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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...

US Mortgage Inventory Grows, But Affordability Concerns Persist Amid Elevated Rates

As the U.S. housing market enters 2025, there are signs of a modest increase in housing inventory, which could...

Impact of Bank of England’s Interest Rate Cut on Mortgage Rates

The Bank of England's decision to cut interest rates is expected to have significant implications for mortgage holders and...

Bank of England Set to Cut Interest Rates Amid Economic Uncertainty

In a move widely anticipated by economists and financial markets, the Bank of England is poised to cut interest...

USPS Reverses Course: Package Deliveries from China and Hong Kong to Continue

In a surprising turn of events, the United States Postal Service (USPS) announced on February 5, 2025, that it...

Robin Washington to Lead Salesforce’s Next Chapter as President and COFO

In a significant leadership shakeup, Salesforce (NYSE: CRM) has announced the appointment of Robin Washington as its new President and Chief Operating...

Ford Surpasses Q4 2024 Earnings Expectations, But Stock Dips Amid EV Losses

Ford Motor Company has reported impressive financial results for the fourth quarter of 2024, exceeding Wall Street's earnings expectations....

Qualcomm’s Stellar Q1 Performance: A Double-Edged Sword for Investors

In the first quarter of fiscal 2025, Qualcomm Inc. delivered impressive financial results, surpassing market expectations. The company reported...

MicroStrategy’s Q4 Earnings Shock Sparks Stock Sell-Off

MicroStrategy, now operating under the name Strategy, delivered a major disappointment in its fourth-quarter 2024 earnings, reporting a net...

Arm Holdings Reports Record Q3 Revenue, Surpassing Expectations

On February 5, 2025, Arm Holdings announced its fiscal third-quarter results, revealing a record revenue of $983 million, a 19%...

Thousands Affected by Power Outage in Downtown Toronto

On Wednesday, February 5, 2025, a significant power outage disrupted life in downtown Toronto, leaving approximately 5,000 customers without...

Nvidia Leads the Charge: Why Chip Stocks Are Heating Up Today

Nvidia’s stock is on fire today, surging over 4% as it cements its position as the crown jewel of...

Pi Network Hits 10 Million Mainnet Migrations, Paving the Way for Open Mainnet Launch

Today, February 5, 2025, marks a groundbreaking achievement for Pi Network as it successfully completes the migration of 10...
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