All the latest news from Investing Port https://www.investingport.com UnitedHealth Group (UNH) – Q1 2025 Earnings Report? Stock Reaction:Shares plunged 20% in premarket trading after disappointing results and a lowered profit forecast.? Key Highlights:Revenue:$109.58 billion? Up 10% YoY❌ Missed expectations of $111.46 billion (Visible Alpha)Adjusted Earnings Per Share (EPS):$7.20❌ Below forecast of $7.25? 2025 Outlook (Revised Guidance):Previous EPS Forecast:$28.15 – $28.65New EPS Forecast:$24.65 – $25.15Previous Adjusted EPS Forecast:$29.50 – $30.00New Adjusted EPS Forecast:$26.00 – $26.50 Thu, 17 Apr 2025 09:23:24 EST https://www.investingport.com/unitedhealth-group-unh-q1-2025-earnings-report/ https://www.investingport.com/unitedhealth-group-unh-q1-2025-earnings-report/ ? Corporate Excellence Shines Bright: Dangote Cement, Seplat & UBA Among Big Winners at NGX Reporting Awards!It was a night of honor and recognition at the second edition of the Corporate Reporting Award, hosted by the Institute of Chartered Accountants of Nigeria (ICAN) in collaboration with NGX Regulation Limited. The event, held at the Nigerian Exchange, spotlighted listed companies that have gone above and beyond in their commitment to transparent, accountable, and sustainable corporate reporting for the year 2023.Here are the major highlights ?:? Dangote Cement PlcCemented its place at the top by clinching the prestigious Platinum Award for excellence in corporate reporting.? MTN NigeriaBagged the Gold Award, showcasing its solid track record in financial transparency.? Seplat EnergyEarned a well-deserved Runner-Up position, applauded for outstanding disclosure practices and reporting clarity.? UBA (United Bank for Africa)Won the Best in Class Award of Excellence in Sustainability Reporting, proving once again that they don’t just do business — they build legacies!? Stanbic IBTC HoldingsCame out top in the Financial Reporting category, setting the bar high for precision and accuracy.? GTCO & Zenith Bank PlcBoth banks shone in the Corporate Governance category, showing a firm commitment to ethical leadership and accountability.? Most Improved Company (Overall): International BreweriesTheir leap in corporate reporting standards earned them a standout award for improvement.What They’re Saying ?️ICAN President, Davidson Alaribe, emphasized that the awards are meant to encourage transparency, sustainability, and social responsibility — not just profit. “Investors are watching,” he said. “No one wants to put their money in secrecy. These companies have shown they’re worthy of investor confidence.”NGX RegCo CEO, Olufemi Shobanjo, echoed this, noting that corporate reporting isn’t just about ticking boxes — it’s a powerful tool to build trust, attract investors, and strengthen Nigeria’s capital market.And the assessors agree! According to Grace Fatogbe and Assoc. Prof. Yinka Moses (Victoria University of Wellington, NZ), corporate reporting in Nigeria has significantly improved, showing local firms are preparing to compete on a global scale.? Final WordTransparency is no longer optional — it’s the new currency of trust in the investment world. These companies aren’t just winners; they’re trailblazers lighting the path for others in the Nigerian corporate ecosystem.#NGX #ICAN #CorporateReporting #DangoteCement #Seplat #UBA #TransparencyWins #InvestSmart Thu, 17 Apr 2025 09:09:27 EST https://www.investingport.com/corporate-excellence-shines-bright-dangote-cement-seplat-uba-among-big-winners-at-ngx-reporting-awards/ https://www.investingport.com/corporate-excellence-shines-bright-dangote-cement-seplat-uba-among-big-winners-at-ngx-reporting-awards/ TSMC (Taiwan Semiconductor Manufacturing Company) – Q1 2025 Earnings Report? Reporting Period: January – March 2025? Key Highlights:Net Profit:NT$361.56 billion (≈ $11.12 billion)? Up 60% YoY? Beat analyst expectations of NT$351.65 billion (FactSet consensus)Revenue:NT$839.25 billion (≈ $25.53 billion)? Up 42% YoY? Down 5.1% QoQOutlook (Q2 2025 Forecast):Expected revenue between $28.4 billion and $29.2 billionKey Commentary:Strong demand continues for 3nm and 5nm chipsCompany has not yet been impacted by tariffs, but remains cautious of future risks Thu, 17 Apr 2025 05:21:27 EST https://www.investingport.com/tsmc-q1-2025-earnings-report/ https://www.investingport.com/tsmc-q1-2025-earnings-report/ Market Summary – April 17, 2025US Stocks Drop as Tech Sector Leads Broad Market DeclineU.S. equity markets closed sharply lower on Wednesday, weighed down by a broad selloff in technology stocks.Nasdaq Composite fell 3.1% to 16,307.16S&P 500 dropped 2.2% to 5,275.70Dow