Renowned investor Michael Burry, best known for predicting the 2008 financial crisis and inspiring the film The Big Short, has sharply criticized Nvidia’s Q3 earnings report, raising alarms about what he describes as “major accounting concerns.” Despite Nvidia posting record-breaking revenue and profits, Burry has warned that the company’s reliance on stock-based compensation (SBC) and…
India’s mutual fund industry is undergoing a historic transformation, with a significant shift from actively managed funds to passive investing vehicles such as index funds and exchange-traded funds (ETFs). This trend reflects changing investor preferences, regulatory nudges, and the growing realization that passive strategies often deliver competitive returns at lower costs compared to actively managed…
Global chipmaker Nvidia has once again defied skeptics by posting earnings that surpassed Wall Street’s expectations, easing concerns about a potential AI bubble. The company’s robust financial performance underscores the surging demand for its graphics processing units (GPUs), which have become the backbone of artificial intelligence (AI), machine learning, and data center operations worldwide. The…
The inspiring journey of Lalit Keshre, co-founder and CEO of Groww, has captured the imagination of India’s startup ecosystem. From humble beginnings in a farmer’s family in Madhya Pradesh to becoming one of India’s youngest fintech billionaires, Keshre’s story is a testament to resilience, vision, and the transformative power of technology. His rise reflects the…
The Securities and Exchange Board of India (SEBI) has granted mutual fund houses additional time to comply with proposed changes related to fee caps and expense ratios, as the debate over investor protection versus industry sustainability intensifies. The regulator’s move comes amid growing concerns from asset management companies (AMCs) about the impact of stricter fee…
In a landmark development in India’s corporate and infrastructure sector, the Adani Group has secured creditors’ approval to take over Jaiprakash Associates, a move that signals one of the most significant consolidations in recent years. The decision, backed by lenders and financial institutions, paves the way for Adani to expand its footprint in cement, infrastructure,…
The global technology and semiconductor industry has been abuzz with reports that Jensen Huang, co-founder and CEO of Nvidia Corporation, has sold approximately USD 13 million worth of Nvidia stock per day over several months. This revelation has sparked intense discussions among investors, analysts, and market watchers about insider selling, corporate governance, and the future…
India’s economic narrative has once again come under the spotlight as the Reserve Bank of India (RBI) faces criticism for repeated inflation forecast misses. The central bank, which plays a pivotal role in maintaining price stability and guiding monetary policy, has struggled to accurately predict inflation trends over the past few quarters. This has raised…
The Indian stock market witnessed a dramatic turn of events as Groww, the online investment platform that recently made its debut on the bourses, hit the 10% lower circuit after a stellar rally in its first five trading sessions. The stock, which had nearly doubled over its IPO price, faced heavy profit booking from investors,…
The Indian stock market has been buzzing with a series of high-profile Initial Public Offerings (IPOs) that have attracted massive investor interest. From technology startups to consumer goods companies, IPOs have become the talk of Dalal Street, often debuting with impressive premiums. However, seasoned market expert Narendra Solanki has issued a cautionary note, warning investors…
