Boeing in China, LVMH, Netflix's climb to $1T: Trending Tickers [Yahoo! Finance]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
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Source: Yahoo! Finance
LVMH ( MC.PA ) stock is falling after the luxury retail company's first quarter sales missed estimates amid concerns about demand in the US and China. Netflix ( NFLX ) reportedly plans to double its revenue and grow its market capitalization to $1 trillion by 2030. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here We're taking a closer look at some trending tickers this morning, Boeing, LVMH, and Netflix. First up, China ordering its airlines not to take deliveries of Boeing jets amid an intensifying trade war with the US, according to Bloomberg. China is also asking its airlines to stop any purchases of equipment and parts from US companies. President Trump's tariff campaign has resulted in 145% levies on Chinese goods, while China has retaliatory tariffs of 125% on American goods. People familiar with the matter, they say the Chinese government is figuring out how to provide assistance to those airlines that do lease Boe
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