On August 5, 2026, McKesson Corporation reported first-quarter fiscal 2027 results showing sales of US$105.38 billion, higher than a year earlier, while net income and earnings per share from continuing operations declined year-on-year.
Even assuming a return to baseline immigration in 2029, the current slowdown in immigration will likely have long-run impacts on business formation and productivity.
Asian shares were mostly lower and South Korea’s Kospi dropped more than 4% on Thursday following declines for some Big Tech giants including memory chipmaker SK Hynix.
