Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef held bilateral meetings with leaders of several global companies specialising in advanced manufacturing technologies and marine industries last week.
During the meetings they reviewed promising investment opportunities in these sectors and the enablers provided by the Kingdom to facilitate investors’ journeys,
WM is underperforming the S&P 500 in 2025.
The company’s core business is performing well,
The U.S. economic performance, as indicated through stock markets, shows both resilience and caution. Investors found confidence after the Federal Open Market Committee (FOMC), led by Chairman Jerome Powell, cut the key benchmark interest rate by 25 basis points in two consecutive meetings to support growth. The new target range for the federal funds rate is 3.75-4.00%.
» Read more about: 4 Top Fidelity Mutual Funds to Strengthen Your Portfolio »
Locating financial assets, such as mutual funds, demat accounts, bank accounts and so on, that a deceased person left behind without a trace is just the beginning, if you are the legal heir or even an executor of the will. What lies ahead is equally tricky. Families must secure,
» Read more about: How to claim your inheritance — property, EPF, bank FDs, mutual funds »
Mr. A has been investing in a few mutual funds for the past eight years, without adding any new schemes. However, when he tried recently to invest in a new scheme from a different mutual fund company, he hit a roadblock.
The asset management company’s website displayed a message stating his ‘know your customer’ (KYC) details needed to be validated.
» Read more about: Many mutual fund investors are prisoners of KYC. Here's how to free yourself. »
Scott Bessent
Photo : Twitter
US Treasury Secretary Scott Bessent has warned that some parts of the US economy, especially the housing sector, may already be in recession because of high interest rates.
» Read more about: Is US Economy Facing Recession? What US Treasury Secretary Scott Bessent Said »
Investec offered a bullish outlook on Bank of Baroda, upgrading its rating from ‘hold’ to ‘buy’ while increasing the target price from Rs 250 to Rs 325.
The firm’s re-rating comes on the back of Bank of Baroda’s strong growth and return on assets, which were supported by low credit cost and an NII-led operating profit beat.
ASML Holding N.V. (NASDAQ:ASML) ranks among the stocks with the best earnings growth for the next 5 years. Deutsche Bank reaffirmed its Buy rating on ASML Holding N.V. (NASDAQ:ASML) after the company’s third-quarter results, while raising its price target from EUR900 to EUR1,000 on October 16.
Elon Musk teased exciting updates for Tesla’s robotaxi division.
Tesla (TSLA +3.75%) reported earnings last week. And while there were some disappointments, I am left very excited about one thing: a revelation from Elon Musk regarding the company’s robotaxi ambitions.
The company’s plans to aggressively ramp up production are based on the assumption that its unsupervised full self-driving solutions will become a reality.
It’s no secret that Tesla‘s (TSLA +3.74%) valuation isn’t based on it being just another car company, even though it’s the leading player in electric vehicles (EVs).
» Read more about: Tesla's Stock Just Got Riskier, but Is It Still a Buy? »
