LAGOS (Reuters) - Nigeria's Top-10 banking index surged 7.7 percent in early trade on Friday after the two top lenders reported higher profits. Guaranty Trust Bank and Zenith Bank, two of Nigeria's top tier lenders reported 9 percent and 12.8 percent increases in pretax profits respectively for 2014. Their shares rose by the maximum 10 percent allowed at the bourse. The main share index is up 2.3 percent.
The battery start-up might reach its ambitions sooner than expected.
Nvidia hasn't been able to make much of a dent in the automotive chip market, but there is one company that's winning big in this space.
These three reliable dividend payers have historically high yields thanks to deep price declines.
While the energy sector has gotten off to a hot start this year, opportunities in master limited partnerships (MLP) stick out from the crowd.
Sternlicht moved his real estate company Starwood Capital Group to Miami in 2018, but he says a lot more companies want to “move down” and can’t.
Intel was hit with more bad news that has enormous implications for investors.
“I don’t have a financial adviser because no one‘s going to take $25,000.”
Intel and AMD's latest earnings reports make one thing clear about the state of Nvidia's competition in the AI chip market.
Jeff Bezos amassed his wealth through Amazon stocks and owns hundreds of millions of dollars worth of real estate, but one of his most valuable possessions may surprise you: art. Among his collection is the renowned piece "Hurting the Word Radio #2 (1964)" by Ed Ruscha, purchased by Bezos for almost $53 million. This artwork, a prime example of Ruscha’s text-based paintings, stands as a signature piece in Bezos’ collection. As concerns over stock market volatility persist, the world’s wealthiest
AI startup Anthropic is changing its policies to allow minors to use its generative AI systems -- in certain circumstances, at least. Announced in a post on the company's official blog Friday, Anthropic will begin letting teens and preteens use third-party apps (but not its own apps, necessarily) powered by its AI models so long as the developers of those apps implement specific safety features and disclose to users which Anthropic technologies they're leveraging. In a support article, Anthropic lists several safety measures devs creating AI-powered apps for minors should include, like age verification systems, content moderation and filtering and educational resources on "safe and responsible" AI use for minors.