SpaceX shares crash 30% from peak; Cathie Wood buys $7 million stake. What is she seeing?

Cathie Wood’s ARK ETFs purchased $7 million worth of SpaceX shares. This investment follows a significant 34% drop from the stock’s peak. Wood funded these purchases by selling Alibaba shares from her portfolios. ARK Invest now holds approximately two million SpaceX shares valued over two hundred eighty million dollars. Analysts maintain positive outlooks with target…

Sensex jumps 238 points, Nifty closes near 24,000. 5 key factors behind today’s D-Street rebound

Indian equities recovered on Thursday, paring some losses from Wednesday’s significant decline. The Sensex and Nifty indices showed broad-based gains, with small and midcap stocks also rising. Easing geopolitical concerns and positive global market signals boosted investor sentiment significantly. Foreign institutional investors continued their buying trend for the sixth consecutive session. Decent earnings expectations for…