Monday, May 16, 2022

Netflix, Meta shares dumped by hedge funds as stocks plummet

The S&P 500 is now down nearly 16% for the year to date, while the Russell 1000 Growth index, which is more focused on technology companies, is down nearly 25% over the same period.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...