Applied Materials tumbles after issuing a disappointing fiscal first-quarter outlook, Palantir is transferring its stock listing to the Nasdaq, and Tesla rises following a decline on worries President-elect Donald Trump will eliminate purchase tax credits for electric vehicles.
Tech stocks have historically been a solid investment, with strong growth prospects driven by innovation, market expansion, and an increasing reliance on technology in all aspects of life.
Now, with the artificial intelligence (AI) revolution, tech companies with financial resources are at the forefront of major innovations that will shape the future.
» Read more about: 2 Tech Stocks to Load Up On in November »
Apple has been among the most successful technology companies over the past two decades.
» Read more about: Investing Experts: 3 Tech Stocks That Could Be the Next Apple »
VIRGINIA BEACH, Va. (CBS19 NEWS) — A major investment aims to help address the need for workforce housing.
On Thursday, Governor Glenn Youngkin announced the Workforce Housing Investment Program, a Virginia Housing initiative.
According to a release,
» Read more about: New initiative investing millions in affordable housing »
Michael M. Santiago
Major averages dropped Friday as Wall Street reassessed what’s next for the Federal Reserve’s rate-cutting cycle, driving stocks further into the red for the week following a massive advance fueled by Donald Trump’s re-election as U.S.
» Read more about: Nasdaq falls 2%, S&P, Dow drop as Wall Street rethinks pace of rate cuts »
The surge in inflows into thematic funds is capturing the attention of both seasoned and new investors. Nikhil Rungta, Co-CIO of Equity at LIC Mutual Fund, shares his insights on what’s driving this trend, which sectors are benefiting, and how investors can manage risks in the rapidly growing thematic fund space.
Thematic funds gain popularity amid strong economic growth
The rise in thematic fund inflows is largely fueled by India’s robust economic performance and investor interest in specific growth sectors.
The alarm bells are blaring on Dalal Street as domestic stock markets have been in a free fall over the past month, hurt by weak Q2 results and unprecedented selling by foreign investors.
With the Sensex and Nifty tumbling nearly 10% from their peaks, investors are wondering: Could this market correction be a blessing in disguise for mutual fund investors?
» Read more about: Stock markets in free fall: Is it a good time to invest in mutual funds? »
● Flexibility: The investor can opt on how much to invest, stop investing if an immediate need arises, or increase investments with the rise of income.
● Compounding benefits: Periodic investments into mutual funds would make returns earning further returns that aid in the process of wealth creation over time for investors at the beginner’s level.
» Read more about: SIP Made Simple: Best Mutual Funds for a First-Time Investor in 2024 »