Jones Industrial Average declined 1.7% to 39,669.39The technology and consumer discretionary sectors led the decline, while energy was the only sector to post gains.Treasury yields fell:10-year yield: down 5.2 bps to 4.3%2-year yield: down 7.6 bps to 3.8%Commodities:WTI crude oil (May) rose 2.2% to $62.68/barrelGold jumped 3.5% to $3,353.40/oz,Silver gained 1.4% to $32.75/ozNotable Movers:Nvidia (NVDA) fell 6.9% after warning of a $5.5B charge due to U.S. licensing requirements for exports of its H20 chips to China.AMD (AMD) dropped 7.4% over similar export restrictions affecting its MI308 chips, potentially incurring up to $800M in charges.Tesla (TSLA) fell 4.9% amid reports it paused component shipments for its Cybercab and Semi models due to rising tariffs.Palantir (PLTR) and ON Semiconductor (ON) declined 5.8% and 4.5%, respectively.J.B. Hunt (JBHT) sank 7.7%, the worst performer in the S&P 500, as executives warned tariffs were weighing on demand despite beating earnings expectations.Abbott Laboratories (ABT) gained 2.7% after affirming its full-year outlook and beating Q1 earnings expectations.Fed Chair Powell stated that new tariffs are “highly likely” to cause at least a temporary rise in inflation, with the possibility of longer-lasting price pressures. Thu, 17 Apr 2025 03:33:20 EST https://www.investingport.com/market-summary-april-17-2025-us-stocks-drop-as-tech-sector-leads-broad-market-decline/ https://www.investingport.com/market-summary-april-17-2025-us-stocks-drop-as-tech-sector-leads-broad-market-decline/ Chip Stocks Sink as U.S. Tightens Export Controls to ChinaKey Highlights:Semiconductor stocks tumbled Wednesday after Nvidia and AMD warned of financial impacts due to new U.S. export rules targeting chip sales to China.Nvidia (NVDA) and AMD (AMD) each dropped over 6% in early trading, while Broadcom (AVGO) fell nearly 4%, dragging the PHLX Semiconductor Index (SOX) down 4%.The Trump administration has mandated export licenses for AI chips, including Nvidia’s H20 and AMD’s MI308, restricting their sale to Chinese firms.Nvidia said it now requires a license to sell its H20 chip “for the indefinite future,” citing concerns about the chips being used in Chinese supercomputers.The company expects a $5.5 billion charge in Q1 FY2026 and is set to report earnings on May 28.AMD anticipates up to $800 million in charges tied to the MI308 chip due to the new licensing rules.The U.S. Commerce Department confirmed that similar licensing will apply to other comparable AI chips. Wed, 16 Apr 2025 11:48:55 EST https://www.investingport.com/chip-stocks-sink-as-us-tightens-export-controls-to-china/ https://www.investingport.com/chip-stocks-sink-as-us-tightens-export-controls-to-china/ ? NGX Trading Summary – Wednesday, April 16, 2025Today’s session on the Nigerian Stock Exchange (NGX) wrapped up with a decent mix of action and movement in both volume and value.? Market Overview: • Total Volume Traded: 351.66 million shares • Total Deals: 12,141 • Market Value: ₦13.71 billion • Market Capitalization: ₦65.3 trillionCompared to Tuesday, April 15: • ? Volume declined by 5% • ? Turnover improved by 26% • ? Number of deals fell by 8%So while fewer shares were exchanged and fewer deals happened, the overall value traded was significantly higher — a sign of interest in higher-priced stocks today.? Market Breadth:Out of 124 stocks that traded today: • 24 stocks gained • 21 stocks lost value • The rest remained unchanged, indicating a fairly neutral sentiment overall.? Top Gainers:These stocks made their investors smile the most today: • Abbey Mortgage Bank rose by +9.99% to close at ₦8.15 • Sovereign Trust Insurance gained +7.69% • Nigerian Exchange Group was up +7.3% • Deap Capital Management & Trust climbed +6.67%? A good day for players in the finance and investment space!❗ Top Losers:Some big names took a hit today: • Guaranty Trust Holding (GTCO) dropped by a hefty -11.94%, closing at ₦59.00 • Zenith Bank followed closely with -11.65% • Industrial & Medical Gases lost -10% • Guinea Insurance also dipped by -9.52%? Heavyweights like GTCO and Zenith going red had a visible effect on overall market sentiment.Most Active Stocks (by Volume):Here’s where the action was concentrated: • Access Holdings led the chart with 68.2 million shares traded • Guaranty Trust Holding (GTCO): 36.8 million • FCMB Group: 28.8 million • United Bank for Africa (UBA): 26.4 million? The banking sector remains the engine of liquidity on the NGX!⚖️ Final Word:Today’s trading saw a stronger value flow despite fewer deals — a subtle sign of focused investor interest in key stocks. As always, price moves are part of the game, and dividend season continues to stir activity.