Weekly Giveaway for our active users.
N50,000 per Week.
Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!
ChromaDex Corp. (NASDAQ: CDXC) reported a strong third quarter for 2024 with total net sales of $25.6 million, an increase of 31% year-over-year, driven by growth in Tru Niagen® and Niagen® ingredient sales. Key highlights include record net income and adjusted EBITDA, improved gross margins...
Starbucks (NASDAQ: SBUX) released its full-year 2024 financial results, showing a mix of steady revenue but declining profitability. Here’s a detailed look at the numbers and the company’s outlook.
Key Financial Highlights:
Revenue: $36.2 billion, remaining flat compared to FY 2023, in line...
Overview Amazon com Inc. (NASDAQ: AMZN) announced impressive third-quarter earnings, surpassing analyst projections. Key factors included a broad product selection, improved delivery speeds, and enhanced Prime member benefits like discounted groceries and fuel savings. The company also...
1. Boeing Strike Extended
Union machinists at Boeing rejected a contract proposal, prolonging their six-week strike. The rejected contract included a 35% pay increase over four years. Boeing's third-quarter loss also contributed to the company’s stock dropping by 4% in premarket trading.
2...
Meta Platforms Inc. (NASDAQ: META) is witnessing notable insider selling as it continues to invest heavily in artificial intelligence (AI). On September 19, 2024, Chief Product Officer Christopher K. Cox sold 20,000 shares at $557.52 per share, amounting to approximately $11.15 million. This...
Netflix's stock skyrocketed by over 11%, closing at an all-time high of $763.89 on Friday after delivering a robust third-quarter earnings report. The company exceeded Wall Street expectations by posting $9.83 billion in revenue, slightly higher than the $9.78 billion forecast. The streaming...
This week brings a combination of pivotal earnings reports, key economic data, and remarks from Federal Reserve officials that could shape market sentiment and economic expectations. Investors will be closely watching corporate performance, monetary policy signals, and the health of key sectors...
Markets: Stock futures are steady with small gains for S&P 500 (+0.12%) and Nasdaq 100 (+0.29%), while the Dow is flat. Earnings reports from American Express and Procter & Gamble are being watched closely.
Netflix Shares Jump: Netflix's third-quarter earnings beat expectations, reporting $5.40...
Amazon (AMZN) has made a bold $500 million investment in nuclear energy, signaling a strategic push toward sustainability and reinforcing its commitment to achieving net-zero carbon emissions by 2040. This move is part of Amazon's broader Climate Pledge, aligning the tech giant with global...
Microsoft (NasdaqGS) is advancing its strategic position through significant innovations in artificial intelligence (AI), particularly in the healthcare sector, and expanding key partnerships across various industries. The tech giant is navigating a complex landscape characterized by strong...
Google has signed an agreement with Kairos Power, a nuclear startup, to construct seven small modular reactors (SMRs) aimed at generating around 500 megawatts of carbon-free electricity. This initiative comes at a time when energy demand for data centers and AI is skyrocketing, pushing tech...
IBM has officially acquired Prescinto, a Bangalore-based company specializing in asset performance management (APM) software-as-a-service (SaaS) solutions, specifically for the renewable energy sector. This strategic acquisition aims to enhance IBM’s ability to manage and optimize renewable...
Apple Inc. (NASDAQ) is gearing up to release iOS 18.1 and a groundbreaking AI feature known as Apple Intelligence, marking a pivotal shift in its strategy by moving away from the traditional annual upgrade cycle. This change comes as the company faces growing concerns over declining iPhone...
NYSE and Nasdaq Open, Bond Market Closed
Despite the federal holiday (Columbus Day), the New York Stock Exchange and Nasdaq will operate normally, while the bond market and government offices remain closed.
US Stock Futures Steady After Last Week’s Rally
Stock futures show little movement as...
Overview:
Walmart Inc. is a leading global retailer headquartered in Bentonville, Arkansas. Founded in 1962, Walmart operates a chain of hypermarkets, discount department stores, and grocery stores. The company focuses on offering a wide range of products at low prices and provides services...
Plurilock Security Inc. has partnered with CrowdStrike to bolster the security of critical infrastructure in democratic nations. This collaboration aims to leverage the AI-native CrowdStrike Falcon cybersecurity platform to protect organizations from modern cyber threats.
Key Highlights...
Revenue And Profitability:
Accolade, Inc. (NASDAQ: ACCD) reported financial results for the fiscal second quarter, which ended on August 31, 2024.
Revenue reached $106.4 million, reflecting a 10% increase compared to $96.9 million in the same quarter last year.
Net loss improved by 27%...
Manic Monday:
Stocks opened the week on a down note. The Dow Jones fell nearly 400 points (0.94%), the S&P 500 decreased by 0.96%, and the Nasdaq dropped 1.18%. U.S. crude oil prices rose over 3%, ending above $77 per barrel, and the 10-year Treasury yield surpassed 4% for the first time since...
Novo Nordisk and Viatris reached a confidential settlement in a high-stakes patent dispute related to Novo's blockbuster drugs, Ozempic and Wegovy, which are used to treat type 2 diabetes and obesity. Filed with the U.S. Patent and Trademark Office’s (USPTO) Patent Trial and Appeal Board, the...
Amazon's (AMZN) stock took a hit on October 7, 2024, closing 3% lower after Wells Fargo analyst Ken Gawrelski downgraded the company from Overweight to Equal Weight, reducing its price target from $225 to $183. Gawrelski's note highlighted several headwinds that could weigh on Amazon’s profit...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.