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☆ Top YouTuber MrBeast has acquired a startup that aims to be the LinkedIn for the creator economy
▼ + stars: | 2024-10-03 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +4 min

MrBeast has acquired a startup called Vouch, which aids creators in hiring and job postings. Vouch uses AI for job matching and was backed by VCs like Seven Seven Six and other investors. AdvertisementYouTube's top creator, MrBeast, has expanded his estimated $700 million a year business empire by acquiring the startup Vouch. Pesis brought on Patrick Dudek, also a former Cameo employee, to the Vouch team to help scale the platform. AdvertisementVouch was backed by Seven Seven Six, Liquid 2 Ventures, Shrug Capital, Niche Capital, WorkPlay Ventures, and angel investors including Andreas Klinger and Siqi Chen.

Persons: MrBeast, VCs, —, Marty Pesis, they've, Pesis, Jimmy Donaldson, Donaldson, Safiya Nygaard, Danny Duncan, Goldman Sachs, we're, Kara McCloud, Patrick Dudek, Hayden Hillier, Smith, Andreas Klinger, Siqi Chen Organizations: Service, LinkedIn, YouTube, Business, Stokes Twins, AMP, Cameo, Seven Seven, Shrug, Niche, WorkPlay Ventures

☆ Ron Insana: China's stock rally won't last because its economic problems run too deep
▼ + stars: | 2024-09-26 | by ( Ron Insana | ) www.cnbc.com time to read: +5 min

China's stock market has recently rebounded on the promise of further economic and market stimulus. The measures include cuts to a variety of interest rates , as well as support for China's flagging real estate sector . China's stimulus efforts The Shanghai Composite has rallied sharply in the aftermath of those moves but remains about 50% below its all-time high of nearly 6,000, last seen in 2007. These moves have failed to boost growth or lead to a durable and sustainable stock market rally. The U.S. stock market accounted for roughly 60% of global stock market valuation in 2023.

Persons: David Tepper, Let's, Ron Insana Organizations: Bank, Atlanta, Apple, Microsoft, Nvidia, Amazon, European Union, U.S . Energy, Administration, The, U.S, Olympus, CNBC Locations: United States, China, It's, Shanghai, U.S, Beijing, Europe, Canada, European, The U.S, Russia, Iran, North Korea

In the past, such a drumbeat of controversy in the final weeks of the campaign might have given voters pause, even prompting shifts in the race. “We are on overload with wild stories every news cycle,” said David Kochel, a longtime Republican strategist and a veteran of several presidential campaigns. You can’t keep up with it all, so a lot of people just tune it out.”Adding to it all was a moment far outside his control: Mr. Trump faced a second assassination attempt. It is unclear what — if anything — could reshuffle the race in such a fiercely polarized nation. In fact, views of Mr. Trump have improved from earlier this year when he was leading Mr. Biden, with more voters viewing him favorably now than they did several months ago.

Persons: ”, David Kochel, “ It’s, Trump, Biden, Harris, Trump’s Organizations: Communist

☆ Venice Film Festival red carpet showcases old Hollywood glamour
▼ + stars: | 2024-08-30 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

Some of the looks on the red carpet at the 81st Venice Film Festival could suggest the year was 1924, rather than 2024. Since the 11 day event began on August 28, attendees have given elegant nods to old Hollywood glamour: from time-honored dress silhouettes to vintage-inspired accessories. Taylor Russell floated across the carpet in a pale yellow silk crepon dress with a matching scarf attached to the train. Stefania D'Alessandro/WireImage/Getty ImagesChilean actor Mariana di Girolamo similarly resurrected a vintage silhouette for her Venice Film Festival appearance. The lesson is simple, and applicable to both fashion and film: Sometimes old is gold.

Persons: Tilda Swinton, Audrey Hepburn, Pablo Larrian’s “ Maria ” —, Maria Callas —, Angelina Jolie, Tamara Ralph, Jolie, Marlene Dietrich, Joan Crawford, Greta Garbo, Tamara Ralph’s, Angelina Jolie's, Gisela Schober, Taylor Russell's Loewe, Jolie wasn’t, Maria ”, Taylor Russell, Loewe, Marilyn Monroe, Monroe, Coco Chanel, Isabelle Huppert, Huppert, Cartier, Isabelle Huppert's Balenciaga, JB Lacroix, Mariana Di Girolamo, Stefania D'Alessandro, Mariana di Girolamo, ”, Di Organizations: CNN, 81st, British Vogue, Getty, Venice Locations: 81st Venice, yore, British, Chilean