#NGXRecap #StockMarketVibes #TradingDayHighlights Wed, 16 Apr 2025 10:50:32 EST https://www.investingport.com/ngx-trading-summary-wednesday-april-16-2025/ https://www.investingport.com/ngx-trading-summary-wednesday-april-16-2025/ 5 Things to Know Before the Stock Market Opens TodayTop 5 Market Movers This Morning1. U.S. Futures Slide on Tech WeaknessTech stocks weigh on the market amid U.S.-China trade tensions. Nasdaq futures drop 1.5%, S&P 500 dips 0.8%. Dow futures are slightly down. Gold hits $3,300+ and oil ticks higher.2. Nvidia (NVDA) Falls on China Chip Export CurbsShares tumble nearly 6% premarket as the U.S. imposes new export restrictions on Nvidia’s H20 AI chips. The company expects a $5.5B hit in Q1 FY26.3. Fed Chair Powell to Speak TodayPowell is scheduled to speak at 1:30 p.m. ET. Markets await insights following recent tariff moves that could affect inflation and growth.4. March Retail Sales Expected to JumpRetail sales are forecast to rise 1.2% in March, signaling consumer strength despite economic uncertainty. Data drops at 8:30 a.m. ET.5. ASML Misses on Orders and OutlookASML shares fall over 4% after Q1 bookings miss expectations and Q2 sales guidance comes in soft. The company cites growing macro uncertainty.]]> Wed, 16 Apr 2025 08:52:18 EST https://www.investingport.com/5-things-to-know-before-the-stock-market-opens-today/ https://www.investingport.com/5-things-to-know-before-the-stock-market-opens-today/ Nigeria’s Oil Palm Revolution: 1.5 Million Hectares to Be Replanted!…As BUA, Okitipupa Oil Palm, Ellah Lakes & Others Boost InvestmentPalm Oil Boom Incoming!? Nigeria Gears Up to Reclaim Global SpotlightIn a bold move to revive Nigeria’s oil palm legacy and tap into the surging demand for palm oil both locally and globally, oil palm growers are set to replant 1.5 million hectares of oil palm over the next five years across 27 states.Why it matters? Nigeria wants to move from being the 5th largest to the 3rd largest global producer of palm oil!This ambitious plan is part of the Oil Palm Development Strategy for Nigeria (2024–2029) spearheaded by the Oil Palm Growers Association of Nigeria (OPGAN).What’s the Goal? • Close Nigeria’s 1.92 million metric tons (MT) palm oil production gap • Boost foreign exchange earnings via exports • Drive job creation and economic growth • Empower local oil palm farmers and investorsKey Stakeholders Fueling the Growth: • BUA Group has signed a deal with Alfa Laval to build a 1,000MT/day palm oil refinery in Dubai. • PZ Wilmar has invested over $150 million, controlling over 26,000 hectares in Cross River. • Ellah Lakes plans to kick off production in 2025 and expand into palm kernel oil. • Okitipupa Oil Palm Plc (OOP) under new investors, has acquired 4 state-of-the-art mills for massive expansion in Ondo State. • UNIDO & NPPAN brought in €300 million investment to strengthen the sector and create 300+ jobs.A Blast from the Past:Nigeria once led the global palm oil market in the 1960s, but nations like Indonesia, Malaysia, and Thailand took over. Now, Indonesia alone earned $23 billion from palm oil exports in 2024!Backed by the Government:The Federal Ministry of Agriculture is in full support. Abdullahi G. Abubakar, Director at the Ministry, praised the strategy, calling it a “testament to collaborative excellence.”Big Profits Already Rolling In: • Presco Plc grew after-tax profit by 4088.7% • Okomu Oil saw 1188.3% profit growth in 2024Hot Fact: Edo State is the current leader in palm oil production thanks to its fertile land!In Summary:Nigeria’s palm oil sector is heating up fast! With massive replanting plans, multi-million dollar investments, and global market focus, the country is on a mission to revive its crown as a palm oil powerhouse!Stay tuned—Nigeria’s green gold rush is here!???]]> Wed, 16 Apr 2025 08:24:19 EST https://www.investingport.com/nigerias-oil-palm-revolution-15-million-hectares-to-be-replanted/ https://www.investingport.com/nigerias-oil-palm-revolution-15-million-hectares-to-be-replanted/ Boeing Shares Slide as China Halts Jet Deliveries Amid Escalating Trade WarBoeing (BA) shares dropped on Tuesday after a Bloomberg report claimed that China has suspended all Boeing jet deliveries to its domestic airlines, marking a new escalation in the ongoing US-China trade war.The aerospace giant, which is a key component of the Dow Jones Industrial Average, saw its stock fall 1% by midday, following news that Chinese authorities had instructed airlines to halt any further Boeing purchases. This comes amid rising tensions between the