This Week: The Aftermath of Liberation Day 2.0 As the world braces itself for the impact of Trump’s tariffs finally taking effect on August 7th, the business landscape is experiencing a wave of uncertainty and apprehension. The long-anticipated implementation of these tariffs is set to disrupt global trade dynamics, leaving many industries scrambling to navigate […]
E.l.f Beauty Shares Drop Following Short Seller Report
The cosmetics industry has recently witnessed a significant shake-up following a report that sent shares of E.l.f. Beauty Inc. tumbling. Notably, the company’s stock dropped by 16% following revelations from prominent short seller Carson Block of Muddy Waters Capital. During his presentation at the Sohn conference in London, Block expressed grave concerns regarding E.l.f. Beauty’s […]