magnificent seven

Apple, Nvidia lead sell-off in tech stocks; magnificent seven set to wipe out nearly $900 bn

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Apple, Nvidia lead sell-off in tech stocks; magnificent seven set to wipe out nearly $900 bn

Apple and Nvidia led a sell-off in tech stocks on Monday on US recession worries and Berkshire Hathaway’s stake sale in the iPhone maker. The magnificent seven – Alphabet, Amazon , Meta Platforms, Microsoft, Tesla, Apple, and Nvidia fell as much as 6.5%. The losses in these seven stocks were set to wipe out nearly … Read more

Some international funds are still open for investments. Here’s a list.

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Some international funds are still open for investments. Here’s a list.

Fund of funds (FoFs) that invest in overseas exchange traded funds (ETFs) will stop accepting fresh inflows from 1 April as the mutual fund industry is close to hitting its $1-billion limit to invest in overseas ETFs. However, investors can still diversify globally as some international funds have headroom to invest in international stocks. These … Read more