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 (...
Warren Buffett's investment strategy showcases a mix of boldness and caution, with nearly $99 billion concentrated in two iconic brands: Apple and Coca-Cola. Through Berkshire Hathaway, Buffett has ma...
Revenue: $35.08 billion (+94% YoY), beating analyst expectations of $33.29 billion.Earnings Per Share (EPS): $0.81 adjusted, surpassing the $0.75 estimate.Net Income: $19.31 billion, mo...
Key PointsMicroStrategy shares surged on Wednesday, driven by bitcoin's record-breaking performance.The company holds the largest corporate bitcoin portfolio, valued at approximately $31 billion.Year-...
U.S. stock indexes closed mixed on Wednesday, with the S&P 500 ending flat after rebounding from earlier losses. Investors were cautious ahead of Nvidia's quarterly earnings announcement, which is...
KEY POINTS* Target missed third-quarter earnings and revenue estimates and cut its full-year guidance. * Target struggled to drive sales even after reducing prices on thousands of items. ...