Category: Stock Market

Forex Signals Dec 18: Nike and FedEx Earnings Preview, Lead ECB and BoE Rate Desicions

Posted on by Skerdian Meta

Investors are balancing key earnings from Nike and FedEx against pivotal policy signals from the ECB and Bank of England, setting up a potentially volatile session. Continue reading “Forex Signals Dec 18: Nike and FedEx Earnings Preview, Lead ECB and BoE Rate Desicions” →

AVGO Stock Makes Bearish Break as Broadcom’s Valuation Shock Ripples

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A sharp reversal in AVGO stock price weighed on the Nasdaq and broader tech sentiment, even as Micron’s strong earnings offered a late glimmer of support amid rising valuation concerns. Continue reading “AVGO Stock Makes Bearish Break as Broadcom’s Valuation Shock Ripples” →

Dow Jones and Nasdaq Stumble as Tech Stocks Sell Off, but Micron (MU) Earnings Offer Late Lift

Posted on by Skerdian Meta

Strong after-hours earnings from Micron offered a potential stabilizing force for tech, while U.S. equities dropped as investors locked in profits from the AI-led rise, bringing the Nasdaq significantly lower.
Continue reading “Dow Jones and Nasdaq Stumble as Tech Stocks Sell Off, but Micron (MU) Earnings Offer Late Lift” →

Discovery CEO Sells Shares as Group Momentum Remains Intact, with JSE: DSY Price at R300

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Discovery CEO Adrian Gore has sold a modest portion of his shareholding, a move that appears linked to risk management rather than a shift in confidence, as the group continues to deliver strong operational and market performance. Continue reading “Discovery CEO Sells Shares as Group Momentum Remains Intact, with JSE: DSY Price at R300” →

Nvidia Stock NVDA Shows Emerging Downtrend and Market Reprices AI Expectations

Posted on by Skerdian Meta

After a temporary break from the easing of U.S. export rhetoric, Nvidia’s share price has resumed its decline as investors reconsider valuation, geopolitics, and the sustainability of AI-driven growth. Continue reading “Nvidia Stock NVDA Shows Emerging Downtrend and Market Reprices AI Expectations” →

Forex Signals Dec 17: Upbeat Micron Earnings Review but Can It Justify?

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Despite market volatility, Micron’s earnings outlook continues to strengthen as pricing power and AI-driven memory demand accelerate. Continue reading “Forex Signals Dec 17: Upbeat Micron Earnings Review but Can It Justify?” →

Bidding War Twist: Warner Bros. to Back Netflix Over Paramount

Posted on by Olumide Adesina

Warner Bros. plans to reject Paramount Skydance Corp.’s hostile takeover offer on concerns about funding and other conditions.

After reviewing Paramount’s proposal, Warner Bros., whose representatives wished to remain anonymous due to the sensitivity of the matter, stated that the board will recommend that shareholders reject the tender offer.

Netflix is buying up Warner Bros. and its properties.

The board believes that the company’s existing contract with Netflix, the industry leader in streaming, provides better terms, value, and certainty than what Paramount has proposed.

According to these sources, a response to Paramount’s tender offer could be submitted as early as Wednesday. They added that no final decision has been made and the situation remains uncertain. Warner Bros. and Paramount declined to comment. A key concern for Warner Bros. is the funding being proposed by Paramount, led by David Ellison. The equity is supported by a trust managing the fortune of his father, software magnate Larry Ellison.

Warner Bros. can withdraw assets from it at any time because it is a revocable trust. The sources indicated that such a move might leave Warner Bros. with limited options.

On Tuesday, one of Paramount’s backers withdrew from the agreement, citing the involvement of “two strong competitors.” Earlier that day, President Trump criticized Paramount on social media, claiming that since the Ellison family took over earlier this year, the company’s CBS division has treated him “far worse.”

The Ellisons have emphasized their friendly relationship with the President. Another concern for Warner Bros. is the company’s ability to operate for a year or longer while seeking regulatory approval for a sale. According to sources, Paramount is not providing enough flexibility to help Warner Bros. manage its balance sheet or operate effectively.

Warner Bros. addressed these issues in a filing last week, raising concerns about the company’s capacity to refinance debt and pay a $5 billion breakup fee, which the Ellison family supports. In response, Paramount has revised the terms of its bid.

Trump Labels Venezuela Terrorist Regime, Orders Oil Tanker Blockade

Posted on by Olumide Adesina

President Donald Trump increased pressure on Caracas by announcing he was ordering a blockade of sanctioned oil tankers entering and leaving Venezuela amid a US military buildup in the area and the threat of land strikes. Trump posted on social media on Tuesday, saying, “The largest Armada ever assembled in the History of South America surrounds Venezuela. ”

EIA expects higher crude Oil production in 2025

Until they return to the United States of America all of the oil, land, and other assets that they previously stole from us, it will only get bigger, and the shock to them will be like nothing they have ever seen before.”

Additionally, Trump declared that the Nicolas Maduro regime in Venezuela was a “FOREIGN TERRORIST ORGANIZATION.”.

Additionally, he charged that the “illegitimate” government was “financing themselves with oil from these stolen oil fields, drug terrorism, human trafficking, murder, and kidnapping.” The action indicates that the Trump administration is intensifying pressure on Maduro. Venezuela denounced Trump’s most recent action as a “reckless and serious” threat.

In a statement released late on Tuesday on Vice President Delcy Rodríguez’s Telegram account, the government claimed that Trump “intends to impose, in an utterly irrational manner, a supposed military blockade of Venezuela to steal the riches that belong to our homeland. “

Venezuela reiterates that it is sovereign over all of its natural resources. In a statement, Venezuela said that the “grave” breach of international law would be immediately denounced by its ambassador to the UN. The Skipper, a sanctioned oil tanker, was apprehended by the US last week off the coast of Venezuela.

Following the seizure, three supertankers that were initially bound for Venezuela changed their course a day later, and a fourth one did so earlier this week. Additionally, the Pentagon has killed dozens in over 20 strikes against alleged drug-trafficking ships in waters close to Venezuela and Colombia.