The best-performing fund in India in 2024 wasn’t one with exposure to Indian stocks. In fact, it was the Mirae Asset NYSE FANG+ ETF Fund of Fund (FoF), which delivered an astonishing 88% return for the year, earning the top spot among mutual funds. This remarkable performance was driven primarily by the impressive growth of … Read more
Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the first time the billionaire has sold the company’s stock since 2021. The sales took place on Wednesday and Thursday and netted just over $2 billion, according to a filing. Amazon disclosed on February 2 that Bezos plans to sell as many as 50 … Read more
SAN FRANCISCO – Apple, Amazon, Microsoft and the parent companies of Facebook and Google have lost $2.7 trillion in value so far this year, about the annual gross domestic product of Britain. So what have the companies done about this thrashing on Wall Street? Microsoft has doubled its employees’ bonus pool, Google has committed to … Read more