Shares of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), known for its Google subsidiary, are up an impressive 34% in the past year and currently trading just a few points from their all-time high.
The Daily
Why the Market Was so Thrilled With Riot Platforms Stock This Week
A research report singing the praises of the cryptocurrency mining sector was a key impetus behind Riot Platforms‘ (RIOT 5.12%) rise over the past few stock trading sessions. The Bitcoin (CRYPTO: BTC) specialist’s shares were enjoying a nearly 11% lift week to date as of Friday before market open as a result,
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Why did Indian stock market fall today? Explained with five crucial reasons
Stock market crash: Indian stocks came under significant selling pressure in Friday’s trading session, January 17, driven by a sharp sell-off in banking and IT counters, which caused the frontline indices to end the session lower, breaking their 3-day winning streak.
The sell-off could have been more severe if heavyweights such as Reliance Industries and ITC had not supported the markets,
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A crypto council? Trump plans to make cryptocurrency a national priority with executive order
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Phantom cryptocurrency wallet raises $150M at $3B valuation
Cryptocurrency wallet provider Phantom Technologies Inc. has raised $150 million in a new funding at a $3 billion valuation.
The Series C round was led by Sequoia Capital and Paradigm. Andreessen Horowitz’s a16z crypto venture capital arm and Variant also participated in the round,
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Key mutual fund trends observed in December 2024
MUTUAL FUND BRIEFING – DECEMBER 2024
The month of December 2024 saw overall mutual fund AUM contract to ₹66.93 Trillion. December was almost a repeat of October when the sharp correction in the markets led to contraction in AUM. December 2024 also saw sharp outflows from debt funds, which is normal considering quarter end treasury commitments.
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SEBI asks mutual funds to disclose a risk-adjusted return measure called Information Ratio
This ratio will need to be disclosed on a daily basis
The market regulator has asked mutual funds to disclose Information Ratio (IR) to capture the risk-adjusted return (RAR) ratio of any scheme or portfolio.
This will be applicable only to equity-oriented schemes.
SEBI mandates mutual funds to disclose information ratio for risk-adjusted returns | Explained
The Securities and Exchange Board of India (SEBI) has directed mutual funds to disclose a new measure called the Information Ratio (IR) to reflect the risk-adjusted returns (RAR) of equity-oriented schemes. This requirement, announced in a circular on Friday, January 17, 2025, aims to provide investors with a more comprehensive view of a scheme’s performance.
I.M.F. Raises U.S. Economic Forecast as Other Regions Lag
The U.S. economy is on track to grow faster this year than previously expected, the International Monetary Fund said on Friday, citing strength in the labor market and an acceleration in investment.
The I.M.F. projects 2.7 percent U.S. economic growth in 2025 in its latest World Economic Outlook report,
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