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The Swiss population prefers cuts to the army over reductions in pensions, according to a recent survey amid proposed federal spending cuts. While nearly two-thirds oppose savings on the AHV and IV, opinions on where to cut vary widely, with development aid and media funding frequently mentioned. A significant portion of respondents also supports generating additional revenue through taxes, such as a financial transaction tax.
[Nova's website]
Nova (Nasdaq: NVMI), a leader in metrology solutions for semiconductor manufacturing, announced that CFO Guy Kizner will attend the 2024 UBS Global Technology and AI Conference on December 3 in Scottsdale, AZ, where he will be available for one-on-one meetings.The company emphasizes its commitment to innovation and high-performance solutions that enhance product yields and accelerate time to market for semiconductor manufacturers. Nova's operations are subject to various risks, including geopolitical tensions and market fluctuations, which may impact future performance.
Global markets reacted sharply to escalating U.S.-Russia tensions, with stocks falling and investors seeking safe-haven assets. Putin"s revised nuclear doctrine expands conditions for nuclear retaliation, coinciding with U.S. support for Ukraine"s use of long-range missiles, raising fears of potential escalation. Oil prices also dipped despite the conflict"s intensifying nature.
NVIDIA"s upcoming quarterly figures are set to influence market movements, with high expectations from investors following a recent decline in share price. Meanwhile, concerns over the new Trump administration"s economic policies are causing unease in Europe, reminiscent of past trade conflicts. Additionally, escalating tensions from Ukraine"s missile strike on Russian territory have contributed to a negative market sentiment, with the DAX down over 1%.
The Indian equity markets ended a seven-day losing streak on November 19, with the Nifty closing at 23,518.50 and the Sensex up 239.37 points at 77,578.38. Despite a positive start and gains in auto, realty, and media sectors, the indices faced volatility due to geopolitical tensions. The market will be closed on November 20 for Maharashtra Assembly polls.
The Sensex and Nifty indices have both declined by 1% from their day"s highs amid rising tensions from the ongoing Russia-Ukraine conflict. Investors are closely monitoring the situation as it impacts market stability and sentiment.
The ASX 200 surged to a record high of 8431, up 131 points (+1.59%), driven by optimism from Nvidia"s earnings and strong performance in the financial sector. The Reserve Bank of Australia"s meeting minutes indicated stable policy settings, with little chance of an interest rate cut before May 2025. Local tech stocks also benefited, with notable gains in companies like TechnologyOne and Afterpay"s owner Block.
The G20 summit in Rio de Janeiro is showcasing Brazil"s leadership under President Lula, who aims to address global hunger and poverty through initiatives like a special tax on the super-rich. Despite tensions, including Argentina"s opposition, the summit has seen a warm welcome from Brazil, with significant attendance from global leaders, including US President Biden and Chinese President Xi Jinping. Lula"s focus on social issues reflects a shift in the global power dynamic, as he seeks to elevate the voice of the Global South.
Redwood Capital Management, a $9.4 billion hedge fund, is seeking to raise $2.25 billion for its next drawdown fund. The previous fund achieved a net internal rate of return of 31.6% this year and 17.4% since its 2021 inception, capitalizing on market opportunities stemming from geopolitical tensions, rising interest rates, and inflation. Currently, Redwood has invested 50% of that fund"s capital.
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Swiss survey reveals preference for army cuts over pension reductions
16:58 19.11.2024
nova to participate in 2024 ubs global technology and ai conference
14:00 19.11.2024
va to participate in 2024 ubs global technology and ai conference
14:00 19.11.2024
global markets react as russia expands nuclear strike conditions amid tensions
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13:29 19.11.2024
NVIDIA earnings and Trump"s policies create market uncertainty in Europe
11:39 19.11.2024
Indian markets end seven-day losing streak with gains in key sectors
11:12 19.11.2024
Markets retreat as Russia-Ukraine conflict intensifies impacting Sensex and Nifty
11:01 19.11.2024
asx 200 reaches record high driven by strong financial and tech sectors
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06:27 19.11.2024
G20 summit in Brazil focuses on poverty and environmental investments
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20:27 18.11.2024
redwood capital management seeks 2.25 billion for new credit fund
19:35 18.11.2024
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