Find out soon. Good evening, everybody, all that and much more ahead we start with some breaking news on nikola. Shares are down in the after hours, following a big up day. Bloomberg reporting securities and Exchange Commission will exam over the stock selling fraud and allegations, stock down 7 . Youre response . Again, i cant speak, i said it last week, i cant speak to the voracek asity of the shore seller report, acquisition of fraud, i have no idea, but what i stand behind, despite how the gm is structured, whether their investing money, the fact that gm would link their wagon to nikola and if these acquisition prove to be correct, i think the real deleterious thing could happen with shares of gm, in my opinion, potential for exponential move and gm perhaps didnt do the homework others did. Thats my primary concern looking at this entire situation. Tim, to be clear on the story and were trying to get phil up here any moment, you know, Trevor Milton said the other day were going to
To visit the country and this hospital. Until the the European Hospital for Health Tourism is one of the opportunities to earn currency in iran , which has attracted 425,000 Foreign Tourists to the country in the first 4 months of this year with the skill of shafqat doctors. I was a little worried about the eye surgery, but it was done very quickly. I also came to iran for the treatment of liver disease. For a few minutes, they had to travel to other countries for treatment and surgery, and now with the growth of medical knowledge, traveling to iran for the purpose of treatment has increased. The percentage of our Health Tourists are from neighboring countries in the west, east and the persian gulf, and tehran has a good history. It is suitable for kidney transplant according to the statistics of the ministry of health, in the first 4 months of this year, 425,000 Health Tourists came to iran, which is an increase of 28,000 people compared to the same period last year. Out of our 31 pro
Also. We are tracking the potential job warning, in response to what we are seeing in the yen, jgb yields as well, continuing to move higher and closer to the 1 mark. Suzuki saying they are committed to achieving the Fiscal Consolidation goal. What else we are watching, it comes down to expectations around where the boj goes next. We have been hearing from you next to the my chief economist at the bank, saying that doj could raise rates as soon as june, maybe even space for rate hikes four 2024. Today in the session, we are watching the japanese yen and also keeping an eye on equities, a little under pressure so far. Still monitoring from earnings. Key to track will be whether that doj cuts its bond buying neck he saw on monday. Given the backdrop of the weaker yen, the yield gap between japan and the u. S. Japan, lets switch nmc switch and see how south korea is trading. The outlook is a bit weaker, not quite the magnitude of the dump that can japan so far, but still the kospi is 0. 2
Caroline i am caroline hyde. Ed im ed ludlow in San Francisco. Caroline full earnings coverage or had. We have cisco its outlook conservative we will hear from the cfo. Ed walmarts results posted big jump in its online business. Caroline we will be sitting down with start up perplexity to discuss complexity and the search place. Nasdaq out of new record high. Global stocks still raise higher in the Economic Data gives us confidence but will the agency be able to cut . 10 year flat. This is a risk on day. We have seen, down on the day at 65,000 level. Its not all risk on n. End. Ed walmart is up 6 . This story is a search on growth in its online business. We will go to j wolf to talk about that. Cisco is now down 2 in its outlook was seen as strong. We are going to hear from the cfo to break down the networking gear. We come to china. Jd. Com we are learning who the winners and losers are in the ecommerce space. Ali baba is up, why . Jd. Com number one and ali baba number two. Caroline
Forecast for profit. That is coming up in just a bit. Im Katie Greifeld. He markets at the moment, quiet at alltime highs. We broke to the levels on both the s p 500 and nasdaq 100 yesterday, still hovering around there. Taking a bit of a breather. The s p 500 only up by. 1 . The same story at the nasdaq 100, the big tech benchmark currently higher by. 1 . When you are at an alltime high, maybe it is not worth complaining. In the bond market, a little bit of a selloff. Yields on the 10 year currently higher by three basis points but well below where we were with the 10 year currently trading at 4. 36 . Lets get back to earnings. Sales at walmart surging as wealthy shoppers flock to the retailer. The company posting First Quarter sales growth along with a better than expected full year outlook. Consumers getting staples or big purchases. Is this a trade it down that we are seeing a boost in walmart . Yes, it is. It has been one of the big fisheries when the surge we had. Consumer being