Shares in Home Depot (NYSE:HD) ticked higher on Wall Street after the US home improvement retailer posted forecast-beating Q2 results and reaffirmed FY26 guidance. The company continued to gain market share in Q2 despite a drag from the sluggish housing market across the pond. Share price: $340.6 (+0.8%)Market cap: $337bnPE 2027: 23.4xDividend yield 2027: 2.75% However, enthusiasm for the stock was tempered by the US comparable sales figure. Like-for-likes grew just 1.3% with customer transactions down 0.8% at 443.2 million. This meant the sales increase was driven by price hikes rather than rising volumes. Q2 earnings beat For the second…

Growth capital trust Seraphim Space (LON:SSIT) has invested £22.2 million in Hubble Network. For the uninitiated, Hubble is a US start-up that is building the first satellite-powered Bluetooth network. The company is already backed by Seraphim’s investment manager through the Seraphim Space Venture Fund II. The SpaceTech-focused trust’s managers argue Hubble is well positioned to become a ‘category leader in the burgeoning direct-to-device satellite connectivity market’. Hubble marks the first addition of a new company to the trust using the proceeds of May’s £137 million C share issue. To learn more about Seraphim Space, watch our Podcast interview with James…

Outstanding H1 results from Aberdeen Asian Income Fund (LON:AAIF) showed an impressive net asset value (NAV) total return of 28%. The share price total return was even better at 30.9% as the high-yielder’s NAV discount narrowed from 7.6% to 5.7%. The £450 million cap’s blowout performance was mainly driven by technology holdings linked to artificial intelligence (AI) and semiconductor demand. And this latest period of strong performance means the fund has outperformed the index over one, three and five years. Alongside this outperformance, Aberdeen Asian Income Fund rewarded shareholders with a juicy dividend yield of 6.3%. Stellar results Managed by…

An investment trust discount arises when a trust’s share price is lower than its net asset value (NAV). The NAV is the value of the trust’s assets minus any liabilities, which can be divided by the number of shares in issue to get a per share number. For example, an investment trust with 100p of assets per share and a 95p share price trades at a 5% discount to NAV. And a trust with 100p of assets and a 50p share price trades at a 50% discount. Performance double-whammy Wide discounts can provide bargain-hunters with the opportunity to buy assets…

In the latest special edition of the podcast, we’re joined by Deborah Aitken, senior industry analyst at Bloomberg Intelligence for global luxury goods, beauty and personal care. Deborah talks us through the global recovery in the luxury industry, the impact of the Middle East conflict on spending and China’s importance to the comeback. Our special guest discusses valuations across the sector. Deborah gives us her take on trends within the high-end watch market. She also highlights the luxury names appealing to the important Gen Z consumer. Finally, our guest lends her view on developments at Coach-owner Tapestry (NYSE:TPR). She also…

Shares in Gattaca (LON:GATC) gained ground after the recruitment firm focused on the technology and engineering markets announced forecast-beating FY26 profits. Despite prevailing macroeconomic uncertainties, Gattaca insisted it is ‘well positioned with the demand for specialist skills and services remaining resilient’. As a result, the Fareham-based firm is confident it can deliver ‘further improvement in pre-tax profits in FY27’. Profits ahead of previous guidance Gattaca is an AIM-listed business whose brands include STEM skills expert Matchtech, cybersecurity recruiter Infosec People and Gattaca Projects. For the year to July 2026, Gattaca now expects to deliver underlying pre-tax profits of roughly £6.1…

In the latest Sharesify podcast, the gang discuss a hectic week for markets, a blockbuster IPO and looming results from retail heavyweights. Tech guru Steven brings us up-to-speed with updates from Applied Materials (NASDAQ:AMAT) and Cisco (NASDAQ:CSCO). He also provides a deep dive analysis of Anthropic. Its IPO could become one of the most important stock market events of 2026. James tells us why investment trust JPMorgan Claverhouse (LON:JCH) remains positive on the prospects for the UK market. He also discusses forecast-beating results from casino operator Rank (LON:RNK) and explains why luxury firm Tapestry (NYSE:TPR) fell out of fashion. Ian…

Affordable luxury goods group Tapestry (NYSE:TPR) delivered (13 August) forecast-beating Q4 earnings driven by margin expansion and double-digit sales growth at core brand Coach. The New York-based company’s sales grew in North America, China and Europe as the firm continued to bag market share. Share price: $128.39 (-16.5%)Market cap: $26bnPE FY27: 16.7Yield FY27: 1.4% So why did shares in Tapestry tumble 16.5% to $128.4 in after-hours trading on Wall Street? Well, FY27 guidance for sluggish sales growth disappointed investors. As did the protracted turnaround at Kate Spade New York, a brand Tapestry is struggling to revive. Tapestry weaves forecast-beating results…

Shares in Rank (LON:RNK) rose after the gaming and entertainment group reported forecast-beating FY26 profits and flagged a ‘good start’ to FY27. The Grosvenor Casinos and Mecca Bingo brands owner also reiterated its medium-term ambition to deliver underlying operating profits of at least £100 million. Income-hungry investors welcomed a 35% hike in the total dividend to 3.5p. This underscored management’s confidence in Rank’s improving cash generation and growth prospects. Rank generates growth across the board For the year to June 2026, Rank delivered a 21% rise in underlying operating profits to £78.6 million. That was ahead of recently-upgraded guidance. Like-for-like…

Investment trust JPMorgan Claverhouse (LON:JCH) lagged the benchmark in the six months to June 2026. Weakness in Serco (LON:SRP), Dunelm (LON:DNLM) and ICG (LON:ICG) impacted the fund’s relative performance. However, the UK equity income trust’s long-term track record of outperformance remains intact. And its managers are positive on the prospects for the UK market, insisting the opportunity set ‘remains compelling’. To learn more about JPMorgan Claverhouse, watch our Sharesify Podcast special featuring co-manager Anthony Lynch. Lagging the benchmark JPMorgan Claverhouse delivered a net asset value (NAV) total return of 6.6% for H1, underperforming the 7.2% rise in the FTSE All-Share Index. Relative…