Hermès Takes Throne from LVMH, Stocks Boosted by Auto Tariff Reprieve | The Opening Trade 04/15
April 15, 2025
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1:36:14Now PlayingHermès Takes Throne from LVMH, Stocks Boosted by Auto Tariff Reprieve | The Opening Trade 04/15
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as posted by the channelHermès’s market capitalization surpassed that of rival LVMH, the conglomerate which once tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago. Stocks rose as US President Donald Trump floated a potential pause in auto tariffs, providing further relief to the market after he suspended levies on some consumer electronics.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
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