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Jefferies’ Chris Wood reshuffles India portfolio. Here’s a look at the shifts across 6 sectors – Strategy Shift
In a clear signal of selectivity, Wood has exited Larsen & Toubro, Thermax, and Godrej Properties. These names had previously represented bets on India’s infrastructure and premium housing cycle. The exits suggest a tightening lens on valuation and earnings momentum, with Wood opting to redeploy capital toward names better aligned with current market themes. (Disclaimer:…
Tesla set to introduce six-seat Model Y in China by late 2025- Reuters By Investing.com
Tesla (NASDAQ:) is set to produce a new six-seat version of its Model Y vehicle, targeting a launch in China by late 2025, Reuters reported Tuesday. The move is part of the company’s strategy to refresh its best-selling electric vehicle (EV), which first hit the market in 2020 as the company seeks to enhance the…
Thursday: FOMC Statement, Unemployment Claims
by Calculated Risk on 11/06/2024 07:36:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 230 thousand initial claims, up from 227 thousand last week. • At 2:00 PM, FOMC Meeting Announcement. The…
Linkfest: 13 August, 2024
Some stuff I am reading today morning: Retail inflation slips to 5 year low of 3.54 % (Rediff) Why Sunil Bharti Mittal reconnected with BT ( FT ) QIP of Adani Enterprises on track (BS) Boosting bank deposit growth is a challenge (Forbes) Company: Coal India (BI) Why almost nobody is buying green hydrogen (HT)…
