Movado Group, LVMH, Burberry: Stocks in focus

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Movado Group News

Brad Smith,Morgan Stanley,Burberry Group

Morning Brief co-hosts Brad Smith and Madison Mills breaks down the day's top trending tickers. Movado Group (MOV) shares are trading lower following the...

) shares are trading lower following the release of its second-quarter earnings report. The watchmaker's full-year outlook fell short of investor expectations, with the company citing challenging consumer conditions as a key factor impacting its projections.) stock is under pressure after Morgan Stanley lowered its price target on the luxury goods giant. The firm pointed to further deterioration in the Chinese market as the primary reason behind this downward revision.

You've got Jessica Alba ludicrous, Tyrese Halliburton and Christian McCaffrey in a new iconic song and advertising campaign, so we'll see if that works to turn around some of the, uh, future prospects for the company.

Michael Mullette, chief operating officer since early 2022 after over two decades with Sanofi and Moderna, will be the interim CEO, the company said. Lykos, formerly known as MAPS Public Benefit Corp, laid off 75% of its workforce and said founder Rick Doblin would leave the board, days after the U.S. Food and Drug Administration's decision. Emerson, who has led Lykos since its founding in 2014, will transition into a senior adviser role.There's no sense in beating around the bush.

J.D. Vance has made several stops in Arizona since being named Donald Trump’s running mate. A campaign stop in Mesa with Charlie Kirk was the latest.COMMENT: ...is that we’ve been told to stay silent about it for so long, writes Emma Clarke. It took a long time for me to finally discover what it is that I actually wanted

 

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