Oil prices surge to 7-year highs
Oil prices surge to 7-year highs Oil prices hit their highest levels on February 14 in more than seven years as fears of a possible Russian invasion of Ukraine rocked the market. Brent crude futures hit $95.61 a barrel (+$1.17, +1.2%), following an earlier peak of $96.16; it is the commodity’s highest level since October […]
‘Inspiring many out of poverty – CMTrading awarded “Best Financial Broker Nigeria”
‘Inspiring many out of poverty – CMTrading awarded “Best Financial Broker Nigeria” In 2022, CMTrading celebrates 10 years of excellence in the financial industry. What better way to kick off the year, than for Africa’s largest broker to be awarded “Best Financial Broker Nigeria” by Global Business Magazine. The award, one of many we’ve acquired […]
Uber bounces back, earns billions: Is the stock a good buy?
Uber bounces back, earns billions: Is the stock a good buy? Ride-hailing service, Uber, is bouncing back following its latest earnings report. Uber has been struggling throughout 2021 as Omicron jitters curbed its ride-sharing business. In the final three months of last year, however, it managed to earn billions and beat analysts’ expectations. The company’s […]
Pfizer’s profits double yet shares down 2.8%
Pfizer’s profits double yet shares down 2.8% Pharmaceutical giant Pfizer (PFE) has generated billions from its vaccine roll out yet on February 8 delivered an earnings report with mixed results Pfizer said on Tuesday it expects 2022 sales of its COVID-19 vaccine and antiviral pill to hit $54billion but failed to meet Wall Street estimates […]
Netflix and Facebook crash – will these popular stocks recover?
Netflix and Facebook crash – will these popular stocks recover? The start of 2022 has been disastrous for tech stocks as some of the biggest companies in the world suffered devastating losses. Two companies that suffered stock crashes were streaming giant Netflix and social media titan Facebook. From 2020 to 2021 these companies saw […]
Bitcoin breaches $45000: Crypto king gains for 5 straight days
Bitcoin breaches $45,000: Crypto king gains for 5 straight days Bitcoin, the king of cryptocurrencies, breached beyond $45 000 on February 8, marking its fifth consecutive rally. Bitcoin gained more than $2000 (7%) in 24hrs before facing resistance at $45,488 and shifting back down to $44,912.46 at the time of writing. The entire cryptocurrency market is experiencing […]
Market winners: Netflix, Ethereum, MANA, and more!
Market winners: Netflix, Ethereum, MANA, and more! Metaverse crashes, Netflix gets a boost, and crypto rallies… The start of February 2022 has been an interesting week for traders. Metaverse delivered a disastrous quarterly report, losing billions and plummeting its stock. This however did not stop traders from buying the dip and the stock dropped by […]
Meta Platforms drops 26%, loses $230bn: Is it worth buying the dip?
Meta Platforms drops 26%, loses $230bn: Is it worth buying the dip? Meta Platforms, Facebook parent company, suffered a disastrous week in the markets, dropping 20% in value and losing billions. The shocking crash of Meta follows the disastrous trend in the financial market which has seen a decline in the tech sector and […]
Bitcoin, Stocks rebound: How to deal with market uncertainty
Bitcoin, Stocks rebound: How to deal with market uncertainty The start of 2022 has seen incredible volatility as the tech-heavy Nasdaq narrowly avoided its worst start to a year yet. Similarly, the S&P 500 recorded its weakest January market performance since 2009. The already volatile cryptocurrency market also saw a huge decline throughout January 2022. […]
From UFC to the big screen – Dricus du Plessis to become a movie star!
From UFC to the big screen – Dricus du Plessis to become a movie star! Online trading is a lot like fighting in an arena – you must train, you have to be disciplined, and be able to bounce back when you are knocked down. For these reasons and more CMTrading, SA’s largest online broker, […]