The Daily
Canadian mutual fund net sales just $790 million last month while ETFs accelerate
However, mutual funds still posted net sales, marking positive figures for the whole of the third quarter and for five of the first nine months of 2024. September net sales were recorded by bonds with $2.3 billion (this asset class has been positive every month this year) and specialty with $396 million.
Mutual fund assets gained $40.5 billion or 1.9% month-over-month to almost $2.9 trillion.
If I Could Only Buy 3 Warren Buffett Stocks Through 2025, I'd Pick These Dividend Stocks
Warren Buffett-led Berkshire Hathaway surpassed $1 trillion in market capitalization earlier this year for the first time. For decades, investors have tracked the Oracle of Omaha’s holdings for high-conviction ideas. However, Berkshire has been trimming several top positions this year, including Apple and Bank of America.
Berkshire now has just $320 billion in public equity holdings and has amassed a staggering $276.9 billion in cash as of June 30.
Warren Buffett
Meet the 17 people in the $100 billion club — who are jointly worth more than Amazon or Google
Elon Musk, Jeff Bezos, and Bill Gates are among the very few members of the 12-digit club. Three Walmart heirs joined the elite group in September.
Naira's Value Depreciates Further Against US Dollar in Exchange Market
- Nigerian currency continues its free fall in the official and unofficial foreign exchange market against US dollar
- New data shows that the naira fell by N49.86 in the official market and also weakened by N5 in the unofficial market
- The CBN continue to promise that the market will bounce back and has introduced several policies to secure stability
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy,
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The Federal Reserve should beware of wishing on an R-star
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Rumble call volume above normal and directionally bullish
Bullish option flow detected in Rumble (RUM) with 8,740 calls trading, 5x expected, and implied vol increasing over 6 points to 111.56%. 10/25 weekly 6 calls and 11/8 weekly 6.5 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.10.
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Daily Minute: Pillen discusses abortion initiative; woman pleads guilty to tampering; NU bullish on receivers
Good morning, Lincoln. Here’s what you should know today.
Pillen discusses abortion initiative
A week after the advocacy group seeking to expand abortion access in Nebraska through a ballot initiative released a TV advertisement highlighting the delayed treatment of a Lincoln woman’s doomed pregnancy, Gov. Jim Pillen and a handful of medical providers gathered Tuesday to decry what he called misinformation about the state’s 12-week abortion ban.
Bitcoin Potentially Breaking Out of Range As Three Indicators Flash Bullish for BTC, Says ARK Analyst
Top 2 Energy Stocks That May Implode This Quarter
As of Oct. 23, 2024, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down.
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