IT | inves4: Indian Equity Investing

Morgan Stanley is warning that the stock market’s economic recovery trade may soon be over. Here are 4 strategies they recommend for finding the returns that still exist.

Investors have shifted into cyclical assets lately as COVID-19 vaccines are on the way and the economy gets set to recover. But Morgan Stanley’s Mike Wilson is warning that valuations are getting too high, and that a near-term pullback may in the cards. He laid out four strategies to still find returns in cyclicals. Visit … Read more

A Google and Microsoft alum who raised $140 million to take on Microsoft Office explains why productivity is one of the most attractive ‘jokes’ in Silicon Valley.

For billions of people around the world, Microsoft Office and Google Docs are the default apps for writing documents. But they are ready to be challenged as people working from home reach for better tools for collaboration, believes Shishir Mehrotra, founder and CEO of Coda. Mehrotra worked for both Google and Microsoft before starting Coda, … Read more

Elon Musk surpasses Bill Gates as the world’s second-richest person as Tesla’s market value nears $500 billion

Elon Musk has overtaken Bill Gates as the world’s second-richest person. His net worth is now $128 billion. Musk’s wealth has been on a steady climb this month: Tesla’s market cap soared as high as $498 billion Monday as it is set to join the S&P 500 in December. The jump in Musk’s net worth … Read more

A Wall Street expert says the dramatic shift in stocks last week reeks of investor complacency — and warns that many favorite trades remain vulnerable to losses

The popular momentum trade that involves buying market winners and selling losers suffered its largest one-day outflow in over three decades last week Monday. This dramatic shift marked a departure from stocks geared towards working from home, and reflected investors’ excitement about an effective vaccine. But Peter Tchir, the head of macro strategy at Academy … Read more

WhatsApp introduces ‘disappearing messages’ feature

WhatsApp has introduced a new feature called “disappearing messages”, which would allow users to ensure that their messages are not saved on the instant messaging platform forever. The ‘self-destruct” automated feature will roll out for users through this month. “When “disappearing message” is turned on, new messages sent to a chat will disappear after 7 … Read more

China halts Jack Ma’s $37 billion Ant Group IPO in Shangai, Hong Kong

Ant said that its listing had been suspended by Shanghai following a recent interview regulators held with its founder Jack Ma and top executives. Ant Group’s $37 billion stock market listing has been suspended in both Shanghai and Hong Kong in a dramatic move just two days before what was set to be the world’s … Read more

Tata group: Shapoorji Pallonji Group submits plan to Supreme Court for separation from Tata Group

The Shapoorji Pallonji Group on Thursday said it has submitted a plan to Supreme Court to end its seven decades-old association with the Tata Group. The Mistrys have valued their holding in the Tatas at Rs 1.75 lakh crore, it informed the apex court, which is hearing the long-drawn legal battle between the two groups … Read more

Pharma, FMCG push hiring activity in India by 24% in September: Naukri.com

Driven by industries like pharma, fast-moving consumer goods, education and IT, hiring activity in India saw a growth of 24 per cent in September compared to the previous month, according to a new report by job portal Naukri on Monday. Further opening up of the economy with unlock measures and increased mobility has led to … Read more

Amazon ends development of Crucible, its first major video game

“We didn’t see a healthy, sustainable future ahead of Crucible,” the company said in a blog post on Friday. The team working on the project will be moved to other upcoming games and customers will get refunds, it added. Crucible was seen as a key test for Amazon’s games division, which was formed in 2012. … Read more