The Nigerian stock market experienced a modest gain of 0.1% last week, adding ₦77 billion to the total value of listed equities as investors braced for a potential interest rate hike by the Central ...
Stocks drifted higher leading into the shortened trading week, which includes the Thanksgiving holiday.The Dow Jones Industrial Average (^DJI) gained nearly 2% for the past week, while the S&P 500...
Key Takeaways:Ross Stores shares rose Friday morning after the company reported third-quarter profits that surpassed expectations, despite a slight miss on sales.CEO Barbara Rentler acknowledged that ...
Key Highlights:The S&P 500 rose 0.5% on Thursday, Nov. 21, 2024, buoyed by Nvidia's strong earnings, which reignited enthusiasm for the AI revolution.Super Micro Computer saw a 15% surge, fueled b...
1. Market Metrics• Shares Outstanding: 13 billion• Market Capitalization: ₦751 billion• Stock Symbol: STANBIC• Exchange: Nigerian Stock Exchange (NGX)• Current Market Position: 17th ...
The Dangote Petroleum Refinery has resumed purchasing crude oil from the United States after a three-month pause, signaling a strategic push to boost refining operations and oil production capacity.Ke...
SEC Urged to Streamline Record-Keeping to Tackle N215bn Unclaimed Dividends Key Highlights:1. Call for Better Record-Keeping:Shareholders have appealed to the Securities and Exchange Commission (...
Key PointsMicroStrategy shares surged on Wednesday, driven by bitcoin's record-breaking performance.The company holds the largest corporate bitcoin portfolio, valued at approximately $31 billion.Year-...
U.S. stock indexes closed mixed on Wednesday, with the S&P 500 ending flat after rebounding from earlier losses. Investors were cautious ahead of Nvidia's quarterly earnings announcement, which is...
KEY POINTS* Target missed third-quarter earnings and revenue estimates and cut its full-year guidance. * Target struggled to drive sales even after reducing prices on thousands of items. ...