Mon, Jul 1, 2024 2:40 PM
GRP Ltd. Stock Hits Upper Circuit After Announcing 3:1 Bonus Shares!
A Flip by Avya Verma
Taiwan Semiconductor Manufacturing (TSM) and Microsoft (MSFT) are two outstanding growth stocks that can be bought with less than $1,000. TSM, the leading chip manufacturer, produced $27 billion in net profit on $69 bn of revenue last year and is targeting 15-20% annual revenue growth through 2026. Microsoft, a major player in cloud services, has grown revenue and earnings at double-digit rates.
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Sentient, an open-source AI development platform, has raised $85 million in a seed round co-led by Founders Fund, Pantera Capital, and Framework Ventures. The funding will accelerate the development of Sentient's open AI platform, slated for Q3 this year, and support hiring top talent in AI research and blockchain engineering. Strategic investors include Ethereal, Robot Ventures, and others.
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The Adi-Nadir Godrej faction will acquire a 12.65% stake in Godrej Industries worth Rs 3,858 crore from RKN Enterprises, owned by cousin Rishad Naoroji, as part of a family settlement agreement. The transaction will be completed via block deals, with the stake valued at Rs 900.55 per share on the BSE. The Godrej family announced a settlement in May.
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