Main Points:1. Market Impact:- The Nigerian stock market capitalization increased by N599 billion due to the listing of shares by International Breweries Plc.- Market capitalization reached N54.047 tr...
In a strategic move to strengthen its financial sector, China is merging two of its largest state-owned brokerages, Guotai Junan Securities Co. and Haitong Securities Co., to create a financial powerh...
Revenue: $35.08 billion (+94% YoY), beating analyst expectations of $33.29 billion.Earnings Per Share (EPS): $0.81 adjusted, surpassing the $0.75 estimate.Net Income: $19.31 billion, mo...
The NASDAQ is one of the main indices used in the United States. It is a fully electronic stock trading market which comprises mainly technology firms (i.e. Apple, Microsoft, Dell, Intel)....
The U.S stock index futures rallied early Wednesday morning. This was boosted by a news report from Bloomberg that said the U.S. and China were edging closer to a trade deal. ...
The VIX is an index which measures expected volatility on the S&P500 for the next 30 days. It can be traded like an asset on the Chicago Board Options Exchange. It is calculated from the trading o...
Following a fresh round of funding, British fintech start-up has been able to raise $500 million, which now brings the valuation of the company to $5.5 billion. TCV, a Silicon Valley-based venture ...
As of April 20, 2020, here is the current update of Coronavirus fatality in America.771,197 cases41,356 Deaths71,489 recovered Since the COVID-19 pandemic first broke out in the US on January 20, 2020...
The Standards & Poor’s 500 Index, commonly known as S&P 500, is a market capitalization index of the 505 large-cap companies in the US. These companies’ market capitalization makes up 80% ...
On Thursday, the Federal Reserve put new restrictions on the United State banking industry after the annual test revealed that some of the banks might be forced into an uncomfortable minimum capital l...