Why Barclays says the market’s CoreWeave-induced AI panic is overblown
That’s according to Barclays analysts writing in a note on Monday, adding that even if the neocloud infrastructure provider runs into more trouble, investors don’t need to fret about more distress to come
Ray Dalio says the stock market’s margin for error is shrinking
“When we started this cycle, the expected returns of equities were much higher than the expected returns of bonds,” the Bridgewater Associates founder told CNBC on Thursday
Elon Musk says SpaceX could one day be worth vastly more than Earth’s economy. Here’s what that would take.
“This will sound super crazy, but I see a path to SpaceX being worth orders of magnitude more than the current Earth economy,” the wrote in a Thursday post on X
Dangote Says Africa Will Become Fuel Self-Sufficient by 2030 |
Nigerian businessman, Mr Aliko Dangote, has said Africa would largely supply its own refined fuel needs by 2030 as he prepared to launch his $16 billion refinery on the Kenyan coast
Africa’s richest man says refinery shares could rise nineteenfold, but that would value the company near $1 trillion
Aliko Dangote said shares in Dangote Petroleum Refinery and Petrochemicals, offered at $0.38 (N525) each, could eventually reach N10,000
Kenya’s president says Kenya wants foreign investors, not foreign hawkers, as crackdown targets small businesses
Ruto directed the Ministry of Investments, Trade and Industry to begin enforcement next week against foreign nationals running businesses legally reserved for Kenyans
Jamie Dimon says one market risk could amplify market swings
“Market leverage is pretty high,” Dimon told CNBC in an interview aired on Wednesday
Morningstar says Nvidia’s recent market woes put it in an unfamiliar spot: an ‘undervalued’ high-upside stock play
But with the stock struggling since mid-May, down 17% amid fears of a decline in hyperscaler spending, Morningstar says it finds itself in an unfamiliar role: an undervalued bargain
Nigeria’s Tinubu says reforms stabilising economy despite hardship | CNBC Africa
May 29 (Reuters) – Nigerian President Bola Ahmed Tinubu said on Friday his economic reforms stabilised the country and revived investor confidence, despite a steep cost-of-living squeeze on households three years into his presidency
Goldman Sachs’ US stock chief says it’s time to double down on the market’s favorite AI stocks
In an interview with Business Insider, Ben Snider dismissed bubble concerns and said he’s continuing to lean into some of the major themes in the AI trade