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Tag: Stock

Asia stock markets track losses on Wall Street as AI fears hit sentiment
  • World News

Asia stock markets track losses on Wall Street as AI fears hit sentiment

eriinfo.com2 months ago03 mins

An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets traded mostly lower Friday, tracking Wall Street declines, as fears over artificial intelligence disruption drove the S&P 500 to a third straight day of losses. Certain pockets of the U.S. stock market have been hit this year by…

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Africa: Aradel, Lafarge Africa, Fcmb Group Top Stock Pick This Week
  • Africa

Africa: Aradel, Lafarge Africa, Fcmb Group Top Stock Pick This Week

eriinfo.com2 months ago05 mins

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. Last week, Nigerian stocks posted their strongest weekly gain this year as positive market sentiments built on broadly impressive corporate results. Save for the insurance index, all the sector…

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Google stock wraps best year since 2009 as AI excites Wall Street
  • World News

Google stock wraps best year since 2009 as AI excites Wall Street

eriinfo.com3 months ago09 mins

Google CEO Sundar Pichai waves as he arrives at the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 11, 2025. Benoit Tessier | Reuters After a tough start to the year, Google closed out 2025 with its strongest performance — from Wall Street’s perspective — since 2009, when the company’s shares doubled…

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Trump halts wind projects including Coastal Virginia Offshore Wind, Dominion stock drops 4%
  • World News

Trump halts wind projects including Coastal Virginia Offshore Wind, Dominion stock drops 4%

eriinfo.com4 months ago03 mins

Dominion Energy’s wind turbines located 27 miles off of Virginia Beach in the Atlantic Ocean on July 17, 2023. Kendall Warner | Virginian Pilot | Getty Images The Trump administration on Monday halted Coastal Virginia Offshore Wind, the largest project of its kind in the U.S., as well as four other projects off the East…

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Micron stock pops on earnings blowout as AI memory demand soars
  • World News

Micron stock pops on earnings blowout as AI memory demand soars

eriinfo.com4 months ago03 mins

The Micron logo is seen displayed at the 8th China International Import Expo. Sheldon Cooper | Lightrocket | Getty Images Micron Technology‘s stock jumped 10% after the company signaled robust demand for its memory chips and blew away fiscal first-quarter estimates. During an earnings call with analysts, Micron, which makes memory storage used for computers…

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Beta stock jumps on motor deal with air taxi maker Eve Air Mobility
  • World News

Beta stock jumps on motor deal with air taxi maker Eve Air Mobility

eriinfo.com4 months ago01 mins

Beta Technologies shares surged more than 8% after air taxi maker Eve Air Mobility announced an up to $1 billion deal to buy motors from the Vermont-based company. Eve, which was started by Brazilian airplane maker Embraer and is now under Eve Holding, said the manufacturing deal could equal as much as $1 billion over…

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Nvidia stock falls 4% on report Meta will use Google AI chips
  • World News

Nvidia stock falls 4% on report Meta will use Google AI chips

eriinfo.com5 months ago05 mins

Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Woohae Cho | Getty Images News | Getty Images Nvidia shares fell on Tuesday after The Information reported that Meta is considering using chips designed by Google. Shares…

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Amazon’s stock soars on earnings, revenue beat, spending guidance
  • World News

Amazon’s stock soars on earnings, revenue beat, spending guidance

eriinfo.com5 months ago05 mins

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025.  Brendan Mcdermid | Reuters Amazon shares soared 10.81% on Friday after the company reported an across-the-board beat for the third quarter and boosted its forecast for spending due to demand for artificial intelligence services. Cloud was a…

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Africa: Aradel, Lafarge Africa, Fcmb Group Top Stock Pick This Week
  • Africa

Africa: BFA Bank Secures Largest Stock Exchange Transaction in Africa

eriinfo.com6 months ago02 mins

Luanda — According to the Angolan Debt and Securities Exchange (BODIVA), the public offering (OPV) of 29.75% of Banco de Fomento Angola (BFA) shares on the stock exchange, which was completed last week and raised 242 million U.S. dollars, was the largest transaction carried out in the country and in Africa this year. BODIVA considers…

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China’s stock market has been on a roll — is it a boom or a bubble?
  • World News

China’s stock market has been on a roll — is it a boom or a bubble?

eriinfo.com7 months ago06 mins

Investors talk at a stock exchange hall on February 3, 2017 in Hangzhou, Zhejiang Province of China. VCG | Getty Images China’s stock market has seen a sharp rally this year as progress on artificial-intelligence, steps aimed at gaining chip self-sufficiency and Beijing’s campaign to rein in price wars fuel investor optimism. But as retail…

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