This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
To read this article, you must be a paid subscription member. (Current members login here) [.] The post EBRD Backs Egyptian Fruit Ingredient Producer with Debt first appeared on Africa Capital Digest.
Tesla (NASDAQ: TSLA) CEO Elon Musk has a history of making optimistic forecasts about the company. And during his conference call with investors for the fourth quarter of 2024 (ended Dec. 31), he made his boldest prediction yet. He thinks Tesla could be the most valuable company in the world one day, with a bigger market capitalization than the next top five companies combined.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Verdant Capital Backs South African Fintech UsPlus first appeared on Africa Capital Digest.
Over the past six months, Eli Lilly (NYSE: LLY) has underperformed broader equities. While that's not much of an issue in the grand scheme of things, it is still a bit surprising, since the pharmaceutical giant is one of the undisputed leaders in the exciting market for weight loss drugs. It turns out that the anti-obesity space isn't growing as fast as Eli Lilly or analysts anticipated, resulting in lower-than-expected revenue for the company's famous weight management drug, Zepbound.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post MOPO Secures Financing to Expand Roll-Out Strategy in DRC first appeared on Africa Capital Digest.
Over the last few days, the financial world has gone into a tizzy over a new start-up in the artificial intelligence (AI) realm. Chinese company DeepSeek sent shockwaves around the world after releasing a model akin to ChatGPT. The primary reason investors are panicking is because DeepSeek claims to have trained its model on older, less sophisticated chipware from Nvidia (NASDAQ: NVDA).
To read this article, you must be a paid subscription member. (Current members login here) [.] The post IFC Backs Kenyan Apparel Manufacturer with Financing Package first appeared on Africa Capital Digest.
I hate to say I told you so (but I did). And just as I forewarned back in September, AST SpaceMobile (NASDAQ: ASTS) stock has decided to dilute its investors. Again. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 stocks On Thursday last week, AST management announced plans to float $400 million worth of convertible senior notes due 2032 (that's debt, convertible into stock ) in a private offering to qualifie
I hate to say I told you so (but I did). And just as I forewarned back in September, AST SpaceMobile (NASDAQ: ASTS) stock has decided to dilute its investors. Again. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 stocks On Thursday last week, AST management announced plans to float $400 million worth of convertible senior notes due 2032 (that's debt, convertible into stock ) in a private offering to qualifie
To read this article, you must be a paid subscription member. (Current members login here) [.] The post BII Doubles Down on Valency with $15M Follow-on Deal first appeared on Africa Capital Digest.
More so than any other American company, Tesla (NASDAQ: TSLA) deserves credit for making the electric vehicle (EV) industry viable. After decades or even generations of talk about an electric car, Tesla has taken the concept mainstream, scaling production and turning a tidy profit against long odds, defying expectations. That success in an industry that many think will eventually supplant traditional combustion vehicles, along with its big promises about autonomy, has allowed Tesla to earn a sky
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Swedish DFI Commits 40M to Ninety One-managed EAAIF first appeared on Africa Capital Digest.
Now that Bitcoin (CRYPTO: BTC) has crossed the $100,000 mark, it's only natural to ask: Just how much higher can it really go? After all, Bitcoin is up more than 30,000% over the past decade, and is now a $2 trillion asset. Long-term investors may find it hard to envision Bitcoin replicating its past decade's performance. The good news is that Bitcoin is likely nowhere close to hitting its true ceiling.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post AfricInvest Lands Fresh DFI Backing for New Small Cap Fund first appeared on Africa Capital Digest.
The International Space Station (ISS) has given America a home in space for the last 27 years. Sometime after 2030, though, America plans to lock the doors on ISS, hand in the keys, and send it plunging into the sea. But this won't be the end of America's orbital adventures. Long before ISS takes its swan dive, U.S. companies should have one (or several) private space stations in orbit, performing the same functions that ISS performs today.plus some entirely new ones.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Actis Strikes Deal to Exit Java House in Secondary Sale first appeared on Africa Capital Digest.
One path to amassing a fortune is to identify the next big thing and invest in the companies poised to emerge as the leaders in it. For example, you might have bought shares of Microsoft in the early days of the PC or Amazon in the early innings of the internet. What's the next big thing today? Quantum computing is a top candidate. But which quantum computing stocks are most likely to make you a millionaire?
To read this article, you must be a paid subscription member. (Current members login here) [.] The post South African University Tech Fund Hits First Close first appeared on Africa Capital Digest.
The Dow Jones Industrial Average (DJINDICES: ^DJI) roared higher last year, gaining more than 12%, as some of its biggest growth companies advanced. Investors piled into stocks benefiting from the artificial intelligence (AI) boom, as well as companies likely to win in a lower-interest rate environment. These themes continue to attract investors -- and that could bode well for those who put their money behind certain growth players.
During the Gilded Age, the place to summer if you were a member of the elite class was Newport, Rhode Island. Rich people back then lovedto party. And those parties cost a lot of money. A newspaper at the time wrote of the wealthy class in Newport that they “devoted themselves to pleasure regardless of expense.” A member of the elite class corrected the story by pointing out that, no, what they did was”.
Bucking convention with my Roth IRA , I've built a strategy that transcends the traditional choice between growth and income. My current portfolio emphasizes building positions in emerging technology companies to reach share counts that enable efficient covered call writing. This systematic approach aims to create a foundation for generating both capital appreciation and options income.
By Carla Brown, FPFS, CFP For financial advisors, social media can get you in front of people you might otherwise not meet as well as keep you at the top of mind with your clients. Some types of social media content, however, could work against the image you want to portray to attract and keep clients. So, its important to understand what you shouldnt post on social media.
