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Instablog9ja
39 m
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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 “
Investopedia
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Advanced Micro Devices (AMD) will hold its "Advancing AI" event this week, with analysts expecting new product announcements that could drive the stock higher and lift sales.
AMD shares are more than 15% above where they started the year, though off the record levels set in March. Thirteen analysts tracked by Visible Alpha have a "buy" or equivalent rating on AMD stock, while three have a "hold" rating.
AMD stock has an average target price of $190.56, meaning analysts broadly expect AMD shares will rise a further 11%. AMD closed Monday at just under $171 after changing only slightly tostart the week.
The company's shares rose nearly 20% in the days following a similar event last December.
Analysts have said they expect AMD to announce new products at the Thursday event, which could pave the way for it to gain market share in the artificial intelligence (AI) accelerator space as it faces off against Nvidia (NVDA), the industry leader.
Analysts said the "AI ecosystems partners, customers and developers" that AMD mentioned in the event's announcement could include new customers—evidence of AMD's growing market share.
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Instablog9ja
2 hrs
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Hours after his reported arrest, Nigerians has unearthed a video of Speed Darlington questioning Burna Boy about his connection with Diddy.
He said Burna Boy and Falz went to America to meet with Diddy after he was warned to avoid Diddy. He observed that Burna Boy won Grammy award that year or a year after. He is asking Burna Boy how many round of s+x round did he had with Diddy?
Instablog9ja
3 hrs
10
Moneyed socialite Bobrisky has revealed that she is not granting any interviews, but if you can pay me N5M, he’ll give you one hour of his time.
He added that people cannot be using him to gather views and money without paying for his time.
Wall Street's Outlook For S&P 500 Earnings Is Cooling More Than Usual
Several Big Banks Will Ushe...
Investopedia
3 hrs
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Several big banks will usher in the third-quarter earnings season this week, with Wall Street analysts less optimistic about S&P 500 earnings than they were this summer.
The Q3 bottom-up earnings per share estimate for the benchmark index—an aggregation of the median estimate for all of the companies in the S&P 500—fell 3.9% between June 30 and Sept. 30, according to FactSet Senior Earnings Analyst John Butters, dropping to $60.72 from $63.20.
It’s typical for analysts to scale back their estimates during a quarter, Butters wrote Friday. But the average decline for quarters tracked over the past five, 10 and 15 years was no larger than 3.4%. (Over the past 20 years, according to Butters, the average was 4.1%.)
Only one sector saw its bottoms-up estimate rise during the quarter, according to Butters: Information technology, which crept up 0.3%.
That likely means investors will be paying extra close attention to whether big tech companies can continue to sustain stock markets as they have in recent years.
Financial-sector companies are expected to turn in a 0.4% year-over-year drop in Q3 earnings this year, according to a Monday note from DataTrek citing FactSet data. But that’s largely because of banks, which make up roughly a third of the sector by weight. The other segments—capital markets, insurance, financial services and consumer finance—are all seen growing.
“We see large-cap financials as a diversified call on continued US economic growth and continue to like the group,” DataTrek wrote. “Just remember that bank earnings, which are always early in a reporting season, only tell a small part of the story about this sector.”
JPMorgan Chase (JPM) and Wells Fargo (WFC) kick off the reporting season for financial institutions on Friday.
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Instablog9ja
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former Minister of Communications and Digital Economy, Prof. Isa Ali-Pantami, has called for the review of immunity clauses for political office holders in the country.
DAILY NIGERIAN reports that at present, Nigerian President and his Vice, Governors and their Deputies enjoy immunity under Section 308 of the 1999 Constitution.
But speaking during an annual state lecture organised by The Muslims Congress,TMC, on Sunday, Mr Pantami said Islam doesn’t support immunity for leaders.
He noted that abolishing the Act will foster transparency and accountability in governance. Mr Pantami added that immunity has proven to be problematic for many leaders after leaving office.
“In Islam, there is no immunity. And the immunity may give you a certain privilege while in office.When you are no more there, there is no any advantage. Sometimes, it’s good for you, but sometimes it allows you to accumulate so many problems. And when you leave office, you will discover after four or eight years someone is being confronted with 10 to 50-count charges, in some situations even 120. So it’s not in any way preventing you from justice, but it’s only delaying and allowing you to commit more and more.
Making reference to prominent Islamic leaders, Mr Pantami said: “Under Islamic rule of law, there is no immunity. Each and every citizen, the leader and the led can be questioned, can be dragged to court, and they must go there and defend themselves. “It happened with Ali ibn Abi Talib, even as the Khalifa of Muslimun, he was dragged to court. Umar ibn Khatab was also dragged to court. So, rule of law is key. And when it comes to rule of law, there must be equality before that law.”
