The FinTech Hub
Source: Live Mint What makes this change remarkable isn’t just the numbers—it’s the staggering 430x return Jhunjhunwala’s family has made on IKS over 17 years, turning a little-known investment into a multi-thousand-crore behemoth. This is a story of patience, conviction, and the ability to spot transformative businesses long before the market catches on. The new…
Source: Live Mint Indian technology stocks appear to be caught in a perfect storm, as a series of negative developments—particularly weak economic data from the U.S., where these companies have significant revenue exposure—have rattled investor confidence, leading to a severe sell-off on Dalal Street. Reports indicate that the U.S.’s series of tariff announcements could lead…
Source: Live Mint – Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker’s market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it…
Source: Live Mint The Nasdaq Composite index surged to an all-time high on Friday, mainly driven by tech stocks ahead of their earnings week. The Nasdaq Composite index gained 1.4 per cent, whereas the S&P 500 rose to a record high of 0.9 per cent and the Dow Jones Industrial Average rose 0.5 per cent…
Source: Live Mint — Nathan Mayer Rothschild 17 January 1991. Time: 2.38 am. Eight US Army Apache helicopters flew over the Iraqi–Saudi Arabian border and bombed some Iraqi radar sites. Five minutes later, 24 US Air Force fighter jets attacked airfields in Western Iraq. At 3 am local time, 10 more stealth attack jets raced…
Source: Business Standard That’s the consensus view of investors and strategists after Thursday’s 5.2 per cent plunge in the Nasdaq 100 Index, the worst since March 3 min read Last Updated : Sep 25 2024 | 8:24 AM IST The BSE TECk index, which tracks the performance of technology companies listed on the Bombay…
