Category: Stocks and Bonds

Why Adani’s $100 Billion Loss Hasn’t Tanked India’s Markets

The New York Times – Business:
The steadfastness of India’s economy attests to the size and seeming strength of the country’s broader business landscape.
For More Certainty in Your Retirement Portfolio, Consider Annuities

The New York Times – Business:
Higher interest rates made annuities more attractive in 2022. Better quality products are increasingly available, but consumers still need to read the fine print.
The Week in Business: The Fed Slows Down

The New York Times – Business:
Jobs numbers soared far past analysts’ forecasts. Meta’s stock price surged. And Robert Iger faces a major test as Disney reports its first quarterly earnings since he returned as C.E.O.
Gautam Adani’s Rise Was Intertwined With India’s. Now It’s Unraveling.

The New York Times – Business:
The tycoon often said the Adani Group’s goals were in lock step with India’s needs. Now, the company’s fortunes are crashing, a collapse whose pain will be felt across the country.
Investor Lawsuit Against Elon Musk and Tesla Goes to a Jury

The New York Times – Business:
The case centers on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.
How Markets Have Redefined Value and Growth Stocks

The New York Times – Business:
With the exception of Apple, eight tech giants are no longer “pure growth” stocks, while Exxon and Chevron are, a new study says. Our columnist says: Buyer, beware.
Tech Earnings Disappoint Investors as Giants Stress Cost Cuts

The New York Times – Business:
Apple, Amazon and Alphabet all reported disappointing quarterly results, as they emphasized efforts to cut costs in the face of an economic slowdown.
Meta Soars by Most in Decade, Adding $100 Billion in Value

The New York Times – Business:
Mark Zuckerberg’s company recorded its biggest daily market gain in nearly a decade, as the mood brightens among tech investors.
Meta Soars by Most in Decade, Adding $100 Billion in Value

The New York Times – Business:
Mark Zuckerberg’s company recorded its biggest daily market gain in nearly a decade, as the mood brightens among tech investors.
Wall Street Likes Meta’s Plans to Cut Costs

The New York Times – Business:
Meta’s chief executive, Mark Zuckerberg, called 2023 the “year of efficiency,” a pronouncement that is reassuring investors and sparking a wider rally in tech stocks.
Adani, Embattled Indian Company, Scraps $2.5 Billion Share Sale

The New York Times – Business:
The cancellation of the offering is a blow to the company and its billionaire owner, Gautam Adani.
Stock Market’s Newfound Optimism Faces Test as Fed Meets

The New York Times – Business:
Recent stock gains have been driven by hope that a rate-raising cycle is close to ending. If investors decide they were wrong about this, a drop could follow.