Smaller Banks Face Daunting Recapitalization Challenges Amid New CBN Mandates Detailed Breakdown:Key Points from Analysts:• Pressure on Smaller Banks:Afrinvest Securities Limited has warned tha...
Summary of the S&P 500 Performance in 2024Big Tech led another impressive year for the U.S. large-cap benchmark index, marking two consecutive years of stellar performance. The S&P 500 finishe...
2024 Market Laggards: Five Listed Firms Suffer Over 30% Share Price DeclineWhile the Nigerian Exchange Limited (NGX) celebrated a strong year of growth in 2024, with the All-Share Index (ASI) soaring ...
Rigetti Computing CEO Urges Caution After 48% Stock SpikeRigetti Computing's (RGTI) stock surged 48% in a single day, yet CEO Subodh Kulkarni is tempering investor expectations, emphasizing the long r...
Stocks Rebound After Recent Weakness, Dollar EasesKey Highlights:U.S. stocks rally; S&P 500 and Nasdaq end losing streakDollar softens after a four-day climbTreasury yields stabilize following upb...
Snap and Meta Stocks Drop Amid TikTok Ban UncertaintySnap Inc. (Snapchat) and Meta Platforms (Instagram) saw their stocks decline on Tuesday following renewed uncertainty about the potential U.S. ban ...
Carvana Stock Rises 4,000% in Two Years: What’s Ahead for 2025?Carvana (CVNA) has experienced an extraordinary two-year run, with its stock climbing an impressive 4,000% as the company navigated a m...
GE Aerospace Surges on Strong Q4 ResultsShares of GE Aerospace (GE) soared nearly 10% Thursday morning, topping the S&P 500 gainers, after the company reported fourth-quarter results tha...
Economic & Corporate NewsInflation Data on the HorizonInvestors are bracing for critical inflation data:Producer Price Index (PPI): Scheduled for release Tuesday.Consumer Price Index (CPI): Expect...
Apple Stock Faces Pressure Ahead of Earnings ReportInvestors are increasingly betting against Apple’s stock as the iPhone maker's earnings approach. Short interest in Apple has risen to 157 million ...