☆ How Amazon's massive TV deal with YouTube's top star turned sour
▼ + stars: | 2024-08-09 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

"Beast Games" was part of a celebrity-studded slate Amazon presented at its TV upfronts debut in May. Despite being a dominant spender on entertainment content, Prime Video has faced questions about its popularity with viewers. A second Amazon insider said producers were already talking about making a Fyre Fest-like documentary about "Beast Games." Advertisement"All you do is go through worst-case scenarios and work backwards from there," the second Amazon insider said. But Mike Hopkins, SVP of Prime Video and Amazon MGM Studios, is all over the situation, two Amazon insiders said.

Persons: —, Jimmy Donaldson, it's, Jennifer Salke, Jimmy, Salke, Donaldson —, Donaldson, Dave Kotinsky, Burger, Donaldson's, Matthew Hiltzik, couldn't, Puck, Mike Hopkins Organizations: Service, YouTube's, Amazon, Amazon MGM Studios, Business, Beast, New York Times, Times, Prime, Ampere Analysis, Reuters Locations: New Jersey, Vegas

☆ I resigned from Tesla after nearly 8 years. I lost confidence in Elon Musk's vision for the company.
▼ + stars: | 2024-08-06 | by ( Grace Kay | ) www.businessinsider.com time to read: +7 min

This as-told-to essay is based on a conversation with a former Tesla employee who resigned from the company earlier this year and spoke anonymously to protect their privacy. The following year Tesla and SolarCity came to my city and I started in sales at SolarCity. When Tesla acquired SolarCity in 2016, I began working in sales for Tesla Energy. For example, I was on the sales team when Musk announced he only wanted to do online sales. The 2021 Model S and Model X refreshes were designed to make them look the same as the old models.

Persons: Tesla, SolarCity, Elon Musk, I've, Musk, There's, Justin Sullivan, I'd, I'm, — Organizations: Service, Tesla, Falcon, SolarCity, Tesla Energy, Twitter, Business

☆ Apple analysts shrug off Warren Buffett's big sale, remain bullish on the tech giant
▼ + stars: | 2024-08-06 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett's head-turning sale of his big Apple stake did not faze Wall Street analysts' conviction in the iPhone maker. Bank of America noted that Apple shares rallied 23% in the second quarter despite Berkshire's selling, showing the stock's strength. AAPL YTD mountain Apple Bernstein's Toni Sacconaghi believes Buffett started trimming Apple because the stock was getting too expensive for the value investor. Bernstein pointed out that Berkshire built most of its Apple position at a 15 times multiple, while selectively adding at 20 times earnings or below and trimming at 30 times earnings and above. Apple traded above 30 times earnings on average in the second quarter.

Persons: Warren Buffett's, Berkshire Hathaway, Tim Cook, America's Wamsi Mohan, Mohan, Buffett, Apple, Toni Sacconaghi, Sacconaghi, Bernstein, Ted Weschler, Todd Combs Organizations: Apple, Oracle, " Bank, America's, Bank of America, Apple . Berkshire, Wall, Research Locations: Omaha, Berkshire

☆ Our neighborhood is our village. We often have meals together and take turns looking after everyone's kids.
▼ + stars: | 2024-08-01 | by ( Jenna Jonaitis | ) www.businessinsider.com time to read: +6 min

Who's in for a block family dinner?" AdvertisementMost people say it takes a village to raise a family, but every village can look different. Each couple would take turns hosting all the kids for a few hours on Saturday morning. But it's especially fun to watch kids on the block cycle through old favorites. AdvertisementOur neighborhood isn't perfect, and sometimes the workload may be uneven, but our neighborhood village supports us and is there for us.

Persons: —, Sam, there's, chitchat, Carolyn, Jess Organizations: Service, Business

☆ War Gives Palestinian Olympians a Wider Role: Athlete-Diplomats
▼ + stars: | 2024-07-31 | by ( Tariq Panja | Aaron Boxerman | ) www.nytimes.com time to read: 1 min

Taliyah Brooks gingerly approached the athlete as he lay on the grass and asked her question in a voice just louder than a whisper. “Do you have a pin?” she began, squeezing her shoulders together in a nervous shrug and offering a slight smile. The athlete, who had been stretching, shot up immediately and flashed a huge grin. Pins are the currency of friendship at the Olympic Games, and for Mohammed Dwedar, who will run for the Palestinian team in the track and field competition, this intrusion was more than welcome. “I was almost nervous to come over,” Brooks, a Texan, said, “because I don’t know how y’all feel about the United States.”

