These are unprecedented times, with companies pumping hundreds of billions of dollars into capital expenditures — data centers, GPUs, and other infrastructure for artificial intelligence (AI). It’s an arms race of sorts, and companies are spending first and asking questions later in fear of missing out on their share of AI adoption. Two groups of […]
Mission Produce: A Post-Merger Assessment
If you’ve been thinking about buying a house with a friend to save money, you’re not alone. Rocket Mortgage surveyed potential home buyers and found that nearly 60% of renters are open to co-buying a home with friends. By sharing expenses and combining financial resources, people who co-buy are able to enter the housing market […]
The Invesco S&P 500 Equal Weight ETF (RSP) continues to attract investor capital, with net inflows accelerating over the past month. This is happening as many advisors and investors are finally beginning to appreciate the merits of an equal-weight strategy. Key Takeaways RSP assigns approximately 0.2% to each S&P 500 constituent during its quarterly rebalance, […]
Over the past three months, 15 penny stocks have witnessed sharp corrections, with declines ranging from 25% to 70%. These underperformers were identified through a screen focusing on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum recent trading volume of 5 lakh shares. The screen […]
Move aside, Wall Street: Miami is vying to be the new epicenter of US business, tech, and wealth. And it’s getting there. A recent Bloomberg report found that the cost of living in the Miami metropolitan area has surpassed that of New York City, making it the country’s second-most expensive major metro area, behind the […]
Five new funds will open for subscription this week. Fund houses introduce new schemes to complete their bouquet of existing offerings. Here is a detailed break-up (Source: ACE MF).
Listen to the audio version of this article (generated by AI). In the summer of 2019, when rows of unsold Model S and Model X sedans baked in the California sun, Wall Street thought Tesla (TSLA) was cooked. The company was running out of road and Tesla’s bears knew it. Margins were shrinking, as was […]
Lazard: Snag Endures, No End In Sight For PE Deal Shortfall
Clearly, there must be a typo in that headline. I’m the one who is always preaching about getting the yield you deserve. So, why would I even consider buying a company that can’t keep its payouts reliable? The short answer: because sometimes a cut now is the right decision for long-term investors. Money is a […]