Trump tariff threats against China make oil prices fall

President Donald Trump said he will be sharply increasing tariffs on Chinese goods this week, another bold and unexpected move that sent investors into turmoil. Get it? Turm-oil. You’ll get it later. This announcement by the president caused oil prices to drop on Monday as his decision could jeopardise trade talks between two huge economies.… Read More Trump tariff threats against China make oil prices fall

Jumia: The ‘Amazon of Africa’ stocks climb over 75% on first day of trading

Jumia Technologies, also known as the Amazon of Africa, is an e-commerce African unicorn that debuted on the New York Stock Exchange yesterday. The company, which is the largest e-commerce operator in Africa, started the day with a stock opening price of $14.50 and by the end of the day the stock was up by… Read More Jumia: The ‘Amazon of Africa’ stocks climb over 75% on first day of trading

S&P 500 slips and Apple Inc shares drop after showcase

Yesterday was a worrisome day for the S&P 500 with their inconsistent Index session ending slightly lower as Apple Inc shares fell after they unveiled their video streaming service Reuters reports. Throughout the session Indexes moved into positive and negative figures with nail-biting investors keeping an eye on the U.S. Treasury market. The downtrend of… Read More S&P 500 slips and Apple Inc shares drop after showcase

Facebook’s shares drop amongst Christchurch outrage and staff exits

This is probably not the first time you’re hearing this but things aren’t looking great for Facebook at the moment. The shocking resignation of Facebook’s Chief Products Officer, Chris Cox, and the recent live stream of the Christchurch terror attacks on their platform means Facebook is in pretty deep. So deep that their stocks dropped… Read More Facebook’s shares drop amongst Christchurch outrage and staff exits