Adani’s $2.5B Share Sale Faced Critical Day After Rout
Gautam Adani faces a crucial day on Monday with his flagship company's $2.5 billion share sale's second day of bidding dwarfed by a $48 billion rout in the Indian billionaire's ...
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Tag: Stock Market
Extreme Bear Sentiment Over As Investors Acquire Stocks And Bonds – BofA
Investors poured cash into bonds and stocks and sold gold and cash in the week to Wednesday, BofA Global Research said on Friday, signaling the end of "extreme bear sentiment". ...
Blackstone’s $69B REIT Limits Redemptions Severely Hitting Property Empire
Blackstone Inc (BX.N) restricted withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday after a rise in redemption requests, an unprecedented blow to a franchise that ...
Blackstone REIT Limitation Is A Probable Warning Sign For Markets
While there has been little huge fallout from this week's rise in redemption requests at an unlisted Blackstone real estate income trust (REIT), it is being seen by some as ...
JP Morgan Cuts 2023 S&P 500 Earnings Projection By 9%
JP Morgan on December 1, 2022, cut its 2023 earnings projection for S&P 500 firms, citing weaker demand, and pricing power, limited buy-backs and margin compression. JPM strategists now estimate ...
How Britain’s Pension Scheme Hedge Turned Into A Trillion-Pound Gamble
It started out quite easy: British pension schemes were seeking a way to match their assets to future pension payments. Schemes run for bookseller WHSmith and pharmacy Boots were early ...
TSMC Cuts Capex On Demand Challenges, Tool Delays; Cautious On Stance
Summary Q3 profit T$280.9 bln vs T$265.64 bln analyst view Q3 revenue climbed 36% on year at $20.23 bln Sees Q4 revenue rising 29% to $19.9-$20.7 billion Taiwanese chipmaker TSMC ...
Rivian Shares Dropped After EV Maker Recalled Nearly All Vehicles
Shares of Rivian Automotive Inc (RIVN.O) slid about 9% on Monday after the electric-vehicle maker recalled almost all its vehicles, aggravating investor concerns that the company may not be able ...
Wall Street Closed Steeply Lower As Jobs Report Underpinned Rate Hike Regime
Summary S. unemployment rate drops to 3.5% Technology leads sector slumps on S&P 500 AMD leads chipmakers lower after revenue warning FedEx falls on report of plans to slash volume ...
FedEx Warning Caused Worst Fall In Stock, Amplified Slowdown Fears
FedEx Corp's shares had their rough day ever and closed at the lowest price since early pandemic months, after the delivery giant withdrew its forecast, contributing to fears of a ...