Strategy Financial News
27.01 / 08:07
markets
Strategy
Analysis
Research
wellness
Trade
composer
4 investing principles that cemented Walter Schloss’ position among the world’s iconic investors
investment philosophy: Schloss advocated for acquiring stocks that were trading well below their intrinsic value. He employed various metrics, including the price-to-book ratio, price-to-earnings ratio, and dividend yield, to pinpoint undervalued stocks. Schloss transcended mere metrics to gain a profound comprehension of a company’s intrinsic value.
27.01 / 06:31
markets
UPS
FIVE
Strategy
Trade
recommendations
₹17 to ₹3317: Multibagger stock Waaree Renewable turns ₹1 lakh into ₹1.95 crore in five years
Multibagger stock: Money is not in buying and selling stocks but in waiting. That's why, a smart investor often advises new stock market investors to maintain a 'buy, hold and forget' strategy after choosing a stock for investment. This helps an investor to reap long-term benefits like dividends, bonus shares, stock splits, etc., and of course the compounding benefit on one's investment.
27.01 / 04:19
UPS
Citi
Strategy
Mobile
wellness
country
Ola launches e-bike services in Delhi and Hyderabad, announces fares. Details here
₹25 for 5 km, ₹50 for 10 km and ₹75 for 15 km. Apart from Delhi, Ola is planning to start the e-bike service in Bengaluru as well. Ola has set up 200 charging stations in Bengaluru to service its e-bike fleet.
27.01 / 04:15
27.01 / 04:15
Provident
FIVE
Strategy
awards
Universities
Department
Courts
A private prison health care company accused of substandard care is awarded new contract in Illinois
Illinois officials have awarded a prison medical care contract to the same company it's been using for years, despite multimillion-dollar lawsuits and widespread accusations of substandard care
26.01 / 23:25
markets
COST
Volkswagen
Strategy
economy
performer
Jack Mintz: Canada's EV strategy has cost $4 million a job
With Canadian GDP per capita dropping like a stone, what would you expect our minister of finance, Chrystia Freeland, to say last week at the elite Davos confab? “Come to Canada! We have $135 billion to give you!” is what she did say. Given our poor investment performance, it seems the only way to attract capital is to offer billions of tax dollars to foreign multinationals.
26.01 / 22:55
Dash
Strategy
Netflix
Death
Latin
information
International
‘Griselda’: Will crime drama return for Season 2? See details
Netflix's latest Latin American crime drama, «Griselda,» won't be returning for a second season, dashing hopes of fans eager for more. The series, centered around the notorious drug queen Griselda Blanco, played by Sofía Vergara, was always intended as a limited series.
26.01 / 17:51
Provident
Platform
security
Strategy
innovations
Option
Prudential, Fidelity collaborate on new decumulation option for DC plans
Thousands of Americans with workplace retirement plans will be able to access a new way to turn their savings into a protected stream of income.
26.01 / 17:51
Provident
Williams
Platform
Strategy
wellness
President
Relationships
Prospera launches family office program to serve UHNW clients
Advisors affiliated with Prospera Financial Services will now have access to a suite of services to help serve the family office requirements of ultra-high-net-worth clients.
26.01 / 15:46
UPS
Citi
Strategy
Mobile
Sustainability
country
Ola to deploy 10,000 electric scooters in two months, scale up service across India by December
Ride-hailing company Ola Mobility plans to deploy 10,000 electric two-wheelers across three cities in the next two months and gradually scale up its service across the country by the end of year. The company on Friday announced the launch of e-bike service in Delhi and Hyderabad. In September 2023, Ola had launched a pilot project of e-bike service in Bangalore.
26.01 / 12:37
markets
UPS
Reuters
Strategy
economy
Rate Cut
rate cut bets
Traders step up ECB rate cut bets, sensing shift on inflation front
(This Jan. 25 story has been refiled to add the missing word 'Central,' in paragraph 1)
26.01 / 11:09
26.01 / 08:50
markets
ETH
Provident
BTC
Strategy
Bitcoin
Features
How Thoreum Outpaces BTC in Price Growth Throughout Bull and Bear Markets
In the exhilarating world of cryptocurrencies, where fortunes are made and lost in the blink of an eye, Thoreum emerges as a beacon of stability and growth, offering compelling reasons why it outshines even the mighty Bitcoin (BTC) as the premier store of value token. This in-depth analysis delves into the intricate mechanisms and unique features that propel Thoreum to the forefront of the digital asset landscape.
