Tesla, Alphabet, LVMH under pressure on earnings: 3 Things
Tesla (TSLA) stock is falling in pre-market trading after reporting mixed second-quarter earnings results on Tuesday, expecting a "notably lower" growth rate throughout 2024.
Alphabet (GOOG, GOOGL) shares are also down in extended hours despite narrowly topping earnings estimates and seeing a promising performance from its cloud segment.
French fashion company LVMH (MC.PA), the parent of brands such as Marc Jacobs and Dior, reports a pullback from core Chinese consumers, contributing to its second quarter revenue decline year-over-year.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
This post was written by Luke Carberry Mogan.