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    Home » Hermès Takes Throne from LVMH, Stocks Boosted by Auto Tariff Reprieve | The Opening Trade 04/15

    Hermès Takes Throne from LVMH, Stocks Boosted by Auto Tariff Reprieve | The Opening Trade 04/15

    April 15, 2025 Business and Money Vids 2 Mins Read
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    Hermès’s market capitalization surpassed that of rival LVMH, the conglomerate which once tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago. Stocks rose as US President Donald Trump floated a potential pause in auto tariffs, providing further relief to the market after he suspended levies on some consumer electronics.

    The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.

    Chapters:
    00:00:18 – Trump Tariffs: Auto Exemption
    00:01:15 – US Bonds: Bessent Downplays Selloff
    00:05:11 – Trump Pharma Tariffs in Future
    00:06:51 – LVMH Sales Miss
    00:11:14 – Nvidia Ups US AI Production
    00:11:39 – Zuckerberg Testifies in FTC Meta Case
    00:12:24 – Harvard Funding Freeze
    00:18:13 – Inflation Will Be ‘Temporary’: Fed’s Waller
    00:24:35 – Stocks Gain on Auto Tariff Reprieve
    00:28:50 – No ‘Clear’ Dollar Alternative: Rabobank FX
    00:36:18 – Treasury, Fed Always in Contact: Bessent
    00:46:07 – Luxury Stocks Slump at Market Open
    01:04:21 – LVMH, Prada, Gucci Kering Stocks Down
    01:13:24 – Investors Shy Away from US Assets
    01:27:57 – EU Remains Ready for Fair Trade Deal: Sefcovic
    ——–
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