world’s two largest economies over tariffs and trade policies.Neither Boeing, Chinese regulators, nor the White House immediately responded to requests for comment. However, former President Donald Trump commented on social media, saying China has “reneged on the big Boeing deal” and is refusing delivery of previously committed aircraft.The reported halt comes on top of existing headwinds for Boeing. The company has already faced years of declining sales in China, and now must contend with steep Chinese tariffs of up to 125% on American imports. These tariffs significantly increase the cost of Boeing jets—typically priced in the tens of millions—making them financially unfeasible for Chinese buyers even before the delivery suspension.This move is a serious setback not only for Boeing—America’s largest exporter—but also for the US economy, given Boeing’s substantial contribution to trade, jobs, and manufacturing. The company supports 1.6 million jobs and contributes an estimated $79 billion to the US economy annually.While other multinational firms often distribute production globally, Boeing builds all its planes in the United States, then exports about two-thirds of them. This makes the company especially vulnerable to global trade disputes.Boeing has already been on a rocky path financially, having accumulated $51 billion in operating losses since 2018, the last year it posted a profit. The stakes are even higher given China’s strategic importance—the country is projected to need 8,830 new planes over the next 20 years, according to Boeing’s own forecasts.As the trade war deepens—with the US imposing tariffs as high as 145% on many Chinese goods and China retaliating—Boeing’s future in one of its largest markets is now in question. Wed, 16 Apr 2025 04:57:02 EST https://www.investingport.com/boeing-shares-slide-as-china-halts-jet-deliveries-amid-escalating-trade-war/ https://www.investingport.com/boeing-shares-slide-as-china-halts-jet-deliveries-amid-escalating-trade-war/ US Stocks Slip as Investors React to Corporate Earnings and Tariff ConcernsUS stocks closed lower on Tuesday as investors closely followed first-quarter corporate earnings and new developments in global trade tensions.The Dow Jones Industrial Average dropped 0.4% to 40,369, the S&P 500 declined 0.2% to 5,396.6, and the Nasdaq Composite slipped slightly to 16,823.2. Among S&P sectors, consumer discretionary led the losses, while technology stocks outperformed.Corporate Earnings Highlights:Bank of America (BAC) was one of the top gainers on the S&P 500, rising 3.6% after reporting stronger-than-expected Q1 results and stating it does not foresee a US recession this year.Citigroup (C) also beat earnings expectations, driven by double-digit revenue growth in its equities trading division.Albertsons (ACI) delivered better-than-expected Q4 results but issued a weak full-year earnings outlook, sending shares down 7.6%.Boeing (BA) was the worst performer on the Dow, falling 2.4% amid ongoing company-specific challenges.Economic & Geopolitical Developments:Treasury yields were mixed: the 10-year yield dipped to 4.33%, while the 2-year rose slightly to 3.85%.President Donald Trump commented that “the ball is in China’s court” regarding trade negotiations. Meanwhile, JPMorgan CEO Jamie Dimon urged both nations to reengage quickly.According to the Wall Street Journal, Trump is reviewing at least 15 potential trade agreements with other countries.Commodities & Economic Indicators:WTI crude oil held steady at $61.53 per barrel. The International Energy Agency (IEA) and OPEC both revised global oil demand projections downward for 2025 and 2026 due to trade-related economic concerns.The New York Fed reported that manufacturing activity improved more than expected this month, though the outlook turned negative for the first time since 2022.Gold rose 0.7% to $3,248.50/oz, and silver climbed 0.5% to $32.32/oz.Market Breadth & Volume:On the NYSE, advancing stocks outnumbered decliners 1.29 to 1, with 49 new highs and 67 new lows.On the Nasdaq, 2,399 stocks rose, while 2,003 declined, with a 1.2 to 1 advance-decline ratio. The index recorded 27 new 52-week highs and 95 new lows.The S&P 500 remains down 12.2% from its February 19 record close, and is 8% lower year-to-date.Total trading volume across U.S. exchanges reached 15 billion shares, below the 20-day average of 19 billion.]]> Wed, 16 Apr 2025 04:02:46 EST https://www.investingport.com/us-stocks-slip-as-investors-react-to-corporate-earnings-and-tariff-concerns/ https://www.investingport.com/us-stocks-slip-as-investors-react-to-corporate-earnings-and-tariff-concerns/