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Dow, S&P 500, Nasdaq Jump: US Stocks Rally as US–Iran Deal Eases Oil and Supply Chain Pressures

US stock markets surged on Monday after investors welcomed a breakthrough US–Iran agreement aimed at ending hostilities and reopening the Strait of Hormuz, a key global shipping corridor. The Nasdaq...
Money

How Fox’s Roku Acquisition Could Reshape the Future of Streaming Technology

DEAL AT A GLANCE   Deal Metric Details Deal Value $22 billion enterprise value Price Per Share $160.00 (cash + FOX Class A stock) Cash Component $96.00...
Money

SpaceX Goes Public: $2 Trillion Debut Makes History — And Rewrites the Rules for Africa’s Digital Future

FAST FACTS: SPCX DEBUT Metric Value IPO Price $135 per share Opening Trade $150 per share (+11%) Intraday High $176.52 Current Trading ~$171 Valuation at Open $2 trillion+ Capital Raised $75 billion...
Money

SASSA JULY 2026 GRANT PAYMENT DATES: Full Schedule Confirmed Older Persons, Disability, Children’s Grants and SRD

PRETORIA, 12 June 2026-The South African Social Security Agency (SASSA) has confirmed the official payment dates for all...
Money

Durban’s Agribulk Terminal Ships First Maize Vessel in 18 Months — and a Record Harvest Promises More

After an 18-month silence, South Africa's Maydon Wharf Agribulk Terminal in Durban has loaded its first export maize...

Understanding the SSI payment schedule for 2024

Key takeaway SSI payments for January 2025 will be issued on Tuesday, December 31, 2024, as January 1 is a...

Syrian currency shows unusual stability against the dollar amid leadership transition

The Syrian pound, which has faced significant depreciation in recent years due to economic instability and sanctions, displayed unexpected...

China’s central bank pledges to stabilize the Yuan amid global pressures

In a bid to counteract mounting pressures on its national currency, the People’s Bank of China (PBOC) has reaffirmed...

Eskom warns prepaid customers: Settle accounts or face fines and criminal charges

Eskom, South Africa's state-owned electricity supplier, has issued a strong reminder to prepaid customers to settle their outstanding accounts...

Stanley recalls 2.6 million mugs over safety concerns

Stanley, a trusted name in drinkware and outdoor gear, has announced a voluntary recall of 2.6 million of its...

Why Astro Bot Won The Game Awards’ Game of the Year for 2024

In a year brimming with groundbreaking titles, Astro Bot emerged as the surprise winner of The Game Awards' prestigious...

Micron Technology (MU): A deep dive into Its market potential and strategic outlook

Micron Technology (NASDAQ: MU) is a leading player in the semiconductor industry, specializing in memory and storage solutions such...

Macy’s to close 65 stores by end of January: A closer look at the...

Macy’s Inc., one of America’s most iconic retail brands, has announced the closure of 65 stores by the end...

JPMorgan downgrades AEP Stock amid Concerns over future performance

JPMorgan has downgraded the stock of American Electric Power (AEP), citing concerns over the company's future financial performance amid...

Australia threatens taxation on Meta and Google over Unpaid news content

The Australian government has announced plans to tax tech giants Meta and Google if they refuse to fairly compensate...

Neo Ivy Capital Management acquires 46,224 shares of FirstEnergy Corp.: Implications and market context

Neo Ivy Capital Management has bolstered its investment portfolio by acquiring 46,224 shares of FirstEnergy Corp., a leading utility...

Biggest stock gainers and losers on Thursday

On Thursday, December 12, 2024, the stock market saw a dynamic shift, with several companies experiencing notable movements. The...
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