Persons: Taliyah Brooks gingerly, needn’t, Mohammed Dwedar, “, ” Brooks, ” Organizations: Olympic Games, Palestinian Locations: United States

"For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin," Trump said at this year's Bitcoin Conference in Nashville. Kennedy went further than Trump, promising to establish a 4 million bitcoin strategic reserve to match the country's current stake in gold, some of which is held near the military base at Fort Knox. But Trump's reservation speaks to the complications of promising a bitcoin strategic reserve on par with the gold standard. An executive order would not be enough to bring a U.S. bitcoin reserve into existence. That existing bitcoin stockpile could act as the foundation for the bitcoin strategic reserve, which the U.S. government would build on by regularly buying a certain number of bitcoin.

Persons: Donald Trump, Marco Bello, Trump, Trump's, didn't, Tyler, Cameron Winklevoss, Kid Rock, Cynthia Lummis, Bill Hagerty, Marsha Blackburn, Robert F, Kennedy Jr, Kennedy, bitcoin, Sen, Lummis, Per Sen, Joe Biden, Kamala Harris, Fred Thiel Organizations: Reuters NASHVILLE —, Republican, U.S . Marshals Service, Trump, U.S . Treasury, Bitcoin Conference, Saturday, Wyoming, U.S, Treasury Department, House, Independents, Democratic, U.S . Securities, Exchange Commission, U.S . Locations: Charlotte , North Carolina, U.S, Nashville, United States of America, Germany, Fort Knox, Washington, United States, bitcoin

☆ Here's a sell-off strategy to take advantage of the painful market rotation out of tech stocks
▼ + stars: | 2024-07-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Those are our only "own, don't trade" stocks, and they may hold the key to the rest of tech. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, it's, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Apple, Nvidia, Club, Broadcom, AMD, Juniper Networks, Digital Realty Trust, Boston Beer, Bristol, Myers, Charter Communications, Colgate, Fed, Jim Cramer's Charitable Locations: Dexcom, Sketchers, Texas

☆ Death of Hedge Fund Stars: Wall Street, Stock Market Titans Are Gone
▼ + stars: | 2024-07-21 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Take activist hedge funds, which buy up a percentage of a company's stock (or an asset) and then use their weight to push for operational changes. Or there would be a fun, splashy war between the hedge fund and the C-suite. Hedge funds rely on outperforming the market when times are hard and it's easier to find pockets of outperformance and exploit them. Of course, hedge funds are having a hard time coming up with a crew because the clients have changed too. Advertisement"At the end of the 1960s, the bubble burst, and everyone thought, 'That's the end of hedge funds,'" Mallaby said.

Persons: David Tepper, Anthony Scaramucci, Lenny Kravitz, lanyards, Bobby Jain, Goldman Sachs, Denise Shull, Charles Lemonides, ValueWorks, Saba Capital's Boaz Weinstein, BlackRock, Nelson Peltz, Bob Iger, Paul Singer's Elliott, —, Elliott, Meir Statman, Statman, I'm, That's, Paris, Marc Jacobs, they've, they're, Sebastian Mallaby, Julian Robertson, Julian, Mallaby, Lemonides, wonky quants, Keith Gill, David Einhorn, Andrew Left, bro Organizations: Appaloosa Management, Carolina Panthers, Bellagio, Millennium Management, Credit Suisse, Jain, Disney, Paul Singer's Elliott Management, Santa Clara University, Behavioral Finance, New, Tiger Management, Met, rockstar, Ferrari, Greenlight, Harvard, Princeton grad, Research Locations: Vegas , New York City, Singapore, Argentine

☆ Jeremy Siegel says markets are 'looking forward' to a second Trump boost
▼ + stars: | 2024-07-15 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Wharton School finance professor Jeremy Siegel said markets are already anticipating a second Trump bump after the attempted assassination of the former president on Saturday raised the odds he will win the November election. He's more free market, he's antiregulatory, for growth," Siegel told CNBC's "Squawk Box" on Monday. Will there be a second time where those entrepreneurial spirits could rise and boost the stock market?" Siegel made his comments after the assassination on Trump raised the likelihood the Republican will win the presidency for a second time. "They're not thrilled about the tariffs," Siegel said of Wall Street.

