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LVMH Slump Heaps Pressure on Arnault
Bloomberg Television· 2025-06-19 09:26
We know that the industry is under pressure, whether it's coming, whether struggles coming from the US with the threat of tariffs that are impacting consumer confidence or also the downturn that we've seen in China. But there are internal issues at LVMH and that's notably two key assets. That's Dior and also Moët Hennessy.So both of them have been culprits of hiking prices too much over the recent past. And other, basically, what we're noticing is that there's a consumer backlash. Dior, is led by Delphine A ...
Why Sony Stock Spiked Today
The Motley Fool· 2025-05-27 21:42
Shares of Sony Group (SONY 3.94%) rose on Tuesday. The company's stock was up 4% by the time the market closed. The move up comes as the S&P 500 jumped 2% and the Nasdaq Composite jumped 2.4%.Reuters reported that Sony will distribute 80% of newly created shares from the upcoming spin-off of its financial services arm. More details will be revealed in the company's Investor Day on Thursday.Shareholders will benefitSony took full control of Sony Financial Services several years ago, but after a change in Jap ...