Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images The second…
‘Corporate bond funds may be a better bet…
Debt mutual funds were just recovering from several self-inflicted wounds including investments in ILFS and DHFL, when SEBI launched its broadside against AT1 bonds last month, adding another facet of risk to mutual fund portfolios,…
Investors see higher interest rates as the biggest…
Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City.Spencer Platt | Getty ImagesWall Street investors largely view higher interest rates as the biggest threat…
Satellite company AST SpaceMobile expects to close SPAC…
In this articleNPAUUIRDMAST's corporate headquarters and high-volume manufacturing facility in Midland, TexasAST & ScienceSatellite-to-smartphone broadband company AST & Science expects to close its SPAC merger next week, the company said on Thursday. Its stock will…
Discovery’s Class B shares spike 80% in unusual…
In this articleDISCADavid ZaslavAnjali Sundaram | CNBCDiscovery's lightly traded class B shares surged more than 82% on Wednesday, showing a spike in volume and divergence from the company's class A shares that is highly unusual.The…
Making sense of the decreasing debt mutual fund…
In the last few weeks, you would have suddenly noticed that some of your debt mutual funds have given slight negative returns. The extent of negative returns would be different based on the category of…
Bank of America announces expansion of racial justice…
In this articleBACPatrick T. Fallon | Bloomberg | Getty ImagesBank of America is expanding its racial justice initiative, devoting more funding toward advocacy and equality for communities of color."The urgency we feel to address long-standing…
Amazon launches ‘AWS Space Accelerator’ with UK venture…
In this articleAMZNAn AWS Ground Station satellite antenna at one of the company's data center in Boardman, Oregon.AmazonAmazon Web Services announced the launch of a new space startup assistance program on Tuesday, with the tech…
How Goldman and Morgan Stanley avoided losses after…
In this articleMSGS8604.T-JPCSG.N-CHVIACPPeople are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, March 19, 2021.Brendan McDermid | ReutersWhen investors are stampeding for the exits, it pays to be…