U.S. Luxury Stock News

Elanco Animal Health Incorporated ( NYSE:ELAN ) shareholders would be excited to see that the share price has had a...

The board of Chesapeake Utilities Corporation ( NYSE:CPK ) has announced that it will be paying its dividend of $0.685...

Kyndryl Holdings (NYSE:KD) announced a collaboration with the Virginia DMV to modernize its systems, which likely contributed to its share price rising 22% last month. During the same period, the company also made key leadership appointments and continued its share buyback program, potentially reinforcing investor confidence. Meanwhile, the overall market saw little change and remained flat as anticipation built around Nvidia's earnings. Kyndryl's initiatives, such as migrating critical...

Vertiv Holdings Co (NYSE:VRT) experienced a significant price increase of 26% last month, drawing attention as it aligns with several recent corporate developments. The company reaffirmed its earnings guidance for 2025, emphasizing the solid trajectory of the data center market, driven by AI demand and strategic investments in R&D and capacity expansion. Additionally, the announced retirement of long-serving CFO David Fallon and new product initiatives with NVIDIA may have added momentum. As...

PDD Holdings (NasdaqGS:PDD) recently reported significant sales growth for the first quarter of 2025, reaching CNY 95,672 million, compared to the previous year's CNY 86,812 million. Despite this increase, the company's net income and earnings per share both fell, potentially influencing the flat share price movement observed over the past month. With major indices such as the S&P 500 and the Dow Jones showing little change during the same period, PDD Holdings' financial results may have...

Hewlett Packard Enterprise (NYSE:HPE) recently announced significant expansions of its HPE Aruba Networking portfolio, including the introduction of new distributed services switches, which are geared towards enhancing performance for AI and enterprise applications. This comes amid a favorable market environment, with the S&P 500 up 11% over the past year and stability in recent trading. These developments likely added weight to HPE's stock appreciation, as the company's shares advanced 10%...

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Viking Holdings (NYSE:VIK) recently completed a significant Follow-on Equity Offering, raising $1.35 billion by issuing over 30 million shares at $44.20 each. This capital-raising effort may have contributed to the company's 11% share price increase over the past month. Alongside these developments, Viking's improved Q1 earnings performance also likely supported investor sentiment, as the company narrowed its net loss significantly compared to the previous year. These individual company...

AbbVie (NYSE:ABBV) recently unveiled promising data on its investigational therapies, including the novel c-Met-targeting ADC, Temab-A, and the SEZ6-directed ADC, ABBV-706, indicating progress in their clinical pipelines. Despite these announcements, AbbVie's stock price remained flat, aligned with overall market stability. The market awaited significant financial updates, such as Nvidia's anticipated earnings report, contributing to a general holding pattern in stock movements. While...

Pinterest (NYSE:PINS) experienced a significant 21% increase in its share price over the past month, amidst key corporate governance changes. The company's amendments to its bylaws and its restated certificate of incorporation, effective from late May, reflect an effort to enhance procedural clarity and director indemnification. Additionally, Pinterest's strong first-quarter earnings, showing an improvement from a net loss to a net income, would have likely bolstered investor confidence...

fuboTV (NYSE:FUBO) recently experienced a significant price move of 20% over the past month. The company's recent change of auditors, shifting from KPMG to PricewaterhouseCoopers, occurred amid preparations for a business combination with The Walt Disney Company and Hulu, aligning with SEC requirements. This change in auditing structure, alongside a strong Q1 earnings report showing a shift to profitability, likely added momentum to the stock's rise against a backdrop of an overall flat...

Okta (NasdaqGS:OKTA) has announced confirmed earnings guidance, anticipating a 10% year-over-year growth for Q2 fiscal 2026. This factors into its notable 40% share price increase over the last quarter, contrasting with a flat broader market. During this period, significant events included Okta's addition to multiple S&P indexes and introducing innovative product features, which complemented the upward price movement. While the market held steady amidst global economic uncertainties, Okta's...

e.l.f. Beauty (NYSE:ELF) announced plans to expand its presence with e.l.f. Cosmetics and e.l.f. SKIN into the Netherlands and Belgium by May 26, 2025. This European market expansion aligns with the company's reported 66% year-over-year growth in non-U.S. net sales, highlighting its global aspirations. Meanwhile, major stock indices displayed minimal movement while awaiting Nvidia's earnings report, reflecting a generally flat market trend. Despite the mixed signals in broader markets, e.l.f...

