JPMorgan Chase reported on Thursday that the bank's second-quarter profit fell as it increased reserves for bad loans by $428 million while discontinuing share repurchases. In a statement, he sai...
What is Cash CrunchA cash Crunch is synonymous with a lack of cash or an absence of liquidity.It is when individuals or organizations don't have enough cash at hand to meet their financial obligations...
On Wednesday, the Nigerian Exchange Limited (NGX) gained N132 billion at the market's close to cover losses incurred in previous markets. Yesterday, Seplat Nigeria recorded a 10% profit, Meyer Plc rec...
The first trading market for the week started with a negative start as it recorded a N259 billion loss following the decline of some medium-cap companies, dragging down market capitalization at the cl...
On Thursday, the Nigerian Stock Exchange Limited (NGX) finished positive with stock appreciation in Okomu Oil Plc and 49 other equities.The NGX All Share Index gained 891.31 basis points, or 1.21%, to...
5 Things to Note Before the Stock Market Opens1. Nasdaq 100 Changes Take Effect TodayThe Nasdaq 100 welcomes MicroStrategy (MSTR), Palantir Technologies (PLTR), and Axon Enterprise (AXON), whose share...
Wall Street Bets Against AI and Quantum Stocks Despite Big RallyAI stocks are red-hot once again—but not everyone’s buying the hype.Despite a wave of investor optimism fueled by cooling infla...