Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Early Thursday, both Bank of America and Morgan Stanley said profit ... luxury stocks rocketed after a robust sales update from Cartier owner Richemont. Treasury yields edged lower after Federal ...
It’s taken LVMH nearly a year-and-a-half to regain its spot as Europe’s biggest stock from Novo Nordisk A/S.Most Read from ...
The drop in Apple shares Thursday broke a three-day winning streak for the S&P, despite big banks posting upbeat earnings.
We think that like the game of snakes and ladders, 2025 will see many ups and downs for the luxury sector,” Bank of America ...
UnitedHealth and Bank of America. - Consumer discretionary: Richemont [CFR.CH] +14.5%, LVMH [MC.FR] +7.5% (Richemont Q3 revenue beats estimates; strong Asia sales ex China). - Energy ...
Meanwhile, sales in Europe also surged 19% as local shoppers and tourists from North America and the Middle East ... the world to offset China weakness,” Deutsche Bank analysts said in a note Thursday ...
Analysts are cautious, having chopped their estimates for fourth-quarter earnings growth to 1.5% from the previous year - or ...
I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings ...
Bank of America separately published its year-ahead outlook for the luxury sector in which it upgraded LVMH, Richemont and Zegna (ZGN) to buy, downgraded Brunello Cucinelli (IT:BC) and Pandora (DK ...
Of the 28 companies in the S&P 500 that have reported fourth-quarter earnings, 82.1% have exceeded estimates, according to ...
Bank of America and Morgan Stanley rounded out the strong results ... posting strong gains after Cartier's owner Richemont announced a quarterly sales record. Luxury stocks had largely struggled in ...