These are the top African “tech unicorns” worth billions
Excited to Trade: These are the top African “tech unicorns” worth billions you should be watching Flutterwave, Interswitch, GO1 are just a few of the top African tech startups that are valued above $1 billion. “Innovation is the ability to see change as an opportunity – not a threat” said Steve Jobs, co-founder of Apple. That sentiment by the late […]
Google (Alphabet Inc.) registers fresh records following its recent earnings beat
Google (Alphabet Inc.) registers fresh records following its recent earnings beat Google’s stock soars to new highs after publishing its Q2 financials with growth that largely exceeded Wall Street’s forecasts. On the 27th of July, Alphabet Inc., Google’s parent company, reported earnings of $27.26 per share. This represents a 169% EPS increase for the tech giant. The company’s gross revenues rose 62% to reach $61.88 […]
Gold soars to two-week highs following weaker-than-expected US GDP
Gold soars to two-week highs following weaker-than-expected US GDP While the US GDP rose to pre-pandemic levels as a result of the generous economic stimulus packages, it still fell short of analysts’ expectations, thereby spurring another gold rally. Gold prices have been trending upwards recently thanks to the dovish policy of the FOMC, which decided to keep interest rates unchanged on Wednesday, while Thursday’s […]
Upskilling during lockdown – 5 simple steps to becoming a trader
Upskilling during lockdown – 5 simple steps to becoming a trader Learning a skill during lockdown is the best way to adapt to challenging circumstances. Anyone can become a trader, today we reveal how. Despite herculean efforts to develop and roll out vaccines, the world remains in the grip of COVID19. The Delta variant is ravaging the US and […]
Big Tech Earnings Ahead – Apple, AMD, Google (Alphabet) and Microsoft scheduled to report their earnings today
Big Tech Earnings Ahead – Apple, AMD, Google (Alphabet) and Microsoft scheduled to report their earnings today Q2 earnings season is in full swing, and this week’s calendar is action-packed with the release of the financials of big tech giants as well as some of Wall Street’s biggest market movers. This week is undoubtedly the most crowded one of the earnings season and while Tesla kicked off the week on the right […]
Stock of the Week: Bitcoin soars as Amazon could accept crypto for payments
Bitcoin soars as Amazon could accept crypto for payments Bitcoin has seen a huge rally, testing the psychological $40 000 level, as Amazon could accept cryptocurrency for payments. Bitcoin has experienced its biggest rally in months as the cryptocurrency tests the psychological $40 000 level on July 26. The reason behind the surge is due to […]
Oil price slump: Market jitters as pandemic continues to surge
Oil price slump: Market jitters as pandemic continues to surge Oil prices suffered a major setback dropping below $70 per barrel as the market responded to surging COVID19 cases. Is there an upside? West Texas Intermediate crude (WTI) futures fell below the key $70 level on July 20 as OPEC and its allies agreed to increase […]
Stock of the Week: Nvidia up 38% YTD, bulls push during global chip shortage
Stock of the Week: Nvidia up 38% YTD, bulls push during global chip shortage Nvidia (NVDA), a titan in the graphics card industry, has rallied 40% year to date amid the global chip shortage and a stock-split announcement. Nvidia (NVDA), a titan in the semiconductor industry, has rallied 40% year to date amid […]
High risk, high reward: Top 10 reasons why traders lose money
High risk, high reward: Top 10 reasons why traders lose money The world of trading can be incredibly profitable or a disaster depending on the trade. We list ways you can reduce risk and overcome the loss. “It’s not whether you’re right or wrong that’s important, but how much money you make when […]
The stock of the week: Apple on fire, stock hits all-time high
The stock of the week: Apple on fire, stock hits all-time high Apple investors are smiling at the bank as the tech giant hit an all-time high of $145. Incredibly, APPL is up 17% since the start of June. Apple (AAPL) is one of the best performers in the stock market this year; the tech […]