Earnings Overview - The third quarter earnings season has commenced with major Wall Street banks reporting results, with analysts expecting a 7.9% increase in earnings per share for S&P 500 companies, marking the ninth consecutive quarter of positive growth but a slowdown from 12% in Q2 [1][28] - Major financial institutions including JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup, and BlackRock are among the first to report their earnings [2][3] Company-Specific Highlights - Morgan Stanley reported a 45% surge in profits, driven by a 44% increase in dealmaking fees to $2.1 billion and a 24% rise in trading fees, totaling $6.28 billion [4][6][7] - Abbott's shares fell 1% after reporting diluted earnings per share of $0.94, below the expected $1.04, with revenue of $11.3 billion aligning with estimates [8][9] - Citigroup's net income rose to $3.8 billion, or $1.86 per diluted share, on revenue of $22.1 billion, reflecting a 9% increase in total revenue [13][14] - Johnson & Johnson announced plans to spin off its orthopedics unit while reporting adjusted earnings per share of $2.80, exceeding estimates of $2.76, and raised its 2025 sales forecast by approximately $300 million [18][19][20] - Domino's Pizza saw a nearly 5% increase in stock after reporting a 5.2% acceleration in US same-store sales, with earnings per share of $4.08 surpassing estimates [15][16] Market Trends - The earnings season is characterized by a boom in dealmaking and trading, significantly benefiting banks like Morgan Stanley and Citigroup [10][13] - ASML reported orders exceeding estimates due to an AI investment boom, although it warned of a significant drop in Chinese demand next year [12] - LVMH experienced a surprising return to sales growth, with shares rising as much as 14%, indicating a potential easing in luxury demand decline [11]

格隆汇10月15日｜法国奢侈品巨头路威酩轩（LVMH）股价暴涨近14%。此前，该集团公布了今年以来 的首次增长数据。欧洲股票市场周二收盘后，路威酩轩发布业绩更新。作为全球最大的奢侈品集团及欧 洲市值最高的企业之一，该集团表示，第三季度有机同比增长率为1%，标志着其从连续两个季度的下 滑中实现复苏。 ...

LVMH has unexpectedly returned to growth in the third quarter. For more, let's bring in Bloomberg's Angelina Katz, joining us from Paris with the details on what then has fueled the growth of LVMH this quarter. Is it likely to be sustained.Hi there, Tom. Indeed. What was interesting is that all the divisions beads, including the key fashion, the leather goods one I mean, that one was still negative.But what was interesting, as explained by the CFO of LVMH, was that it was driven by it's improving things to ...

Core Insights - LVMH's organic revenue increased by 1% to €18.28 billion in Q3, ending two consecutive quarters of decline and surpassing analysts' expectations of "zero growth" [1] Business Segment Performance - The fashion and leather goods segment declined by 2%, which was better than the expected decline of 3.48% [1] - The selective retailing segment, including Sephora, grew by 7% [1] - The perfumes and cosmetics segment saw a growth of 2% [1] Regional Performance - Revenue in the United States grew by 3% [1] - Revenue in Europe declined by 2% [1] - Japan experienced a significant decline of 13% [1] Future Outlook - The CFO of LVMH indicated that the comparison base for Q4 will be more challenging [1] - The strong euro has resulted in negative currency impacts [1]

Group 1: Market Overview - US stock futures rose on Wednesday, with Dow Jones Industrial Average futures up approximately 0.4%, S&P 500 contracts increasing by 0.6%, and Nasdaq 100 contracts rising by 0.8% [1] - A solid start to the earnings season is boosting market sentiment despite ongoing US-China trade tensions and a prolonged US government shutdown [1] Group 2: Company Earnings - Bank of America reported a 23% increase in profit, benefiting from a surge in major deals on Wall Street [2] - Other companies reporting include PNC Financial and Abbott Laboratories, with ASML and LVMH also showing surprise earnings beats that positively impacted their stock prices [2] Group 3: Federal Reserve Insights - Federal Reserve Chair Jerome Powell indicated that "downside risks to employment appear to have risen," suggesting potential for more interest rate cuts [3] - Investors are closely monitoring Powell's comments due to the current lack of economic data resulting from the government shutdown [3] Group 4: US-China Trade Tensions - US-China trade tensions remain a concern, with President Trump considering an embargo on cooking oil from China in response to China's reduction in US soybean purchases [4] - China's recent sanctions on five US subsidiaries of South Korean shipbuilder Hanwha have further escalated these tensions [4]

Core Insights - The individual has extensive experience in risk management and financial analysis, with a strong educational background in applied risk management and relevant certifications [1] - The focus areas include risk management, financial analysis, data science, and the influence of economic factors on financial markets [1] - The motivation for writing is to provide actionable insights for investors by translating complex financial data into understandable analysis [1] Group 1: Professional Background - The individual has worked in various roles across leading firms such as EY, PwC, Alpha Bank, and the National Bank of Greece [1] - Expertise includes financial analysis, risk management, and data analysis using tools like SQL, Python, and machine learning [1] Group 2: Areas of Interest - Primary interests are in risk assessment, financial modeling, and stock analysis [1] - A data-driven approach to investing is emphasized, focusing on long-term value creation [1] Group 3: Writing Goals - The aim is to provide informed analysis on market trends, risk management practices, and investment strategies [1] - The goal is to support informed decision-making for investors [1]

市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何 意见、观点或结论是否符合其特定状况。据此投资，责任自负。 风险提示及免责条款 LVMH集团三季度有机营收增长1%，预期下降0.72%。 三季度时装和皮草有机销售下降2%，预期减少 3.48%。 ...

France's LVMH , the world's largest luxury goods group, reported a 1% rise in third-quarter sales on Tuesday, helped by improved demand in China as the industry grapples with a prolonged slump. ...

LVMH named former Dior creative director Maria Grazia Chiuri as chief creative officer of Fendi https://t.co/4IEFg5lkOz ...

By Charlotte Van Campenhout and Tassilo Hummel BRUSSELS (Reuters) -Gucci, Chloe and Loewe have been fined a total of 157 million euros ($182 million) by the European Union's antitrust watchdog for fixing the resale prices of their retail partners. Kering owned Gucci was fined 119.7 million euros, Chloé 19.7 million euros and Loewe 18 million euros, highlighting growing regulatory scrutiny of luxury groups. "The three fashion companies interfered with their retailers' commercial strategies by imposing re ...