Super Micro Computer (SMCI): Recent Options Market ActivityKey Observations1. Bearish Sentiment Dominates:55% of options activity reflects bearish sentiment, while 38% indicates bullish sentiment.Nota...
? Dangote Champions Non-Oil Exports for Nigeria’s Economic Revival ??Detailed Breakdown:1. Dangote Group’s Call to Action ?The Dangote Group has emphasized Nigeria’s potential as a global non-oi...
OpenAI Offers $1.5 Billion Tender Deal to SoftBank, Letting Employees Cash Out SharesKey PointsOpenAI employees can sell $1.5 billion worth of shares in a new tender offer to SoftBank, allowing them t...
Insurers Thrive: Total Assets Surge to ₦1.46 Trillion ??Breaking Down the Growth:The assets of 10 listed insurance firms in Nigeria soared to ₦1.46 trillion in the first nine months of 2024, a rem...
Autodesk Stock Drops Despite Strong Performance Due to CFO TransitionKey Highlights:Autodesk exceeded expectations for adjusted profit and sales but faced a 6% stock drop after announcing a CFO change...
US Plans New Chip Curbs on China, Softer Than Earlier ProposalsThe Biden administration is preparing new restrictions on the sale of semiconductor equipment and AI memory chips to China, aiming to int...
Rising Interest Rates Slow Commercial Paper Issuances in NigeriaKey Insights from H2 2024:1️⃣ Sharp Decline in Issuances:• Commercial paper (CP) issuances have plummeted to N165.8 billion since ...
Homebuyer Demand for Mortgages Rises 12% After Interest Rates DropKey Highlights* Mortgage applications for home purchases jumped 12% from the previous week and were 52% higher than the same time last...
Walmart-Backed Symbotic Shares Plunge After Accounting ErrorsKey Takeaways* Symbotic, an AI-driven warehouse technology company backed by Walmart, announced accounting errors that significantly impact...
? Nigerian Investment Bankers Commit to $1 Trillion Economy Goal ?? Key Highlights:1️⃣ Support for Nigeria's Economic Vision:Investment bankers have pledged to help the federal government achieve ...