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Everything you need to know about Gautam Adani and Hindenburg after the short seller's fraud allegations burnt a $72 billion hole in the richest Asian's empire

Mon, 01/30/2023 - 06:39

Tech Insider

Gautam Adani talking while seated. — Gautam Adani, founder and chair of Adani Group.
Amit Dave/Reuters

Markets, MI Exclusive, Gautam Adani, hindenburg research, Adani Group, Short Sellers, Stock Market Analysis

Adani market cap plunge deepens to nearly $72 billion even after the conglomerate issued a 413-page rebuttal to short-seller Hindenburg

Mon, 01/30/2023 - 05:36

Tech Insider

Gautam Adani — Gautam Adani.
Photo credit should read SAM PANTHAKY/AFP via Getty Images

Markets, MI Exclusive, Gautam Adani, Adani Group, hindenburg research, short seller, Fraud

Gautam Adani is tumbling down the ranking of the world's richest people, and he's already lost $28 billion in the first month of 2023

Mon, 01/30/2023 - 00:47

Tech Insider

Gautam Adani talking while seated. — Gautam Adani.
Amit Dave/Reuters

Markets, News, MI Exclusive, Gautam Adani, Billionaires, Short Sellers, hindenburg research

Jeremy Grantham warns of a massive stock market crash and highlights what to own in his 2023 outlook. Here are the 7 best quotes.

Sun, 01/29/2023 - 08:45

Tech Insider

GettyImages 1193640564 — Jeremy Grantham.
Boston Globe/Getty Images

Markets, MI Exclusive, Stock Market Outlook, Stock Market Analysis, Stock Market, Jeremy Grantham, Jeremy Grantham GMO

Sam Bankman-Fried's FTX might even owe money to a tiny Bahamian garden shop. Here are some surprising names on the crypto exchange's long list of creditors.

Sun, 01/29/2023 - 08:30

Tech Insider : Crypto

This is a photo of Sam Bankman-Fried looking to the side. — Sam Bankman-Fried founded the now-bankrupt crypto exchange FTX.
Tom Williams/Getty Images

Markets, MI Exclusive, Cryptos, cryptocurrency, Alameda research, Sam Bankman-Fried, SBF

Who is Coffeezilla, the crypto detective who says he got Sam Bankman-Fried to admit to fraud?

Sun, 01/29/2023 - 08:15

Tech Insider

Cybercrime and crypto hacking — Vladimir Kazakov/Getty Images

Markets, MI Exclusive, Coffeezilla, Sam Bankman-Fried, ftx, ftx bankruptcy, crypto scams

Warren Buffett bet $600 million on Gillette - and ended up owning Duracell. Here's how his razor wager led to him buying the battery titan.

Sun, 01/29/2023 - 07:06

Tech Insider

warren buffett — Warren Buffett.
REUTERS

Markets, MI Exclusive, Warren Buffett, Berkshire Hathaway, Gillette, procter & gamble, Stocks

Inflation has cooled, but investors risk being caught off guard by a 'head fake' that could halt the latest stock-market rally

Sat, 01/28/2023 - 10:10

Tech Insider : Economy

A server carries drinks to a table at P.J. Whelihan's restaurant and pub in Spring Township, Pennsylvania. — A server carries drinks to a table at P.J. Whelihan's restaurant and pub in Spring Township, Pennsylvania.
Ben Hasty/MediaNews Group/Reading Eagle via Getty Images

Markets, MI Exclusive, Stocks, S&P 500, Inflation, economy, Recession

Russia faces new sanctions on its energy exports - but this time China and India may not come to Putin's rescue

Sat, 01/28/2023 - 08:30

Tech Insider

Russian President Vladimir Putin (L) and Chinese President Xi Jinping pose for a photograph during their meeting in Beijing, on February 4, 2022. — Russian President Vladimir Putin and Chinese President Xi Jinping.
Photo by ALEXEI DRUZHININ/Sputnik/AFP via Getty Images

Markets, MI Exclusive, Russia, Ukraine, Oil, Products, Trading

Warren Buffett shelled out $6.5 billion to help Mars buy Wrigley during the financial crisis. Here's how he made the candy deal happen.

Sat, 01/28/2023 - 07:02

Tech Insider

warren bufett eating — Warren Buffett.
Rick Wilking/Reuters

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Mars, Wrigley

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