Author: Jordan

The first-quarter earnings season for U.S. stocks is about to begin, with Deutsche Bank forecasting that the S&P 500 earnings per share growth rate will reach 19%, marking a four-year high. NVIDIA and Micron alone are expected to account for over 50% of the overall earnings growth, with AI themes dominating this round of performance. However, escalating tensions in Iran, surging oil prices, and a rebound in inflation pose significant variables. Institutions generally believe that management’s forward guidance will be more important than the earnings figures themselves.The first-quarter earnings season of the U.S. stock market is about to begin, with…

Gold prices fell in Saudi Arabia on Monday, according to data compiled by FXStreet.The price for Gold stood at 570.14 Saudi Riyals (SAR) per gram, down compared with the SAR 572.86 it cost on Friday.The price for Gold decreased to SAR 6,650.00 per tola from SAR 6,681.67 per tola on friday.Unit measureGold Price in SAR1 Gram570.1410 Grams5,701.44Tola6,650.00Troy Ounce17,732.99FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could…

The Nigerian equities market heads into this week trading with optimism, with analysts projecting extended gains on the back of solid earnings releases and the strategic lift from Nigeria’s FTSE Frontier Market reclassification. The combination of improved market infrastructure, positive earnings surprises, and anticipated foreign inflows is seen sustaining risk appetite, positioning the NGX to close the week higher barring any sudden macro shocks. Looking ahead, Afrinvest Limited said, “We expect the market to maintain a bullish bias, driven by investor positioning for dividend payouts and Q1:2026 earnings releases. We also expect market sentiment to be supported by continued positive…

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Enova (NYSE:ENVA) and the rest of the personal loan stocks fared in Q4. Personal loan providers offer unsecured credit for various consumer needs. The sector benefits from digital application processes, increasing consumer comfort with online financial services, and opportunities in underserved credit segments. Headwinds include credit risk management in unsecured lending, regulatory oversight of lending practices, and intense competition affecting margins from both traditional and fintech lenders. The 8…

12:03 AM, 31st March 2026, 2 weeks ago Volatility in the wholesale markets, caused by the conflict in the Middle East, has triggered Buy to Let mortgage lenders to respond rapidly to the movements in Swap rates. Swap rates are rates based on what markets think interest rates will be in the future. If Swap rates go up, mortgage lenders look to increase their rates and vice versa. Lenders are currently withdrawing products with little or no notice due to the current volatility. If there is a rapid de-escalation in the Middle East conflict, we can expect an improvement in…

Gold and silver prices dropped on Monday, with the futures contracts of the two precious metals falling around 1% and 2% respectively on the Multi Commodity Exchange (MCX) of India, after Donald Trump ordered US military forces to begin blockading the Strait of Hormuz, escalating tensions in the Middle East and spurring demand for safe-haven assets.Gold futures with June expiry dropped more than 0.7% (Rs 1,101 per 10 grams) to trade at Rs 1,51,551 per 10 grams in the early trading hours of Monday on MCX. Silver futures with May expiry on MCX meanwhile dropped more than 2% (Rs 5,313…

Big US commodity houses were wrongfooted by the Iran war, lose over $10 billion in oil Mitrade Source link

Paramount Skydance Corp. is in talks to secure a massive $24 billion in equity commitments from three Gulf sovereign-wealth funds to support its takeover of Warner Bros. Discovery Inc.. The Saudi Arabia-led consortium, which includes the Qatar Investment Authority and Abu Dhabi’s L’imad Holding Co., is expected to finalize the agreements by next Monday. Saudi Arabia’s Public Investment Fund alone is set to contribute approximately $10 billion of the total amount, reported the Wall Street Journal on Sunday. Don’t Miss: This financial backing is aimed at reducing the load for Paramount’s David Ellison and RedBird Capital Partners, both of whom are also backing the…

Power couple Laura and Dalton Henshaw have sold their renovated Brighton house. Influencer and wellness brand KIC co-founder Laura Henshaw and her entrepreneur husband Dalton have sold their Brighton house for about $8.5m. Since Ms Henshaw started KIC alongside fitness influencer Steph Claire Smith more than a decade ago, it has grown into one of Australia’s most popular fitness and nutrition apps which now boasts users in more than 120 countries. The brand’s first fitness studio, KICStudio, is set to open in Cremorne on April 18, 2026. RELATED: Steph Claire Smith and husband sell their Brighton East Palm Springs-style house…