Walmart plans to deliver coal and gifts in a single day for this winter, but AI will be driving the sleigh. This winter will mark the first test of the company’s “next generation supply chain,” which it revealed Tuesday. The largest employer and retailer in America has been slowly modernising its inventory and delivery system. … Read more
For the Indian economy, the haze of uncertainty is growing. The global economy is experiencing one shock after another with every quarter that goes by. India’s economic prospects would be significantly impacted by slowing global growth and high levels of uncertainty in the financial markets, although recent local macroeconomic data that indicates a rather stable … Read more
Tuesday saw a little increase in Canada’s main stock index in spite of losses in utilities and metals firms, while U.S. markets saw gains the day before the central bank is scheduled to announce an interest rate decision. At 18,873.47, the S&P/TSX composite index finished 16.71 points higher. The Dow Jones industrial average in New … Read more
According to a comment by Peter Oppenheimer, this outperformance can be partially attributed to the country’s technological supremacy as well as the dominance of a few major corporations in the market. “Compared to other major markets, the US equity market now carries a higher risk of concentration, and the stock market accounts for a larger … Read more
The largest supplier of IT infrastructure services in the world, Google Cloud, today announced the launch of new services for financial services firms looking to use the cloud to securely store and safeguard critical data. The new services offered by Kyndryl are intended to meet companies’ regulatory and compliance needs by providing a centralised, scalable, … Read more
US equities ended Tuesday’s trading session higher as investors assessed new consumer confidence data and anticipated the Federal Reserve’s impending policy announcement on Wednesday. US stocks are headed for their third consecutive month of losses. The Dow Jones Industrial Average (DJI) and the heavily tech-weighted Nasdaq Composite (IXIC) both increased by 0.4% and 0.5%, respectively, … Read more
On Tuesday, Japanese bank shares rose on expectations that the central bank will ease its restrictions over the yield curve later in the day. This helped to counteract a significant slide in IT companies that followed losses in their American counterparts and Panasonic’s underwhelming earnings. As of 10:28 local time (0128 GMT), the Topix banking … Read more
Early on Tuesday, Wall Street saw a little increase as investors examined further business earnings in anticipation of the Federal Reserve’s Wednesday interest rate decision. Before the bell, both the S&P 500 and the Dow Jones Industrial Average futures saw gains of 0.3%. Tuesday morning saw a more than 4% decline in Caterpillar following the … Read more
Early on Tuesday, Wall Street saw a little increase as investors examined further business earnings in anticipation of the Federal Reserve’s Wednesday interest rate decision. Before the bell, both the S&P 500 and the Dow Jones Industrial Average futures saw gains of 0.3%. Tuesday morning saw a more than 4% decline in Caterpillar following the … Read more
In a once-in-a-generation U.S. antitrust battle centred on Google paying billions of dollars to be the default on computers and smartphones, Google CEO Sundar Pichai recognised on Monday the significance of making its search engine the default in order to retain customers. Google kept an eye out for compliance once it began to pay for … Read more