Persons: Jeremy Siegel, Trump, Donald, he's, Siegel, CNBC's, Stocks, Trump's, They're Organizations: Wharton School, Trump, Republican, U.S, Wall Locations: China

☆ Ron Insana: Look to the U.S. for economic resilience and continued global stock market leadership
▼ + stars: | 2024-07-13 | by ( Ron Insana | ) www.cnbc.com time to read: +4 min

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. The S&P 500 is up nearly 18% in 2024, while the Nasdaq Composite is up 22% in that same time frame. Americans have often been accused, especially by those living abroad, of having a rather narrow view of the world. But President Xi Jinping's "party over prosperity" political model continues to dampen enthusiasm among both foreign investors and domestic consumers. There may be a day that that becomes true and other economies and markets may prove more alluring, but that day has yet to come.

Persons: it's, Xi Jinping's, It's, Dorothy Gale of, Ron Insana Organizations: New York Stock Exchange, Nasdaq, U.S, National Institution for Finance, Development, Monetary Fund, Overseas, Treasurys, U.S ., CNBC Locations: New York City, U.S, Japan, Argentina, Turkey, China, Shanghai, Italy, Spain, America, Dorothy Gale of Kansas

☆ Stock market today: US stocks rise to records ahead of key June inflation report
▼ + stars: | 2024-07-08 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks jumped to record highs ahead of key economic data releases this week. AdvertisementUS stocks jumped to record highs on Monday ahead of key economic data scheduled for this week. Investors will be keenly focused on the June consumer price index report on Thursday, with Core CPI expected to rise 3.1% year-over-year, compared to May's CPI report of 3.3%. More inflation data will be released on Friday with the release of the June PPI report, which is expected to rise 0.1% on a month-over-month basis. The new inflation data will help inform investors and the Federal Reserve about the path of interest rates for the rest of this year.

Persons: Powell, —, Jerome Powell, Wells, Katie Stockton, Stockton Organizations: PPI, Service, Federal Reserve, Fed, Fed Governors, JPMorgan, Citigroup, Here's Locations: Wells Fargo

☆ Carlos Alcaraz beats Frances Tiafoe at Wimbledon in five-set escape
▼ + stars: | 2024-07-05 | by ( Matthew Futterman | ) www.nytimes.com time to read: +5 min

Carlos Alcaraz nearly crashed out at Wimbledon on Friday at the hands of a familiar foe. 3 Alcaraz came alive, running away with the fourth-set tiebreak and the fifth set to prevail 5-7, 6-2, 4-6, 7-6(2) 6-2. Tiafoe played his best tennis of the year, or maybe even two. But with his hopes for the tournament resting on the outcome of a fourth-set tiebreak, it was Alcaraz who came alive. Tiafoe played with the fearlessness and confidence that has been missing.

Persons: Carlos Alcaraz, Frances Tiafoe, Alcaraz, “, ” Alcaraz, Tiafoe, Alcaraz’s, Jannik Sinner, American Brandon Nakashima, Ugo Humbert, Novak Djokovic, Ben Shelton, Matteo Arnaldi, Glyn Kirk, unreturnable, ”, Zac Goodwin Organizations: Wimbledon, U.S ., That’s, Alcaraz, U.S, Getty, Croatian Borna, Court Locations: American, —

☆ Utility bills are getting cheaper, but AI could spoil the party
▼ + stars: | 2024-07-04 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

AdvertisementAlthough payments have declined, electricity prices — the chief component driving utility costs — have been rising quickly, BofA noted. The upswing is on account of increased power demand, fueled by a range of diverse sources. But AI is the front-and-center factor that will drive utility costs up over a potentially multi-decade horizon, BofA noted. Higher demand cloud servers has already caused a upswing in commercial electricity demand, such as in Virginia and Texas. AdvertisementFor investors, the rising power demand has drawn a spotlight on utility stocks, projected to be the AI boom's actual winners.

