Adani shares close higher after brief 35% plunge on Hindenburg jitters; Asia stocks mixed
Investors on Friday digested Wall Street’s rally driven by technology stocks after Meta surged 23% on a better-than-expected earnings report.
Stocks fall on Friday, but S&P 500 notches winning week as strong 2023 continues
Traders assessed a strong U.S. jobs report that suggest higher rates for longer, as well as disappointing tech earnings.
Suspected Chinese spy balloon found over northern U.S.
“The United States government … is tracking a high-altitude surveillance balloon that is over the continental United States right now,” said a Pentagon spokesperson.
Bitcoin briefly rises above $24,000, extending its new year rally amid a broader gain in tech stocks
The jump coincided with a broader rally in stocks led by the Nasdaq as well as a drop in U.S. Treasury yields and the U.S. Dollar Currency Index.
Opinion: Why Beijing is cheering on the U.S. debt ceiling fight
Continued brinksmanship and extremism over the debt ceiling is only serving to undercut a key element of U.S. strength.
Too far, too fast: These stocks are set to decline after hot 2023 starts
The S&P 500 is headed toward another positive week. However, analysts believe some stocks are getting ahead of themselves and are set to fall.
Adani made scheduled U.S. bond payments, to release credit report Friday
Adani Group entities made scheduled coupon payments on outstanding U.S. dollar-denominated bonds on Thursday, sources said.
Apple sales drop 5% in largest quarterly revenue decline since 2016
Apple’s overall sales for the holiday quarter were about 5% lower than last year’s, the first year-over-year sales decline since 2019.
Amazon beats on fourth-quarter revenue but provides light guidance
Amazon exceeded revenue expectations for the fourth quarter, but the stock price slipped on light sales guidance for the first quarter.
Alphabet misses on earnings and revenue as YouTube falls short
Google’s core business is mired in a period of slow growth as businesses reel in ad spending.
