Today's stock market news from Investing port.

  • 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!

Adewale Stock

Administrator
Apr 15, 2020
1,228
79
48
32

TECHNOLOGY
OCTOBER 01, 2020
Investors predict that Nvidia’s $40 billion Arm acquisition will fail

Earlier last month, Nvidia announced its plan to purchase SoftBank’s Arm in a $40 billion acquisition deal. However, two tech investors and AI experts say there is a good chance that the deal ...

More

FEATURED
OCTOBER 01, 2020
American Airlines and United Airlines plan to furlough 32,000 workers
American United and United Airlines will both furlough more than 32,000 employees starting from Thursday. This development came after talks for another national coronavirus package failed in Was...

More

TECHNOLOGY
OCTOBER 01, 2020
Google set to pay publishers $1 billion for news over the next three years
Google on Thursday promised to pay new publishers nearly $1 billion over the next three years. This pledge was made by Google’s chief executive Sundar Pichai, in a blog post. “I have alwa...

More

FEATURED
SEPTEMBER 30, 2020
Alibaba cloud business will become ‘profitable for the first time’, says company
Alibaba chief finance officer Maggie Wu said on Wednesday that the company’s cloud computing business will hopefully become profitable in this fiscal year, for the first time.The company’s current...

More

EDITORS PICK
SEPTEMBER 30, 2020
Apple CEO receives major stock grant, first since 2011
Apple CEO Tim Cook on Tuesday received his first largest stock grant since 2011. The company will compensate him with large portions of stock till 2025, according to an SEC filing.The tech giant CEO w...

More

FEATURED
SEPTEMBER 30, 2020
Disney plans to lay off 28,000 employees as coronavirus continues to affect its theme park business
In a Tuesday memo sent to employees, Disney said it will lay off 28,000 employees across its theme parks. This is as a result of prolonged closures at Disney’s California-based them parks and limite...

More

FEATURED
SEPTEMBER 30, 2020
Carolina Small Business Development Fund helps Black-owned businesses impacted by COVID
Small-and medium-sized businesses in the United States have been some of the hardest-hit companies—especially black-owned businesses— since the wake of the coronavirus pandemic this year. Economic...

More
 

LagosPolice

Administrator
Oct 14, 2020
769
34
28
21
U.S. Rep. Nancy Pelosi, D-California, has achieved significant financial gains from her recent investment in Nvidia Corp. (NASDAQ:NVDA), a prominent company in artificial intelligence (AI) and semiconductors. On Nov. 22, Pelosi acquired 50 call options for Nvidia with a strike price of $120, expiring on Dec. 20, 2024. The transaction value ranged between $1 million and $5 million.