The Big Short Investor, Michael Burry has placed a bet against Elon Musk’s electric vehicle company, Tesla. If there's one thing Michael Burry is good at, it's placing bets. He's made bil...
For thousands of years, gold has been a highly sought-after commodity, and it continues to play a major role in the stock market today. Even in Nigeria, gold has been a crucial part of the country's e...
Pioneers of GPU-computing, Nvidia Corporation, announced on Friday that it plans to embark on a 4-for-1 stock split, the biggest in its history. This will give investors three extra shares for every o...
"The Big Short" Michael Burry, during the early phase of the lockdown in the United States, predicted that the post-pandemic reopening of the economy could lead to a spike in inflation.This prediction...
The price of Brent rose to $70.46 per barrel from $68.50, recorded the previous day on the decisions of Organisation of Petroleum Exporting Countries, OPEC and Non-OPEC ministers, to impact the volati...
According to a report by Vanguard, foreign investors seem to be losing confidence in Nigeria's economy, as Foreign Portfolio Investors (FPI) have seen a major decline of 41.57 percent in the first fou...
Shares of Moderna Inc. surged to a record high as concerns about the even-more contagious delta variant of Covid-19 spread.The shares went up as high as as 6.9% to $238.40, breaking through the prior ...
The People’s Bank of China said on Friday that it would cut the reserve requirement ratio (RRR) by 50 basis points for all banks. The new order is set to take effect from July 15.“We think this br...
After nearly six weeks of downward spiral, Bitcoin, on Sunday surged $39,000 for the first time since mid-June, pumping $114 billion to the crypto market. The bullish surge followed a recent sell-of...
Amid Beijing's crackdown on oversea share issuance, the US Securities and Exchange Commission said on Friday that it will require new disclosure requirements from Chinese companies seeking to list i...