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Shares of The Trade Desk close down 26% after company reports earnings and upcoming stock split
BusinessTechnology

Shares of The Trade Desk close down 26% after company reports earnings and upcoming stock split

Shares of ad tech company The Trade Desk closed down nearly 26% on Monday after the company reported first-quarter earnings and a 10-for-1 stock…

byEkeminiMay 11, 2021
NTSB releases preliminary report on fatal Tesla crash in Spring, Texas
BusinessTechnology

NTSB releases preliminary report on fatal Tesla crash in Spring, Texas

The National Transportation Safety Board, a federal agency that investigates accidents, has released records from a preliminary probe of a fatal Tesla…

byEkeminiMay 11, 2021May 11, 2021
Goldman says these are the biggest threats to the dominant 5 tech stocks
BusinessInvestingWorld

Goldman says these are the biggest threats to the dominant 5 tech stocks

The so-called FAAMG stocks — Facebook, Apple, Amazon, Microsoft, and Google-parent Alphabet — have evolved into dominant juggernauts in the market, but Goldman Sachs is warning…

byEkeminiMay 11, 2021
These cybersecurity stocks could benefit from the Colonial pipeline attack, says Goldman
BusinessInvestingWorld

These cybersecurity stocks could benefit from the Colonial pipeline attack, says Goldman

The cyberattack that knocked a key U.S. gas pipeline offline should be another positive for the stocks in growing cybersecurity industry, Goldman…

byEkeminiMay 11, 2021
More than 40 attorneys general ask Facebook to abandon plans to build Instagram for kids
BusinessTechnology

More than 40 attorneys general ask Facebook to abandon plans to build Instagram for kids

Attorneys general from 44 states and territories urged Facebook to abandon its plans to create an Instagram service for kids under the…

byEkeminiMay 11, 2021
Cloudflare seeing uptick in cyber incidents as hackers try ‘unleashing everything,’ CEO says
BusinessTechnologyWorld

Cloudflare seeing uptick in cyber incidents as hackers try ‘unleashing everything,’ CEO says

Cybersecurity provider Cloudflare has observed a significant rise in threats toward its customers in recent months, CEO Matthew Prince told CNBC on…

byEkeminiMay 11, 2021
Roblox revenue grows 140% in first earnings report since company went public
BusinessTechnology

Roblox revenue grows 140% in first earnings report since company went public

Roblox shares rose as much as 5% in after-hours trading, following the release of the company’s first earnings report since it went…

byEkeminiMay 11, 2021
Bitcoin’s biggest rival just hit a record high — here’s how to mine for ethereum
BusinessTechnologyWorld

Bitcoin’s biggest rival just hit a record high — here’s how to mine for ethereum

Bitcoin’s biggest rival, ether, blew past $4,000 on Monday to hit a new record high. The cryptocurrency is up more than 400%…

byEkeminiMay 11, 2021
Tom Lee is worried about ‘FANG’ and tech, favors these three sectors now amid the reopening
BusinessInvestingWorld

Tom Lee is worried about ‘FANG’ and tech, favors these three sectors now amid the reopening

Fundstrat’s Tom Lee tweaked his group of reopening “epicenter” sectors and is sounding the alarm about weakness in major tech…

byEkeminiMay 11, 2021May 11, 2021
SolarEdge’s slide offers a buying opportunity, Bank of America says in upgrade
BusinessInvestingWorld

SolarEdge’s slide offers a buying opportunity, Bank of America says in upgrade

Bank of America upgraded shares of SolarEdge Technologies to a buy rating on Monday, saying the stock’s post-earnings sell-off is overdone. Shares…

byEkeminiMay 11, 2021
Ford names new F-150 electric pickup Lightning with plans to reveal it May 19
BusinessTechnologyWorld

Ford names new F-150 electric pickup Lightning with plans to reveal it May 19

Ford Motor’s upcoming all-electric F-150 pickup truck will be called Lightning, a name used by the automaker for street performance trucks…

byEkeminiMay 11, 2021May 11, 2021
FDA permits use of the Pfizer-BioNTech Covid vaccine in kids ages 12 to 15
World

FDA permits use of the Pfizer-BioNTech Covid vaccine in kids ages 12 to 15

The Food and Drug Administration on Monday approved Pfizer and BioNTech’s request to allow their Covid-19 vaccine to be given to kids ages…

byEkeminiMay 11, 2021
Investors are being driven out of the flashy stocks into ‘boring’ names as the economy grows, Jim Cramer says
BusinessWorld

Investors are being driven out of the flashy stocks into ‘boring’ names as the economy grows, Jim Cramer says

Many stocks that were up in Monday’s session will continue winning, while those that declined will likely keep melting down,…

byEkeminiMay 11, 2021
Tesla, GM and Visa among the ‘Memorial Day trade’ stocks to play, Jim Cramer says
BusinessWorld

Tesla, GM and Visa among the ‘Memorial Day trade’ stocks to play, Jim Cramer says

With a holiday and the summer months on the horizon, CNBC’s Jim Cramer on Monday revealed a list of stocks…

byEkeminiMay 11, 2021
What Is Dogecoin? And Why Is It Rising And Falling With Elon Musk?
BusinessWorld

What Is Dogecoin? And Why Is It Rising And Falling With Elon Musk?

