insert_link Business / Economics 29 August 2024 Morning Biz News: Namibian Oil Reserves Boost Local Bonds; MTN’s New Appointments; Dollar Steady; Nvidia Surges Namibian Oil Reserves Drive Local Bond Index Surge The discovery of substantial crude oil reserves in Namibia has ignited interest in Namibian assets, notably boosting an index fund tracking local government bonds. The Exchange Traded Fund, listed on both the Namibian and South African stock exchanges, has surged over 20% in U.S. dollar terms since Galp's announcement in April of the Mopane field potentially holding at least 10 billion […] todayAugust 29, 2024 17
insert_link Business / Economics US company Nvidia becomes most valuable public company Nvidia has overtaken Microsoft and Apple to become the world's most valuable public company.The computer chip maker — at the heart of the artificial intelligence boom — now has an overall market valuation of $3.34 trillion USD. Benji Hyer reports. todayJune 20, 2024 22
insert_link Business / Economics Nvidia dethrones Microsoft as most valuable company Nvidia has overtaken Microsoft and Apple to become the world's most valuable public company. The computer chip maker — at the heart of the artificial intelligence boom — now has an overall market valuation of $3.34 trillion, roughly N$ 60 trillion, with the price having nearly doubled since the start of this year. Benji Hyer reports. CNBC further reports that Nvidia shares are up more than 170% so far this […] todayJune 19, 2024 15
insert_link Africa Global tech giants in Africa AI gold rush By Conrad Onyango, bird story agency Global technology giants including Microsoft, IBM, Huawei, Nvidia, and Google are lining up to tap into a multi-billion dollar opportunity in the nascent Artificial Intelligence (AI) market. The five multinationals tops the list of more than 100 tech companies across the globe that will feature in the ‘AI Everything’ forum in this year’s GITEX Africa 2024, the continent's premier tech and […] todayMay 2, 2024 23
insert_link World Nvidia overtakes Tesla as Wall Street’s most traded stock Chipmaker Nvidia has overtaken car giant Tesla as the most traded stock on the US stock market. Demand for the chips, which are used by Artificial Intelligence developers, has soared in recent years. All eyes are on Nvidia's fourth quarter earnings, due out on Wednesday. Sally Patterson has more. todayFebruary 21, 2024 3