US Stock Market Mixed, Companies in the News; Ford, Pfizer, Nvidia
The US stock market traded mixed on Wednesday pre-market session ahead of the release data on employment rate, services and manufacturing sectors' activity, and crude oil stocks. On Tuesday's closing [...]
Wall Street opens 2022 higher as Apple Hits $3 trillion market cap
Stocks on Wall Street on Monday closed the first trading day of 2022 higher after Apple became the first company to surpass the $3 trillion market cap during the session. The [...]Tesla Reports Record 308,600 Deliveries for 2021 Q4
Tesla reported that it delivered 308,600 vehicles for the last quarter of 2021, beating last quarter deliveries of 241,300 vehicles. The record vehicle deliveries for Q4 pushed its total vehicle [...]
Global Stocks; What You Should Know on the First Trading Day of 2022
US stocks were mixed in the last trading day of 2021, but the major indexes closed out one of their best years on record. The Standard and Poor's 500, (SP [...]Tesla Recalls Over 475000 Cars Over Potential Technical Defects
Tesla is recalling 475,318 Model 3 and Model S Units released between 2012 and 2020 to address potential technical defects. The carmaker initiated two voluntary recalls, one for rear-view camera [...]Chinese Ride-hailing App Didi Reports $4.7B Net Loss for Q3 2021
Didi announced a $4.7 billion loss for Q3 2021. Revenues for the quarter ended September 30 fell to $6.7 billion, down from $7.5 billion in the previous quarter. The company [...]Wall Street Closes Higher, Samsung rumoured to acquire Biogen, SpaceX raises $337 million
Wall Street closed mostly higher on Wednesday with the Dow Jones Industrial Average index closing 0.25% higher at the end of the trading session. The Nasdaq 100 was unchanged while [...]US to Temporarily Lift Travel Ban to 8 African Countries on December 31
US President Joe Biden issued a proclamation that will lift an earlier travel ban to 8 African countries, citing that travel restrictions are no longer necessary to protect the public [...]US stocks Mixed on Tuesday
The major stock markets in the United States closed mixed on Tuesday with the Dow Jones Industrial Average closing 0.29% higher as Walt Disney Company gained 1.57%. The Nasdaq 100 [...]US Markets Surge to Record ahead of holiday
The US stock markets posted strong gains on Thursday's session ahead of a long weekend. The Dow Jones Industrial Average rose 0.55%, the Nasdaq 100 was up 0.79% while the [...]Kenya to float New Eurobond before end of 2021
Kenya has written to the International Monetary Fund(IMF) indicating its intention to float a new Eurobond before the end of this year. In a Memorandum of Economic and Financial Policies [...]
Bollore Receives USD 6.43 Billion Offer from MSC to Buy its African Assets
Bollore African Logistics, owned by French magnate Vincent Ballore, has received an offer worth US$ 6.43 Billion for his African logistics assets from Mediterranean Shipping Company(MSC), a Swiss-Italian company based [...]
