S&P 500: Gains and Losses on December 5The S&P 500 dipped 0.2% on Thursday, ending a four-day streak of record highs, as major U.S. equity indexes pulled back ahead of Friday’s jobs report. ...
Five Below Stock Surges on New CEO and Raised ForecastKey Points:Five Below shares jumped over 13% in premarket trading after announcing a new CEO and improving its annual outlook, citing "solid" Blac...
American Eagle Shares Drop 13% on Weak Holiday GuidanceAmerican Eagle’s shares fell 13% after the company issued weak holiday sales guidance and lowered its full-year forecast. Despite strong back-t...
Tesla Executives Engage inSignificant Stock TransactionsTesla Director, Robyn M Denholm, and CFO, Vaibhav Taneja, have recently sold a substantial number of shares in the company.Robyn M Denholm sold ...
Senate Advances Investment & Securities Bill 2024: Boost for Nigeria’s Capital MarketDetailed BreakdownKey Highlights from the Bill’s Second Reading• The Investments and Securities Bill (ISB...
Brewers in Nigeria Struggle with Rising Costs Amid FX Pressures and Logistics ChallengesKey Highlights:1. Surge in Cost of Sales Ratio Across Breweries• Guinness Nigeria recorded the highest cost of...
FCMB Reports Outstanding 67.6% Profit GrowthPerformance Highlights for Q3 20241. Profit Surge• FCMB recorded a 67.6% growth in after-tax profit, rising to ₦82.3 billion in the first nine months of...
JetBlue Raises Revenue Outlook on Post-Election Travel SurgeKey Takeaways:JetBlue revised its fourth-quarter and full-year revenue forecasts upward, citing stronger demand following the U.S. president...
Pure Storage Stock Surges on Strong Subscription GrowthKey Takeaways:Pure Storage shares jumped over 20% after strong third-quarter results and raised full-year revenue guidance.Subscription revenue c...
Robinhood Explores Entry Into Sports Betting, CEO Vlad Tenev SaysKey Points:Robinhood CEO Vlad Tenev revealed that the company is exploring a potential move into sports betting.The expansion could inv...