Meme stocks are making a resurgence as the broader stock market ends the first quarter on a strong note. Though the meme stock frenzy hasn’t quite reached the same intensity as it did in 2021, when GameStop (GME) and AMC (AMC) stocks catapulted to new heights, the meme phenomenon has continued in a concentrated handful
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Let me tell you something you probably already know: I have no clue what the stock market is going to do in April. But I can confidently say two things. First, this has
The stock market is one of the most profitable sectors for individuals to become billionaires. Numerous billionaires have amassed their wealth through the stock market. This is due to the stock market’s potential for substantial returns, but it also comes with notable risks. Stock prices can vary widely, and even experienced investors can incur losses.
If you want to compound wealth in the stock market, you can do so by buying an index fund. But investors can boost returns by picking market-beating companies to own shares in. For example, the Ajinomoto (Malaysia) Berhad (KLSE:AJI) share price is up 27% in the last 1 year, clearly besting the market return of
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Ahead of the Fed’s meeting this week, everyone was focused on dots. But the most important number offered by Fed officials was the FOMC’s surprisingly bullish expectations for economic growth, revised upward, as
Shriram Finance Ltd. remains among the top picks for Jefferies India Pvt. as it sees the financier’s growth to hold up with a potential rise in its assets under management. Healthy demand for used personal vehicles, rollout of MSME and gold loans in erstwhile branches can drive a 17% AUM growth over financial year 2024–26,
American workers are becoming more productive. Recent analysis from Bank of America showed the average revenue per worker for companies in the S&P 500 hit an all-time high in February after 15 years of no gains. This is one of several signs that labor productivity is rebounding after slumping during 2022. Some on Wall Street think
By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG (Reuters) – China’s computer-driven “quant” hedge funds are beefing up risk management and retooling their portfolios to conform to the state’s definitions of fair play, as regulators clamp down on the $260 billion sector to revive retail investor confidence. Hedge fund Leon Capital said it will monitor
JM Financial share price declined over 9% in early trade on Monday after the capital market regulator Securities and Exchange Board of India (Sebi) barred the company from acting as a lead manager for any new public issue of debt securities. JM Financial shares dropped as much as 9.82% to ₹79.30 apiece on the BSE.
Bitcoin neared its all-time record high on Monday after crossing the $67,000 threshold – a remarkable turnaround from late 2022 when the token’s value plunged below $17,000. The most popular digital currency traded 7% higher, at 67,580.70 as of 3:30 p.m. on Monday – a 300% improvement from its nadir — and within striking distance