The Next Century Depends On Mutual Funds
While 2024 was a year of notable events, it also marks a significant milestone in the financial world: the 100th anniversary of the mutual fund. Mutual funds were born in 1924 with the Massachusetts Investors’ Trust, a groundbreaking effort to bring the benefits of investing to ordinary Americans. Fast forward a century,
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Read MoreBudget 2025: Mutual funds have a long wish list; old tax rates on capital gains, indexation benefits on debt schemes
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The mutual fund industry is hoping for the government to introduce key reforms in the upcoming budget scheduled on February 1, including the reinstatement of indexation benefits on debt mutual funds, and rolling back tax hikes on long-term capital gains (LTCG) and short-term capital gains (STCG).
Read MoreWarren Buffett’s biggest bet: His successor, Greg Abel
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In today’s CEO Daily: Shawn Tully on Warren Buffett’s successor, Greg Abel
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The big story: Trump moves on China and TikTok.
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The markets: Happy.
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Analyst notes from JP Morgan and Goldman Sachs.
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Read MoreWarren Buffett’s Berkshire Hathaway Dips Toes in Crypto
- Warren Buffett’s Berkshire Hathaway now owns 86 million shares valued at approximately $1.2 billion in Nu Holdings, which runs a crypto trading platform.
- Nu Holdings, which launched its cryptocurrency platform Nubank Crypto in 2022, supports major digital assets like Bitcoin, Ethereum, Polygon, Uniswap, and Chainlink.
While billionaire Warren Buffett has reservations about Bitcoin and cryptocurrencies in general,
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Read MoreWhy Nvidia's New Graphics Cards Could Be Bad News for AMD and Intel
Nvidia (NASDAQ: NVDA) is the undisputed leader in the artificial intelligence (AI) chip market these days. It has been generating fantastic growth in both its revenue and earnings,
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Read MoreThe Burst
Don’t Be Fooled By Gold
Gold has been on a tear in recent months and rightly so, it seems, looking at macro events. What started as an Israeli-Palestine conflict has escalated to include Iran, which in turn is leading to speculation that the US may be get involved, and by then war appears to be a real possibility. Worse still are the prospects for further expansion if other countries are brought into the fray,
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Read MoreThe Ivy
1 Under-the-Radar Small Cap Set To Pop?
Applied Optoelectronics (NASDAQ: AAOI) isn’t well known and why would it be trading at less than a half a billion dollars in valuation. But it has seen a surge recently in insider buying as those in-the-know seem to be betting on future prospects.
This small-cap company has positioned itself as a critical supplier to major data center operators and telecommunications firms,
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Read MoreThe Spotlight
Spotlight: 99% Lower, Time To Buy This Weed Stock?
Cannabis company SNDL, formerly known as Sundial Growers, has fallen more than 99 percent from its record closing high of $130. Now trading at less than $1.50 per share, the stock has been one of the biggest losers of the last few years. Its massive contraction in value, however, has left many investors wondering whether it has become oversold.
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