Their performance hasn’t been enough to please investors lately, but those in the long game will find this the right time to raise their exposure to this sector
THE fourth-quarter earnings season is underway, and tech giants Alphabet, Microsoft, Amazon, Apple and Meta have all reported their earnings. While the majority of them exceeded both revenue and earnings expectations,
» Read more about: Are the glory days over for Big Tech stocks? »
SHANGHAI/HONG KONG — Investors pumped more capital into Chinese tech stocks on Tuesday, boosting the Hong Kong market where many of the top companies are listed while sending benchmark mainland indexes lower.
Hong Kong’s Hang Seng Index rose 1.6%, hitting a fresh four-month high. Gaming and social media company Tencent Holdings climbed 2% while e-commerce conglomerate Alibaba Group Holding gained 3% and electronics maker Xiaomi jumped 7%.
» Read more about: China stocks diverge as Xi's business outreach fuels tech surge »
The popularity of ETFs (exchange-traded funds) in India continues to gain momentum among retail and institutional investors.
» Read more about: Rise of ETFs in India: Are we ready for a passive investing revolution? »
The way Elon Musk sees it,
Valeo Financial Advisors LLC lifted its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report) by 18.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,858 shares of the company’s stock after acquiring an additional 454 shares during the quarter.
Argentine lawyers filed fraud complaints against President Javier Milei in criminal court on Sunday for promoting a cryptocurrency on his social media, one of the lawyers told The Associated Press.
On Friday, Milei posted on X about $LIBRA,
» Read more about: Argentine lawyers accuse President Milei of fraud over cryptocurrency promotion »
Before investing in a mutual fund, investors tend to view the past returns. If a scheme has performed consistently well over a long period – say 10 years- – the investors feel confident to choose them. On the other hand, if a scheme has been volatile over the same period- the investors may get wary to invest in them.
Insight Wealth Strategies LLC trimmed its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 34.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,991 shares of the iPhone maker’s stock after selling 19,963 shares during the quarter.
» Read more about: Insight Wealth Strategies LLC Decreases Position in Apple Inc. (NASDAQ:AAPL) »
Leading U.S. investment bank Morgan Stanley (MS) is urging investors to buy Nvidia’s (NVDA) stock ahead of its next earnings print on Feb. 26.
» Read more about: Buy Nvidia (NVDA) Stock Ahead of Earnings, Says Morgan Stanley »
HONG KONG — Shares in Asia were mostly up Tuesday, with Chinese technology stocks surging after Chinese President Xi Jinping met with entrepreneurs this week in what is seen as a show of support to the technology industry.
Hong Kong’s Hang Seng rose 1.64% to 22,986.88, while the Shanghai Composite added 0.15% to 3,360.95.
» Read more about: Stock market today: Asia stocks mostly up as China's technology stocks rally »