26.01 / 05:11
markets
Strategy
Align
Sustainability
community
wellness
social
ESG Investing in India: Balancing profits with sustainability in the emerging market
Environmental, social, and governance (ESG) came up as an excellent strategy to align environmental goals with financial goals. It eventually promotes the betterment of the country. In context with the Indian stock market, ESG is gaining good traction. This is the result of constant government investment and the increased interest of citizens. People are now preferring to buy and make things that are not only financially feasible but also environmentally feasible.
26.01 / 05:11
UPS
Digital
Manufacturing
CEO
Strategy
Sustainability
Enterprise
Agratas to leverage Tata Tech’s expertise to fast-track EV battery development
Agratas, Tata Group’s global battery business, and Tata Technologies, an engineering and digital services company have announced their collaboration to scale Agratas’ product development and enterprise systems, supporting the design, development and manufacturing of best-in-class battery solutions.
26.01 / 04:07
markets
UPS
security
Strategy
President
International
Financial
Financial planning: How family offices are becoming essential for first-generation entrepreneurs and CXOs
High Net Worth Individuals (UHNIs). Acting as back offices, they cater to families and individuals with investible corpus over ₹5 crores, either as single-family offices for a specific family or as multi-family offices serving multiple families. First-generation entrepreneurs and top management professionals are now turning to family offices for wealth management.
26.01 / 03:45
Target
CEO
Strategy
performer
Analysts mostly retain share price targets on TechM
share price targets on Tech Mahindra after the IT company's third-quarter net profit plunged 60% from the same period a year ago. The stock dropped 5.89% to close at ₹1,325 on Thursday. The average analyst price target on Tech Mahindra by Bloomberg after the third quarter results was at ₹1,302, implying a downside of 1.67% from Thursday's closing. Analysts said that the company's weaker performance indicates that turnaround would be tough in the near term, given the weak demand environment. Nomura said that despite a strong team led by new CEO Mohit Joshi, the turnaround remains challenging, however, the FY25 dividend yield of 5% is expected to be supportive. «While new CEO Mohit Joshi reiterated the contours of his broad strategy around verticalisation of sales and delivery to drive better sales and margin outcomes in the medium term, finer details around investments needed to accelerate growth will not be known until April 2024, with the release of 4Q FY24 results,» said Nomura in a note. HSBC said that margin expansion is contingent on «pyramid improvement» or a «pricing uptick».
26.01 / 01:41
markets
Blockchain
Digital
Progressive
Strategy
Trade
Pandoshi (PAMBO) Emerges as a Contender to Shiba Inu’s (SHIB) Success
In the volatile cryptocurrency market, investors continually seek emerging assets that offer exceptional profit potential. As we progress into 2024, this quest gains increasing relevance, with attention pivoting toward cryptocurrencies like Pandoshi (PAMBO) that exhibit immense room for growth. Looking deeper, this examination spotlights Pandoshi’s favorable position to potentially yield double digit returns in 2024, establishing its standing against prevading options like Shiba Inu.
25.01 / 22:21
markets
UPS
Provident
Strategy
Opinion
wellness
recommendations
NOT
Advisors not done with alternatives despite bull run
Back in 2022, when both legs of the 60/40 portfolio were buckling, advisors were purchasing alternative assets for their clients as if there was no tomorrow. Real estate, crypto, private credit, you name it! Anything to escape the pummeling they were getting in good old stocks and bonds.
25.01 / 19:55
Strategy
Align
wellness
Xbox
Videos
International
Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout
Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69 million purchase of video game maker Activision Blizzard
25.01 / 19:13
markets
Ripple
CEO
Strategy
Apple
Tesla
performer
Tesla Shares Tumble 12% as Musk Predicts Slower Growth
Quiver Quantitative — Tesla (NASDAQ:TSLA) experienced a significant drop in its stock value, nearly 11%, following CEO Elon Musk's announcement of slower sales growth and a focus on developing a more affordable electric vehicle. This projected decrease in market capitalization, which could reach $70 billion, compounds an already challenging month for the automaker, with its valuation potentially shrinking by approximately $200 billion.
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