Luxury Weakness After LVMH Results

On this episode of Stock Movers:
- ASML's orders in the fourth quarter far exceeded analysts’ expectations, as the rapid development of artificial intelligence. Shares surged as much as 7.5% in early trading.
- Sales at LVMH’s key fashion unit fell over the holiday season as Louis Vuitton’s owner continued to suffer from sluggish demand, setting back hopes of a wider luxury rebound.Shares fell 7.4%, the most since April.
- Volvo said truck demand is improving in some markets as customers return after months of weak freight conditions and policy uncertainty.Volvo shares rose as much as 3.2% in early Stockholm trading Wednesday.

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