The stock of Amazon is set to start the day's trading near the $200.00 mark. This is caused by the firm's quarterly financial results, which have been attributed to higher retail sales.
The monthly US Employment data has been published. In general, the data revealed almost no job creation in the USA, which caused a drop of the Dollar.
The Mexican government has asked the US to reconsider the ban on Chinese car tech, as the Mexican industry could be hurt by the ban.
The top global carmaker Toyota and NTT have made an arrangement to invest $3.3 billion in research and development of self-driving artificial intelligence.
Prior to the US holiday sale season, Walmart has reduced the price for Walmart Plus subscription by half. By doing so, the firm intends to catch up in sales with Amazon.
Subway Restaurants has been sued on claims that its advertisements have misled customers by overstating the content of meat in the sandwiches by more than three times.
The Facebook owner, Meta, has reportedly started the creation of its own search engine that would stop the firm's reliance on Bing and Google.
The carmaker workers council of VW has revealed that the firm intends to shut down three European factories and fire tens of thousands of employees, as part of the ongoing major overhaul.
Microsoft is set to publish quarterly financial results after the bell. Investors are looking at the report for hints when will the firm have income from AI, as the new technology has taken up major investment.
Reuters has reported that US commercial real estate firms have been pushing the US government to implement tax reliefs and other incentives, as the firms struggle with delinquencies, high vacancy rates and financing costs.
The US brokerage Robinhood has started to offer new contracts that bet on the outcome of the US Presidential Election,
Due to a local parts rule, Apple iPhone 16 sales are being blocked in Indonesia. The phone does not meet the government's rule that smartphones have to contain a minimum of 40% locally produced parts.
European data has revealed that consumers have returned to shopping in stores instead of online shops. Moreover, there have been observed more online stores in areas near physical stores.
The Governor of the Bank of Japan Kazuo Ueda has revealed at recent meetings with the World Bank and International Monetary Fund that the central bank is looking for ways how to better communicate their policy.
The parent company of Google has reported the third quarter earnings. In general, the firm has passed expectations by experiencing a 10.00% surge in digital add revenues. The stock started the day's trading with a 7.00% gap up.
AMD has reported the firm's quarterly financial results. In general, the firm hit third quarter forecasts, but the stock is dropping due to the firm reducing expectations for the next quarter.
Morningstar has released research that indicates that in 2024 the number of AI equity traded funds has increased by a third, as the AI associated firms continue to attract investment.
The battery making unit of LG Energy Solutions has reduced its expectations for 2025, as the firm has observed a decline of demand for electric vehicles.
In an effort to raise cash, this week, Boeing has launched a new stock sale that is expected to raise as much as $19 billion.
The government of China has warned the European Union to stop negotiating with Chinese electric vehicle makers without the involvement of the Commerce Ministry.
The Chief of the Belgian Central Bank Pierre Wunsch has revealed that he sees no urgency for the ECB to cut rates at a faster pace. Moreover, Wunsch has stated that the Euro Zone could live with inflation below 2.00%.
Index Ventures have revealed in a report that seven European countries have improved their legislation to compete with the US in attracting investment and talent to start-ups.
Taiwan Semiconductor Manufacturing Company has announced that it is suspending shipping to China, as a chip made by the company has been found in a Huawei AI processor.
At 14:00 GMT, two data sets were released that conflict with one another. The US JOLTS Job Openings disappointed, but the CB Consumer Confidence surprised the markets. However, it appears that JOLTS rule the market, as the US Dollar dropped on the announcement.