Real Time Financial News Website
The frenzied activity involving so-called meme stocks is being driven by more than just retail investors, the CEO of market maker Virtu Financial told CNBC on Wednesday. “There’s a lot…
Stocks are nearing the end of a bull run and the next major market meltdown may not be far away, said a top investment strategist who predicted the 1997 Asian…
Oakmark Funds portfolio manager Tony Coniaris told CNBC on Wednesday that Fiserv has become one of his new favorite stocks and said it has room to grow. Oakmark, led by…
The Central Bank of Nigeria (CBN) will hold a Treasury Bills (T-Bills) Primary Market Auction (PMA) on the 9 th of June 2021. At the PMA, Existing T-Bills worth NGN4.74bn,…
Deutsche Bank: Global economic crisis imminent amid rising inflation The World Bank has raised Nigeria’s 2021 growth forecast by 0.7 per cent to 1.8 per cent from the 1.1 per…
Salesforce CEO Marc Benioff said Monday that he’s bullish on space, noting that he’s an investor in Elon Musk’s SpaceX along with start-ups Astra, Swarm Technologies and Planet Labs. But…
Asian hedge funds may not be as bullish on bitcoin compared to their peers in the U.S., according to a Goldman Sachs report issued over the weekend. Less than a…
The so-called clean-tech universe is attracting more dollars as investors bet on the energy transition, and Cowen put together a list of top picks to play the theme. The firm…
Interactive Brokers founder and Chairman Thomas Peterffy on Monday issued a warning to investors betting against so-called meme stocks like AMC Entertainment. “It is extremely tempting to short these stocks,…
Investors are preparing for what could be another roller coaster in Stitch Fix shares when the online styling service reports fiscal third-quarter results after the bell on Monday. The company’s…
At a time when high-yield investment assets are scarce, the non-conventional property sector is taking centre stage in the market, offering uncommon opportunities, while investors look for returns in more…
Money market funds and equities saw almost similar inflows, BofA’s latest fund flow statistics showed on Friday, in a puzzling investment trend amid rising concerns over a dialling back of…
Nigerian banks and their foreign counterparts invested between $9 billion and $10 billion in the Dangote Refinery, Fertilizer Plant and Petrochemical Company projects worth $17 billion, the Central Bank of…
Investors have bemoaned the harsh business climate in Nigeria occasioned by security challenges noting that insecurity is increasingly affecting investors’ appetite in the country. They also lamented inconsistencies in government…
Bitcoin slid after a cryptic tweet from Elon Musk apparently hinting at a potential split with the largest cryptocurrency, the latest post from the billionaire to buffet the token’s price.…
A total of N99.94bn was pulled out by foreign investors from the Nigerian stock market in the first four months of this year as foreign involvement plunged to a four-year…
As the world adapts to the rapidly changing dynamics in the energy industry in an effort to mitigate the impacts of climate change, the Organisation of the Petroleum Exporting Countries…
The U.K. markets regulator says significant numbers of crypto firms are withdrawing applications to register with the watchdog after struggling to meet its anti-money laundering standards. “A significantly high number…
The meme-stock frenzy is as crazy as ever, and Bank of America is flagging the new stocks getting attention from Reddit traders. Meme stocks — names favored by retail traders…
The finance minister of Norway appeared to break away from the chorus of Bitcoin critics and suggested that cryptocurrencies will at some point move past the volatility for which they’re…
Bitcoin and other cryptocurrencies are unlikely to escape regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s central bank. Though…
The Canadian dollar edged lower against its U.S. counterpart on Monday, but was on track to notch its fourth straight monthly gain as oil prices rose and data showed Canada…
Investments on the Nigerian stock market declined by N1.022 trillion in the first five months of the year. Capital market analysts attributed the decline or volatility seen in the market…
Analysts from Bank of America have picked stocks set to get a boost as economies in the U.S. and Europe recover from the coronavirus pandemic. “We highlight stock opportunities in…
Meme stocks are grabbing the spotlight once again, and Bank of America said to watch out for a handful of new names seeing a pickup in chatter. So-called Reddit stocks…
Deutsche Bank is bullish on copper based on increasing supply risks, resurgent demand from China and other macro factors it said would continue to support demand for the red metal.…
Consumer retail, apparel and food and beverage companies are well positioned ahead of the holiday weekend, according to Bank of America, as the U.S. continues to recover from the Covid-19…
The world appears to be firmly divided into two camps: those who are bullish on cryptocurrencies and those who aren’t. The volatility associated with most cryptocurrencies, especially bitcoin, is one…
The Canadian dollar strengthened against its U.S. counterpart on Thursday, moving closer to a recent 6-year high, as oil prices rose and investors awaited U.S. inflation data on Friday that…
Cathie Wood is going against the grain yet again — this time on inflation. The founder and CEO of Ark Investment Management said Thursday that she is not worried about…