The cryptocurrency dogecoin went on a rocket ride to the moon and back over the weekend after Elon Musk poked…

byEkeminiMay 10, 2021
Petroleum Production And The Paradox Of Plenty
BusinessLocal

Petroleum Production And The Paradox Of Plenty

Takudzwa Takunda Mutevedzi Imagine winning a million-dollar lottery but instead of rolling around in opulence and glamour for eternity, you plunge…

byEkeminiMay 10, 2021
UK Secures £276m From G7 To Assist North-East Nigeria
BusinessWorld

UK Secures £276m From G7 To Assist North-East Nigeria

ntries face. Millions of people in Yemen, South Sudan and North East Nigeria are already in crisis, the statement said.…

byEkeminiMay 10, 2021
Ecobank Partners NiDCOM To Mobilise Nigerians Abroad For National Development
BusinessLocal

Ecobank Partners NiDCOM To Mobilise Nigerians Abroad For National Development

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has stated that the bank is  privileged to work closely with the Nigerians in Diaspora Commission,…

byEkeminiMay 10, 2021
Biggest Crypto Exchange Binance Briefly Suspended Withdrawals
BusinessWorld

Biggest Crypto Exchange Binance Briefly Suspended Withdrawals

Binance Holdings Ltd., the largest cryptocurrency exchange, briefly suspended withdrawals on Monday. The company made the announcement on Twitter that…

byEkeminiMay 10, 2021
World’s Dollar Reserves Hit 25-Year Low
BusinessWorld

World’s Dollar Reserves Hit 25-Year Low

The percentage of global foreign reserves held in U.S. dollars declined to its lowest point in 25 years during the…

byEkeminiMay 10, 2021
Wall Street Unleashes Old Tricks In $2.5 Trillion Crypto Jungle
BusinessInvestingWorld

Wall Street Unleashes Old Tricks In $2.5 Trillion Crypto Jungle

The symbols for Bitcoin and Ethereum cryptocurrency sit displayed on a screen during the Crypto Investor Show in London, U.K.,…

byEkeminiMay 10, 2021
Uber Raises Fares By 13% In Lagos
BusinessLocalTechnology

Uber Raises Fares By 13% In Lagos

The economy option for Uber, popularly referred to as UberX, has been increased by 13 per cent in Lagos State.…

byEkeminiMay 10, 2021
COVID-19: FG Returns Curfew, Restriction On Mass Gatherings
Local

COVID-19: FG Returns Curfew, Restriction On Mass Gatherings

The Federal Government has re-introduced a nationwide 12am to 4am curfew as part of efforts to curtail further spread of…

byEkeminiMay 10, 2021
SEC Steps In As More Nigerians Buy Foreign Stocks
BusinessLocal

SEC Steps In As More Nigerians Buy Foreign Stocks

The Securities and Exchange Commission has said it will register and actively monitor brokers selling stocks for foreign companies in…

byEkeminiMay 10, 2021
Agency Banking … New Kid On The Block
BusinessLocal

Agency Banking … New Kid On The Block

Agency banking is one of the models being used by commercial banks to reach the unbanked across the nooks and…

byEkeminiMay 10, 2021
Dollar Back To Where It Began The Year As Rally Burns Out
BusinessWorld

Dollar Back To Where It Began The Year As Rally Burns Out

Friday’s worse-than-expected U.S. employment data saw the Bloomberg Dollar Spot Index drop decisively below its 2021 uptrend, putting it back…

byEkeminiMay 10, 2021
China’s Much-Hyped Digital Yuan Fails To Impress Early Users
BusinessWorld

China’s Much-Hyped Digital Yuan Fails To Impress Early Users

As China moves closer to rolling out the world’s first major sovereign digital currency, speculation over the global implications has…

byEkeminiMay 10, 2021
Germany Has Agreed To Return Nigeria’s Looted Treasure. Will Other Countries Follow?
BusinessLocal

Germany Has Agreed To Return Nigeria’s Looted Treasure. Will Other Countries Follow?

The bronze plaques from his birthplace looked strange at the British Museum. Enotie Ogbebor, a visiting artist, knew they were…

byEkeminiMay 10, 2021
Govt Mulls Extension Of Petrol Parity Fund To Gas Supply Nationwide
BusinessLocal

Govt Mulls Extension Of Petrol Parity Fund To Gas Supply Nationwide

The federal yesterday indicated that it is considering extending the current equalisation scheme in the petrol supply system in the…

byEkeminiMay 10, 2021
Pound Rises As Risk Of Imminent Referendum On Scotland Recedes – BLOOMBERG
BusinessWorld

Pound Rises As Risk Of Imminent Referendum On Scotland Recedes – BLOOMBERG

The pound strengthened after the Scottish National Party’s election showing pushed back the risk of a near-term vote on independence,…

byEkeminiMay 10, 2021

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