Category: Split
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Nvidia’s stock split is largely ‘cosmetic,’ and mammoth gains could keep rolling in
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Shares of the top stocks in the S&P 500 rose tenfold on Friday. After the market closed, Nvidia stock was split 10-for-1, which was announced in May during the company’s most recent conference. Earnings call, entered into force. But it won’t do much to change the company $3 trillion valuation…
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Parastatal reforms split PSC, State House teams
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The Public Service Commission (PSC) has notified the Executive Office of the President on new guidelines on the management of parastatals, citing a simmering tussle over control of state-owned entities managing billions of shillings. PSC Chairman Anthony Mochere has described Executive Order No. 3 of 2024 on Governance Guidelines for…
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Nvidia Hits a $3 Trillion Market Cap Ahead of Its 10-for-1 Stock Split. Here’s What’s Next for Investors.
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Nvidia (Nasdaq: NVDA) Stocks made headlines on Wednesday when they became the third U.S. public company to cross the $3 trillion market capitalization threshold. In January 2022, apple He was the first to achieve this remarkable feat, and he was followed by others Microsoft In January 2024. A growing group…
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5 Artificial Intelligence (AI) Stocks That Look Ready to Split
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The AI revolution has fueled the growth of technology enablers, most of which exist in the world Semiconductor sector. In fact, the stock movements of these companies have been so strong that many of them are now trading at very high share prices, leaving these AI beneficiaries vulnerable to a…
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Safaricom condition throws M-Pesa split push into a spin
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Safaricom has revealed that it will only consider separating its mobile money platform M-Pesa from the rest of its telecommunications business if the move adds value to its investors and customers, signaling a difficult path ahead for the Central Bank of Kenya (CBK) which has been lobbying for the deal.…
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This Will Be the Next Artificial Intelligence (AI) Company to Split Its Stock
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Many technology companies have witnessed this recently Stock split. Some of the most high-profile tech stock splits in recent memory involve members of the “Magnificent Seven.” Tesla, Nvidia, Amazon, the alphabetAnd apple. While there are a number of upcoming stock splits that you should be aware of, there is one…
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TripAdvisor takes itself off the market leaving analysts split on company’s fate (TRIP)
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It’s been a tough week for TripAdvisor (Nasdaq: Journey) which declined at Friday’s close by more than 30% from last week, as first-quarter results were affected by the company’s decision to withdraw from the takeover dispute. Disappointed investors were bailed out of shares, wiping out all the gains made when…