This trader made two major market calls in 2022. She says investors are “paid to wait” and should therefore avoid stocks for 2023.

This trader made two major market calls in 2022. She says investors are “paid to wait” and should therefore avoid stocks for 2023.

Ahead of major tech earnings, Meta results set to illuminate Nasdaq Composite COMP for Thursday. The S&P 500 SPX also points to gains as investors take a half-full view of the Fed meeting. The founder of LaDucTrading.com, Samantha LaDuc. “The market is not expecting a higher terminal rate, slower growth, or recession. One or more … Read more

Oil giant announces record annual profits

Oil giant announces record annual profits

Shell said last month that windfall taxes imposed by the European Union and the United Kingdom following the profit hike would cost the group around $2 billion. Paul Ellis | AFP | Getty Images British oil giant Shell on Thursday posted its highest annual profit on record, buoyed by soaring fossil fuel prices and robust … Read more

Adani loses Asia’s richest crown as stock rout worsens to $84bn

Adani loses Asia’s richest crown as stock rout worsens to bn

BENGALURU, Feb 1 (Reuters) – Shares in Indian tycoon Gautam Adani’s conglomerate plunged again on Wednesday as the rout of its companies deepened to $84 billion following a U.S. report on sellers at discovered, the billionaire also losing his title of richest in Asia. the person. Wednesday’s stock losses saw Adani slip to 15th on … Read more

On African farms, forecasts call for adaptation and innovation

On African farms, forecasts call for adaptation and innovation

I planted drought-tolerant seeds, fed and weighed chickens, and used a cell phone to monitor weather forecasts and local crop prices. These are some of the tasks given to me during my visit with Mary Mathuli, a small-scale farmer from rural Kenya. I stopped by her home in Makueni County, southeast of Nairobi, on my … Read more

Expert analysis: what to expect in energy markets this year

Expert analysis: what to expect in energy markets this year

I always like to enter my energy forecast at the beginning of January, so it’s a bit later than normal. Last year’s forecast was particularly challenging, as Russia’s invasion of Ukraine rocked energy markets. The ongoing war there will still be a major theme this year, which adds an additional challenge to forecasting. As always, … Read more

Opinion: Pressure from Big Tech tech innovators is costing you more for apps and other internet services

Opinion: Pressure from Big Tech tech innovators is costing you more for apps and other internet services

Over the past three decades, American innovation has played an outsized role in defining, inventing and deploying the wireless technology that helps put the world in our back pocket. But unless U.S. lawmakers take steps to foster and protect local development, the country risks ceding its position as a global leader. In 1993, AT&T T, … Read more

Asian stocks mostly rise, but Hang Seng tumbles more than 2% as Alibaba tumbles on reports of seat changes

Asian stocks mostly rise, but Hang Seng tumbles more than 2% as Alibaba tumbles on reports of seat changes

BANGKOK (AP) — Stocks were trading mixed in Asia on Monday after Wall Street benchmarks closed higher on Friday, capping a third week of gains in the past four. Tokyo and Shanghai rose while Hong Kong, Seoul and Sydney fell. Taiwan’s benchmark index jumped 3.8%. Attention turned to Wednesday’s decision by the Federal Reserve on … Read more

Column: Thermal coal prices in Asia fall as China and India buy less: Russell

Column: Thermal coal prices in Asia fall as China and India buy less: Russell

LAUNCESTON, Australia, Jan 30 (Reuters) – Asian marine thermal coal markets are losing steam, with prices and volumes falling as winter demand passes and the energy crisis in Europe eases. Prices for major traded grades of coal used in power stations fell to their lowest in months last week, and to their lowest in a … Read more

Billionaire Gautam Adani loses $26 billion

Billionaire Gautam Adani loses  billion

Last year, Gautam Adani, 60, was the star of all the rankings of the richest people in the world. He was one of the few billionaires to see his net worth rise sharply as the global economic downturn rattled the fortunes of tech moguls. Adani, an unknown in the West, saw his fortune increase by … Read more

Energy giants set to break annual profit records

Energy giants set to break annual profit records

US President Joe Biden previously pointed the finger at Exxon Mobil for making “more money than God” last year. Brandon Bell | Getty Images Some of the world’s biggest oil and gas companies are poised to report record annual profits, raking in extraordinary revenues after a year of volatile fossil fuel prices amid Russia’s assault … Read more