The “Magnificent Seven” Stocks Have Seen Valuations Tumble. Stocks to Avoid or Once-in-a-Decade Buying Opportunity?
Several years ago, investors may have only looked at the world’s biggest tech stocks individually. In recent years, however, these market behemoths have become part of an unofficial but exclusive group: the “Magnificent Seven,” inspired by the 1960 Western.
These stocks are Apple (AAPL +1.38%),
Read MoreRevolut looking at dual stock market listing in London and New York
The founder and boss of Revolut has said the bank is considering a dual stock market listing in London and New York.
Nik Storonsky told French newspaper Les Echos on Thursday that the fintech firm prefers the US for a potential initial public offering (IPO).
However, he added that the Canary Wharf-based company is still looking at a dual listing on the London Stock Exchange and New York’s Nasdaq index.
» Read more about: Revolut looking at dual stock market listing in London and New York »
Read MoreMutual funds with the highest BSE exposure: Could we see a major reshuffle after NSE's listing? Experts weigh in
The upcoming listing on the NSE on 24 September is set to bring a new listed stock to India’s capital markets. But for mutual fund investors, the listing could also have a knock-on effect on schemes that already hold its listed rival, BSE.
BSE is currently held across index funds,
‘A question of survival’: Inside Iran’s spiralling economy as US sanctions bite
Saudi Arabia claimed that Yemen’s Houthis tried to attack the holy city of Mecca, and the Iran-backed militia claims to have shot down a Saudi F-15 fighter jet over Yemen, as fighting by the Red Sea continues.
On today’s episode of Iran: The Latest, Roland Oliphant speaks with Maziar Bahari, editor of IranWire,
» Read more about: ‘A question of survival’: Inside Iran’s spiralling economy as US sanctions bite »
Read MoreThe “0.5%” Watershed: With the First Interest Rate Hike in 34 Years, Only Those Who Leave Their Savings “Untouched” Will Be Left Behind
■ Have you ever opened your smartphone banking app?
Your ordinary savings account, where your salary and living expenses flow in and out, is something you rarely look at. This autumn, the numbers in the interest rate column are quietly about to be rewritten. The Bank of Japan raised its policy interest rate in September,
Read MoreThe Burst
Hidden Gem in China’s Fintech Market?
Yiren Digital is likely not a company you have heard of but in China it has been growing like a weed thanks to two primary fintech offerings: CreditTech and Wealth Management.
With the rapid growth of China’s fintech sector and the increasing demand for digital financial services, Yiren Digital has been putting up numbers that demand a closer look.
» Read more about: Hidden Gem in China’s Fintech Market? »
Read MoreThe Ivy
Is Another NVIDIA Stock Split Imminent?
NVIDIA has split its stock six times during its 25 years as a public company. The first stock split happened in 2001, and it doubled the number of shares available. If you owned 100 Nvidia shares before the split, you had 200 shares after. The most recent stock split occurred on May 22, 2024 and was 10:1 meaning for every 100 shares owned on May 21,
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Read MoreThe Spotlight
Soros Protege Tripled His Investment In This Stock
I found something interesting sniffing around the latest Duquesne Family Office 13F filings. Former Soros protege, Stanley Druckenmiller tripled his stake in Datadog, a SaaS monitoring and analytics platform.
Why would a billionaire be buying a high growth stock in a rising interest rate environment?
The first clue lies in the DDOG share price.
» Read more about: Soros Protege Tripled His Investment In This Stock »