finance
Top Stories
An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake
- Renaissance Technologies pared its Tesla and Nvidia bets and raised its GameStop wager last quarter.
- The quant fund founded by the late Jim Simons cut its Tesla stake by 86% and halved its Nvidia wager.
Theron Mohamed
Latest Stories
Warren Buffett is building the Noah's Ark of rainy-day funds. Here's why he's stacked up more than $300 billion.
Warren Buffett's Berkshire Hathaway has pared key bets such as Apple and spent little on stocks, bo…
Theron Mohamed
How 9 newly minted Goldman Sachs partners celebrated their big day, from shouting across the trading floor to popping Champagne in the office
There were celebrations across Goldman Sachs last week after it promoted 95 executives to partner. …
Reed Alexander,Emmalyse Brown…
Elon Musk is close to breaking his $340 billion wealth record as Tesla stock keeps rising
Elon Musk has grown about $105 billion richer this year, boosting his net worth to a near-record $3…
Theron Mohamed
The winners of Wall Street bonus season this year: the underwriters
Johnson Associates is predicting Wall Street bonus increases of as much as 35% as dealmaking resume…
Emmalyse Brownstein
Morgan Stanley partners with Carta to serve startup employees after lucrative IPOs
Morgan Stanley is building a pipeline of wealth clients with IPOs set to rebound in 2025.
Hayley Cuccinello
Matthew McConaughey says chasing wealth can leave you lost and alone — and he'd be happy with 1/50th of his fortune
"Interstellar" star Matthew McConaughey said getting richer stops improving your life as much after…
Theron Mohamed
Curious to know what the Reserve Bank does? Star India will soon produce a web series narrating the RBI's 90-year journey
The series will be available on both national television and OTT platforms, expanding its reach and…
Citadel Securities hires 20-year Microsoft vet in a new tech leadership role
Herb Sutter is a leading expert in C++, a critical coding language for the giant market maker.
Bianca Chan
India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
FDIs may shift to US under Trump 2.0 but it is unlikely to severely impact FDIs inflow to India, says SBI Report
It added that if similar policies are reintroduced in Trump 2.0 also, it could create challenges fo…
Retail inflation expected to breach 6% mark in October, says UBI Report
The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…
Singapore Airlines to invest additional Rs 3,195 cr in Air India post-Vistara merger
Singapore Airlines is set to invest an additional Rs 3,194.5 crore in Air India following the Vista…
FPIs withdraw nearly Rs 20,000 crore from equities in the last 5 trading sessions, make a beeline for China and US
Foreign investors pulled nearly Rs 20,000 crore from Indian stocks this month, driven by China's ch…
The youngest member of Goldman's 2024 partner class takes us inside his big day, from his call with President John Waldron to celebrating with his boss
Feroz Khosla, 35, is the youngest Goldman executive in the class of new partners the bank promoted …
Reed Alexander
Why the election felt like the 2021 meme stock rally — but way bigger
Elon Musk and Mark Cuban rallied both memesters in 2021 and voters this year, traders made big bets…
Theron Mohamed
FII stake in Indian equities dips to a 12-year low
Foreign institutional investors (FIIs) continued pulling out of Indian markets in November, driven …
US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions
The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…
Investors accuse the ex-CEO of the company that helped take Trump Media public of stiffing them out of millions of shares
The lawsuit alleges Florida businessman Patrick Orlando "engaged in malicious and intentional self-…
Natalie Musumeci
See the 95 executives Goldman Sachs tapped to join its exclusive partnership — a record high under David Solomon
Goldman's 2024 partner class reflects growth in dealmaking and wealth management. A record 26 women…
Reed Alexander
2 crypto tycoons are almost $15 billion richer after Trump's election victory
Binance founder Changpeng Zhao and Coinbase CEO Brian Armstrong became a whole lot wealthier on the…
Theron Mohamed
Citi needs a white knight. Donald Trump's second term might provide one.
Trump's promise of light regulation could solve one of Citi's biggest problems.
Hayley Cuccinello
Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report
Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…