Households Traveling Abroad Jump Nearly 30% Since 2019: What It Means For Airline, Foreign Luxury Stocks

Travel, especially abroad, has historically been a luxury for most Americans. Despite a tightening labor market and uncertain economic conditions, the number of households traveling abroad has

BenzingaJul 11 12:38 ET

Hermes Isn't Immune to Luxury Sector Woes -- Market Talk

Hermes doesn't seem immune to challenges faced by its competitors in the luxury industry, Barclays analysts Carole Madjo and Wendy Liu write in a research note.

WSJJun 12 10:30 ET

Hermès Lays the First Stone for the Maroquinerie De Loupes Leather Goods Workshop in Gironde

HermèsMay 31 00:00 ET

Hermes Looks Attractive Despite Industry Risks -- Market Talk

Birkin bag maker Hermes seems to be an attractive holding in the long term, with positive brand momentum, amid an uncertain year for the luxury industry, Bernstein analysts write in a note.

WSJMay 28 02:33 ET

Chanel's pessimistic expectations hit European luxury goods stocks, Hermès fell more than 4% after hearing the news

The stock prices of Hermès and LVMH, the parent company of LV, fell sharply, and analysts expect Chanel's operating profit margins to be impacted; as the stock prices of Hermès, LVMH, and Kering Group fell, the European luxury goods industry index saw its biggest decline in a month.

Zhitong FinanceMay 22 09:49 ET

Straight to Omaha | Dan Bin: Looking at AI investment in US stocks over a long period of 10-20 years

The Berkshire Hathaway Shareholders' Meeting, which global investors are concerned about, was held in the small Nebraska town of Omaha. Sina Finance spoke with Shenzhen Oriental Port Chairman Dan Bin at the shareholders' meeting. He told Sina Finance, “Buffett has actually been practicing the fundamental rules of economic operation all his life, and he has thought through some of the regularities of the capital market.” Buffett followed this rule all his life after that. Are the seven major US technology stocks “rich and rivaled” still worth investing in? However, Bin believes that in the AI era, large companies will have a higher chance of winning. Artificial intelligence is a more disruptive technological revolution than the previous three eras. He created it

Sina FinanceMay 4 06:33 ET