Over the past month, Meta Platforms (NasdaqGS:META) experienced a stock price increase of 17%, influenced significantly by a recommendation from proxy advisory firms to support a shareholder proposal for reporting on anti-hate practices. This aligns with investors' recent emphasis on governance and ethical operations. Moreover, strong Q1 earnings marked by a substantial rise in net income and partnerships with Red Hat and others to advance AI development, complemented this positive momentum...

Mastercard (NYSE:MA) experienced a price increase of 8% over the last month, coinciding with a period of notable activity. A key development was the partnership with ila Bank, aiming to enhance product offerings with affluent and travel benefits, which may have supported investor sentiment. The firm also collaborated with the Bankees Foundation on crypto-rechargeable prepaid cards. Additionally, Mastercard's first-quarter earnings showed growth, with revenues up to $7.25 billion. These...

Key Insights Universal Health Services' estimated fair value is US$228 based on 2 Stage Free Cash Flow to Equity...

EPAM Systems (NYSE:EPAM) announced amendments to its Articles of Association during its AGM on May 22, 2025, which could potentially impact its governance structure. Over the past month, EPAM’s shares rose by 11%, coinciding with positive developments such as expanded strategic collaboration with Amazon Web Services and ongoing share repurchases. Despite broader market indices remaining relatively flat, the company's substantial Q1 earnings report and future revenue guidance might have...

Ameriprise Financial (NYSE: AMP) announced the launch of its Ameriprise Signature Wealth Program, a major development aimed at offering personalized investment strategies with enhanced efficiency. Over the past month, the company's stock rose 11%, aligning closely with the overall market's 11% gain over the last year. While the launch of the new program is a significant step and could have contributed to optimism, its impact was likely tempered by broader market conditions, similar to other...

Quaker Chemical Corporation ( NYSE:KWR ), might not be a large cap stock, but it saw a decent share price growth of 15...

Verisk Analytics (NasdaqGS:VRSK) implemented significant governance changes on May 20, enhancing shareholder rights by simplifying voting processes and updating officer liability policies. These adjustments, alongside a strong earnings report earlier in the month, may have supported the company's 11% price rise over the past month. While the broader market showed minimal change amid anticipation of Nvidia's earnings, Verisk’s governance reforms and financial performance likely provided...

Recent rumors of a $16 billion acquisition deal between private equity firms TPG Inc. and Blackstone (NYSE:BX) for Hologic, Inc. have sparked significant interest in the medical technology sector. Over the past month, Blackstone's stock recorded a moderate 5% increase, likely reflecting market reactions to these discussions as well as other strategic moves, such as their offer for Statkraft India and talks to acquire TXNM Energy. These activities, combined with the market's general movements...

JPMorgan Chase (NYSE:JPM) recently announced the expansion of its affluent banking services, opening 14 new J.P. Morgan Financial Centers across key U.S. states, while also leasing new office space in Paris. These initiatives are expected to enhance client engagement and strengthen market presence. In tandem, the company unveiled the JPMorgan Chase Center for Geopolitics, focusing on global business trends, alongside updates in quantum research software. Amid a largely flat market, the...

AngloGold Ashanti (NYSE:AU) saw a significant price movement of 39% over the last quarter. This price change appears to follow the executive shift marked by Rhidwaan Gasant's departure from the board, which was confirmed at the AGM on May 27. The company reported strong earnings, with Q1 2025 net income jumping to USD 443 million, which might have reinforced investor confidence. Additionally, AngloGold's agreement to sell interests in gold projects in Côte d'Ivoire reinforced its strategic...

MicroStrategy (NasdaqGS:MSTR) has recently made waves with a reported 41% increase in its stock price over the last quarter. This considerable uptick comes amid a challenging financial backdrop, where the company posted a Q1 2025 net loss of $4.22 billion compared to a loss of $53 million in the prior year, and navigated a class action lawsuit regarding its bitcoin investment strategy. Despite these hurdles, MicroStrategy unveiled new AI-focused software solutions, aimed at strengthening its...