The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania. Paul Weaver | Lightrocket | Getty Images Walmart will report earnings before the bell on Tuesday, as inflation eases and the holiday season heats up. Here’s what the discounter is expected to report for the fiscal third quarter, according to a survey of analysts by LSEG: Earnings per share: 53 cents Revenue: $167.72 billion The nation’s largest
Investing.com– Most Asian currencies firmed slightly on Tuesday, while the dollar retreated further from recent one-year highs amid persistent bets that the Federal Reserve will cut interest rates in December. Regional markets were also bracing for more economic cues from China and Japan this week, as well as a swathe of purchasing managers index readings from major economies. Most Asian currencies were nursing steep losses through the past week, as
By Yuka Obayashi TOKYO (Reuters) – Oil prices retreated on Tuesday after the previous day’s rally driven by halted production at Norway’s Johan Sverdrup oilfield, but investors remained cautious amid fears of a potential escalation in the Russia-Ukraine war. futures for January delivery slipped 7 cents, or 0.1%, to $73.37 a barrel by 0119 GMT, while U.S. West Texas Intermediate crude futures for December delivery were at $69.23 a barrel,
Investing.com– Oil prices fell slightly in early Asian trade on Tuesday, steadying after clocking sharp gains in the prior session on production disruptions in Norway and an escalation in the Russia-Ukraine war. Prices had rebounded from near three-week lows on Monday, seeing some elements of bargain buying as well after recent losses. But a bleak outlook for global demand and a potential supply glut limited oil’s rally. expiring in January
Bears are hoping this earnings-based stock-market predictor will be right — for once. Source link
The chip maker’s earnings could pose a greater risk to the S&P 500 than the jobs report, CPI or the Fed meeting, BofA anaylsts say. Source link
RIO DE JANEIRO (Reuters) – German Chancellor Olaf Scholz said on Monday he would discuss the delivery of dual-use goods with Chinese President Xi Jinping at the G20 summit, following a report that a Chinese factory is producing military drones for Russia. Russia has established a weapons programme in China to develop and produce long-range attack drones for use in its war against Ukraine, two sources from a European intelligence
Tariffs have taken the spotlight as a policy issue as S&P 500 companies have discussed earnings with analysts since the U.S. presidential election, with investors awaiting clarity on what global trade under a Donald Trump administration may mean for stocks. Source link
Investing.com — Oil prices rose Monday as more intense fighting between Russia and Ukraine raised the possibility of a disruption to supplies, although gains have been limited by concerns about fuel demand in China and the potential of a global oil surplus next year. By 09:15 ET (14.15 GMT), the futures traded 1.4% higher at $67.86 a barrel and the contract climbed 1.5% to $72.12 a barrel. Ukraine to strike
(Reuters) – Brazilian development bank BNDES said on Monday that it has signed a deal with the Asian Infrastructure Investment Bank (AIIB) for the investment of 16.7 billion reais ($2.89 billion) in Latin America’s largest economy. The deal, which was signed on the sidelines of the G20 summit in Rio de Janeiro, is aimed at funding projects aligned with Brazil’s climate fund and with government policies that seek to boost
