Alibaba’s shareholders have approved an important change to the company’s Hong Kong stock listing, upgrading it from a secondary to a primary listing. This change, […]
Tag: Investments
SoftBank Vision Fund 1 Reports Mixed Results: $544 Million Loss on Paytm, Profits on Other Investments
SoftBank’s Vision Fund 1 lost $544 million on its $1.6 billion investment in Paytm, which it sold off completely in the June quarter. In November […]
Michael Burry’s Q1’24 Portfolio Update: Major Moves and New Investments
Michael Burry has just filed a 13F for Q1 2024, updating his portfolio. He has significantly increased his Alibaba position by 66.6%, making it his […]
Adani Group: Net Debt Decreases to Rs 1,78,350 Crore, Achieving a 3.5% Reduction; Net Debt-to-EBITDA Ratio Improves to 2.5X from 3.8X in FY22
The Adani Group’s financial health is the strongest it’s been in at least five years, especially regarding its ability to manage debt. Despite facing criticism […]
Bank of America Report: Massive Inflows to Crypto Funds and Record-Breaking Cash Trends
Bank of America’s recent data highlights substantial inflows into various asset classes for the week concluding on February 28. Leading the pack is cash, witnessing […]
JPMorgan Analysis: Navigating Potential Headwinds in Corporate Profits Amidst S&P 500 Record High
The benchmark S&P 500 closed at a record high on Wall Street, yet JPMorgan analysts caution that corporate profits might face headwinds. Investors, buoyed by […]