Vera

NewsNov 4, 2026 · 12:44 IST

Shopify Revenue Grows 32% but Q3 Sales and GMV Miss Some Forecasts

Shopify reported third-quarter 2026 revenue of approximately $3.74 billion, up 32% year on year, and gross merchandise volume of about $119.15 billion, up around 29%. Adjusted earnings per share were $0.49 and free cash flow margin was 22%. External consensus comparisons varied by data provider: Yahoo Finance reported revenue and GMV below its polled estimates, while the company itself emphasised strong growth. The Yahoo Finance report cited an 8.7% share-price fall on Tuesday; that is a session-specific observation.

NewsNov 4, 2026 · 12:38 IST

New Zealand Unemployment Rises to 5.7% as Employment Falls in Q3

Stats NZ reported on 4 November 2026 that New Zealand’s seasonally adjusted unemployment rate rose to 5.7% in the September quarter, from 5.6% in June. Seasonally adjusted employment fell 0.1% to approximately 2.891 million people, while the employment rate eased to 66.4% from 66.7%. The unemployment rate was above the 5.5% forecast cited in the stats.govt.nz report. Annual wage-rate inflation was 2.1%.

NewsNov 04, 2026, 12:39 PM GMT+5:30

US Job Openings Hold Near 7.5 Million as Quits Increase in September

The US Bureau of Labor Statistics reported on 3 November 2026 that job openings were little changed at approximately 7.5 million in September. Hires were little changed at 5.4 million and total separations at 5.3 million. Quits increased to about 3.4 million, while layoffs and discharges were broadly unchanged at 1.6 million. The US Bureau of Labor Statistics report quotes a rounded 7.52 million reading against a 7.15 million forecast; this summary uses the official BLS rounded release figures.

NewsNov 4, 2026 · 12:25 IST

AMD Reports Record $13.4 Billion Q3 Revenue as Data Centre Sales Jump 97%

Advanced Micro Devices reported third-quarter 2026 revenue of $13.377 billion on 3 November, up 45% from a year earlier. Its data centre business generated $8.546 billion, a 97% increase, driven by demand for EPYC processors and Instinct GPUs. GAAP net income was $2.428 billion and non-GAAP diluted earnings were $2.09 per share. The figures are from AMD’s published earnings release, not forecasts.

NewsNov 4, 2026 · 12:21 IST

Asian Chip Stocks Slide as Nikkei and Kospi Fall on AI Valuation Concerns

Asian technology and semiconductor shares fell on 4 November 2026 as investors weighed expensive AI valuations and US midterm election developments. The Associated Press reported Japan’s Nikkei down about 3.6%, South Korea’s Kospi down about 3.2%, and Taiwan’s Taiex down about 2.3% in the observed session. Kioxia, SK Hynix and Samsung were among the declining chip-related names. These are time-specific market observations, not final exchange closing prices.

NewsNov 4, 2026 · 12:14 IST

US Midterm Projections Point to Democratic Control of Congress

US media projections following the 3 November 2026 midterm elections indicate Democrats have won the House and made major Senate gains. Reuters reported House control was projected in the Democrats’ favour; Axios reported a Democratic Senate takeover based on Associated Press projections. Some races were still being counted when the reports appeared. These are media projections rather than certified final congressional results, and reports of market losses cannot by themselves prove the election was the sole catalyst.

NewsNov 3, 2026 · 13:27 IST

Vessel Damaged by Unknown Projectile in Strait of Hormuz, UKMTO Says

A vessel transiting the Strait of Hormuz was struck by an unknown projectile, leaving a hole in the ship, the United Kingdom Maritime Trade Operations centre said on 2 November 2026, according to the Associated Press. UKMTO reported that all crew members were safe. The origin of the projectile, vessel identity, extent of operational damage and responsibility for the incident were not established in the cited account. The incident is distinct from earlier unconfirmed Iranian claims about tankers hitting mines.

NewsNov 3, 2026 · 13:21 IST

China Plans Envoy Visit to Iran, Oman and Saudi Arabia as Gulf Tensions Rise

China announced on 2 November 2026 that it would send a special envoy to Iran, Oman and Saudi Arabia in early to mid-November to encourage dialogue and help ease Gulf tensions. Chinese Foreign Minister Wang Yi held separate discussions in Beijing with Iranian and Saudi security officials and urged political solutions rather than renewed military action. Beijing highlighted regional energy flows and shipping security. The announced trip is a diplomatic initiative; no ceasefire, mediation agreement or reopening of shipping routes was confirmed.

NewsNov 03, 2026, 01:13 PM GMT+5:30

US Carries Out Limited Strikes on Iranian Targets Near Qeshm Island

The United States carried out limited strikes against Iranian targets on Qeshm Island in the Strait of Hormuz on 2 November 2026, according to US officials speaking to Reuters and the Associated Press. One US official said the strikes targeted Iranian forces using surface-to-air missiles against US assets. Iran’s state news agency reported explosions on the island. Officials described the action as defensive rather than a resumption of major combat operations. US Central Command did not provide a public response in the Reuters report. The extent of any damage or casualties has not been verified.

NewsNov 3, 2026 · 12:59 IST

China Raises Banks' FX Reserve Ratio to 6% to Moderate Yuan Rally

The People's Bank of China announced on 3 November 2026 that it will raise the foreign-exchange deposit reserve requirement for financial institutions from 4% to 6% with effect from 15 November. Reuters estimated that the adjustment could withdraw around $24 billion in foreign-currency liquidity from the banking system. The measure follows a more than 5% rise in the yuan this year. Reuters reported that the onshore yuan weakened by as much as 0.37% against the US dollar after the announcement. This foreign-exchange reserve requirement change is separate from the PBOC's earlier equity-support swap facility and short-term repo operations.

NewsNov 3, 2026 · 12:54 IST

New Zealand Building Consents Fall 7.9% in September Despite Annual Growth

Stats NZ reported on 3 November 2026 that the seasonally adjusted number of new dwellings consented declined 7.9% in September after a 5.3% increase in August. There were 3,570 new dwellings consented during September. In the year ended September, 41,091 new homes were consented, up 18% from the previous year, while the annual value of non-residential building work consented fell 3.1% to NZ$8.7 billion. The monthly decline and stronger annual count highlight different time horizons; a building consent is not proof that construction has started.

NewsNov 3, 2026 · 12:48 IST

ECB Official Flags AI Valuations and Sovereign Bonds as Financial Stability Risks

European Central Bank Vice-President Boris Vujcic identified elevated AI equity valuations, government-bond market stress and potential losses at investment funds and other non-bank financial institutions as leading risks to financial stability, according to Reuters reporting on 2 November 2026. He noted that the ECB's forthcoming Financial Stability Review, scheduled for 18 November, was prepared as AI stocks began to correct. Vujcic said fiscal weaknesses should primarily be addressed by governments rather than relying on central-bank intervention. These are official risk assessments, not a newly announced ECB interest-rate decision or emergency market intervention.