Walmart Q1 FY26 Earnings: Focus Shifts to Health of US Consumers
Walmart (NYSE: WMT) will report its Q1 fiscal year 2026 earnings on Thursday, May 15 before the opening bell. Walmart is expected to bring in solid results as the company’s management looks optimistic on the company’s ability to dodge the tariff storm. With strategic in-store and digital growth, innovative ventures like its third-party Walmart […]
US and China Reached A Trade Deal, Lifting Markets Up
The United States and China have agreed to suspend steep tariffs on both nations’ goods, which leads to a de-escalation in trade war tensions between the 2 largest economies. The agreement led to a 90-day pause which was announced on Monday May 5 in Geneva, has ignited optimism in financial markets and raised hopes for […]
US and UK Strike First Trade Deal Post-Tariffs
US President Trump announced a trade agreement that will occur between the United States and the United Kingdom, which marks the first trade deal since the launch of Trump’s sweeping tariffs in April, also known as “Liberation Day”. The deal aims to improve the access for American exports while maintaining a 10% baseline tariff […]
Tesla Global Sales Fall Across Europe and China
Tesla’s global EV sales plummeted across Europe and China in April, arising due to pressure from Chinese competitors and a damaged brand caused by Tesla CEO Elon Musk’s political affiliations. Declining Sales in Europe and China Tesla sales from China-produced EVs declined 6% YoY in April, which marks the seventh month of consecutive declines. Deliveries […]
Germany Elects Friedrich Merz as New Chancellor After Major Setback
Friedrich Merz was elected as Chancellor of Germany in the second-round parliamentary vote after a major setback during the first vote. This marks a significant moment for Germany as Merz secured the needed support to lead a coalition government formed by the center-right Christian Democratic Union (CDU), its affiliate the Christian Social Union (CSU) and […]
Bank of England Rate Decision: What’s Expected?
The Bank of England is set to announce its next interest rate decision on Thursday, May 8 at 15:00 (GMT+4), with expectations pointing towards a 25-bps rate cut. The UK economy is currently facing big pressure from tariffs, a core threat to the UK labor market and economic growth. The expected rate cut could signal […]
Can AMD’s Earnings Help the Stock Regain Momentum?
Advanced Micro Devices (NASDAQ: AMD) will report its Q1 earnings on Tuesday, May 6 after the closing bell. The stock is down 33% YTD at the time of writing. The chip giant is facing tighter restrictions on chip exports, pressure from competitors, and tariff concerns. AMD Q1’s performance will provide crucial insights into the business’s […]
Fed Expected to Hold Rates Steady, Defying Trump’s Call for Cuts
The Federal Open Market Committee (FOMC) will announce the central bank’s next decision rate this coming Wednesday, May 7, with expectations of a rate hold at 4.5%. Traders and investors will be monitoring the FOMC statement and Fed Chair Powell’s comments during the press conference to assess the impacts of President Trump’s aggressive tariff policy […]
Pre-Tariff Buying Spree Pushes US Imports Up, GDP Down
The US economy contracted in Q1 2025 due to an import surge at the start of President Donald Trump’s second term in office as he wages a potentially costly trade war. Behind The Contraction Q1 GDP contracted at 0.3% QoQ, driven largely by a 5% reduction from net exports and government spending. The data was […]
Australia’s First-Quarter Inflation Stays Steady at 4-Year Low
Australia’s CPI for the first quarter of 2025 revealed that headline inflation held steady while core inflation dipped into the Reserve Bank of Australia’s (RBA) target range for the first time since 2021. Inflation Steady, Core Inflation Hits RBA Target Australia’s headline inflation rate for March remained unchanged at 2.4% YoY, the same […]
