Reported 5 days ago
Nigerian fintech company Moniepoint Inc. has raised over $200 million in a funding round led by Development Partners International, aiming to expand its digital financial services across Africa. This Series C financing, one of the largest in African fintech this year, will help enhance services for small and medium enterprises and support Moniepoint’s growth into new markets. Founded in 2015, Moniepoint has become Nigeria's largest business banking platform with over 10 million active users.
Source: YAHOO
Reported 5 days ago
On October 21, 2025, U.S. stock markets opened mostly flat, with the Dow and S&P showing slight gains while the Nasdaq dipped. Precious metals, which had seen a rally, experienced significant declines, marking historic drops for both gold and silver. General Motors surged nearly 11% after raising its profit outlook amid ongoing tariff challenges. Investors are keenly watching earnings reports today from major firms including Netflix and Coca-Cola, against the backdrop of a continuing government shutdown.
Source: YAHOO
Reported 5 days ago
General Motors (GM) is alleviating the financial strain from tariffs by raising prices on its trucks and SUVs, according to CFO Paul Jacobson. He mentioned that tariffs are stabilizing and that GM's revenue is benefitting from strategic price hikes and strong demand. The company has adjusted its profit forecasts, now expecting tariff impacts of $3.5 billion to $4.5 billion instead of the previously estimated up to $5 billion. GM's stock has seen a significant rise amid these developments, highlighting the company's ability to adapt in a changing market.
Source: YAHOO
Reported 5 days ago
Source: INVESTORS
Reported 5 days ago
Source: BARRONS
Reported 5 days ago
President Trump's push for Coca-Cola to use American cane sugar faces supply chain obstacles, as the company struggles with limited sugar availability and production capacity for glass bottles. Chief Financial Officer John Murphy noted the phased rollout of the new soda will be constrained by these factors, despite a growing consumer preference for natural ingredients.
Source: YAHOO
Reported 5 days ago
Source: BARRONS
Reported 5 days ago
The stock market today saw the Dow Jones Industrial Average achieve a record intraday high, rising 0.6% as companies like General Motors and Coca-Cola reported strong quarterly results. In contrast, the Nasdaq Composite dipped 0.1%, with investors looking ahead to Netflix's earnings report later in the day. Concerns over U.S.-China trade tensions eased, while the government shutdown continues, influencing market sentiment ahead of a key Federal Reserve meeting.
Source: YAHOO
Reported 5 days ago
Warner Bros. Discovery has officially announced that it is for sale, marking the third time in a decade that its valuable assets have been available for purchase. The announcement follows interest from various parties, including Paramount, which aims to buy the entire company along with its popular channels and streaming services. The company's board is exploring strategic alternatives to maximize shareholder value as it continues plans for a separation into two independent entities.
Source: YAHOO
Reported 5 days ago
Financial experts assert that with patience and strategic investments, transforming $1,000 into $1 million is achievable. By tracking revenue trends, seeking companies with competitive advantages, investing at reasonable valuations, observing cash flow improvements, supporting disruptive businesses, and diversifying across sectors, investors can significantly enhance their chances of substantial returns. Early recognition of growth potential is crucial for long-term wealth accumulation.
Source: YAHOO
Reported 5 days ago
In the Q3 2025 earnings call, Northrop Grumman (NOC) highlighted disciplined execution of its strategy amidst growing global defense demand, showcasing a mid-single-digit sales growth and a 72% increase in free cash flow compared to the previous year. The company reported a solid operational performance with an increased segment operating margin of 12.3% and notable advancements on the B-21 aircraft program and missile defense initiatives. While revising full-year revenue guidance due to delayed awards, Northrop Grumman remains optimistic about future growth opportunities, particularly in aerospace and defense sectors, and expects continued investment to maintain its technological leadership.
Source: YAHOO
Reported 5 days ago
Coca-Cola has started rolling out a new soda made with real cane sugar in the United States, a move initiated after President Donald Trump's push for the change. The beverage is launching in select cities, aligning with Coca-Cola's existing products that use cane sugar. This transition comes amid controversies over high-fructose corn syrup, which health experts say is unhealthy regardless of the source of sugar, as the company continues to focus on healthier drink options.
Source: YAHOO
Reported 5 days ago
An entrepreneur recently shared on Reddit their struggles with managing expenses after scaling their digital marketing agency from three to twelve employees. While growth is often seen as a positive, they lamented that spending had become unmanageable due to issues such as excessive corporate card access and overlapping subscriptions. Other business owners advised them to hire an accountant to help control finances and streamline operations, suggesting that managing scalability requires proper financial oversight to avoid pitfalls.
Source: YAHOO
Reported 5 days ago
European chipmaker Axelera AI has announced the launch of its second product line, Europa, which will be used for AI inference tasks. The new chips are designed for advanced industrial applications, such as analyzing data from multiple sensors in factories. The first shipments, manufactured by Samsung, are expected in the first half of 2026, following a $66 million grant for developing an even more advanced chip called Titania, aimed for release in 2027.
Source: YAHOO
Reported 5 days ago
Source: BARRONS
Reported 5 days ago
Coca-Cola's shares rose over 3% following the company's better-than-expected third-quarter profits, despite slight revenue misses in a challenging market. The company reported adjusted earnings of $0.82 per share, with a 5% increase in revenue year-over-year to $12.46 billion. As part of its strategy, Coca-Cola announced plans to sell a majority stake in Africa's largest bottler, confident in meeting its 2025 targets amidst fluctuating consumer demand.
Source: YAHOO
Reported 5 days ago
Source: BARRONS
Reported 5 days ago
Zions Bancorp reported a solid performance in Q3 2025, with an 11% increase in adjusted core earnings compared to the prior quarter, improved net interest margin, and a rise in average loans and customer deposits. The company faced a $49 million provision for credit loss, attributed to an isolated incident involving two borrowers. The overall credit quality remains stable, with credit charge-offs minimal outside this event. The company's outlook for Q4 and into 2026 indicates moderate growth in loans and deposits, while continuing to invest in revenue-generating initiatives despite rising expenses.
Source: YAHOO
Reported 5 days ago
Tesla's share price has seen fluctuations in 2023 and 2024, with analysts projecting a wide range of price targets for 2025, from as low as $19.05 to as high as $500. The company's performance is influenced by its core EV business, advancements in autonomous driving, and the macroeconomic landscape. Despite challenges such as weak global sales and regulatory changes, some analysts maintain a bullish outlook on Tesla, predicting revenue growth and significant developments like the Robotaxi launch. However, institutional interest appears to be waning as Tesla's stock faces potential downside according to market projections.
Source: YAHOO
Reported 5 days ago
Source: WSJ
Reported 5 days ago
Source: INVESTORS
Reported 5 days ago
Source: WSJ
Reported 5 days ago
Source: INVESTORS
Reported 5 days ago
The benchmark diesel price has decreased by more than 4 cents per gallon for the third consecutive week, totaling a drop of 13.4 cents over this period. As of Monday, the average retail diesel price reported by the Department of Energy stands at $4.62 per gallon, marking the lowest level since mid-June. This decline follows a significant downturn in futures prices, despite some fluctuations in the ultra low sulfur diesel market, indicating ongoing concerns about a potential oil market surplus.
Source: YAHOO
Reported 5 days ago
Private equity firms Blackstone and TPG plan to acquire women's health company Hologic for more than $13 billion, offering up to $79 per share, which is a 46% premium over the previous stock price before deal rumors. The total deal value rises to $18.3 billion when including Hologic's cash and debt. Regulatory and shareholder approvals are still needed, with the acquisition expected to finalize in the first half of next year.
Source: YAHOO