Stock markets

Gautam Adani fails to reassure investors as market chaos wipes out billions

Gautam Adani fails to reassure investors as market chaos wipes out billions

New Delhi CNN — Indian billionaire Gautam Adani sought to reassure investors on Thursday after abruptly abandoning a $2.5 billion sale of shares in his flagship firm. “For me, the interest of my investors is paramount and everything else is secondary,” the 60-year-old businessman said in a recorded video address. “Once the market stabilizes, we …

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Medical stocks tend to outperform the market, and analysts expect these names to post big gains

Medical device makers, like many manufacturers, have faced challenges over the past year from inflationary supply chain costs, staff shortages and a strong dollar that has impacted overseas sales. But the new year brought a more upbeat tone from firms in the sector, even as big tech players and others announced layoffs and sounded the …

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Earnings could keep the market on edge next week as investors wait for the Fed

Earnings news will keep investors busy and markets volatile next week as the Federal Reserve’s next rate hike nears. A diverse group of more than 80 S&P 500 companies reported, including industrial companies such as Boeing and transportation companies such as Union Pacific, CSX and Southwest Air. Big tech is also starting to put up …

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Vietnam’s market risks missing out on upgrading to emerging economy status in 2025

A man uses a mobile phone outside the stock exchange in Hanoi, Vietnam on September 10, 2018. Mother Elan | Bloomberg | Getty Images Vietnam risks missing a self-imposed 2025 deadline to complete reforms that would allow it to upgrade its stock market to emerging economy status and attract billions of dollars in investment, three …

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Stock market investors expecting smoother sailing have history on their side

Stock market investors hoping for a breather after a brutally volatile 2022 have history — and options traders — on their side. With slowing inflation supporting speculation that the Federal Reserve is nearing the end of raising interest rates, equity traders are looking for a respite from the turmoil that continued to race through markets …

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