1. French election: it is time for the French to make a decision on their next chief: centrist Emmanuel Macron or the some distance-proper national entrance rival, Marine Le Pen. the two bubbled to the top in a heated race that is coming to an finish on Sunday.
The polls indicate that Macron is predicted to beat Le Pen, although nothing is certain in politics anymore. however buyers are hoping they’re correct as a result of international markets rallied following Macron’s first-position end. If he wins once more, they’ll probably transfer positively once more, albeit in a more muted method.
but when Le Pen wins? it may possibly produce a robust response from the markets as a result of she desires to carry again the French franc and probably pull her usa out of the european Union.
associated: Markets bet on a Macron win in France
related: Is Le Pen going comfortable on chance to give up the euro?
2. more cash: they simply do not cease.
This week, it is the media’s time to optimistically shine: news Corp (., )Time Inc. ( and )Disney ( will file. All three firms had been within the headlines lately due to administration shakeups, canceled gross sales and layoffs. )
Retail manufacturers, which had been hit laborious today, additionally report this week: JCPenney (, )Kohl’s (, )Macy’s ( and )complete foods (. The pure meals grocery store in the past mentioned rebounding gross sales final quarter, but it surely continues to be saddled with takeover discuss. )
associated: there is a retail bubble — and it can be bursting
related: retailers are closing at an epic percent
three. Snap salary: Snap ( is reporting revenue for the very first time on Wednesday. The messaging-cut down-camera firm will use the chance to show that it will possibly develop its consumer numbers and advert money. it’s unclear if CEO Evan Spiegel will take part in the name. )
Snap has lots to show. The stock has been on a roller coaster due to the fact that its March debut. It at first popped in its first week, dipped very low and is now hovering around its opening price. the call will be peppered with questions if it might face up to fb’s all-out assault and Twitter’s reinvigorated push into video.
related: fb’s transformation into Snapchat is nearly complete
four. Coming this week:
Monday — Sturm Ranger income
Tuesday — news Corp., SeaWorld, Priceline and Softbank salary
Wednesday — Snapchat, twenty first Century Fox, Wendy’s, complete foods earnings
Thursday — Kohl’s and Macy’s income
Friday — JCPenney cash; Retail sales document
CNNMoney (the big apple) First printed may 7, 2017: 7:53 AM ET
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