Nigeria
The recent petrol price hike, effective Monday, October 13, 2025, saw significant increments across key Nigerian cities. In Lagos, the pump price of petrol jumped by N127, moving from N865 per litre to a staggering N992 per litre. Similarly, in the nation's capital, Abuja, the price increased by
AI
The convergence of Artificial Intelligence (AI) with retail technology and financial services is rapidly redefining how businesses operate and interact with consumers. This transformative wave, characterized by innovative partnerships and advanced technological deployments, promises unprecedented levels of efficiency, hyper-personalization, and data-driven decision-making. As of October 13, 2025, the market is
BigBear.ai
BigBear.ai (NYSE: BBAI) witnessed a significant stock surge on October 13, 2025, following the announcement of a groundbreaking strategic partnership with Tsecond, Inc. This collaboration, aimed at delivering advanced AI-enabled edge infrastructure for critical national security operations, immediately propelled BigBear.ai's shares upwards by as much as
AI Regulation
SACRAMENTO, CA – In a landmark legislative move, California Governor Gavin Newsom officially signed Senate Bill 243 (SB 243), often dubbed the "companion chatbot" bill, into law on October 13, 2025. This pivotal legislation marks California as the first state in the nation to specifically regulate AI companion chatbots,
Applied Digital
Applied Digital (NASDAQ: APLD) has captured the financial world's attention with an astonishing stock surge, skyrocketing approximately 723% since May 2025. This exceptional growth positions the company at the forefront of the burgeoning artificial intelligence (AI) infrastructure market, transforming it from a niche player into a critical enabler
Broadcom
The financial markets are abuzz following the announcement of a landmark multi-year strategic partnership between semiconductor giant Broadcom (NASDAQ: AVGO) and leading artificial intelligence research firm OpenAI. This monumental collaboration, reportedly worth "multiple billions of dollars," centers on the co-development and deployment of custom AI accelerators and advanced
Gold
October 13, 2025 – Gold has smashed through the US$4,000 per ounce barrier, marking an unprecedented rally that has seen the precious metal achieve its 45th new price high in 2025 alone. With year-to-date returns exceeding 52%, this is gold's strongest calendar year performance since 1979, solidifying
Silver ETF
Mumbai, India – October 13, 2025 – In a significant move reverberating through India's financial markets, major mutual fund houses, including Axis Mutual Fund and Tata Mutual Fund, have announced the temporary suspension of fresh investments into their Silver Exchange Traded Fund (ETF) Fund of Funds (FoFs). This decisive action,
London Silver Market
October 13, 2025 – The global financial markets are currently navigating a treacherous landscape, marked by an unprecedented confluence of events that are sending shockwaves across precious metals, critical raw materials, and international trade. The London silver market has been widely described as "broken," gold prices have surged to
Jefferies
The financial markets are grappling with the reverberations of the First Brands Group bankruptcy, an event that has particularly cast a shadow over Jefferies Financial Group (NYSE: JEF). In a swift and decisive move, Jefferies has stepped forward to reassure investors, attempting to calm a market rattled by the sudden
Dividend Stocks
As the Q3 2025 earnings season hits full stride, a critical question looms for income-focused investors: are "dividend powerhouses" still a safe haven, and should they be considered before their upcoming earnings reports? With market volatility persisting and interest rate trajectories influencing investor sentiment, the allure of stable
Caterpillar
In a significant move poised to reshape the mining technology landscape, Caterpillar Inc. (NYSE: CAT) announced on October 12, 2025, its intent to acquire RPMGlobal Holdings Limited, a leading Australian-based mining software firm. The news sent a positive ripple through the market, with Caterpillar's stock seeing an immediate