G-20 countries have deployed about $11 trillion to accelerate equitable and sustainable recovery from the coronavirus, according to CNBC. The spending is, by comparison, more than twice the gross domestic…
ECB fiscal support, G-20 joint economic stimulus, Nvidia Q3 revenues and U.S. jobless claims, existing home sales. What impacted the markets today? Global Insights U.S. stocks were weighed down by…
U.S. sales of existing homes in October rose 4.3% from September and 26.6% annually to a seasonally adjusted annualized rate of 6.85 million units, above expected 6.47 million, according to…
U.S. seasonally adjusted initial claims for the week ending November 14 was 742,000, up 31,000 from the previous week's revised level and above expected 700,000, according to the Department of…
Nvidia recorded revenue of $4.73 billion in Q3 2020, a rise of 57% from the prior year and above Q2 revenues of $3.87, according to the company’s press release. Revenue…
Lagarde has promised a forceful monetary stimulus package in December and urged governments to avail of pandemic relief without delay, reports Bloomberg. European Central Bank President has urged European Union…
Boeing 737 Max approval, Walmart’s gamechanging e-commerce and solid revenues, and top monetary policy moves. What impacted markets at mid-week? Global Insights Despite the push for electric vehicles, top producers…
Walmart’s revenue in Q3 was $134.7 billion, up to $6.7 billion or 5.2%, year over year, according to WMT earnings report. U.S. e-commerce sales rose 79% with strong results across…
In a look at news making headlines, Fed voting issues, stimulus packages, and ECB policy are the focus. Here are the monetary policy developments: Shelton’s time is running out in…
Vehicle recalls and investigations are facing major electric vehicle (EV) makers worldwide, according to Reuters. The EV makers are facing challenges after a series of fires from overheating batteries in…
The Federal Aviation Administration issued an order on Wednesday allowing Boeing 737 Max to carry passengers again, sending stock up 5% in premarket trading, according to the FAA press release.…
Airbnb filed its prospectus on Monday as it seeks to debut on NASDAQ under the ticker symbol "ABNB," according to the company’s S-1 filling. The company's revenues fell nearly 19%…