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News On Demand, For Those On The Go
Copy of OpenAI Ends Cursor Partnership After SpaceX Acquisition; Nigeria's Remittance Hit Record ~$950 Million; Baldness Drugs Emerge As Wall Street's Post Ozempic Bet; & Terra Industries' Controvers
The rivalry between Sam Altman and Elon Musk is spilling further into the AI industry, while Nigeria’s dollar inflows are reaching new highs and investors are turning their attention to an unexpected corner of healthcare. OpenAI plans to end its partnership with Cursor following its acquisition by SpaceX, while Nigeria recorded $947 million in formal remittances in July. Meanwhile, a new wave of baldness treatments is drawing investor interest, and Nigerian defence-tech compa
4 min read
OpenAI Ends Cursor Partnership After SpaceX Acquisition; Nigeria's Remittance Hit Record ~$950 Million; Baldness Drugs Emerge As Wall Street's Post Ozempic Bet; & Terra Industries' Controversial New
The rivalry between Sam Altman and Elon Musk is spilling further into the AI industry, while Nigeria’s dollar inflows are reaching new highs and investors are turning their attention to an unexpected corner of healthcare. OpenAI plans to end its partnership with Cursor following its acquisition by SpaceX, while Nigeria recorded $947 million in formal remittances in July. Meanwhile, a new wave of baldness treatments is drawing investor interest, and Nigerian defence-tech compa
4 min read
Nvidia's Blowout Earnings Cools AI Fears And Lifts The Stock; Opay To List On The Nigerian NGX; Meta's $18Bn Big Tobacco Moment; Nigeria Set To Retain FTSE Frontier Market Status.
AI demand is sending Nvidia’s value soaring, OPay could be bringing its fintech empire to Nigeria’s stock market, and Nigeria is getting another shot at global investor attention. Nvidia beat expectations with $96.2 billion in quarterly revenue, adding about $440 billion to its market value, while OPay is reportedly preparing for an NGX listing. At the same time, Meta has agreed to pay up to $18 billion to settle U.S. lawsuits over claims that its platforms contributed to soc
4 min read
The Economics of Snowfall
A Deep Dive Into Who the Economic Winners and Losers are during Snowfall "The weather outside is frightful.” Frank Sinatra I was working from home on a random weekday when I took a break to look at the view from my apartment and let my mind wander. Whilst I watched people penguin walk and cars all but crawl, I settled on an interesting thought: who benefits and suffers the most financially when it snows? That question led me down an incredibly fascinating rabbit hole, t
16 min read
Your "Investment" Is Probably a Gamble. Here's How to Know for Sure.
The Differences between Dice, Deals & Dividends; "The market can remain irrational longer than you can remain solvent.” John Maynard Keynes I commonly get consulted for investment proposals, whereby people are asking of me where I believe is best for them to deploy their capital in order to get a financial return, and the first thing that I ask [after strongly indicating that I am not a financial advisor, and the entire conversation isn’t financial advice] what their time
22 min read
From Manger to Markets: An analysis of Christmas’ Commercial Takeover
Has Capitalism Devoured Christmas? Underneath the bustle of the German Christmas markets, the pouring of mulled wine and hot chocolate, the wrapping of selected trinkets, and the voices of the choir singing Christmas carols, is the faint, almost imperceptible, constant pinging of successful transactions, whether it be Apple Pay, Google Pay, cash, or a physical card. That sound is the evidence of the “Golden Quarter” in full swing, and the silent prevalence of the second r
11 min read
Copy of OpenAI Ends Cursor Partnership After SpaceX Acquisition; Nigeria's Remittance Hit Record ~$950 Million; Baldness Drugs Emerge As Wall Street's Post Ozempic Bet; & Terra Industries' Controvers
The rivalry between Sam Altman and Elon Musk is spilling further into the AI industry, while Nigeria’s dollar inflows are reaching new highs and investors are turning their attention to an unexpected corner of healthcare. OpenAI plans to end its partnership with Cursor following its acquisition by SpaceX, while Nigeria recorded $947 million in formal remittances in July. Meanwhile, a new wave of baldness treatments is drawing investor interest, and Nigerian defence-tech compa
4 min read
OpenAI Ends Cursor Partnership After SpaceX Acquisition; Nigeria's Remittance Hit Record ~$950 Million; Baldness Drugs Emerge As Wall Street's Post Ozempic Bet; & Terra Industries' Controversial New
The rivalry between Sam Altman and Elon Musk is spilling further into the AI industry, while Nigeria’s dollar inflows are reaching new highs and investors are turning their attention to an unexpected corner of healthcare. OpenAI plans to end its partnership with Cursor following its acquisition by SpaceX, while Nigeria recorded $947 million in formal remittances in July. Meanwhile, a new wave of baldness treatments is drawing investor interest, and Nigerian defence-tech compa
4 min read
Nvidia's Blowout Earnings Cools AI Fears And Lifts The Stock; Opay To List On The Nigerian NGX; Meta's $18Bn Big Tobacco Moment; Nigeria Set To Retain FTSE Frontier Market Status.
AI demand is sending Nvidia’s value soaring, OPay could be bringing its fintech empire to Nigeria’s stock market, and Nigeria is getting another shot at global investor attention. Nvidia beat expectations with $96.2 billion in quarterly revenue, adding about $440 billion to its market value, while OPay is reportedly preparing for an NGX listing. At the same time, Meta has agreed to pay up to $18 billion to settle U.S. lawsuits over claims that its platforms contributed to soc
4 min read
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