A buyback, also known as a share repurchase, occurs when a company buys its own outstanding shares to reduce the number of shares available on the open market. Companies buy back shares for a number o...
Coinbase, the largest crypto exchange company has been fined the sum of $6.5 million by the Commodity Futures Trading Commission, an independent agency created to protect public users from fraud relat...
Saudi Aramco, one of the largest companies in the world by revenue saw its profit decline by 44% to $49 billion in 2020.The coronavirus pandemic wrecked the oil company's income as the ensuing lockdow...
Peloton's CEO said that a child was killed in an accident involving the company's treadmill. In a letter sent to all customers, the fitness company's CEO, John Foley said that they have been awar...
This year, we are going to visit and dissect real estate Investing and stock market investing. We will discuss and examine both areas of investing and see which one is better off. Investing is not jus...
Ride-sharing company Lyft, today announced that it saw the most riders this week than it has since the start of the pandemic. The coronavirus pandemic and ensuing lockdown starting March 2020 aff...
Despite the effects of the coronavirus pandemic on the airline and travel sector, Sun Country Airline saw a 51% jump in its trading debut.The airline is the first U.S. airline to go public in more tha...
United Bank of Africa saw its stocks rise this quarter, with revenue increasing 11% amounting to over N61 billion naira. It went from N559 billion to N620 billion in a year. In its financial repo...
Alex Karp, CEO of Palantir Technologies, condemned Wall Street for not paying enough attention to the development of healthy, long-lasting companies, but instead, focusing on gains. In an intervi...
ETFs are similar in many ways to mutual funds, except that ETFs are bought and sold throughout the day on stock exchanges while mutual funds are bought and sold based on their price at the day's end. ...