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A rebound in chipmakers buoyed Wall Street as dip buyers emerged despite solid economic readings that reinforced speculation the Federal Reserve will boost rates in December. Max Kettner, Chief Multi-Asset Strategist at HSBC, discusses the AI trade and why it's following market narratives and not market fundamentals. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Bitcoin fell toward $75,500 after AI stocks plunged, and over $1 billion in the crypto derivatives market has been wiped out.
The renewed critical minerals strategy would support mining and processing technology, research, and funding for projects.
The Nigeria Customs Service, Edo/Delta Area Command, generated approximately ₦132.86bn in revenue between January and October 2026, representing an increase of ₦29.52bn, or 28.57 per cent, over the…
The Bauchi State Commissioner of Police, Sani-Omolori Aliyu, has presented cheques totalling ₦12.1m to families of deceased officers of the command under the Group Life Assurance and IGP Family…
The Peoples Democratic Party in Bayelsa State has accused the administration of Governor Douye Diri of failing to address worsening poverty, hunger and unemployment despite huge budgetary allocations.
The Yola Electricity Distribution Company says it loses about ₦9bn annually in energy and revenue losses on its Jimeta network, with the losses affecting its ability to procure equipment, rehabilitate…
