80% of equity mutual funds outperform respective benchmarks in October 2024, PL Wealth study finds
In October 2024, 80% of equities mutual funds beat their respective benchmarks, following a recent performance review by PL Wealth Management. The assets under management (AUM) of stock mutual funds fell by 4.03% sequentially, from INR 26,43,291 crore in September 2024 to INR 25,36,803 crore in October 2024, excluding Sectoral/Thematic Funds.
Nvidia is Wall Street’s most valuable company. How it got there, by the numbers
Nvidia has once again turned out quarterly results that exceeded Wall Street’s forecasts. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications.
Revenue nearly doubled in the latest quarter from the same period a year earlier, Nvidia reported Wednesday.
» Read more about: Nvidia is Wall Street’s most valuable company. How it got there, by the numbers »
Read MoreIndia to be insulated from trade war between US and China: Goldman Sachs
New Delhi [India], November 21 (ANI): India will be relatively insulated from the global economic shocks expected from a potential trade war between the United States and China in 2025, according to a report by Goldman Sachs.
The report says that despite the ongoing global uncertainties, India’s long-term structural growth prospects remain robust.
» Read more about: India to be insulated from trade war between US and China: Goldman Sachs »
Read MoreCryptocurrency Tycoon Purchases Viral Banana Artwork for Millions
In an extraordinary blend of art, cryptocurrency, and cultural commentary, a banana duct-taped to a wall, known as ‘Comedian’ by Italian artist Maurizio Cattelan, captured significant attention at a recent Sotheby’s auction.
Initially displayed at Art Basel Miami Beach in 2019, the thought-provoking artwork sparked debates on artistic standards and value.
» Read more about: Cryptocurrency Tycoon Purchases Viral Banana Artwork for Millions »
Read MoreNvidia is Wall Street’s most valuable company. How it got there, by the numbers
Nvidia has once again turned out quarterly results that exceeded Wall Street’s forecasts. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications.
Revenue nearly doubled in the latest quarter from the same period a year earlier, Nvidia reported Wednesday.
» Read more about: Nvidia is Wall Street’s most valuable company. How it got there, by the numbers »
Read MoreThe Burst
1 Organ Transplant Disruptor to Buy on the Dip
TransMedics (NASDAQ:TMDX) is an innovative biotechnology company that may well have the potential to disrupt the $11 billion organ transplant industry.
The company’s unique organ care system technology protects and monitors donor organs before they are transplanted into patients, resulting in improved organ health and outcomes. TransMedics also provides logistical services,
» Read more about: 1 Organ Transplant Disruptor to Buy on the Dip »
Read MoreThe Ivy
Why Charlie Munger Never Sold Costco Stock — Even When It Looked Overvalued
Charlie Munger became famous in the investment world as Warren Buffett’s right-hand man at Berkshire Hathaway and the architect of Berkshire’s philosophy of buying great businesses at fair prices versus the prior mantra of buying good businesses at great prices.
Over a nearly 100-year life, Munger would pass up innumerable investment opportunities, choosing to put money only into the few that truly offered exceptional value.
» Read more about: Why Charlie Munger Never Sold Costco Stock — Even When It Looked Overvalued »
Read MoreThe Spotlight
Major European Fintech with 36% Upside?
Euronet Worldwide (NASDAQ: EEFT) isn’t particularly well-known on US shores but it sits at the intersection of financial technology and the growing demand for cross-border transactions.
If you’re not already familiar with the firm it has a pretty diverse portfolio of financial technology services that encompass ATMs,
» Read more about: Major European Fintech with 36% Upside? »