Louis Vuitton, the latest luxury name to report results, giving us some clues about how how the high-end consumer is holding up. Robert Frank is here with that story. Better than the low-end consumer, right.>> Certainly. And it was really interesting stock action this morning with LVMH. It was down initially.Now it's bouncing back after that initial fall. And that's because it was a weak quarter for the world's largest luxury company. Overall sales down 4%.Its core fashion and leather goods. That's the big ...

Market Trends - LVMH shares rebounded, indicating investor optimism for the luxury goods sector [1] - Investors anticipate relief for LVMH following a period of declining sales [1]

Monetary Policy & Economic Outlook - President Trump pressured the Fed Chair to cut interest rates, an extraordinary scene in the Fed building [3][4] - Markets are repricing expectations to fewer than two rate cuts by the Fed [8] - The Fed is expected to remain independent and will do what it needs to do, regardless of political pressure [9][10] - Inflation forecasts are expected to remain under 2% for the next 18 months [14] Trade & Tariffs - A 15% tariff deal would basically mean trade shuts down [12] - Volkswagen expects around 15% tariff levels from EU talks [75] - Investors believe tariffs between 10% and 20% are manageable for the luxury sector [85] Company Performance & Market Dynamics - Volkswagen cut its outlook for the year due to US tariffs weighing on Audi and Porsche brands [22] - German business confidence rose to 89.6 in July, up from 88.4 [34] - LVMH's luxury product sales slumped in China and Japan, but the market is calling the trough [76][77] Geopolitical Issues - France will recognize Palestinian statehood in September, adding pressure on Israel [41][43] - Negotiations for a ceasefire between Hamas and Israel have broken down [44] Artificial Intelligence in Healthcare - An AI startup received $150 million in financing, bringing total funding to $370 million, to speed up the development of a model that will help physicians with clinical decisions [61] - The AI model aims to cover practically every relevant disease within three years to support physicians in their care delivery [64] - The AI technology analyzes 45 million patients a year, deploying over 2000 hospitals [65]

智通财经7月25日电，路威酩轩(LVMH)股价加速上涨，现涨近5%。 ...

Financial Performance - LVMH's fashion and leather goods unit sales decreased by 9%, slightly worse than expected [1] - Wines and spirits unit performed slightly better than expected, but remained negative due to cognac's struggles in the US and China [3] - Watches and jewelry division, including Tiffany and Bulgari, remained flat [2] Market Trends and Dynamics - Concerns exist that LVMH's top brands are no longer delivering "best in class" performance compared to brands like Brunello Cucinelli, which experienced 10% growth [2] - Tourism spending is weaker, with Chinese tourists spending less in Japan and American tourists curbing spending in Europe due to a weaker dollar [4] - Champagne sales in the US are showing slight improvement, and overall local demand is relatively resilient [3] Strategic Considerations - Investors are paying more attention to the conglomerate discount as growth slows [5] - Fashion and leather goods, along with wines and spirits, are struggling simultaneously [6] - There is no current indication of spinning off assets like Sephora or other major restructuring, though some cleaning up may occur [6][7]

美联储"装修门"升级，特朗普首次"上门"施压降息，但解雇鲍威尔警报暂停，贝森特指有其他风 险。 欧洲央行八连降后收手，维持利率不变，静待美方关税政策明朗化，9月降息预期骤降；拉加德警 告：若欧美贸易摩擦升级，将对通胀施加下行压力。 美国上周首申人数连续第六周下降，至4月中旬以来最低水平，续请失业金人数维持2021年来高 位。 中国强力"反内卷"！时隔27年，价格法重新修订。 第二十五次中国－欧盟领导人会晤举行。 报道：OpenAI准备在8月初推出GPT-5。 英特尔二季度营收超预期，宣布裁员约15%，但CEO未缓解市场对公司竞争力担忧，股价盘后先 涨6%后转为跌近4%。 高奢巨头渴望欧美协议，LVMH Q2核心业务营收意外降9%，CFO称15%关税是"好结果"。 ...

Core Viewpoint - LVMH's CFO indicated that the group can increase production capacity in the U.S. due to tariffs [1] Group 1 - The company is considering expanding its production capabilities in the United States [1] - Tariffs are influencing the company's strategic decisions regarding production [1]

Group 1 - The CFO of LVMH stated that DFS's losses are narrowing but have not yet reached breakeven [1] - The company will retain certain brands only if it is a reasonable operator for them [1] - Moët Hennessy plans to potentially start delivery activities in the second half of 2026 [1]

Group 1 - The CFO of LVMH emphasized that price increases must be accompanied by product improvements [1]

路威酩轩（LVMH）首席财务官：在中国市场看到明显的改善，当地消费者表现积极。 ...