Monday Sep 23, 2024
Walmart’s Global Growth Strategy and Market Reactions to Fed Rate Cuts
Walmart is betting big on its international business, with significant growth in markets like China and Mexico. Meanwhile, the financial markets are rallying following the Federal Reserve's rate cut, with Apollo Global Management eyeing a major investment in Intel. Additionally, the UK finance minister calls for spending discipline amid rising national debt, and SBFC Finance sees a stock surge after a brokerage upgrade. Join us for an in-depth analysis of these pivotal developments in the finance world.
Sources:
https://finance.yahoo.com/news/walmart-bets-on-its-international-business-to-drive-growth-as-it-expands-in-china-mexico-124519997.html
https://finance.yahoo.com/video/fed-rate-cut-rally-holds-111829936.html
https://www.cnbc.com/2024/09/23/uk-finance-minister-calls-for-discipline-on-spending-but-no-return-to-austerity.html
https://www.livemint.com/market/stock-market-news/sbfc-finance-stock-jumps-19-to-hit-new-record-high-on-brokerage-upgrade-11727089186797.html
Outline:
(00:00:00) Introduction
(00:00:44) Walmart bets on its international business to drive growth as it expands in China, Mexico
(00:03:05) Fed rate cut rally holds, Apollo reportedly eyes Intel investment: Yahoo Finance
(00:05:26) UK finance minister calls for discipline on spending but no return to austerity
(00:07:45) SBFC Finance stock jumps 19% to hit new record-high on brokerage upgrade