MARKETS
- Finance
Why some advisers tell young advisers the dip ‘is your friend’ amid market swings
The Dow is on track for its eighth straight weekly fall, the longest stretch since April 1932 How low can…
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The CEO of the world’s second-largest alternatives firm is optimistic about a light recession
(Click here to subscribe to the Delivering Alpha newsletter.) For the last two decades, Bruce Flatt has been the CEO of Brookfield…
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Boeing Gets Good News: It Flipped an Airbus Customer
A Boeing 737 MAX 10 airliner. Ellen Banner-Pool/Getty Images British Airways parent International Consolidated Airlines gave Boeing investors some good…
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Rising fuel costs are a massive problem for business and consumers — Here’s why they’re so high
A sign displays gas prices at a gas station on May 10, 2022 in San Mateo County, California. Liu Guanguan…
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Crypto exchange FTX U.S. gets into stock trading
Sam Bankman-Fried, CEO of FTX US Derivatives, testifies during the House Agriculture Committee hearing titled Changing Market Roles: The FTX…
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Share Market Live: Sensex, Nifty Set To Fall; ITC, BPCL, Lupin, Adani Enterprises, IndiGo In Focus
Key Earnings Estimates !function(){“use strict”;window.addEventListener(“message”,(function(e){if(void 0!==e.data[“datawrapper-height”]){var t=document.querySelectorAll(“iframe”);for(var a in e.data[“datawrapper-height”])for(var r=0;r<t.length;r++){if(t[r].contentWindow===e.source)t[r].style.height=e.data["datawrapper-height"][a]+"px"}}}))}(); Earnings Today Godrej Consumer Products Dr. Reddy’s Gland Pharma…
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Melvin Capital says it’s winding down funds and returning money to investors during market turmoil
Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in…
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Households are now spending the equivalent of $5,000 a year on gasoline: Yardeni
A woman rides an electric bike past a gas station as current gasoline prices continues to climb close to record…
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Share Market Live: Sensex, Nifty Set To Fall; Bharti Airtel, Indian Oil, DLF, ITC In Focus
Bharti Airtel Q4 FY22 (Consolidated, QoQ) Revenue up 5.47% at Rs 31,500 crore EBITDA up 9.1% at Rs 16,040 crore…
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The Global Safety Net Against Hunger Is Frailer Than You Think
(Bloomberg Opinion) — How has the world managed to double its population over the past 50 years while still keeping…
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Markets shrug off inflation worries, gallop 2.54%; DIIs, retail investors big buyers
Shrugging off inflation woes, the equity markets rallied smartly on Tuesday with the Sensex putting on 1,344.63 points and racing…
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Powell says the Fed will not hesitate to keep raising rates until inflation comes down
US Federal Reserve Chairman, Jerome Powell, testifies before the House Financial Services Committee on “The Semiannual Monetary Policy Report to…
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Retail spending increased 0.9% in April, boosted by demand and inflation
A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as…
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Paramount shares jump about 14% after Buffett’s Berkshire reveals new stake
In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background. Pavlo…
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Citigroup shares jump 5% after Warren Buffett reveals a near $3 billion stake in the struggling bank
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP The 91-year-old “Oracle of Omaha” scooped up Citi shares…
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Selling Troubled Flag Carrier a Tough Task for New Sri Lanka PM
(Bloomberg) — Sri Lanka’s new Prime Minister Ranil Wickremesinghe wants to sell the national airline, saying the country’s poorest people…
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Sensex, Nifty Snap Six-Day Losing Streak Aided By Auto, Power, Banking Stocks
‘Focus On Firms With Positive Cash Flows, High Pricing Power, Zero Debt On Balance Sheet In The ‘Risk-Off’ Mode’ Amit…
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Share Market Live: Sensex, Nifty Volatile; Gujarat Narmada Valley Fertilizers Surges
Godrej Agrovet Rises Most In Over A Week On Q4 Beat !function(){“use strict”;window.addEventListener(“message”,(function(e){if(void 0!==e.data[“datawrapper-height”]){var t=document.querySelectorAll(“iframe”);for(var a in e.data[“datawrapper-height”])for(var r=0;r<t.length;r++){if(t[r].contentWindow===e.source)t[r].style.height=e.data["datawrapper-height"][a]+"px"}}}))}(); Shares…
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Ukraine Latest: Ukraine Rejects Putin’s World War II Comparison
(Bloomberg) — Ukraine rejected on Monday President Vladimir Putin’s attempt to justify Russia’s invasion as an effort to defend the…
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Ukraine Latest: Japan to Phase Out Russian Oil; Crude Swings
Japanese Prime Minister Fumio Kishida plans to gradually phase out imports of Russian oil as he joined other Group of…
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Ukraine’s Tiny Neighbor Suffers Economic Fallout From The War
(Bloomberg) — The Russian invasion of Ukraine has spurred a rush of loans to help tiny Moldova defray the economic…
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Ukraine Latest: Mariupol Siege Dwindles to Plant’s ‘Dead Men’
Group of Seven leaders pledged to ban Russian oil imports, even as Hungary held out against a European Union energy…
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Ukraine Latest: Chelsea Deal; NATO Calls for More Modern Weapons
(Bloomberg) — NATO Secretary General Jens Stoltenberg has called on the West to supply more modern weapons to Ukraine, saying…
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Modi Faces a Dilemma: Keep Indian Voters Happy or Feed the World
(Bloomberg) — A growing food security threat is set to push Indian Prime Minister Narendra Modi into a conundrum: continue…
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Share Market Live: Sensex, Nifty Set To Open Lower; Marico, TVS, Voltas, Kotak Bank, RIL In Focus
Earnings Today Reliance Industries Tata Power Federal Bank Canara Bank CSB Bank Grindwell Norton Shipping Corporation of India Paushak HIL…
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Brookfield Growth Backs Material Bank at $1.9 Billion Value
(Bloomberg) — An arm of Brookfield Asset Management Inc. led a $175 million equity funding round for Material Bank, Chief…
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Asia’s Richest Man Is Said to Scout for Indian Media Assets
(Bloomberg) — Indian billionaire Gautam Adani is seeking to boost his media investments in an ambitious expansion plan, according to…
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Ukraine Latest: U.S. Spells Out Its Weapons Training in Germany
(Bloomberg) — The European Union proposed a ban on Russian crude oil phased in over the next six months, part…
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U.S. East Coast Diesel Supply Is Running on Fumes
(Bloomberg Opinion) — The horizon south of the Statue of Liberty is interrupted by the silhouettes of several oil-tank farms. New…
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Warren Proposes Giving U.S. FTC Power to Probe Price Gouging
(Bloomberg) — Senator Elizabeth Warren says she’s writing a bill that would empower the Federal Trade Commission to investigate price…
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Ares-Led Group Snaps Up $2 Billion Chunk of Nielsen Buyout Debt
(Bloomberg) — A group of lenders led by Ares Management Corp. has scooped up the unsecured portion of the $11.15…
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Statar Capital Bets on Power as Natural Gas Drives 18% Return
(Bloomberg) — Statar Capital LLC posted an 18% return during the first four months of 2022, largely on the back…
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Crypto Crowd’s Secret Gala Convenes Outside the Gates of Milken
(Bloomberg) — No name tags and by invitation only, an exclusive cryptocurrency crowd is gathering behind closed doors at the…
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DeSantis’s Dissolution of Disney District Stumps Credit Raters
(Bloomberg) — Florida Governor Ron DeSantis’s move to punish Walt Disney Co. by dissolving its debt-issuing district has befuddled two…
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European Stocks Drop as May Starts With Gloom and a Flash Crash
The Stoxx 600 Europe Index ended 1.5% lower, following a brief, sharp dive by as much as 3%. With the…
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Hydrogen Is Every U.S. Gas Utility’s Favorite Hail Mary Pass
(Bloomberg) — Utilities that run on natural gas have been fervently touting hydrogen as a key way to remain relevant in a world rapidly…
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Ukraine Latest: EU Energy Ministers Debate Rubles-for-Gas Demand
(Bloomberg) — European Union ministers gathered in Brussels to discuss their response to Vladimir Putin’s demand to pay for gas…
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Buffett Lures Omaha Disciples With Stock Buys, Inflation Warning
(Bloomberg) — As war broke out in Europe and U.S. inflation soared, Berkshire Hathaway Inc.’s Warren Buffett was doubling down…
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Can the World Feed Itself? Historic Fertilizer Crunch Threatens Food Security
(Bloomberg) — For the first time ever, farmers the world over — all at the same time — are testing…
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Texas Plans a Texas-Sized Response to Rising Seas
(Bloomberg Opinion) — In coastal Texas and many other places, walled cities are making a comeback. It’s quite a turnabout,…
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Irrational Market Exuberance Is Dying a Painful Death: Devitt
(Bloomberg) — Former Federal Reserve Chairman Alan Greenspan famously used the phrase “irrational exuberance” to describe the euphoric investor sentiment…
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Ukraine Latest: Zelenskiy Decries ‘Brutal’ Donbas Bombardments
(Bloomberg) — Russia is seeking to move away from the U.S. dollar and rely less on imports in response to…
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JBS Eyes Growing Halal Food Market With Middle East Expansion
(Bloomberg) — JBS SA, the world’s largest meat supplier, is expanding in the Middle East and North Africa, buying two…
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Texas Gets Power Supply-Chain Map to Aid Disaster Response
(Bloomberg) — Texas has a new map that identifies critical pipelines and facilities needed to keep the power grid stable…
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Ukraine Latest: Germany Won’t Block Oil Embargo; Kyiv Struck
(Bloomberg) — Germany signaled it wouldn’t oppose a European Union embargo on Russian oil, but expressed skepticism that it’s the…
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Earnings Exacerbate Stock Market Volatility Whipped Up by Fed
(Bloomberg) — Wild swings have been a hallmark of the U.S. stock market all year. It’s only gotten worse during…
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Gazprom’s 2021 Annual Earnings Hit Record on Gas Price Rally
(Bloomberg) — Russia’s gas giant Gazprom PJSC reported its highest-ever annual income for 2021, when natural gas prices soared during…
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KKR Hires From Barclays, UBS for Equity Capital Markets Push
(Bloomberg) — KKR & Co. hired a pair of bankers from Barclays Plc and UBS Group AG as part of…
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Buffett Revs Up Deal Machine With Investors Set for Omaha Trek
(Bloomberg) — Warren Buffett the dealmaker is back. After hanging in the shadows for most of the pandemic, the billionaire…
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KKR Seeks to Take Hitachi Transport Private in $5.2 Billion Deal
(Bloomberg) — KKR & Co. unveiled a tender offer to take Hitachi Transport System Ltd. private in a deal valued…
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