Latest Updates Around The World
Canopy growth (CGC) dramatically exemplified the classic “buy the rumor, sell the news” trading mantra this week. Reports of an impending executive order from President Trump to expedite the rescheduling of marijuana from Schedule I to Schedule III fueled massive speculation. In recent days, CGC shares have risen as much as 110% on expectations alone. […]
Truth Social parent Trump Media & Technology Group (DJT) shocked the market yesterday with the announcement of a full stock merger TAE technologiesa leading developer of nuclear fusion. The deal values the combined company at more than $6 billion, leaving shareholders of each company with approximately 50% ownership at closing, which is expected to close […]
In 2025 shares of Disney (DIS) have essentially gone nowhere, up a measly 0.4% since the start of the year. This flat performance was a disappointment to investors, especially when the S&P500 rose by 15%, and even Netflix (NFLX) has managed to post a 5% gain despite falling 30% from its 52-week high. Other media […]
Bank stocks on the Nairobi Securities Exchange (NSE) were one of the best performers of 2025, rising while the rest of the market fell as investors sought safe places to invest their money with strong balance sheets and high returns. The NSE All-Share Index fell 8 percent, but KCB Group rose 32 percent, Equity Group […]
Asahi Group’s acquisition of Diageo’s 65% stake in East African Breweries Plc (EABL) for US$2.3 billion is one of the largest inbound mergers and acquisitions ever in East Africa. The Asahi Diageo transaction provides the Japanese brewer with a rapid expansion opportunity in one of the fastest growing consumer markets, provides Diageo with significant cash […]
Bankers are lobbying for tax and PAYE reforms in Kenya to help restore household incomes, boost spending and support businesses in a tough economy. The proposal aims to increase the tax-free income limit from KES24,000 to KES30,000 and set the top rate at 30%. The move is in response to the 10.7% real wage decline […]
2025 was a good year for the TSX Index. Still, many Canadian growth stocks are down this year. Many good quality companies are trading at very attractive valuations. If I had $4,000, here are four cheap Canadian stocks I’d buy before 2026. A top-tier Canadian defense stock Calian group (TSX:CGY) has been performing below expectations […]
GWhen I came forward, I was often told that paying off your mortgage was the best financial decision you could make. Admittedly, a funny read for an eight year old. But the thought stuck in my mind. Paying off debt makes for sexy headlines. Santander noted earlier this year that participating in Dry January – […]
