Cathie Wood, CEO of Ark Investment Management, is known for her bold investments in small- and mid-cap tech stocks. However, in a recent move, Wood has shifted focus towards mega-cap stocks by investing $15 million in tech giants like Amazon and Meta. This strategy aims to balance her high-risk portfolios with more stable, well-established companies….
The S&P 500 continues its bullish momentum with a 60% rise in two years, but can it maintain the pace? Here’s what experts say. Introduction The bull market in the S&P 500 (^GSPC) is now two years old, and analysts believe there’s room for more growth. Boosted by artificial intelligence (AI) optimism and a resilient…
Siemens, a global leader in engineering and technology, is navigating a new phase of growth with its online digital platform, Xcelerator, at the forefront. Amid challenges from weakened demand in key markets such as China and Europe, Siemens is leveraging this innovative platform to maintain its competitive edge and drive future success. Here’s a closer…
Ratan Tata, a titan of Indian industry, renowned philanthropist, and iconic leader, passed away recently at the age of 86, leaving behind a legacy etched not just in India but across global business circles. His passing has prompted a reflection on his numerous accomplishments, one of the most significant being the acquisition of Jaguar and…
While sleek sports cars and luxurious vehicles often capture the limelight, the modest “people’s car” holds a special place in automotive history. The quest to create affordable, accessible transportation for the masses has always been an intriguing challenge. Today, Tata Motors is leading India’s transition into the electric vehicle (EV) era. However, the journey of…
A recent United Nations report has raised serious concerns about the rapid increase in cryptocurrency-related crimes across Southeast Asia, estimating financial losses of between $18 billion and $37 billion in 2023 alone. The report, released by the United Nations Office on Drugs and Crime (UNODC), reveals that criminal organizations are increasingly exploiting digital currencies and…
Boeing has pulled back a significant contract offer that would have provided a 30% pay raise over four years to its striking workers after talks between the company and the union collapsed. The aerospace giant had initially enhanced its proposal for take-home pay and retirement benefits during two days of intense negotiations, but disagreements persisted,…
Tesla, the American electric vehicle (EV) giant, continues to make strides in China’s rapidly growing EV market. According to data released by the China Passenger Car Association (CPCA), Tesla’s China-made electric vehicle sales witnessed a 19.2% year-on-year growth in September 2024. This increase underscores the growing demand for Tesla’s locally manufactured Model 3 and Model…
Autonomous vehicles are heralded as the future of transportation, designed to make travel more convenient and efficient. Yet, for Baidu’s Apollo Go, a Chinese tech giant’s robotaxis service, the reality still has some rough edges. When a user in Wuhan tested the service, they had to make their way to a specific pick-up location and…
The concept of autonomous vehicles is no longer confined to science fiction. With major advancements in self-driving technology, the idea of robotaxis—driverless cars that can be hailed via an app—seems closer than ever. Among the frontrunners in this emerging field is Tesla, led by the visionary Elon Musk. However, while Tesla has created excitement around…