Stock Research

Walmart de Mexico hit with 10-year restrictions over supplier practices

Walmart de Mexico, the country’s largest retail chain, faces a significant regulatory blow as Mexico’s Federal Competition Commission imposed a $4.6 million fine for monopolistic practices. The company will operate under stringent conditions for the next 10 years. The regulator accused Walmart of leveraging its dominant market position to pressure suppliers into granting unfair discounts,… Continue reading Walmart de Mexico hit with 10-year restrictions over supplier practices

Metaplanet raises $30 million via zero-interest bonds to grow Bitcoin holdings

Japan-listed company Metaplanet is issuing 4.5 billion yen ($30 million) worth of zero-interest bonds to expand its Bitcoin holdings. This move aligns with its strategy to accumulate the cryptocurrency as a core asset. Metaplanet’s move mirrors MicroStrategy’s widely recognised approach of leveraging corporate reserves to acquire Bitcoin, positioning itself as a Bitcoin-focused business in Japan.… Continue reading Metaplanet raises $30 million via zero-interest bonds to grow Bitcoin holdings

European stocks climb as French no-confidence vote looms; Indian PSU banks lead gains

European markets edged higher on Wednesday as investors navigated political uncertainty in France ahead of a crucial no-confidence vote in its parliament. Meanwhile, Indian markets saw strong performance in public sector banks, with financial stocks rallying on expectations of policy easing by the Reserve Bank of India (RBI). The French CAC 40 index rose 0.3%… Continue reading European stocks climb as French no-confidence vote looms; Indian PSU banks lead gains

South Korea’s political turbulence shakes markets but democracy endures

South Korea experienced an unexpected political upheaval as President Yoon Suk Yeol declared martial law in the middle of the night, a dramatic move that was swiftly counteracted by the National Assembly. The situation, which unfolded over just six hours, drew global attention and tested the resilience of South Korea’s democracy. Despite the tension, the… Continue reading South Korea’s political turbulence shakes markets but democracy endures

Dow, S&P, Nasdaq hit record highs ahead of Fed decision; Lyft surges 28%, DJT gives up gains

US equity benchmarks rose slightly on Thursday ahead of the outcome of the US Federal Reserve’s policy meeting later in the day.  Benchmark averages extended gains from Wednesday and hit new record highs after Donald Trump won the 2024 US presidential elections.  At the time of writing, the S&P 500 index rose 0.5%, while the… Continue reading Dow, S&P, Nasdaq hit record highs ahead of Fed decision; Lyft surges 28%, DJT gives up gains