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
Hermes's Watch Sales Disappoint, Missing Consensus -- Market Talk
Hermes posted a strong performance, boosted by its leather goods and saddlery core business, but the growth rate of its watches division was below expectations, UBS analysts say in a research note.
Despite the slowdown in industry growth, Hermès' sales in China soared to help Q1 revenue grow more than expected
Thanks to strong demand from Chinese consumers, Hermès's performance showed resilience in the face of a general slowdown in demand in the luxury goods industry.
Hermes Posts Sales Increase With Growth Across All Markets
Birkin bag maker Hermes posted an increase in sales for the first three months of the year, boosted by growth in all geographical areas.
Hermès Widens Its Presence in New Jersey With a New Boutique in Princeton
Kering Group's stock price falls, and the company expects a sharp decline in profits in the first half of the year
Kering's stock price fell, and the luxury goods company warned that profits would drop sharply in the first half of the year as the crisis of its biggest brand, Gucci (Gucci), deepens. The company's stock price fell 8.9% in early Paris trading, to its lowest level since 2018. It has already fallen 20% this year, while rival LVMH and Hermès stock prices have risen. Kering Group announced on Tuesday that recurring operating profit is expected to drop by 40% to 45% in the first six months of this year. Gucci's comparable sales fell 18% in the first quarter due to weak demand. Gucci accounts for more than two-thirds of Kering Group's operating profits. on
Hermès Q1 Financial Outlook: Anticipated Revenue Growth to Slow, Early Signs of Luxury Market Chill Emerge
The renowned luxury brand
European stock markets rose LVMH and Adidas helped offset the impact of falling tech stocks
The European stock market closed slightly higher on Wednesday. LVMH's performance figures are reassuring. Adidas soared, driven by profit expectations, offsetting the sharp decline in technology stocks. The Stoxx Europe 600 Index recovered earlier gains and closed up 0.2%. Luxury stocks such as Hermès, Burberry, and Richemont Group rose. Previously, LVMH's profit figures allayed concerns about demand for luxury goods. Asos Plc surged, and the online fashion retailer expects its profits to grow in the next fiscal year. Technology stocks fell 2.6%. The order data previously released by Asmack Holdings fell short of expectations, dragging down ASM Int
Hermès Continues to Invest in Employment and Production Capacity With the Laying of the First Stone for the Maroquinerie De L'Isle D'Espagnac Leather Goods Workshop in Charente
2023 Universal Registration Document (2023 URD, Including the Annual Financial Report)
Hermès International: Availability of the 2023 Universal Registration Document
While Gucci Parent Company's Shares Decline on Disappointing 2023 Earnings, Why Hermès Outshines as Top Performer?
Despite recent retreats, luxury stocks have significantly outperformed this year, with LVMH stocks increasing by 10% and Hermès by 22%, both surpassing the 6.8% increase of the broader Stoxx Europe 600 index.
Hermes International SA To Go Ex-Dividend On May 2nd, 2024 With 1.24303 USD Dividend Per Share And 1.0809 USD Special Dividend Per Share
March 26th - $Hermes International SA(HESAY.US)$ is trading ex-dividend on May 2nd, 2024. Shareholders of record on May 3rd, 2024 will receive 1.24303 USD dividend per share and 1.0809 USD special
Kering Group (PPRUY.US) issued a surprise warning that sales of the main brand Gucci plummeted, and the stock price fell 9%
Kering said Gucci's sales volume will plummet 20% in the first quarter due to the slowdown in sales in Asia.
European Stocks With Margins at Risk of Contracting as Pricing Deteriorates - JPM
JPMorgan published its list of falling pricing power losers of the Stoxx 600 (STOXX) -- companies at risk as pricing deteriorates.
Hermès Strengthens Its Presence in Tokyo With a New Azabudai Hills Store
The new store is cloaked in a semi-transparent glass facade veiledin delicate washi paper, hand-treated by artisans to create a flowing effect that moves from opadque to transparent.
Hermes Offers Hope Amid Cloudy Luxury Sector -- Market Talk
Hermes looks set to continue to achieve positive results this year, despite a demand slowdown in the luxury industry, AlphaValue analyst Jie Zhang writes in a research note.
Hermes International Goes Ex Dividend Tomorrow
Weekend highlights: The US CPI “Annual Overhaul” is no surprise! S&P broke through 5,000 points, and Moody's downgraded Israel's credit rating, Microsoft's market capitalization reached $3.12 trillion
For more global financial information, please go to the 7×24 hour real-time financial news last week's market review and closing: US stocks rose for the fifth week, and the S&P 500 index reached 5,000 points for the first time. Popular Chinese securities rose more than 10%, Qudian rose 4%, and Good Future, Baidu rose more than 2% on February 9, the top 20 in US stock turnover on February 9: Rumor has it that Nvidia is preparing to get involved in chip customization services. New York gold futures closed down 0.45% on Friday, and the rise in US bond yields put pressure on the US WTI crude oil closed 0.8% higher on Friday, and Israel refused to close the European stock market Most of them closed down Eurostow
Hermes International SA To Go Ex-Dividend On February 16th, 2024 With 0.37744 USD Dividend Per Share
February 10th - $Hermes International SA(HESAY.US)$ is trading ex-dividend on February 16th, 2024. Shareholders of record on February 20th, 2024 will receive 0.37744 USD dividend per share. The ex
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