Jumia stock price: Africa’s Amazon faces a major forex risk

Jumia (NYSE: JMIA) stock price darted higher ahead of the latest financial results. The shares rose to a high of $3.15, much higher than the year-to-date low of $2.54. In all, Jumia shares have plunged by over 95% from the highest level in 2021. Jumia has a major forex risk Jumia Technologies is an e-commerce… Continue reading Jumia stock price: Africa’s Amazon faces a major forex risk

HEPA stock price surged but beware of this glaring Hepion risk

Hepion Pharmaceuticals’ (NASDAQ: HEPA) stock price went parabolic on Monday after the company made an important announcement about its mid-stage trial. The shares jumpd by more than 110% and reached a high of $19.66, the highest level since January 17. So, is Hepion a good pharma stock to buy? Hepion Pharmaceuticals trial One of the… Continue reading HEPA stock price surged but beware of this glaring Hepion risk

BT share price just received another catalyst as Drahi adds stake

BT Group (LON: BT.A) share price has jumped in the past four straight days as investors react to the recent earnings and investment by Patrick Drahi. The shares have risen by over 12.92% from the lowest level this month. In all, the stock has jumped by ~39% above the lowest level in 2022. BT Group… Continue reading BT share price just received another catalyst as Drahi adds stake

Nikkei 225 index is in a relentless bull run: is it a good buy now?

Japan stocks are thriving as demand from locals and foreigners rose and as the economic activity rebounded. The Nikkei 225 index was trading at ¥30,950, the highest level since 1990. In all, the index has soared by over 352% from the lowest point during the Global Financial Crisis and by ~18% this year. Topix, another… Continue reading Nikkei 225 index is in a relentless bull run: is it a good buy now?

China bans Micron chips: Cramer says it’s ‘just the beginning’

Micron Technology Inc (NASDAQ: MU) lost about 3.0% on Monday after China told its companies engaged with critical information systems to no longer buy chips from the Boise-headquartered firm. Micron to take a $3.0 billion hit Its Cyberspace Administration cited a significant security threat as it announced the ban. Today’s development marks the most meaningful… Continue reading China bans Micron chips: Cramer says it’s ‘just the beginning’

EU regulator slaps Meta Platforms with highest-ever fine

Meta Platforms Inc (NASDAQ: META) is in focus today after European privacy regulators announced a €1.2 billion ($1.3 billion) penalty on the tech behemoth. Meta has violated the region’s GDPR On Monday, the Irish Data Protection Commission found the Nasdaq-listed firm in contempt of GDPR – the General Data Protection Regulation of the European Union.… Continue reading EU regulator slaps Meta Platforms with highest-ever fine