âś…SpiceJet: Stock ended lower by 3% after sending pilots over long leaves.
âś…KEC International: Its scrip jumped 3% after securing orders for building substations in India.
âś…Rategain Travel Technologies: Stock rallied 2% after signing deal with Sonder Holdings
đź“ŚCAGR stands for Compound Annual Growth Rate. It is a measure used to calculate the mean annual growth rate of an investment over a specified time period longer than one year. đź“ŚXIRR stands for Extended Internal Rate of Return. It is a more advanced measure that calculates the internal rate of return for a series of cash flows that may not be periodic.
Open Flip
Famed investor Warren Buffett has quipped that his favorite holding period is forever. However, not all stocks have the characteristics of a forever holding. Many companies don't have the durable business models and financial profiles needed to continue making money during periods of severe market turmoil.
Open Flip
Meta Platforms Inc.'s META chief AI scientist Yann LeCun has revealed the reason behind his CEO Mark Zuckerberg not being a part of President Joe Biden-led administration's new AI Safety Institute. This team does not include Tesla Inc. CEO and xAI founder Elon Musk, either. What Happened: LeCun spilled the beans on the conspicuous absence of Zuckerberg from the panel of experts.
Open Flip
