JSE-listed technology distributor Mustek has reported a 58.8% slump in headline earnings per share.
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Traders are eyeing Apple after its stock slid below a critical psychological threshold on Tuesday.
South Africa’s economy escaped a technical recession in the fourth quarter as load shedding lessened in intensity.
Nvidia is a reminder of another investor darling that not too long ago soared on dreams of a technological transformation.
Dell Technologies shares surged 32% to hit a record high on Friday, propelled by sales related to artificial intelligence.
Observers have warned the move could block hundreds of billions of dollars in investment into emerging markets.
The IFC and Solcon Capital have announced a partnership to nurture investment in “deep tech” in India and South Africa.
Nvidia added $277-billion in stock market value on Thursday, Wall Street’s largest one-day gain in history.
Stunning quarterly results propelled Nvidia’s market capitalisation in after-hours trading by more than $129-billion.
CubeSpace, a satellite specialist with roots at Stellenbosch University, has secured funding for global expansion.