Sun, Sep 6, 2020 3:13 PM
FPIs turn net sellers in September so far, pull out Rs 900 cr
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The chair and another board member at Oscar Properties are leaving the group, the struggling Swedish landlord said late on Thursday, as its problems continue to deepen. The statement followed news that holders of its senior unsecured bonds were seeking immediate repayment of some 884 million Swedish crowns ($81 million). Shares in the property group were down 30% in early trade on Friday.
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Artificial intelligence (AI) has been dominating the news cycle as a technological arms race has kicked into high gear. Microsoft (NASDAQ: MSFT) led the pack early with its investment in AI pioneer OpenAI, but Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), Meta (NASDAQ: META), and the rest of big tech have all made their own forays into AI, with varying degrees of success.
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For decades, everyday investors have looked to Wall Street's brightest and most-successful investors for inspiration and ideas as to where they should put their own money to work. Thanks to Form 13F filings with the Securities and Exchange Commission, investors are able to peer over the proverbial shoulders of Wall Street greats like billionaires Warren Buffett, Ken Griffin.
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