Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
- After a tough earnings report, LVMH fell 3.7%, and brought smaller rivals like L’Oreal and Hermes down with it.
- The Dior and Louis Vuitton parent pointed to weak consumer demand in China.
- Wall Street analysts say recent stimulus measures likely won’t be enough for spending in China to rebound.
Ark Invest's flagship fund realized $3.5 billion in losses in a year. Here were its 10 biggest losers.
- Ark Invest’s Innovation ETF realized $3.5 billion in losses in the fiscal year ending July 2024.
- Ark Invest saw an accumulated loss of $22 billion across its suite of ETFs.
- Cathie Wood said in an X post this summer that trading losses are useful for offsetting future taxes.
Should you open a short-term CD now? What experts say
In the post-pandemic era, certificate of deposit (CD) interest rates soared with many offering rates above 5%.
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Read MoreS&P 500 could face sharp decline in 2025: chief equity strategist
One chief equity strategist says that the S&P 500 Index could face a significant decline next year following its 2024 gains.
The S&P 500 Index was trading slightly higher early afternoon Wednesday,
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Read MoreHCL Tech Stocks Highlights: HCL Tech Stock Price History
HCL Tech Stocks: HCL Technologies Sees Minor Price Increase Amid Low Trading Volume
HCL Technologies is currently trading at a price of Rs 1858.00, reflecting a modest increase of 0.02% today. The trading volume stands at 530,022 shares,
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The Ivy
Fortune 100 Firm Goes Toe-to-Toe vs Amazon
Most of the time, there is a direct relationship between risk and reward when it comes to investing. The two move in lockstep, and investors must accept the higher level of risk that goes along with high-growth stocks. However, occasionally there are companies that offer the best of both worlds – high growth, strong returns,
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