Meet the Artificial Intelligence (AI) Stock That Is Crushing Nvidia and Palantir on the Market
This cloud AI infrastructure provider is soaring thanks to its stunning growth.
Nvidia and Palantir Technologies are among the leading companies in their respective niches in the artificial intelligence (AI) industry, with one of them dominating the hardware space and the other one being known for its cutting-edge software platform.
Warren Buffett Is Increasing His Investments in Japanese Companies. Should You Also Invest?
Key Takeaways
- Warren Buffett’s Japanese holdings, now worth $30.0 billion, have increased significantly in value this year.
- His biggest investments are in the five largest Japanese trading houses, which often trade below book value and have consistently high annual total yields of 4% or more.
Rebooting the global financial system will pay dividends in Africa
Here’s a little-known fact worth considering — the just over 530 public development banks (PDBs) operating globally make up only about 5% of the financial sector yet, between them, they manage around $23 trillion in assets.
To put that in perspective, Africa’s largest multilateral bank, the African Development Bank, holds assets worth $50 billion,
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Read MoreExplained: What August mutual fund flows reveal about investor behaviour
Mutual fund flows in August showed a mix of resilience and moderation, as equity schemes continued their 54-month streak of positive inflows while overall collections eased compared to July’s record levels. According to AMFI data, equity mutual funds attracted ₹33,417 crore in net inflows, down 21.7% from ₹42,672 crore in July.
SIP contributions remained steady at ₹28,265 crore versus ₹28,464 crore a month earlier.
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Read MoreElon Musk responds to Tesla pay proposal by buying $1 billion worth of stock
Elon Musk is responding to the unprecedented pay package proposal from Tesla’s board of directors by slightly increasing his stake in the company. Musk bought $1 billion in Tesla stock through an irrevocable trust on September 12th, according to a regulatory filing released Monday. Tesla shares were trading up over 5 percent on the news,
» Read more about: Elon Musk responds to Tesla pay proposal by buying $1 billion worth of stock »
Read MoreThe Burst
1 Top AI Stock For Next Bull Market
Investment Alert: Buy C3.AI Under $17
Disclaimer: Ivy Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
The global artificial intelligence research market is estimated to be $119 billion in 2022 according to Precedence Research.
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S&P 500 Near 5,000, Now What?
If ever the saying that the market can go remain irrational longer than you can remain solvent applied, now would be that time, especially for the bears.
With the S&P 500 within touching distance of 4,900 by the close of last week, it’s now within spitting distance of 5,000, a figure that seemed so far out of reach just a year or so ago when it was close to 3,500,
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