Tag Archives: invest

Robinhood (HOOD) is launching a Cash Card and banking on consumer spending trends to unlock its next growth opportunity. For each transaction, Robinhood Cash Card customers can decide whether to round up their change to the nearest dollar when they make purchases and they can then choose an investment asset to direct their spare change to. “The next generation has a high interest in investing, but it is out of reach for many because they’re caught up in the cycle of spending” Robinhood… Source link

The Russian market is off limits until at least 2023 due to the country’s invasion of Ukraine, says emerging markets investing legend Mark Mobius. “It will be impossible for a long time,” the founding partner of Mobius Capital Partners said on Yahoo Finance Live. Mobius earned his stripes building out the emerging markets investing team at giant money manager Franklin Templeton. Added Mobius, “I don’t see anybody who wants to be investing in Russian equities or debt for another year. I would… Source link

Fund managers are at least thinking a “recession scare” could emerge in the market this year, reflecting one to two months of heightened geopolitical risks, elevated inflation and rising interest rates. “Upcoming recession scare best played via long bonds-short commodities,” said the latest Bank of America fund manager survey. The report reflects responses from 171 participants managing $391 billion in client money. On the positive side, fund managers don’t expect a technical recession this… Source link

If you are bullish on stocks, best hope the NFC’s L.A. Rams pummel Joe Burrow’s Cincinnati Bengals. That is, of course you are a big believer in the Super Bowl Indicator. The often bantered about Super Bowl Indicator suggests that stocks rise for the full year when the Super Bowl winner has come from the NFC, but when an AFC team wins it falls. Of course this is insane in principle as stocks move up and down based on expectations for the future earnings of their underlying companies (see Meta… Source link

Bitcoin’s (BTC-USD) arrival into the mainstream has seen companies like Microstrategy (MSTR), Block (SQ) and Tesla (TSLA) add the digital coin to their balance sheets — and spawned a new class of investors drawing all or part of their salaries in cryptocurrency. But with Bitcoin slumping by nearly half since hitting a November high under $69,000 in the midst of crypto’s grim winter, the strategy is not without risk — especially for companies bound by strict corporate accounting rules that… Source link

The buy-the-dip crowd is circling the markets like a hungry shark does a wounded whale after a brutal January. “The equity market sell-off is overdone in our view, and we reiterate our call to buy the dip, particularly in cyclicals and small caps,” said JPMorgan strategist Marko Kolanovic in a new research note.  That is easier said than done for most investors following a tough start to the year for markets. The S&P 500 index sold off to the tune of 5.3% in January, marking its worst monthly… Source link

Google partners with Bharti Airtel to provide affordable access to smartphones to a billion Indians and speed up use of cloud-based computing. Google will invest up to $1bn in India’s second-largest mobile operator, the two companies say, as the Android-maker looks to bolster its presence in the vast nation’s booming telecoms market. The global tech giant will buy a $700m stake in billionaire Sunil Mittal’s Bharti Airtel, giving it 1.28 percent ownership, the firms said in a joint… Source link

Google will invest as much as $1 billion in the Indian telecom operator Airtel, the latest in a series of bets the search giant has made in the world’s second largest internet market as part of a $10 billion commitment to the country. Google said it will invest $700 million to acquire a 1.28% stake in Airtel, the second largest telecom operator in India with over 300 million subscribers, and pour up to $300 million more to explore multi-year commercial agreements… Source link

Google plans to invest up to $1 billion in partnership with India’s Airtel for providing affordable access to smartphones to over a billion Indians and accelerating the cloud ecosystem for businesses ByThe Associated Press January 28, 2022, 7:04 AM • 2 min read Share to FacebookShare to TwitterEmail this article NEW DELHI — Google will invest up to $1 billion in partnership with India’s Airtel to provide affordable access to smartphones to over a billion Indians and speed up use of… Source link

A girl checks her mobile phone as she walks past the Bharti Airtel office building in Gurugram, previously known as Gurgaon, on the outskirts of New Delhi, India April 21, 2016. REUTERS/Adnan Abidi Register now for FREE unlimited access to Reuters.com Register BENGALURU, Jan 28 (Reuters) – Alphabet Inc’s Google (GOOGL.O) will invest up to $1 billion in Bharti Airtel (BRTI.NS) in a move that could help bolster the Indian telecom operator’s digital offerings, the companies said on Friday. The… Source link