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Instablog9ja
17 m
9
Influencer Daniel Regha, has weighed in on Burna Boy ordering Speed Darlington’s arrest.
He said while it’s wrong to ab¥se power by whisking someone away unlawfully, there’s nothing wrong if legal actions are also taken.
He added that Speed Darlington has been coming for Burna unprovoked, & even went as far as allegeding that Burna has been oil£d-up by Diddy. After such accusation the internet ran wild, people were trying to c@ncel Burna and undermine all his accomplishments based on a conspiracy theory. That right there is def@mation of one’s character which is a crime.
Investopedia
17 m
9
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Nvidia's (NVDA) market capitalization overtook Microsoft's (MSFT) on Monday, making it the second-largest company in the world behind Apple (AAPL).
Nvidia shares climbed just over 2% Monday, lifting the chipmaker's market cap to $3.13 trillion, ahead of Microsoft's $3.04 trillion. Super Micro Computer (SMCI), a partner of Nvidia, reported strong shipments of its GPUs driven by artificial intelligence (AI) demand, helping send shares of both companies higher.
Nvidia and Microsoft have been jockeying with Apple for the top spot by market cap in recent months. In June, Nvidia briefly took the crown when it surpassed Microsoft, but Microsoft later reclaimed the title, and Apple has since pulled ahead.
Nvidia's stock price has more than doubled in value since the start of the year, as demand for its AI chips surged. Analysts suggested Nvidia shares could still climb higher, given the strength of AI spending trends and seasonal tailwinds.
Semiconductor companies typically perform better in the fourth quarter than they do in the third quarter, with Nvidia “still set to lead," Melius Research analysts said Monday, adding "the setup here is still pretty darn good."
Melius holds a price target of $165 for Nvidia, a 29% premium on Monday's closing price of $127.72. That compares to an average price target of $152.52, according to Visible Alpha.
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Investopedia
1 h
13
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Air Products and Chemicals (APD) shares soared on Monday following reports that activist investor Mantle Ridge has acquired a stake worth more than $1 billion in the industrial gas provider and plans to push for improvements at the company.
According to , people close to the situation said Mantle Ridge has been accumulating a position in the company since March. The firm reportedly plans to push for numerous changes at Air Products, including succession planning and capital allocation to increase shareholder wealth.
Mantle Ridge will reportedly pressure the Air Products board of directors to plan for an eventual executive leadership transition. In July, the departure of Samir Serhan from the chief operating officer (COO) role created some uncertainty surrounding the company's executive suite. At age 80, Seifi Ghasemi, Air Products CEO since 2014, is among the oldest CEOs of any company in the S&P 500.
Mantle Ridge is also expected to offer ideas on how Air Products can better manage its money. Some analysts think the company has been too focused on areas like clean fuel at the expense of its main business of industrial gases.
Air Products shares finished Monday more than 9% higher. The stock, which has been volatile in 2024, has risen around 14% year-to-date.
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Instablog9ja
2 hrs
14
Lawyer Adeyanju Deji has shaded you-know-who as he confirms Speed Darlington’s arrest
He said you can’t sing against oppr3ssors while being an oppr3ssor yourself.
Investopedia
2 hrs
14
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Small cap stocks rallied this summer as Wall Street’s favorite tech names stumbled and investors looked forward to rate cuts from the Federal Reserve. The story has changed since the rate cuts arrived.
The number of inquiries about small caps that Yusuf Abugideiri, chief investment officer at financial planning firm Yeske Buie, gets from clients has fallen since the summer. And inflows from retail investors into the Russell 2000 (as measured by inflows into single stock constituents of the index and their respective ETFs) rose after the rate cut, but have since slowed, according to Vanda Research Vice President of Data Science Lucas Mantle, falling below the record levels seen in July amid what was termed the “small cap rotation”.
Meanwhile, small caps have underperformed the S&P 500 since the day before the Fed’s announcement on Sept. 18—though only barely. The benchmark S&P has risen nearly 1%, while the Russell 2000 (RUT) has moved 0.5% lower.
Shares of smaller companies have cooled despite an environment some see as more favorable to them. Lower rates bring down borrowing costs, and smaller companies generally carry more debt than their larger counterparts.
Small caps are also considered more susceptible to economic fluctuations. The latest economic data–September’s jobs numbers came in stronger than expected, while inflation has moved closer to the Fed’s target–indicates a healthy U.S. economy, but some economists and investors are eying the possibility that a downturn could push investors toward the perceived safety of bigger companies’ shares.
“Investors typically shun small caps when risk appetite is low and the economy is uncertain,” wrote Samantha Lau, AllianceBernstein’s chief investment officer or small- and SMID-cap growth equities, in an email to Investopedia.
Lau believes that a recession-related small-cap crisis is unlikely. But BentOak Capital CEO Brandon Garrett doesn’t rule out the possibility of an economic downturn—which could end up disproportionately hurting small-cap companies.
Russell 2000 companies’ earnings estimates for the second half of 2024 have been cut by nearly 20% in recent months, Bank of America analysts wrote last week, far more than those for larger Russell 1000 (RUI) companies.
“Small caps are no longer cheap on an absolute basis, and any continued macro weakness poses risk,” the analysts wrote.
The Russell 2000 has risen roughly 9% since the start of this year, compared to a more than 20% increase for the S&P 500, which is influenced by large-cap tech stocks such as Nvidia (NVDA), Apple (AAPL) and Microsoft (MSFT).
In late September, Janus Henderson Portfolio Manager Jonathan Coleman said that small-caps may be due for a period of outperformance after years of relatively lackluster returns. But nearly half of them are unprofitable, according to BentOak's Garrett, meaning investors may have to be willing to undergo a bumpy ride.
“The primary risk associated with small cap investing is higher volatility than large caps,” said Coleman.
Meanwhile, a growing list of privately held, late-stage venture-backed U.S. companies in recent years—coupled with a shrinking roster of public companies—may mean fewer quality small-cap options to begin with, notes Zachary Evens, a manager research analyst for Morningstar.
“Some of that excitement and potential that gets investors excited is now gone from the small-cap universe,” said Evens.
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Instablog9ja
3 hrs
14
Hours after he was declared missing, a video has surfaced online showing the moment Speed Darlington was arrested at his home three days ago.
Darlington was seen in handc¥fr as he was walked out of his compound his company of some guys.
Click to watch “
