SEBI chief urges mutual fund trustees to strengthen early warning systems, oversight
SEBI Chairman Tuhin Kanta Pandey on Monday urged mutual fund trustees to adopt robust early warning systems that can detect irregularities and prompt timely interventions to safeguard investor interests.
Speaking at the Leadership Dialogue for Trustees of Mutual Funds, Pandey emphasised that trustees form the first line of defence in ensuring the integrity of systems and processes within the mutual fund ecosystem.
Read MoreNew Study Details Impact of Latinos on US Sports Economy: EXCLUSIVE
With international star Bad Bunny slated to headline the current NFL season’s Super Bowl halftime show and the World Cup coming to American soil, the passion of Latino sports fans in the U.S. is set to be on full display in 2026.
A new report released on Oct. 13 by consulting company McKinsey in collaboration with Spanish-language network Telemundo during Hispanic Heritage Month has found that there is plenty of economic muscle behind that passion.
» Read more about: New Study Details Impact of Latinos on US Sports Economy: EXCLUSIVE »
Read MoreDow Jones Today: Stock Futures Rally as Trump Softens Tone on China
Stock futures rallied Monday after major indexes tanked to end last week, as President Donald Trump wrote in a Truth Social post over the weekend that “it will all be fine” with China.
On Friday, Trump threatened “massive” tariffs on China, causing indexes to reverse early gains that saw the Nasdaq hit a fresh record high and end sharply lower.
» Read more about: Dow Jones Today: Stock Futures Rally as Trump Softens Tone on China »
Read MoreOption Volatility And Earnings Report For October 13 – 17
Earnings season kicks into gear this week with banks and tech stocks taking center stage. This week we have Bank of America (BAC), Taiwan Semiconductor (TSM), JP Morgan (JPM), Wells Fargo (WFC), …
» Read more about: Option Volatility And Earnings Report For October 13 – 17 »
Read More13 Best Forever Stocks to Invest In Now
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
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Read MoreThe Burst
Is Palantir on the Precipice of a Sharp Fall?
Palantir (NYSE:PLTR) has been among the biggest beneficiaries of this year’s AI bull run and the more recent post-election rally. The stock started this year at just $16.58 and has since skyrocketed to over $60 per share.
The last month has been particularly dramatic when PLTR started November a little over $40 before being pushed skyward following election news that was deemed positive and a stellar Q3 earnings report.
» Read more about: Is Palantir on the Precipice of a Sharp Fall? »
Read MoreThe Ivy
5 Stocks Buffett Is Buying and 2 He’s Dumping
In Q4 of last year, Warren Buffett made a few significant changes to the Berkshire Hathaway portfolio. The investing legend sat on the sidelines through much of 2024, with most of his activity accounted for by selling stocks into a high-priced market and consolidating his company’s assets in cash.
With Buffett and his investing team seemingly jumping back into action late last year,
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Read MoreThe Spotlight
457 Million Reasons to Buy This Auto Stock
When you find an investment manager overseeing $1.2 billion, it warrants further investigation when they bet one fifth of their entire portfolio on a single stock. Yet that’s exactly the conviction that Impactive Capital demonstrated by betting 20.4% of their portfolio on an automotive retailer.
Amid the universe of thousands of stocks, what is it that Impactive portfolio managers saw in Asbury Automotive that motivated them to allocate $457 million of their fund to it?
» Read more about: 457 Million Reasons to Buy This Auto Stock »