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Luxury Stocks Soar with Chinese Resurgence

Luxury Stocks From Europe Now Getting Expensive?

Chinese Resurgence A comeback in Chinese spending may lead to additional gains for Europe’s glitzy luxury stocks, the region’s top stock market performers in 2023, but for others, the sector is beginning to appear costly. Richemont, a Swiss jewelry manufacturer, and French luxury powerhouse LVMH, which owns Louis Vuitton, have benefited from their wealthy clients’ […]

Broadcom Stock to be Hurt by Apple’s Departure?

Broadcom Stock to be Hurt by Apple's Departure?

Apple has a history of severing ties with chipmakers. For example, in 2020, it replaced Intel processors in MacBook Air computers and other items with its own M1 chips. Broadcom could be the next to go. Apple [AAPL] is rumored to be dropping California-based chipmaker Broadcom [AVGO] by 2025 in order to produce more of […]

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