As FAANG stocks outperform Indian stocks, here’s how to ride the tech wave

As FAANG stocks outperform Indian stocks, here’s how to ride the tech wave

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

All-in bets on FAANG stock boom pay out in week of big earnings

All-in bets on FAANG stock boom pay out in week of big earnings

A searing revival in technology companies was supposed to collapse under its own weight and spell doom for investors everywhere. As of now, that’s not how it’s playing out. Angst over earnings and lofty valuations has been building for a month. Hedge funds were net sellers in tech mega-caps during the previous five weeks ahead … Read more

Apple’s best run since 2003 brings $3 trillion back in focus

Apple’s best run since 2003 brings  trillion back in focus

Apple Inc. shares rose on Tuesday, with the company on track for its longest streak of daily gains since 2003, when the iPhone hadn’t even launched and Nokia Oyj was still one of the top cellphone makers in the world. Shares in the world’s largest company rose 1.4% for an 11th straight positive trading day … Read more