Category: Uncategorized
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Quant Value Fund leads value mutual funds in three-month returns; delivers 26.1% gain
Quant Value Fund delivered 26.1% returns over the last three months and 23.8% CAGR over three years, according to ACE MF data on July 2. Moneycontrol Desk July 03, 2026 / 13:54 IST The three-month return chart for the value mutual fund category is led by Quant Value Fund, which delivered 26.1 percent. Aditya Birla…
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Trump says US is in a 'golden age' as economy and stock market hit new highs
US President Donald Trump on Friday said the United States was in a “golden age”, claiming his administration had overseen record economic growth, higher employment, rising wages and all-time highs in the stock market. In an exclusive interview with CNBC, Trump said the US economy was outperforming previous periods under his leadership, arguing that his…
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Tesla Stock Surges 15% as FSD Update Backs Its Autonomy Thesis
Key Points Interested in Tesla, Inc.? Here are five stocks we like better. Tesla shares surged nearly 15% over four sessions, pushing above $420, after the company began rolling out its long-awaited FSD v14 Lite update. The FSD v14 Lite update marks the first meaningful Full Self-Driving progress for roughly 4 million Hardware 3 vehicle…
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Why Is Wall Street So Bullish on Micron? There's 1 Key Reason.
It’s no secret that Wall Street loves Micron Technology (NASDAQ: MU) stock. On the heels of the company’s recent quarterly report, it’s also not hard to see why. Micron recorded non-GAAP (adjusted) earnings per share of $25.11 on sales of $41.46 billion in the third quarter of its current fiscal year, which ended May 28.…
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Wesleyan launches two new with-profits funds
Financial services mutual Wesleyan has launched two With Profit Funds to increase access to smoothed investments for advisers. The funds, With Profits Cautious Fund and With Profits Adventurous Fund, are designed to help advisers meet a broader range of client objectives and sit alongside the mutual’s other funds that employ smoothing to adjust returns over…
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Why 'Big Short' investor Michael Burry may have his own version of the 'Buffett effect'
Like Warren Buffett, Michael Burry might be able to move markets with his stock picks. The “Big Short” investor bet against several stocks this week, and some of them have slumped. Burry told BI he doesn’t think a “Burry effect” exists, but other market analysts said it might. Warren Buffett is so influential that his…
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US jobs growth collapsed to 57,000 in June — what it means for UK investors
What does this mean for Fed rate expectations? This is the most important question for UK investors with global portfolio exposure. In the minutes following the June NFP release, the probability of one or more Federal Reserve rate hikes by September fell from approximately 65% to 50%, according to CME FedWatch data (CoinDesk / CME,…
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Warren Buffett breaks from a ‘lifetime’ pledge to the Gates Foundation as the Epstein fallout deepens
The Bill Gates–Warren Buffett relationship is fraying. The Oracle of Omaha has reportedly paused his annual gift to the Gates Foundation because of the Microsoft cofounder’s ties to the late sex offender Jeffrey Epstein, according to the Wall Street Journal. People familiar with Buffett’s plans told WSJ Buffett is delaying his decision until later this…
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Dollar down, stocks shine after disappointing US jobs data
NEW YORK: The dollar tumbled on Thursday (Jul 2) after disappointing US jobs data dampened expectations for a quick interest rate hike, while shifting investor bets from technology to industrial shares lifted the Dow to a fresh record. Total US nonfarm payroll employment grew by 57,000, about half the expected level in a data report…
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World shares rally after Dow hits a record, as some AI shares bounce back
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