"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard Arnault told reporters.
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.
A dividend of 17 euros per share will be proposed at the shareholders' meeting on April 13. An interim dividend of 5,5 euros was paid on December 4, while the remaining 7,5 euros per share will be paid on April 28.
The business world has a history of coming up with polite terms to couch unpleasantness. In the past, when it comes to job cuts, CEOs have “let go,” “made
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.
LVMH stock jumped 9% after a rival luxury goods company reported strong earnings. A fashion mogul has gained more wealth this year than Elon Musk, Mark Zuckerberg, or anyone else on the global ...
Bernard Arnault has gained more wealth in 2025 than anyone else, including Elon Musk and Mark Zuckerberg. The LVMH CEO is now the world's fourth richest person after gaining $15 billion on Thursday.
I continue to think that investing very heavily in CapEx and infra is going to be a strategic advantage over time.”
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion since 2020.
Meta CEO Mark Zuckerberg said in Wednesday’s earnings call that the rapid rise of new competitors from China has only bolstered the tech giant’s commitment to its AI ambitions as it spends billions on the emerging tech.
Meta — and the rest of Big Tech — has been chasing face computers for years. Maybe 2025 will be the year it happens?