Cash and carry trade is a transaction in which a buyer takes a short position on a futures contract and a long position on the underlying asset, where the current price or spot price of the underlying...
A whisper number is the unofficial, unpublished earnings per share (EPS) estimates or forecasts that circulate among Wall Street professionals. These numbers are believed to circulate only among insid...
Regions Bank is a brick-and-mortar bank that supports online banking and has a user-friendly mobile application for customers to use in other to meet customers' demands. According to Regions Financi...
What is Berkshire Hathaway?Berkshire Hathaway is an American multinational conglomerate, the company owns Acme Bricks, Businesswire, Duracell, GEICO, Dairy Queen, and many others. They ow...
Many years ago, investment icon, Warren Buffet advised Airbnb CEO Brian Chesky to “get rich slow”, over lunch. On Wednesday, the Airbnb CEO ignored the advice and filed for an IPO to speed things ...
The recent Black Lives Matter movement in the United States which was stirred by the death of George Floyd also created a ripple among many African nations that are yet to recover from issues caus...
Tesla said that it would split its stock in 5 to one process. This means that each stock of tesla will be split into 5 and the split will be effective on August 31, 2020. The split will be made ...
Pinterest has appointed the first Black member of its board of directors after allegations of racism were made against the social media network. On Monday, the company officially appointed Andre...
On Wednesday, Facebook announced that it would be launching initiatives that will help support black-owned businesses. As a result of this initiative, Facebook would be dedicating $40 million from ...
According to Rob Subbaraman, the Head of Global Macro Research at Nomura, if the Democratic presidential candidate wins the coming elections which will be taking place in November, it could be of g...