#invest

Nvidia (NVDA) is set to release its second-quarter earnings after the market closes on Wednesday, August 28. This report is expected to be a major market mover, and there are three critical factors to keep an eye on: ENTERPRISE BUSINESS GROWTH: Watch how Nvidia’s enterprise segment is...

Walmart is significantly expanding its marketplace seller services to enhance its competitive edge and prepare for the upcoming holiday season. The retail giant announced that it will now offer a suite of logistical and financial services aimed at helping third-party sellers optimize their...

STRATEGIC COLLABORATION: Oreo, under Mondelēz International, and Coca-Cola have joined forces to release two limited-edition products: the Oreo Coca-Cola Sandwich Cookie and the Coca-Cola Oreo Zero Sugar beverage. This collaboration combines the signature elements of each brand to create...

Ulta Beauty (NASDAQ: ULTA) experienced a significant boost in its stock price on Thursday, rising by 12% following news that Warren Buffett's Berkshire Hathaway has acquired a notable stake in the company. According to The Wall Street Journal, Berkshire Hathaway purchased 690,106 shares...

Overview: Walmart Inc. (WMT) shares surged over 7% on Thursday following the release of its second-quarter fiscal 2025 earnings report, which exceeded Wall Street's expectations and led the company to raise its full-year financial outlook. Despite a decline in net income, the retail giant’s...

Market Rebound: Stock futures rose on Thursday following a positive trading day on Wednesday for the major indexes, driven by encouraging U.S. inflation data. The Dow Jones gained 0.61%, the S&P 500 increased by 0.38%, and the Nasdaq Composite edged up by 0.03%. Inflation slowed to 2.9% in July...

Overview: Cisco Systems Inc. has reported earnings that surpassed analysts’ expectations, despite a challenging environment marked by declining revenue and significant workforce reductions. The networking giant is navigating a period of transformation as it seeks to diversify its business and...

Event Overview At its annual hardware event in Mountain View, California, Google revealed a new lineup of Pixel smartphones that prominently feature advanced artificial intelligence (AI) capabilities. The event, held earlier than in previous years, underscored Google's push to embed AI deeper...

On August 12, 2024, Eli Lilly & Co. completed a $5 billion bond issuance to finance its $3.2 billion acquisition of Morphic Holding Inc., a company specializing in treatments for inflammatory bowel disease and other chronic conditions. This strategic move aims to bolster Lilly’s portfolio with...

Nvidia (NVDA) shares experienced a notable rebound in early Wednesday trading, buoyed by strong Q2 earnings from AMD and an optimistic research note from Morgan Stanley. Nvidia, which saw a significant market value loss of nearly $500 million this month—its worst performance in almost two...

Palantir Technologies Inc. (NYSE) today announced financial results for the second quarter ended June 30, 2024. Q2 2024 Highlights Revenue Growth: Revenue grew 27% year-over-year and 7% quarter-over-quarter to $678 million. US Commercial Segment: US commercial revenue increased by 55%...

Meta’s Strong Q2 Performance Meta Platforms Inc. reported better-than-expected sales for the second quarter, achieving $39.1 billion compared to analysts’ estimates of $38.3 billion. This success, driven by effective AI-driven ad targeting, led to a 5% increase in Meta's shares during late...

Key Takeaways: Apple's highly anticipated AI features will not be included in the initial launch of its upcoming iPhone and iPad software updates. Apple plans to release Apple Intelligence in October as part of software updates, a few weeks after the September launch of iOS 18 and iPadOS 18...

FBN HOLDINGS REVENUE SURGES BY 181% - FBN Holdings' gross earnings increased by 181.4% to N730.3 billion in the first quarter of 2024, compared to N259.5 billion in the same period last year. - The growth in revenue was driven by a 153.3% rise in interest income, reaching N455 billion in Q1...

NGX TRADING SUMMARY FOR MONDAY, MAY 27, 2024 At the end of the first weekday of trading on the Nigerian Stock Exchange (NGX), a total of 366,979,725 shares in 8,031 deals, corresponding to a market value of NGN 5,939,982,423.32, were traded. Compared with the previous NGX trading day (Friday...

HAPPY CHILDREN'S DAY/DIVIDEND CELEBRATION INVESTING IN OUR FUTURE: TEACHING FINANCIAL LITERACY TO OUR YOUNG INVESTORS As we celebrate Children's Day, let's take a moment to appreciate the bright minds and curious souls who will shape our world tomorrow. Whether they are already here or on...

LONG-TERM INVESTMENT STRATEGIES AND MARKET DYNAMICS 1. The Power of Compounding: - Compounding is the process where an asset's earnings are reinvested to generate additional earnings over time. - Strategy: Start investing early and reinvest dividends for growth over time. - Example: Investing...