A strong quarter from Richemont lifted luxury stocks, including LVMH. LVMH and Richemont have both struggled in China. The report bodes well for LVMH's upcoming results. As of 1:07 p.m. ET ...

With the most to lose, luxury brands, including Bulgari, Cartier and Tiffany (now an LVMH brand), stood firmly behind that barrier and held only natural diamonds were luxury. But now the walls ...

The upshot is that companies like LVMH have seen their share prices sag even as the broader market reaches new highs. This Is What Nvidia Says Could Be the Next Big Trend in Artificial Intelligence.

Bernard Arnault, the CEO of LVMH (MC) who holds the fourth-place spot ... behind Bezos, Oracle (ORCL) founder Larry Ellison, who shot to the second-place spot in that ranking with a net worth ...