Business Day
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Business Day
Meta plunge lures value buyers as growth funds flee
For years, investors valued Facebook’s parent company as if its growth would never falter. Now that it has, fund managers who buy cheap, out-of-favour stocks are finally getting a chance to own shares of Meta Platforms.
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Business Day
DAVID CROSOER: Making sense of investment cycles
Equity markets have been under considerable selling pressure in 2022 as investors expect that stubbornly high inflation will cause central banks to raise short-term interest rates multiple times this year. At the same time, expectations for global economic growth have been revise...
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Business Day
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Business Day
LETTER: PIC can take over canning factory to save jobs
If ever there were an occasion to create a state-owned enterprise, Tiger Brands has to be the candidate. Talk is that the Langeberg fruit canning factory near Ceres will be closed since, due to load-shedding and constipation in SA’s ports, it is no longer profitable. Thousands of...
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Business Day
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Masayoshi Son has ‘no doubt at all’ and says those who do can go
There’s a $60bn reason SoftBank founder Masayoshi Son might feel a little down. His company has shed more market value in the past year than during any 12-month period over the past two decades, while his portfolio of private and public companies faces continued turmoil. And yet,...
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