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And Snapchat's shares take a tumble......
I personally don't like Snapchat's newest update. Just when I started making streaks with everyone, Snapchat came and decided to get a makeover. The entire app has become annoying now. I'm just waiting for a reverse update. Come to think of it, I like my apps to be the way they are. Whatsapp's emojis also freak me out at times. They seem too real. Instagram changed it's logo and I went from Whaaaaaat ? to What ? But no harm done there.
But there is one person who has the power (maybe unknowingly) to change Snapchat's share prices. Reality TV star Kylie Jenner wiped $1.3bn (£1bn) off Snap's stock market value after tweeting that she no longer used its Snapchat messaging app.
Celebrity Kim Kardashian's half-sister posted: "sooo does anyone else not open Snapchat anymore? Or is it just me... ugh this is so sad."
Snap's shares sank after Ms Jenner's tweet about Snapchat's re-design to her 24.5 million Twitter followers.
After dropping almost 8%, shares in Snap closed 6% down on Wall Street, and are now back near the $17 price at which the shares were listed when the company floated on the stock market in March of last year.
As explained in the previous post large caps account for 75% of the total market capitalization, mid caps 13% and small caps 7%. Now people are always in a dilemma as to where one must invest. Some prefer small caps & mid caps because of the profit potential while others prefer large caps because of the stable businesses, good management and lower volatility. This report will present the year-to-date gains of large caps, mid caps and small caps.
This data is as of 05-07-18 and is generated from Amibroker.
The average return stock for NIFTY 100 was -8%. The top gainer was 39% positive and top loser 56% down. Here are the top 5 gainers and top 5 losers for NIFTY 100 stocks.
A son, a husband, a father and now a HERO. Gone too soon but not in vain. Major Kaustubh Rane (29), resident of Mira Road, lost his life Rane, 29, lost his life fighting for the nation in the Gurez Sector of Jammu & Kashmir on August 7. He was among the four Army personnel killed in a gunfight with terrorists near the LoC in the Bandipura district on Tuesday. His coffin arrived late on Wednesday night and the last rites took place on Thursday morning with full military honours (he was decorated with the Sena Gallantry Medal by President Ram Nath Kovind on the 69th Republic Day celebrations this year).
Police had cordoned off the entire area around his building. Thousands of emotional onlookers (practically 3/4 of Mira Road's population) lined up alongside the road or from building tops and terraces to pay their respects and bid farewell to the man who made them proud and sacrificed himself to ensure their safety.
Raising slogans of "Major Kaustubh Rane, Amar Rahe" and …
Presentations, college activities and research work had become my life. Spending 4-5 hours on the laptop and another 3 on the phone had become an everyday thing. Not that I was complaining, but when my college's Nature Club teacher in-charge Prof. Radhika D'Souza asked me if I would like to come on a 4 night, 5 days trip to the Nagzira Tiger Reserve in Nagpur, I immediately said yes. The trip was scheduled from the 28th of December to the 1st of January 2019. This meant that I would be missing my birthday as well as New year in one shot. But trust me, I didn't regret my decision one bit.
Our train was from CST at 3pm. There were around 40 other people on the trip (whom, by the way I didn't know at all; except for a few. But I later on realized that it didn't matter who you knew or didn't know at the beginning of the trip. By the end of it, there wasn't a single person whom you couldn't smile at). This was to be my first long distance train journey. So I…