Luxury stocks—Hermès, Prada, more—boom as LVMH earnings fuel rally
The luxury bellwether reported sales growth for the first time this year.
The luxury bellwether reported sales growth for the first time this year.
Shares of Ferrari plummeted in European and U.S. trading on Thursday, marking the luxury automaker’s worst day yet in both markets after unveiling updated guidance for earnings that fell well below analyst expectations. Key Takeaways Crucial Quote Ferrari CEO Benedetto Vigna, while discussing the automaker’s long-term guidance, said, “I think people were expecting a higher […]
Tesla on Tuesday unveiled plans to sell cheaper alternatives of its Model Y and Model 3 cars, its first product release in years, as Elon Musk’s automaker created more affordable options for its bestselling vehicles in an apparent move to offset the recent loss of tax incentives to buy electric vehicles. Key Facts Big Number […]
Robinson’s family turned him in to police after identifying him from images released by authorities after the shooting.
Economists were “blown away” by Oracle’s projections for AI growth: “We’re all kind of in shock, in a very, very good way.”
Social media users, without evidence, pushed claims that President Donald Trump had died in recent days after not being seen publicly.
Trump challenged the appellate court ruling and claimed the Supreme Court would likely keep his tariffs in place.
Powell suggested the central bank may loosen its monetary policy, sparking a broader market surge and benefiting the world’s richest.
The world’s largest cryptocurrency appeared to be hit by poor inflation data and cooled government interest.
Trading was briefly halted for the Peter Thiel-backed crypto exchange as shares rallied well above its IPO price.