JSE-listed fintech Optasia’s own full-year target implies second-half revenue could come in well below the first half.
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Nvidia has taken about 90% of MediaTek’s record convertible bond issue, its biggest investment outside America.
Revenue is growing again, but the bill for replacing US technology is showing up in Huawei’s margins.
The JSE has suspended Labat Africa’s shares after it failed to pay its maiden dividend on time.
R46.2-billion of prepaid electricity moved through the group in the year to May, up 4%. The commission it earned fell 13%.
Despite the potential swing, the era of Nvidia surprising everyone with 20% moves looks to be over.
Headline inflation slowed to 4.3% in July, ending four months of acceleration – and beating market expectations.
Anthropic projects revenue of up to $200-billion by 2028, against a $47-billion run rate today, as it prepares for a mega-listing.
The damage is in the accounting rather than at the trading level, but shareholders face a big swing from profit to loss.
Borrowing costs at decade highs threaten the investment and consumption that have sustained economic growth.