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University of Ilorin (UNILORIN) staff and students have been thrown into mourning following the d3ath of some bus passengers in front of the school’s gate in Ilorin, Kwara State.

According to multiple reports, the incident happened on Thursday afternoon when a bus somersaulted allegedly due to over-speeding. In a viral clip, eyewitnesses can be seen trying to rescue survivors from the crash scene as they mourn those who passed away.

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Prologis (PLD) shares gained Wednesday as the world’s largest industrial real estate company posted better-than-expected earnings for the second quarter and raised its outlook because of improving demand.

The real estate investment trust (REIT) reported second-quarter earnings per share (EPS) of 92 cents, with core funds from operations (FFO) at $1.34 per share, beating estimates. Revenue fell 18.1% to $2.01 billion, just short of forecasts.

Prologis Chief Financial Officer Timothy Arndt said that Prologis is “capitalizing on a wide range of growth opportunities, including our data-center and energy businesses."

Co-founder and Chief Executive Officer Hamid Moghadam said that even though customer demand remained subdued, “it is improving, and we expect that trend to continue as the construction pipeline shrinks.”

The company now anticipates full-year net EPS of $3.25 to $3.45, compared with its previous outlook of $3.15 to $3.35. Prologis expects core FFO per share in a range of $5.39 to $5.47, versus the earlier $5.37 to $5.47 forecast.

Despite Wednesday’s advance of 1.4% to $123.21 Wednesday, shares of Prologis remain in negative territory for 2024.

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Actress Merit Gold has revealed that assisting your family secretly without your husband’s consent is also ch£ating.

She said assisting your family secretly without your husband consent is also ch£ating in marriage if your husband paid your bride price in full.

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Customers at some Starbucks (SBUX) locations can soon get more than just a caffeine “charge.” They’ll be able to get one for their electric vehicle, too.

The world’s biggest coffee chain is working with Mercedes-Benz to offer EV charging stations at 100 Starbucks locations in the U.S. The first phase will have the German carmaker placing its 400-kilowatt devices in Starbucks stores along Interstate 5 on the West Coast.

Starbucks said it has “nearby access” to charging stations at more than 1,000 locations.

Mercedes-Benz last year said it would join Tesla’s (TSLA) North American Charging System network.

Shares of Starbucks fell 0.5% in Wednesday trading. They're down more than 20% in 2024.

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A lady has revealed her bestie’s reason for returning to her ch£ating boyfriend.

She said the guy had cheated on her and the other woman att@cked and publicly disgr@ced her. She wouldn’t go out because of the h#miliation, she wouldn’t eat for days, it affected her so much that she carried three courses at the university , something that had never happened to her before.

At first the guy didn’t call for a week or so, later he wouldn’t stop calling to apologize. Anytime this guy calls, she’d give the phone to her to help her c¥rse him and she was all to happy to.

Around two weeks later, she started glowing again and the guy had stopped calling so much. She went to town one day and she saw her friend come out of the guy’s car, both of them laughing and doing couples rubbish in public, she had to confront her friend later and her response was the guy sabi f¥ck.

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Rising expectations that the Federal Reserve will cut interest rates in September have powered small-cap stocks higher over the past week.

The reason: Lower rates are seen as beneficial to smaller companies, which generally have higher levels of debt than bigger ones and can be more susceptible to economic stress. Traders now appear certain the Fed will start cutting rates at its September meeting, an environment that has encouraged investors to pour money—at historic rates—into the stocks of companies with market values generally less than $2 billion.

The Russell 2000 Index (RUT), which slipped Wednesday after five days of gains, is up about 9% over the past five sessions, before which they were near-flat for the year. By comparison, the S&P 500 Index, has slid during those same five sessions, though it's up some 17% for the year.

The question now is how long the small-cap rally can continue in a stock market dominated for more than a year by several large, high-profile technology stocks.

The small-cap surge has yielded historic results. Since 1990, the Russell 2000 Index gained more than 10% in a five-day stretch just 32 times. On average, the index posts a five-day gain of 0.2%. The index gained more than 1% in each of its five most recent gains, only the fifth time that has happened.

History shows small caps can outperform large caps for extended periods. From 1979 through 1983, for example—a period that included double-digit interest rates, double-digit inflation and two recessions—the Russell 2000's returns surpassed those of the S&P 500 by 80%. From 1990 through 1994, the small-cap index outperformed by 50%, and in a 15-year stretch from 1999 through 2014, the Russell 2000 more than doubled the S&P 500's return.

The week-long rally may or may not presage economic turbulence, even as U.S. economic growth has shown signs of cooling. Still, some analysts suspect that investors have splurged too much on small-caps even if there isn't economic turbulence ahead.

According to Bespoke Investments, the Russell 2000 Index as of Tuesday's close represented the most "overbought" condition of any leading U.S. index, perhaps presaging selling that erases gains. However, analysts with DataTrek in a Wednesday note small caps have benefited from the most notable shift in investors' sentiment in three decades.

"The fact that the Russell 2000's recent rally is both statistically and historically unusual tells us investor sentiment has shifted dramatically," DataTrek said in its note, "and the move very likely has further to run."

Small caps could beat the S&P 500 in the third quarter, DataTrek analysts wrote, calling them "the flavor of the moment."

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