Shares of Amazon.com (AMZN -3.66%) slid 3% through 12:30 p.m. ET on Tuesday after Reuters — in an exclusive report — warned that British regulators may launch an antimonopoly investigation into the company’s dominance of the cloud computing marketplacej.
20 Microns(up 5.00%) stood among the top gainers.
Ashapura Minechem(down 3.29%), MOIL(down 3.10%), Lexus Granito(down 2.67%), Madhav Marbles and Granites(down 2.55%), Pokarna(down 2.48%), Orissa Minerals Development Company(down 2.35%), KIOCL(down 2.02%), Aro Granite Industries(down 1.74%), NMDC Ltd(down 1.52%) and Gujarat Mineral Dvpt Corporation(down 1.47%) were among the top losers of the day.
» Read more about: Stock market update: Mining stocks down as market falls »
Monika Halan, Author and Analyst, says, “when people say that I am investing in a fund, they tend to think about equity but you are absolutely right. It is also debt products and people who understand debt funds are able to use them very efficiently for both their near term and short term needs much better than what they would on savings deposits and a fixed deposit.
» Read more about: Monika Halan on busting myths on savings, investment, mutual funds & more »
Renowned global asset manager, MFS, provides an array of financial products and services to fulfill the needs of its investors as well as 10,000 investment professionals. Based on assets raised in the country or region, the company managed assets worth more than $582.7 billion as of Aug 31, 2023.
The company has 1,900 employees dedicated to addressing its clients’ needs.
» Read more about: 3 MFS Mutual Funds for Superlative Returns »
Multiple insiders secured a larger position in Koninklijke Ahold Delhaize N.V. (AMS:AD) shares over the last 12 months. This is reassuring as this suggests that insiders have increased optimism about the company’s prospects.
While insider transactions are not the most important thing when it comes to long-term investing,
» Read more about: Bullish Koninklijke Ahold Delhaize Insiders Loaded Up On €9.7m Of Stock »
EV (Electric Vehicle) titian Tesla (NASDAQ:TSLA) has been prioritizing volume over margins and profits. Though the company’s CEO, Elon Musk, sees margin headwinds as a short-term phenomenon, the company sold fewer cars in Q3 (sequentially) at a lower average selling price,
» Read more about: Tesla (NASDAQ:TSLA): Why Margins May Continue to Head South »
Oct. 2 (UPI) — Tesla’s vehicle production declined in the third quarter, according to the company’s production numbers released Monday morning.
The Texas-based company produced 430,488 EVs during the quarter, with 435,059 deliveries during the same period. The drop was not unexpected as the electric vehicle maker dealt with planned shutdowns to its production line.
» Read more about: Tesla sees predicted vehicle production, delivery drop in third quarter »
A small toy figure and gold imitation are seen in front of the Barrick logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights
Oct 4 (Reuters) – Barrick Gold (ABX.TO) said on Wednesday it would invest nearly $2 billion as part of a project to increase copper production at its Lumwana mine in Zambia.
» Read more about: Barrick Gold to invest nearly $2 bln in Zambia mine to raise copper output »
(Reuters) – Exchange-traded funds tracking automakers saw net outflows last month on worries over the United Auto Workers’ (UAW) strike against the “Detroit Three” and higher interest rates.
Production at General Motors, Ford and Chrysler parent Stellantis have taken a beating as the UAW strike headed into the 20th day.
» Read more about: Bumpy September for auto ETFs as UAW strike, higher rates weigh »
Millions of Americans rely on Social Security benefits for all, or a portion, of their retirement income. Up to 85% of Social Security benefits are subject to federal income tax,
