What to Watch in the Day Ahead - Tuesday, December 10

Reuters
10 Dec 2024
What to Watch in the Day Ahead - Tuesday, December 10

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Oracle is expected to report a rise in second-quarter revenue as it benefits from healthy spending on its cloud services amid stiff competition from larger rivals such as Microsoft and Amazon.

A two-day REUTERS NEXT event is scheduled, where Reuters journalists will speak to global policymakers, business leaders and forward thinkers across six main themes, namely Geopolitics, Economy and Markets, Banking and Finance, Technology and AI, Climate and Sustainability as well as Leadership through Change. Among the speakers are Spain Foreign Minister José Manuel Albares Bueno, Alphabet President & Chief Investment Officer Ruth Porat, Goldman Sachs Chief Executive Officer David Solomon, Sweden Finance Minister Elisabeth Svantesson, Ferrari Chief Executive Officer Benedetto Vigna, OpenAI Chief Financial Officer Sarah Friar, Lazard Chief Executive Officer Peter Orszag, New York Stock Exchange President Lynn Martin and BNY Mellon Chief Executive Officer Robin Vince.

In Latin America, Brazil's IPCA Inflation Index for November is expected to have jumped to 0.37%, easing from 0.56% inflation reading in October. In the 12 months through November, inflation likely rose to 4.85%, compared with 4.76% reported in the previous month.

(Reporting by Ananya Roy in Bengaluru; Editing by Shreya Biswas)

((Ananya.Roy@thomsonreuters.com;))

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