Day: March 4, 2020

Hedge Funds Have Never Been This Bullish On Amazon.com, Inc. (AMZN)

Coronavirus is probably the #1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (see the details). So, how do we invest in this environment? We track hedge funds and corporate insiders for leads. Hedge funds’ top 5 stock picks returned 2.9% through March 2nd and beat the S&P 500 ETFs by nearly 7 percentage points. Investing in index funds guarantees you average returns, not superior returns. We are looking to generate

Only 2% of ‘crorepatis’ professionals: Govt in Rajya Sabha

The number of professionals with above `1 crore income has remained stagnant at just over 2,000 between AY 2015-16 and AY 2019-20.

The number of ‘crorepati’ individuals identifying as ‘professionals’ accounted for only 2% of all individuals declaring annual income of `1 crore in income-tax returns for assessment year AY 2019-20 (till February 15), the government said in Rajya Sabha on Tuesday. The category of professionals include those doctors, lawyers or tax consultants among others who do not draw salary on which tax can be deducted at source.

In fact, the number of professionals with above `1 crore income has

WhatsApp dark mode now available for all iPhone and Android users: Here’s everything you need to know

Dark mode for WhatsApp is now available for all iPhone and Android users around the world.

Facebook-owned WhatsApp is ‘finally’ ready to ship what it says has been the most requested feature from users globally, dark mode. Starting today, dark mode for WhatsApp is now available for all iPhone and Android users around the world – it should reach your phone in the coming days in a new WhatsApp update.

As the name suggests, dark mode for WhatsApp will bring a dark theme to the instant messaging app on both iPhone and Android devices. The feature has been a long