All of that bodes well for walmart which is forecast to report a 4 rise in sales. Results from the Worlds Largest retailer should also offer a glimpse into demand for back to school items. Traders are hoping that, despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. Staying with retail, jd. Com beat analysts forecast for Second Quarter revenue which rose more than 7 to nearly 40 billion. The chinese e commerce giants Focus On Lower priced products paid off in the fight for customers amid an economic slowdown. The company said it attracted more vendors to its platform and its users shopped more frequently as It Product Range expanded. It was a different story however for tencent where Earning Results came in below estimates in the Second Quarter. Revenue grew 11 to just over 20 billion. Tencent s core Gaming Business experienced weaker than expected growth. Domestic Gaming Revenue was little changed, a sign that the economic slowdown in
Higher Profit Margins than expected as offered fewer discounts. All that bodes well for walmart which is due to report a 4 rise in sales. Results from the Worlds Largest retailer should also a glimpse into demand for back to school items. Traders are hoping that despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. Staying with retail jd. Com Beat Analyst Forecasts for Second Quarter revenue, which rose more than 7 to nearly 40 billion. The chinese e commerce giants Focus On Lower priced products paid off in the fight for customers amid an economic slowdown. The company said it attracted more vendors to its platform, helped by lower thresholds and costs for them to join, and that users shopped more frequently as its Product Range expanded. It was a different story over at tencent where Earnings Results came in below estimates in the Second Quarter. Revenue grew 11 to just over 20 billion. Tencent s core Gaming Business experienced weake
under way as the united states of america hits its limit on debt. how this sets up a showdown for congress and the white house as republicans vow to cut future spending before agreeing to pay the bills already due. stunning news, actor alec baldwin is going to be charged with involuntary manslaughter in the tragic deadly shooting of cinematographer halyna hutchins on the rust movie set. the actor is gearing up for a legal fight while hutchins family is weighing in. and new reaction to the shocking announcement by new zealand s prime minister. why is popular celebrated leader jacinda arden really, really resigning? welcome to the lead. i m jake tapper. growing fears of a looming economic crisis that could affect every single american. today the united states officially hit our debt ceiling. that s the limit set by the u.s. congress on how much the federal can borrow to pay its bills. we re not talking about new spending, money the united states government owes. it is
9,000 workers to walk out at fords largest plant in mid october. The tactic has been to play the auto makers against each other and, in this instance, the uaw may try to pressure stellantis to match an offer on the table. Well get a glimpse into what this means when gm and Ford Report Currently Earnings this week. In the past, the union have used pay and reports to fuel the argument that the companies can afford concessions to workers. Gm reports tuesday. Given wall street verse look at the impact of the strikes. Ford follows on thursday. Staying in the us, rumblings in the market appear to have concerned investors. The snp closing at its lowest since may, that has led to higher demand for government bonds, also called treasuries. Often viewed as a safe haven investment. Leading to a fall in the yield. A boost in demand pushes up prices leading to a fall in the yield, but that has bounced back amid concerns that the fed will continue to hike rates. I spoke to tim murray about the impli
This is the first escalation since the uaw ordered nearly 9,000 workers to walk out at fords largest plant in mid october. The tactic has been to play the auto makers against each other and, in this instance, the uaw may try to pressure them in an offer on the table. We will get a glimpse into what this means when gm and Ford Report Currently Earnings this week. In the fast, the union have used pay and reports to fuel the argument that the companies can afford concessions to workers. Gm reports tuesday giving wall street the first. Ford falls on thursday. Staying in the us, ramblings and the market appear to have concerned investors. The snp closing at its lowest since may, as you can see. Often viewed as a safe haven investment. Leading to a fall in the yield. That has bounced back on concerns that the fed will continue to hike rates. I have spoken to tim murray on the implications. We i have spoken to tim murray on the implications. The implications. We will probably the implications