The Daily Editor

Investors are returning to naira-denominated mutual funds as the risks that once drove them into dollar assets begin to ease. A more stable exchange rate, high domestic yields and tighter monetary policy have shifted the risk-reward balance in favour of local currency investments, prompting a reassessment of where capital is best preserved.

Industry data show that assets under management in naira-denominated mutual funds rose by about 140 percent in 2025,

 » Read more about: Why investors are taking a second look at naira mutual funds  »

TLDR

• Cathie Wood’s ARK Invest purchased $34.16 million in AMD stock after shares plunged 17% on February 4
• ARK bought $15.09 million worth of Tesla shares as the electric vehicle stock declined 4%
• The fund sold $73.01 million in Teradyne stock across multiple ETFs,

 » Read more about: Cathie Wood Scoops Up AMD and Tesla Stock After 17% Crash  »

MELBOURNE, Australia — MELBOURNE, Australia (AP) — Australia’s central bank lifted its benchmark interest rate Tuesday by a quarter percentage point to 3.85%, after three rate cuts last year and as inflation surges.

The Reserve Bank of Australia has boosted its cash rate for the first time since November 2023,

 » Read more about: Australia's central bank raises interest rate to 3.85% after 3 cuts  »

 » Read more about: Stock Market Today: Futures Tick Higher as Investors Mull Tech Earnings; Bitcoin Drops Below $70,000  »

US stock futures turned lower on Thursday in an apparently fruitless search for a reprieve from a two-day tech sell-off as investors waited for Amazon earnings and assessed Alphabet’s big AI spending plans.

S&P 500 futures (ES=F) moved roughly 0.6% lower,

 » Read more about: Stock market today: Dow, S&P 500, Nasdaq wobble after tech sell-off as silver slides, in wait for Amazon earnings  »

US stock futures turned lower on Thursday in an apparently fruitless search for a reprieve from a two-day tech sell-off as investors waited for Amazon earnings and assessed Alphabet’s big AI spending plans.

S&P 500 futures (ES=F) moved roughly 0.6% lower,

 » Read more about: Stock market today: S&P 500, Nasdaq poised to add to tech sell-off as Google sinks, Amazon looms, silver tanks  »

 » Read more about: CNBC's Inside India newsletter: The facts — and frictions — of the U.S.-India trade deal  »

In a detailed thread, Gupta wrote that his cousin was once the “success kid” of the family — a Tier-1 B.Tech and MBA graduate who landed a ₹12 lakh-a-year job in 2013, bought a house, and moved his …

 » Read more about: ‘Buried under ₹70 lakh debt’: How a family’s ‘success kid’ got trapped in F&O trading  »

While most of Wall Street focuses on large- and mega-cap stocks, which offer safety and liquidity, many investors are constrained in the number of shares they can buy. Many of the most significant public companies, especially the technology giants, trade at prices of up to $1,000 per share. Meanwhile, others trade in the low to mid-hundreds.

 » Read more about: These $5 Stocks and ETFs Are Paying Huge Yields to 12%, but There’s a Catch  »

The base rate impacts what banks and lenders charge you when you borrow money – so for example, if you have a mortgage – as well as the rate they pay on savings

The Bank of England has held its base rate at 3.75% –

 » Read more about: Bank of England holds interest rates at 3.75% – what it means for you  »