Qatar attracts VC fund managers to Doha with its $1 billion ‘fund of funds’

Qatar attracts VC fund managers to Doha with its  billion ‘fund of funds’


Key Points
  • Qatar Investment Authority’s $1-billion fund of funds has accepted its first group of venture capital fund managers.
  • Raj Ganguly, co-CEO of B Capital, hailed the Gulf state’s approach to artificial intelligence, and its support for the sector, as of particular interest.
  • It comes as Qatar looks to diversify away from its dominant oil and gas industry.  



Source

China’s suppressed crypto demand is spilling over into these stocks
Finance

China’s suppressed crypto demand is spilling over into these stocks

Source

Read More
3 forces driving a record week for stocks as 7 portfolio names hit new highs
Finance

3 forces driving a record week for stocks as 7 portfolio names hit new highs

It’s been a week of records for the U.S. stock market — and for several stocks in the CNBC Investing Club’s portfolio. The S & P 500 jumped to an all-time high of 6,187.68 Friday, while the tech-heavy Nasdaq Composite rose to a new record of 20,311.51. Both benchmark gauges advanced around 4% from last […]

Read More
Stocks making the biggest moves midday: Nike, Uber, Newmont, Trade Desk and more
Finance

Stocks making the biggest moves midday: Nike, Uber, Newmont, Trade Desk and more

Check out the companies making headlines in midday trading Nike — Shares of the sneaker giant jumped about 17% after Nike posted fiscal fourth-quarter results that beat expectations and said it expects profit and sales declines to moderate in the future. Nike said it has already taken its biggest financial hit from its turnaround efforts, […]

Read More