Tesla Stock Overcomes Much of the Damage From Musk-Trump Fight
Key Takeaways
- Tesla shares this week have recovered most of the ground lost in the wake of Elon Musk’s social media fight with President Donald Trump.
- The back and forth culminated with Tesla losing $150 million in market cap in one day.
- Shares of Tesla have been on a roller coaster this year,
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Read MoreAdani Group stocks rebound; Pranav Adani assures safety of overseas assets
All Adani Group stocks, barring ITD Cementation, rebounded firmly from day’s low on Friday amid the rising geopolitical conflict in the Middle East. Pranav Adani, the Director of Adani Enterprises assured that the group’s overseas assets remain secure.
“There are concerns, but luckily, all our assets abroad are safe. We should not be worrying about them,
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Read MoreNifty 50, Sensex today: What to expect from Indian stock market in trade on June 20
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a muted note on Friday, following mixed sentiment in global markets.
The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 24,793 level,
top 5 large and midcap mutual funds 3 year returns best performing funds balanced portfolio investment analysis nifty Motilal icici uti invesco
Top 5 Large and Midcap Mutual Funds in 3 Years: Largecap mutual funds are largecap stock-heavy, while midcap mutual funds need to maintain at least 65 per cent midcap stocks in their portfolio. Unlike them, large and midcap mutual funds need to maintain at least 35 per cent each of large and midcap stocks.
Read MoreUS economy shrank 0.5% in Q1 on import surge ahead of tariffs
The US economy contracted more than previously estimated in the first three months this year, according to government data released Thursday, with consumer spending and exports weaker than expected.
US GDP decreased at an annual rate of 0.5 percent in the first quarter, according to the Department of Commerce, down from an earlier estimate of a 0.2 percent decline.
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Read MoreThe Burst
3 Under The Radar Stocks To Buy During a Selloff
Selloffs can look scary at first but they also create excellent opportunities to buy top stocks at discounted prices. As the market falls, it often takes well-managed, successful businesses with it. In many cases, the low prices don’t last long because investors quickly adapt their strategies and start adding strong companies to their portfolios.
Which top stocks should you buy during the current selloff?
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Read MoreThe Ivy
Market Commentary: How To Get Rich In Retirement According to Buffett
So you want to get rich and be comfortable in retirement, what’s the secret? Buffett has the answer in a single sentence, and every word he stated matters…
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