Persons: BofA, —, It's Organizations: Bank of America, Service, BofA Global Research Locations: Virginia, Texas

☆ Novo Nordisk shares shrug off concerns over study linking weight loss drugs to rare eye condition
▼ + stars: | 2024-07-04 | by ( April Roach | ) www.cnbc.com time to read: +2 min

Novo Nordisk investors appeared unperturbed Thursday by a critical Harvard report that linked weight loss drugs to a rare eye condition. Semaglutide, which is present in weight loss drugs including Novo Nordisk's Ozempic and Wegovy, might be associated with an increased risk of a rare eye disease, according to a study carried out by Harvard Medical School. Patients were more likely to be diagnosed with the eye condition compared to patients who were not prescribed the weight loss drugs, the study found. A spokesperson from Novo Nordisk said the optic nerve disease NAION is not an "adverse drug reaction for the marketed formulations of semaglutide" as per the approved labels. "Patient safety is a top priority for Novo Nordisk, and we take all reports about adverse events from use of our medicines very seriously," the spokesperson said.

Persons: Emmanuel Papadakis Organizations: Novo Nordisk, Harvard, Novo Nordisk's Ozempic, Harvard Medical School, Analysts, Deutsche Bank Locations: London

☆ Opinion | Biden Cannot Go on Like This
▼ + stars: | 2024-06-28 | by ( Frank Bruni | ) www.nytimes.com time to read: +1 min

I’m not sure I’d ever watched Donald Trump lie so incessantly, extravagantly and unabashedly, and that’s saying something. He lied about his relationship with the military, about his concern for the environment — about pretty much any and every subject that came up. But President Biden failed to take advantage of it. Biden, 81, came into his face-off with Trump knowing that many voters were concerned about his age and had doubts about his sharpness. And he and they spent much of the past week devoted to preparation, preparation, preparation, pausing occasionally to assure nervous Democrats that Biden had this thing under control.

Persons: I’m, I’d, Donald Trump, Biden, He’d Organizations: Capitol, Trump Locations: Charlottesville, Va

☆ Early divisions signal bitter internal conflicts as Supreme Court turns toward final decisions
▼ + stars: | 2024-06-25 | by ( John Fritze | ) edition.cnn.com time to read: +9 min

Even as the court is sometimes finding wider-than-expected majorities for relatively limited outcomes, the nine justices are regularly in conflict over the meaning of decisions. A number of lower-profile cases have also sparked deep doctrinal divisions, even when the final vote count is lopsided. “It does seem, at least anecdotally, unusual to have this many separate opinions in cases with relatively lower stakes,” said Steve Vladeck, CNN Supreme Court analyst and professor at the University of Texas School of Law. The Supreme Court earlier this month tossed out an appeal from anti-abortion doctors challenging expanded access to the abortion pill mifepristone. Among them, Justice Sonia Sotomayor slammed the court’s majority opinion for its reliance on history to decide the trademark dispute.

Persons: ”, Steve Vladeck, “, dinged, councilwoman, Brett Kavanaugh, ” Kavanaugh, Donald Trump, Jack Smith’s, yank Trump, Trump, Amy Coney Barrett, Samuel Alito, Kavanaugh, ” Barrett, Aziz Huq, Huq, Moore, John Roberts ’, hasn't, Neil Gorsuch chimed, Justice Ketanji Brown Jackson, ” Alito, Clarence Thomas, Alito, it’s, Sylvia Gonzalez, Florida GOP Sen, Marco Rubio, Sonia Sotomayor Organizations: CNN, University of Texas School of Law, Trump, Capitol, University of Chicago, New York, Police, Florida GOP, Republican Locations: Moore, Texas, Trump, concurrences

☆ The happiest people use these 3 phrases often, from psychologists and workplace experts
▼ + stars: | 2024-06-23 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Finland has a lengthy track record of happiness, holding the top spot for seven years in a row now. CNBC Make It asked a group of Finnish and Danish business leaders and psychologists to explain those results. The phrase translates to "It doesn't matter" or "Don't worry about it," Wiking wrote for CNBC Make It in April. Whether you're dealing with a minor issue or a major setback, using this phrase can help you move on from life's ebbs to find happiness, Wiking wrote. "'Pyt med det' encourages us to shrug off negativity and move forward with grace and resilience."

Persons: Anni Hallila, Hallila, Meik Wiking, Wiking, ebbs Organizations: CNBC, American Psychological Association, People, Happiness Research Locations: Finland, Denmark, Danish, reoccurring

☆ Oil steady amid US stock build but jitters abound
▼ + stars: | 2024-06-19 | by ( ) www.cnbc.com time to read: +2 min

Oil prices were little changed on Wednesday, staying close to their highest levels in seven weeks as the market weighed concerns over escalating conflicts against demand worries following an unexpected rise in U.S. crude inventories. U.S. West Texas Intermediate crude was down 20 cents to $81.37 per barrel. U.S. crude stocks rose by 2.264 million barrels in the week ended June 14, market sources said on Tuesday, citing American Petroleum Institute figures. However, gasoline inventories fell by 1.077 million barrels, while distillates rose by 538,000 barrels, the sources said, speaking on condition of anonymity. China data this week showed May industrial output lagged expectations, but retail sales, a gauge of consumption, marked their quickest growth since February.

