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How a $500 billion haul has reignited passive controversy on the Wall Street

The passive-investing juggernaut is picking up speed — and it’s stirring up fresh angst about the dangers posed by the index-tracking boom across Wall Street.

With almost a month still to go in 2024, index funds have raked in some $500 billion in fresh cash.(Reuters)
Published on Dec 07, 2024 09:33 AM IST
Bloomberg |

Nvidia becomes world's largest company overtaking Apple amid rise of AI

This is happening for the second time, with Nvidia previously becoming the largest company in June this year, although it held this record for only one day

Nvidia, the chip company, which has enjoyed a monumental ascent over the last 18 months amid enthusiasm over generative AI, jumped 3.4 percent near 1725 GMT, giving it a market capitalization of about $3.3 trillion, slightly ahead of Microsoft and Apple(Justin Sullivan/Getty Images via AFP)
Published on Nov 06, 2024 11:45 AM IST

Wall Street betting on Kamala Harris win? CNBC's Jim Cramer dissects volatility

Here's why CNBC's Jim Cramer feels Wall Street investors are anticipating a Kamala Harris win

FILE - A sign marking Wall Street is shown near Trinity Church in New York's Financial District on Oct. 30, 2024. (AP Photo/Peter Morgan, File)(AP)
Published on Nov 05, 2024 07:15 AM IST

Elon Musk's Robotaxi gets a thumbs down from investors. Here's why

The Robotaxi is a two-seater autonomous vehicle without a steering wheel or pedals that Elon Musk called as Tesla's most significant launch since the Model 3

Video grab obtained 10 October, 2024 shows Tesla CEO Elon Musk waving next to his long-promised robotaxi during a launch event at the Warner Brothers studio lot near Los Angeles.(AFP Photo/Tesla)
Updated on Oct 12, 2024 01:39 PM IST

India's Nifty, Sensex outperform all global markets except only Wall Street

India's NSE Nifty and BSE Sensex are among the top-performing indexes globally, with gains of 18.7% and 17% in 2024, trailing only Nasdaq and S&P 500.

Domestic investors have significantly contributed to the rally, but analysts caution that inflows are unsustainably high, prompting a cautious near-term outlook.(HT photo)
Published on Sep 23, 2024 09:40 AM IST
Reuters |
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