Key Takeaways:Ross Stores shares rose Friday morning after the company reported third-quarter profits that surpassed expectations, despite a slight miss on sales.CEO Barbara Rentler acknowledged that ...
Key Points:Economists predict 317,000 fewer annual EV registrations if the $7,500 tax credit is removed.Gasoline consumption would see a marginal increase of 155 million gallons in the first year.Morg...
Key Points:Bluesky CEO Jay Graber highlighted the platform’s open design, allowing users to leave with their followers, making it resistant to acquisitions.Graber emphasized the platform’s open-so...
Key PointsSEC Chair Gary Gensler, known for his ambitious and often contentious regulatory agenda, will step down on Jan. 20, 2025.His departure paves the way for President-elect Donald Trump to selec...
Key Highlights:Palo Alto Networks (PANW) surpassed analysts' estimates for first-quarter fiscal 2025 revenue and profit.The cybersecurity giant raised its full-year revenue and adjusted EPS guidance.A...
Key Highlights:The S&P 500 rose 0.5% on Thursday, Nov. 21, 2024, buoyed by Nvidia's strong earnings, which reignited enthusiasm for the AI revolution.Super Micro Computer saw a 15% surge, fueled b...
1. Market Metrics• Shares Outstanding: 13 billion• Market Capitalization: ₦751 billion• Stock Symbol: STANBIC• Exchange: Nigerian Stock Exchange (NGX)• Current Market Position: 17th ...
The Dangote Petroleum Refinery has resumed purchasing crude oil from the United States after a three-month pause, signaling a strategic push to boost refining operations and oil production capacity.Ke...
Investors are ramping up bets that Trump 2.0 will loosen the federal government’s grip over mortgage giants Freddie Mac (FMCC) and Fannie Mae (FNMA), ending one of the oldest fights on Wall Street.T...
SEC Urged to Streamline Record-Keeping to Tackle N215bn Unclaimed Dividends Key Highlights:1. Call for Better Record-Keeping:Shareholders have appealed to the Securities and Exchange Commission (...