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3 mins read
Bharti Hexacom IPO opens to a tepid response with 34% of the issue subscribed
As much as 34% of Bharti Hexacom’s ₹4,275 crore public offer was subscribed by the end of the first…
3 mins read
A millennial who quit Fidelity and Salesforce is one of many choosing to 'descend the corporate ladder' — for less stress
Los Angeles-based content creator Kirra Dickinson felt instantly "relieved" quitting her job at Sal…
Maria Noyen
5 mins read
It's shaping up to be a tough summer for the stock market, but Nvidia could help salvage things
The summer months have historically been tough on stocks.
Dan DeFrancesco
1 min read
Vodafone Idea FPO subscribed 3.3 times, retail lags
The final numbers will be known when the issue closes on Monday evening. Qualified institu…
PTI
1 min read
Fidelity further marks down Meesho's valuation to $3.5 billion
Global investment firm Fidelity has further marked down the value of its holding in social commerce…
3 mins read
Bharti Hexacom makes a stellar debut, lists at 42.7% premium
Bharti Hexacom made its stock market debut, at a whopping 32% premium on Friday. The stock listed a…
3 mins read
The stock market is sending retirement account balances soaring. Here's why experts say retirees still need to tread carefully.
The stock market has rewarded investors saving for retirement, but market pros say retirees need to…
Yuheng Zhan
1 min read
Bitcoin soars past $60,000 for the first time since November 2021
A flood of cash continues to hit the new spot ETF products, and investors are anticipating the Apri…
Phil Rosen
1 min read
X is worth 71% less now after Elon Musk took over and burned its bridges with advertisers: Fidelity
Elon Musk bought Twitter for $44 billion in October 2022. He later renamed to company to X.
Kwan Wei Kevin Tan
2 mins read
New York hides 'its poor, tired, homeless masses' ahead of UN session
City officials have cleared out homeless pavement dwellers from the area around the United Nations …
1 min read
Twitter is worth half as much as it was when Elon Musk bought it, Fidelity says
Fidelity significantly marked down its stake in Twitter in November to $8.63 million, from $19.66 t…
Brian Evans
1 min read
The stock market bull run is in its 'twilight', Fidelity's global macro head says
"If long yields keep climbing, it will leave a mark on valuations, per the discounted cash flow mod…
Joseph Wilkins
3 mins read
Tata Technologies IPO breaks all records, issue subscribed 69x
As predicted by most market gurus and brokerages, the Tata Technologies’ initial public offer (IPO)…
2 mins read
Investing icon Peter Lynch warned against speculating, panicking, and trying to predict the market in a rare interview. Here are the 9 best quotes.
The legendary fund manager discussed when to buy and sell stocks, and recommended investors do thei…
Theron Mohamed
2 mins read
Bond markets are acting 'somewhat chill' about long-term inflation and economic data shows a recession is not imminent, Fidelity global macro chief says
"I don't think a recession is imminent at all," Fidelity's global macro chief said. The bond market…
Jennifer Sor
1 min read
Fidelity just announced a massive hiring spree, targeting more than 12,000 new staffers as the investment giant bets on the power of retail investors
The new hires will bring Fidelity's headcount to 68,000 by year's end, up 19% from the start of thi…
Brian Evans
2 mins read
Bitcoin dips after the SEC reportedly says recent ETF applications from BlackRock and Fidelity are inadequate
The SEC welcomed revisions and updates from the asset managers and an eventual refiling of the appl…
Matthew Fox
2 mins read
The meme-stock play is re-emerging as retail traders pour into shares of AMC, Tesla, and GameStop
A trifecta of news, from a stock split to strategic investments, helped push the retail-trader favo…
Natasha Dailey
1 min read
Retail investors pile into Arm stock on the first day of trading, seeking greater exposure to the AI boom
Over 20,000 purchase orders of the stock were made Thursday on Fidelity's platform by retail trader…
Joseph Wilkins
1 min read
Reddit traders fume as Fidelity incorrectly lists millions of shares of GameStop available to short
"This was a $2.2 BILLION 'whoopsie,'" said one Redditor who said the company mistakenly added 11 mi…