LVMH has built a powerful portfolio of 75 brands. In 2023, it became the first European company to reach a $500 billion value.
Category: Finance News
Market’s tech focus is ‘shortsighted,’ with a broader bull run coming, portfolio manager says
The market’s affinity for Big Tech stocks this year is shortsighted, according to portfolio manager Freddie Lait, who said the next bull market phase will broaden out.
Global debt nears record highs as rate hikes trigger ‘crisis of adaptation,’ top trade body says
Global debt grew by $8.3 trillion in the first quarter of 2023 to a near-record high of $305 trillion.
Bank of England governor says the UK is facing a wage-price spiral
Andrew Bailey said second-round effects of wage growth and price setting were “unlikely to go away as quickly as they appeared.”
Our Chinese market could be as big as our U.S. one, says Tory Burch CEO
CNBC’s Christine Tan speaks with Tory Burch’s CEO, Pierre-Yves Roussel, discussing the fashion label’s plans in Asia and how the Tory Burch brand can be turned into a multibillion dollar business.
Purpose and business go hand in hand, and women are 50% of the equation: Tory Burch
American designer Tory Burch tells CNBC’s Christine Tan why giving up her CEO role was the “easiest decision” she’s made, and discusses the impact she wants to make beyond her designs.
This trader’s got the ‘perfect’ job for full-time travel — and he’s teaching others how to do it
Boat life, van life, backpacking, motorhomes — Patrick Schulte says he’s done it all. Now he’s teaching others how to trade to live a life of constant travel.
Stocks making the biggest moves after hours: Take-Two Interactive, Cisco Systems and more
These are the stocks posting the largest moves in extended trading.
Target shares rise after earnings beat. Here’s how the pros are playing it
Pros on CNBC discussed Target after the big box chain beat earnings expectations.
Americans think gold beats stocks as a long-term investment. Advisors disagree: ‘It’s more like a speculation’
A Gallup poll found Americans are bullish on gold, which tends to rise in popularity as an investment during periods of fear and economic malaise.