LVMH Sales Shine Thanks to China Demand

LVMH Sales Shine Thanks to China Demand

Assessment

Interactive Video

Business

University

Hard

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The video discusses the performance of tech stocks, particularly AMD, which shows promising growth despite some downgrades for Intel and NVIDIA. It also covers 3M's financial results, highlighting a positive outlook despite a slight walk back in estimates. The luxury market, with a focus on LVMH, is performing well, driven by strong demand in China for fashion and leather goods. The video emphasizes the resilience of these sectors amid global economic challenges.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the CEO of LVMH say about the demand for their products in China?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the fiscal year profit for LVMH, and how did it compare to estimates?

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