Walmart Inc.

The Japanese government approved the largest stimulus package since the pandemic at 21.3 trillion yen (about $135 billion), aimed at fighting inflation, supporting households and building defense capabilities. In the U.S., on the other hand, there is growing concern about rising inequality, with Walmart reporting a decade-long record gap between low- and high-income shoppers. These and other topics are in our review of key events for the morning of November 21.

Highlights for this morning: OpenAI struck a deal with Foxconn, Walmart warned of inequality

NVIDIA Corporation

Taiwan Semiconductor Manufacturing Company Limited

Advantest Corporation

TSMC, Samsung and Advantest are among the growth leaders

Asia tech stocks soar on strong Nvidia report

Shiseido Company, Limited

Pan Pacific International Holdings Corporation

Trip.com Group Limited

The risk of a boycott of Japanese goods in China could hit sales of Uniqlo, Asics and Muji

China has warned the public against traveling to Japan. Which stocks are affected?

SK hynix Inc.

Samsung Electronics Co., Ltd.

Lasertec Corporation

Ibiden Co.,Ltd.

Companies in Asia related to artificial intelligence may be a cheaper and more promising option for investors to capitalize on the AI boom than U.S. companies, according to Saxo Bank. Asia is the "AI backbone" because most chips and memory modules are manufactured there, and that's where the capital investment flows from market leaders: "Factories continue to operate regardless of which U.S. platform wins the software race," Saxo said.

"US sells the dream, Asia builds the machines": Saxo names the best markets for AI investors

A Goldman Sachs strategist who accurately predicted Wall Street's weak performance this year expects U.S. stocks to underperform global markets into the next decade, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-11-12/goldman-strategists-see-us-stocks-lagging-all-peers-next-decade">writes.</a>

Goldman expects the S&amp;P 500 to lose its leadership 10 years down the road. Where should investors go?

Toyota Industries Corporation

Toyota Motor Corporation

Elliott has blithely opposed the biggest deal for Japan to buy out a public company and turn it private

Activist investor Elliott bought shares of Toyota Industries. They're up 55% for the year

SoftBank Group Corp.

Shares of artificial intelligence-related companies from Japan and South Korea were particularly hard hit  

"The answer is to run": Asian stocks collapse on fears of overvalued AI race leaders

The Japanese currency could fall to this level if it breaches the 155 mark, Amundi believes

Hedge funds bet on the yen falling to 160 per dollar by the end of the year

UBS Group AG

Switzerland's UBS beat expectations, increasing profits by 74%. Donald Trump signaled he is willing to cut tariffs on Chinese goods, paving the way for a new trade truce. Japan's Nikkei 225 index topped 51,000 points for the first time. About these and other topics - in our review of key events for the morning of October 29.

UBS recommends not to bet only on the US rally. How to protect the portfolio?

IHI Corporation

Kawasaki Heavy Industries, Ltd.

The outcome of the US President's meetings with the leaders of Japan and China this week could have a major impact on Japanese stocks

Japan's Nikkei crossed the 50000 point mark for the first time. Will it give a boost to stocks?

HSBC Holdings plc

Novartis AG

Japan's Nikkei index crossed the 50,000-point mark for the first time amid optimism in anticipation of U.S.-China talks and a rebound on Wall Street. Novartis buys biotech Avidity Biosciences for $12 billion, strengthening its position in RNAi therapeutics. HSBC pledges $1.1 billion in reserves after a failed Madoff judgment in Luxembourg. These and other topics - in our review of key events by the morning of October 27.