LVMH Moët Hennessy - Louis Vuitton, Société Européenne (0HAU.L)

ASML Holding, United Airlines, LVMH: Trending tickers

ASML Holding (ASML) shares are trading lower at Wednesday's market open after the company reported weaker-than-expected net sales in the first quarter. The Dutch semiconductor equipment manufacturer is suffering from slowing demand, but it has reiterated its 2024 outlook as it anticipates a recovery. United Airlines (UAL) shares are trading higher after the company reported first quarter results that topped estimates, reporting a revenue beat and a narrower-than-expected loss. This positive performance comes despite the company recording a loss in the quarter due to the grounding of its Boeing fleet. LVMH (MC.PA) shares are trading higher despite a slowdown in luxury spending. As consumers have become more price-conscious amid rising inflation, the luxury brand conglomerate experienced a hit to its quarterly revenue in the first quarter. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith