Friday, January 27, 2023

Gautam Adani's business loses $50 billion in market value after short seller report

The value of Gautam Adani's business empire has crashed by more than $50 billion this week since Hindenburg Research, a US firm that makes money from short selling, published a blistering report accusing it of fraud.
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Gautam Adani's business loses $50 billion in market value after short seller report
The value of Gautam Adani's business empire has crashed by more than $50 billion this week since Hindenburg Research, a US firm that makes money from short selling, published a blistering report accusing it of fraud. Read more »
 
GOP-led states sue Biden administration to block ESG investment rule
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Goldman Sachs CEO got 30% pay cut -- but still made $25 million
Goldman Sachs had a rough year in 2022. And CEO David Solomon was punished for that. Sort of. Read more »
 
Wall Street is ignoring the Fed. That could be dangerous
As the Federal Reserve continues its inflation-fighting tightrope act, market moves suggest that investors may be feeling more at ease with the central bank's actions. That's not necessarily a good thing. Read more »
 
Chevron earnings soar to a record
Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Read more »
 
Gas prices have surged 40 cents in a month
Normally, prices at the gas pump drift lower during the dead of winter as lousy weather keeps Americans off the roads. But something unusual is happening this year: Gas prices are rocketing higher. Read more »
 
 
 
 
Dow Nasdaq S&P
+28.67   +109.30   +10.13
33,978.08   11,621.71   4,070.56
+0.08%   +0.95%   +0.25%
YTD +2.51%   YTD +11.04%   YTD +6.02%
 
Biggest Winners
American Express Co +10.54%
 
L3harris Technologies Inc +7.92%
 
Robert Half International Inc +5.43%
 
Boston Properties Inc +5.23%
Biggest Losers
Eastman Chemical Co -5.37%
 
Colgate-Palmolive Co -5.22%
 
Valero Energy Corp -4.50%
 
Chevron Corp -4.44%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $79.40 -1.61 / -1.99%
Gold $1,928.70 -1.30 / -0.07%
10-yr 3.52% +0.03
Euro $1.09 -0.00 / -0.20%
More Markets Now
 
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