Tag: stocks

Wonderful world of Disney boosts Wall Street

Walt Disney Co’s (DIS.N) shares jumped, to put it among the biggest boosts to the S&P 500 and Dow. The stock notched its biggest daily percentage gain since March 24 as revenue declines for Disney parks and media networks were not as bad as feared.

Moody’s to cut South Africa’s sovereign credit rating to junk – economists

Moody’s will cut South Africa’s sovereign credit rating later on Friday as a recession deepened by the impact of coronavirus frustrates economic reform efforts aimed at reducing government debt, a Reuters poll of economists found.

What you need to know about MTN Nigeria’s plans to list shares in Lagos in $6 bln flotation

MTN Nigeria announced plans to float its stock in Lagos on Thursday in a deal valued at $6 billion.

If you invested $1,000 in Apple in 2009, here’s how much you’d have now

If you invested in Apple 10 years ago, that decision would have paid off.

US-China trade talks are really about ‘a new world order,’ says asset management CEO

U.S.-China trade talks are not really about trade — "it's about a new world order," Investec's Hendrik du Toit said.

ANC manifesto; Watch what they do not what they say – Fund Manager

As we are still at the early days of the New Year, many are reviewing their portfolios and investments towards becoming wealthier. After a tough 2018 in stock markets this year seems to be more promising with some Asset Managers saying three shares are worth buying in 2019. Dr Adrian Saville, Chief Executive, Cannon Asset Managers joins CNBC Africa to unpack those buying opportunities.

South Africa’s rand steadies, stocks to open higher

JOHANNESBURG (Reuters) - South Africa's rand steadied early on Monday after selling in the previous session as rising interest rates in the United States weakened demand for emerging market currencies. At 0637 GMT,...

Apple co-founder Wozniak bought bitcoin at $700 for fun: ‘Now I’m way up’

Apple co-founder Steve Wozniak revealed he bought bitcoin when it was at at $700.