkin bags. (Cointelegraph)

16:02

Odaily Planet Daily News MetaBirkins artist Mason Rothschild challenged the previous ruling on the NFT copyright infringement of the French luxury brand Hermes (Hermes). Lawyers for Rothschild argue that a California judge wrongly ruled that artist Ryder Ripps infringed Bored Ape Yacht Club's trademark rights. Rothschild maintains that the intangibility of his Hermès MetaBirkin NFT exempts it from the Lanham Act, the piece of legislation that governs copyright infringement. He took issue with the recent ruling that Ripps illegally copied BAYC NFTs, which, despite being intangible, are still commodities under the Lanham Act. He argues that the 2023 decision in the Dastar Corp v. Twentieth Century Fox Film Corp case confirms that the Lanham Act applies only to confusion about the origin of tangible goods, not works of art. Lawyers for Hermès said Rothschild was merely reiterating arguments previously rejected by the California court in the BAYC case. The plaintiffs pointed out that Rothschild's view of the trademark would allow widespread infringement to exist. According to previous news, the case between Hermes and Mason Rothschild was judged on February 8, 2023, and Hermes won the lawsuit against Rothschild's Metabirkins NFT series. The jury awarded Hermès $133,000 in damages. (BeInCrypto)