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CNBC Business • May 16, 2025

Shares of Cartier owner Richemont jump 7% as shoppers splurge on jewelry despite luxury slowdown

Richemont experienced a notable increase in stock value following quarterly sales that exceeded forecasts, driven by strong demand from affluent consumers despite broader market ch...

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CNBC Business • May 13, 2025

American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

American Eagle experienced a notable decrease in its stock value following the removal of its financial forecast and a significant inventory charge, signaling anticipated lower sal...

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