profile/5377instablog.png.webp
Instablog9ja
BBN’s Neo Carp£ts Critics Poking Holes In His Grass-to-grace Story
~0.5 mins read

BBN’s Neo has carp£ted critics poking holes in his grass-to-grace story.

He said 5 years ago he was bolt driver in Calabar and he appreciated God for where he is now and he would have being a f¥ck up if he gave up on his dreams. But a follower felt this is not truth because of his father’s wealth and that he was never poor.

He said that is father was rich doesn’t equate him and that he never mentioned poor or rich in his statement but that a person can have a goal and accomplish it, regardless of their financial situation.

Continue reading on Instablog

profile/2681Capture.PNG.webp
Investopedia
What You Need To Know Ahead Of Marvell Technology's Earnings Report
~1.4 mins read

Marvell Technology (MRVL) is set to report second-quarter results for fiscal 2025 after the bell Thursday, with investors likely to be watching for signs the semiconductor tech company could be poised for a turnaround in sales and updates on its artificial intelligence (AI) initiatives.

Analysts project second-quarter revenue of $1.25 billion, down from $1.34 billion a year ago, according to estimates compiled by Visible Alpha. The company is expected to post a net loss of $159.45 million or 18 cents per share, narrowing from the year-ago period.

Investors are likely to be watching for signs that the company has reached the bottom of its recent decline in sales, as strength in its data center segment has struggled to offset weakness in its other areas.

Deutsche Bank analysts expect roughly flat sequential performance across Marvell's non-data center businesses, Carrier, Enterprise Networking, and Auto/Industrial, with an "uncertain pace of recovery" in the second half of the year.

Rosenblatt analysts said they believe the company has "reached a cyclical bottom," with the AI business trajectory poised to gain in the long term.

Investors will likely be watching for updates on Marvell's Data Center segment and its position in the AI landscape.

Rosenblatt analysts expect Marvell management to reiterate expectations that AI sales will exceed $1.5 billion in fiscal 2025 and $2.5 billion in fiscal 2026.

Marvell shares were down close to 4% at $69.04 in intraday trading Monday ahead of the company's earnings Thursday, though they've gained over 14% since the start of the year.

Do you have a news tip for Investopedia reporters? Please email us at [email protected]

Read more on Investopedia

profile/5377instablog.png.webp
Instablog9ja
Between A Man And A Lady Who Can’t Accept N10,000 From Her…
~0.3 mins read

An exchange has ensue between a man and a lady who can’t accept N10,000 from her s¥gar daddy.

She said nothing is funnier than a s¥gar d@ddy sending you 10,000. Sir, please just stay with your family at home.

The reply she got was that he’s probably paying UK tuition for his daughters so they don’t become someone like her.

Continue reading on Instablog

profile/5377instablog.png.webp
Instablog9ja
Just In: NFF Appoints Germany’s Bruno Labbadia As New Super Eagles Coach
~0.4 mins read

NFF has appointed Germany’s Bruno Labbadia as new Super Eagles coach.

The Nigeria Football Federation has announced that it has reached an agreement with German tactician, Bruno Labbadia, to become the Head Coach of Nigeria’s Senior Men National Team, Super Eagles.

NFF General Secretary, Dr. Mohammed Sanusi, said in the early hours of Tuesday: “The NFF Executive Committee has approved the recommendation of its Technical and Development SubCommittee to appoint Mr. Bruno Labbadia as the Head Coach of the Super Eagles. The appointment is with immediate effect.”

Continue reading on Instablog

profile/2681Capture.PNG.webp
Investopedia
General Mills Hopes Travis And Jason Kelce Can Be Its Lucky Charms
~1.2 mins read

General Mills (GIS) is bringing football’s most-famous brothers to the cereal aisle. 

The owner of Lucky Charms, Cinnamon Toast Crunch and Reese’s Puffs is teaming up with Kansas City Chiefs star Travis Kelce and former Philadelphia Eagles standout Jason Kelce to create the Kelce Mix, which combines the three breakfast cereals in one box, General Mills said Monday.

The company hopes a Kelce bump will help drive buzz amid a difficult consumer environment. General Mills in late June posted fiscal fourth-quarter sales that were down 6.3% year-on-year to $4.71 billion, below the consensus estimate of analysts surveyed by Visible Alpha, and issued a disappointing forecast. WK Kellogg (KLG) separately said earlier this month that full-year sales growth could end up negative.

In addition to their football careers, Jason and Travis Kelce have amassed a following for their “New Heights” podcast, a recent episode of which covered their favorite cereals. Both brothers were recently at a party hosted by Taylor Swift, according to reports.

General Mills, meanwhile, put the brothers through their paces at a recent “cereal training camp,” content from which will appear on television and in online advertising. with the Kelce Mix available starting next month.

Shares of General Mills were edging higher Monday afternoon. They're up about 9% so far this year. Kellogg's shares have fared better in 2024, rising some 35%.

Do you have a news tip for Investopedia reporters? Please email us at [email protected]

Read more on Investopedia

profile/8302images3.jpeg.webp
Gistlegit
Leadership Crisis: Obaseki’s Struggles To Reassure A Fractured PDP Camp Before Crucial Election
~1.6 mins read


Panic Grips Obaseki's PDP Camp Ahead of September 21 Governorship Election
 
With the September 21 state governorship election fast approaching, anxiety within the camp of incumbent Governor Godwin Obaseki is intensifying. Reports of growing panic within the Peoples Democratic Party (PDP) faction supporting Obaseki are spreading, and it has emerged that key figures in his inner circle have unsuccessfully attempted to meet with the governor to address their concerns.
 
A reliable source, who is part of the governor’s inner caucus, expressed dismay at the current situation just weeks before the election. The source, speaking on condition of anonymity due to fear of repercussions, admitted to reconsidering his support for both Obaseki and Asuen Ighodalo, the governor’s chosen successor and the PDP’s candidate.
 
Reflecting on their failed attempts to discuss the issue with Obaseki, the source stated, "I’m completely fed up with what’s going on. Not only is the party hemorrhaging support, but His Excellency (Obaseki) is not doing anything to improve the situation. We can’t even get access to him."
 
He continued, "Despite everything we’ve heard and seen, several of us have tried to meet with His Excellency to clarify things, provide reassurance, and restore some confidence as we head into this crucial election. But so far, our efforts have been completely rebuffed. I may have to reconsider my position and my support for the PDP-Obaseki camp, and I will make my decision public within the next two weeks after consulting with my supporters."
 
The source added that his supporters in Edo South have been asking questions that he cannot answer without risking his credibility. "I can’t deceive them; it would cost me my hard-earned respect and support. Let’s wait and see. By the next two weeks, I’ll make my position clear."
 
Further investigations revealed that the sentiment among the dwindling number of PDP loyalists in Obaseki’s camp is similar, with many expressing deep concern about the numerous challenges facing the party.
 
"I’m not comfortable with the situation right now. Not many are willing to speak out, but it’s very worrisome," said another party leader.
Loading...