Nigerian stocks and the naira, the local currency, have soared this year, helped by elevated oil prices and the reforms made by Bola Ahmed Tinubu. Nigerian stocks and naira have jumped this year Data shows that Nigeria’s NSE All Share Index has jumped by 58% this year and by 86% in the last 12 months.
D-Wave Quantum is not expensive because quantum computing is hyped. It is expensive because the market is valuing the wrong number. At $16.73 as of July 17, 2026, QBTS carries a $6.20 billion market capitalisation against $12.44 million of trailing-twelve-month revenue — roughly 498 times sales. That multiple is meaningless, and treating it as the
TSMC did not sell off because the quarter was bad. It sold off because the quarter was too good in the wrong line item. On July 16, 2026 Taiwan Semiconductor reported record net income of NT$706.56 billion, up 77.4% year on year and its fifth consecutive record quarter, on revenue of NT$1.27 trillion ($40.20 billion,
Gold can be expected to rise to the next resistance level 4200.00 (which stopped the previous impulse wave i). Gold reversed from support area Likely to rise to resistance level 4200.00 Gold recently reversed up from the support area located between the long-term support level 3950.00 (which has been reversing the price from last November,
Middle East tensions spike oil prices, the UK transitions to Prime Minister Andy Burnham, and central banks navigate shifting inflation. Escalating US-Iran Conflict and Tightening Energy Markets The global economic landscape finds itself increasingly cornered by escalating military hostilities between the United States and Iran, creating severe disruptions that ripple far beyond the immediate Middle
The US Dollar traded in a narrow range at the start of the week, while major currency pairs showed limited movement. Meanwhile, oil prices advanced amid the absence of any signs of de-escalation in the Middle East crisis. The US Dollar (USD) Index fluctuated below the 101.00 level after posting a two-day rebound at the
The consensus view is that Micron (MU) has become expensive after its run. The tape says the opposite. At $984.75, against full-year fiscal 2026 earnings guidance of $72.75 per share, Micron trades at roughly 13.5 times forward earnings — a lower multiple than the broad market — while 45 analysts carry strong-buy ratings and an
The standard bear argument on Nvidia (NVDA) is that growth must decelerate from here. The reported numbers say deceleration has not started. In fiscal Q1 2027, reported in late May 2026, Nvidia posted $81.6 billion in revenue, up 85% year over year, with data centre revenue of $75.2 billion, up 92% (CNBC). Annualise that single
Most Marvell Technology (MRVL) coverage frames the debate as a question about AI demand. The analyst distribution says the real disagreement is about something else entirely. At $188.68 as of July 17, 2026, MRVL carries a consensus target of $252.56 across 43 analysts — but the range behind that average runs from a low of
The standard framing of BitMine Immersion Technologies (BMNR) is that it is a leveraged bet on Ethereum. That description is incomplete in a way that matters for anyone actually pricing the stock. At roughly $15.69, BMNR carries a market capitalisation near $12.46 billion against total crypto, cash and strategic holdings of $11.3 billion — while