A growing number of Americans are heavily reliant on Social Security to make ends meet in retirement. 60% of retirees said Social Security represents a major source of income for them, according to the most recent edition of an annual Gallup poll. While that number fluctuates, it's the second-highest reading in the poll since it started in 2002. But many Americans are unfortunately unaware of how different factors could affect that all-important source of retirement income.
Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: Did a Private Equity Fire Truck Roll-Up Worsen the L.A. Fires? During the LA fires, dozens of fire trucks sat in the boneyard, waiting for repairs the city couldn’t afford. Why? A private equity roll-up made replacing and repairing those trucks much pricier. ( BIG by Matt Stoller ) Elmo Watch : Elon Musk rose to the top of video game charts.
Roughly four in five households with older adults are struggling financially, according to the National Council on Aging (NCOA). Longer life expectancies, coupled with a lack of personal savings and Social Security benefits that continue to lose buying power , have left many concerned that they'll outlive their savings. This could force some to take on debt or rely upon their children for support in their old age.
Toast 's (NYSE: TOST) stock more than doubled over the past 12 months but remains nearly 40% below its all-time high from November 2021. Investors embraced the cloud-based restaurant services provider again as its growth rates stabilized, but elevated interest rates prevented the stock's valuations from rising back to their bubbly levels of 2021. Will Toast's stock continue to rise over the next 12 months?
Nvidia (NASDAQ: NVDA) stock was crushed on Jan. 27, dropping 17% in a single session after a fresh wave of doubts came to the forefront following the cost-effective artificial intelligence (AI) model unveiled by Chinese start-up DeepSeek. DeepSeek's claim that it trained its R1 model for just $6 million and made it competitive enough to perform as well as the more expensive o1 reasoning model from OpenAI rattled investors.
On Jan. 20, Chinese artificial intelligence start-up DeepSeek released its first-generation reasoning models. In the release, the company made some astonishing claims. First, DeepSeek said its DeepSeek-R1 model achieves performance comparable with OpenAI-o1, widely considered the best-performing model available across most domains. Considering the Chinese company is working with significantly worse hardware than OpenAI and other American companies, that's certainly remarkable.
Combing through the holdings of billionaire investors can be a great way for retail investors to find great stocks to buy. Two of the more notable investors one could choose to follow are Howard Marks of Oaktree Capital Management and David Tepper of Appaloosa Management. During one 25-year stretch of his career, Marks earned annualized returns of 23%, while over a 30-year run, Tepper earned annualized returns of 28%.
As the CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , Warren Buffett has had a fantastic track record allocating capital. The conglomerates stock price has climbed at an impressive 19.8% compound annual rate between 1965 and 2023, substantially outpacing the broader S&P 500. Therefore, its no wonder the Oracle of Omahas investment decisions are closely monitored by the rest of the market -- and r ecent moves could signal that it might be time to worry.
As this year began, retired-worker beneficiaries were bringing home an average monthly Social Security check of $1,975.34. Though this is a relatively modest amount of monthly income, it's proven pivotal to helping retirees make ends meet. Since 2002, national pollster Gallup has surveyed retirees annually to gauge their reliance on America's leading social program.
ExxonMobil (NYSE: XOM) is a powerhouse in the oil patch. The oil giant delivered an industry-leading financial performance last year, producing over $33 billion in earnings and $55 billion in cash flow from operations. That was its third-best performance over the past decade. What's remarkable about Exxon's success last year is that it achieved such strong results without a big boost from commodity prices.
Warren Buffett made some big moves last year. The portfolio of his holding company, Berkshire Hathaway , saw some massive shifts in position sizes, including some huge selling of its biggest position. Moving into the new year, two Berkshire positions in particular look compelling right now. This fintech stock is too cheap to pass up Fintech stocks are growth machines, at least in theory.
The Oracle of Omaha, Warren Buffett, is arguably one of the most famous investors of all time. Many investors have sought to replicate his investing strategy as emphasized by the holdings of Buffett's multinational conglomerate Berkshire Hathaway. It's important to carefully evaluate any stock you're considering to ensure it's a solid pick for your portfolio, aligns with your risk-tolerance level, and fits with the overall objectives you've set for your holdings.
On Jan. 27, Nvidia (NASDAQ: NVDA) fell 17%, erasing over $590 billion from its market cap. It marked the greatest single-day market-cap destruction for a company in U.S. stock market history. While the growth stock recovered nearly half of those losses the following day, there are still lessons to be learned from this historic market event. Where to invest $1,000 right now?
Meta Platforms' (NASDAQ: META) share price rose after the social media company released strong fourth-quarter results, once again showing that its social media sites are top destinations for both users and advertisers. The company also remained committed to spending big on artificial intelligence (AI). The stock has been off to a fast start in 2025, with its shares already up 17% as of this writing.
Snowflake (NYSE: SNOW) stock has recorded stellar gains of 62% in the past three months, as of this writing, driven by the company's solid fiscal 2025 third-quarter results, which were released in November 2024. The data cloud platform provider not only beat analysts' expectations on revenue and earnings, but the growing traction of its artificial intelligence (AI) -focused applications allowed it to deliver better-than-expected guidance.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 stocks Most of us, unless we're already wealthy, probably want to become wealthy. But many of us aren't sure just how to pull it off. Some folks are buying and holding onto stocks, others are putting their faith (and dollars) in real estate, and some are starting businesses.
Image source: Getty Images It's been at least 20 years since $1 million became the "default" retirement savings goal. Somehow, a lot of people agreed that we needed to save at least that much to get by in retirement. Looking for a secure place to grow your savings? See our expert picks for the best FDIC-insured high-yield savings accounts available today - enjoy peace of mind with competitive rates.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content