Persons: Ricardo Evangelista, Israel Katz, Jun Rong Organizations: Brent, . West Texas, American Petroleum Institute, Reuters, U.S . Energy, Administration, Hezbollah, U.S, IG Locations: Ukrainian, Russian, East, Israel, Iran, China, Singapore

☆ Don't try to turn your passion into a job or pay for private school, says business guru Scott Galloway
▼ + stars: | 2024-06-16 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Read previewAlmost nobody should try to turn their passion into a career, bet the farm on a single investment, expect to escape rejection in life — or pay for private school, says Scott Galloway. Galloway is a marketing professor at NYU Stern and a host of podcasts like "Pivot" and "The Prof G Show." Related stories"As you get older, you become really passionate about taking care of your kids," he said. "You become really passionate about doing wonderful things with your spouse, taking care of your parents, and your priorities change." Advertisement"All you need is one good mentor, a few good friends, one wonderful mate, one business that works," Galloway said.

Persons: —, Scott Galloway, NYU Stern, G, Galloway, I've, Kanye, Madeleine Albright, Stephen Hawking Organizations: Service, NYU, Business, Grace Locations: Scott Galloway . Galloway

☆ How to invest in India, the world's fastest-growing major economy
▼ + stars: | 2024-06-13 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +10 min

India has been dubbed the "perfect" emerging market to invest in, but it can be tricky for those outside the country to gain access. India's stock market has been making headlines this year, and for good reason. "India remains one of the best-performing equity markets this year, underpinned by the world's fastest-growing major economy and a resilient macro backdrop," said James Thom, senior investment director Asian equities at Abrdn, in a note to clients. Some of the top ETFs in North America include the Columbia India Consumer ETF , the First Trust India NIFTY 50 Equal Weight ETF and the BMO MSCI India ESG Leaders Index ETF . In Europe, the list includes the iShares MSCI India UCITS ETF , which provides exposure to around 85% of the stock market, and the Xtrackers MSCI India Swap UCITS ETF Capitalisation 1C .

Persons: Krishnamurthy Subramanian, Narendra Modi's, Kevin T, Carter, Goldman Sachs, James Thom, aren't, GDRs, Arjun Jayaraman, there's, Jayaraman, Abrdn's Thom, Surendra Goyal, Thom, EMQQ Global's Carter, Modi's, it's, Jonathan Pines, — CNBC's Ganesh Rao, Tuul, Bruno Morandi Organizations: CNBC Pro, IMF, Bharatiya Janata Party, EMQQ, CNBC, Wealthmills Securities, Global, Causeway, Mutual, Columbia India Consumer ETF, First Trust India, BMO, India, Nasdaq, Investors, Nokia, Bank of America, Citi, Edge, Reliance Industries, U.S ., Bank of India, Network18, Bank, Getty Locations: India, China, North America, Europe, Singapore, U.S, Indian, Chhatrapati Shivaji Terminus, Mumbai

☆ One of Russia's allies says it is quitting Putin's rival to NATO, in the latest snub to the Kremlin
▼ + stars: | 2024-06-13 | by ( Mia Jankowicz | Sinéad Baker | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA key Russian ally said it's quitting the Collective Security Treaty Organization, a group widely considered to be President Vladimir Putin's answer to NATO. The prime minister told lawmakers: "We will leave. Related storiesTensions have heightened between Russia and Armenia since Putin's full-scale invasion of Ukraine, which Pashinyan has refused to endorse on multiple occasions. Frankopan said the latest development may not end with Armenia leaving the CSTO if negotiations take place.

Persons: —, it's, Vladimir Putin's, Nikol Pashinyan, he'd, Pashinyan, Putin, Pashinyan's, Dmitry Peskov, Peter Frankopan, Frankopan Organizations: Service, Security, Organization, NATO, Armenian, Associated Press, Business, AP, Kremlin, Oxford University, West . Relations, Ukraine —, Azerbaijan, International Criminal Locations: Russian, Russia, Moscow, Armenia, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan, Ukraine, Balkans, Azerbaijan

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