Financial analysis
Analyst Jay Goldberg, a 54-year-old senior analyst at Seaport Global Securities, remains the lone bear on high-flying Nvidia Corp. despite the AI boom driving the US economy and propelling the stock market to record highs. Goldberg's skepticism stems from his concerns about the AI investment thesis and the
Financial services
Standard and Poor's downgraded France's sovereign credit rating from AA- to A+, citing expectations of a faster rise in public debt than previously projected. This move, the third downgrade by a major rating agency in a month, increases pressure on Prime Minister Sebastien Lecornu's
Data centers
Saudi Arabia is poised for significant growth in the data center market, driven by new investments and projects that will more than triple the country's existing data center capacity by 2027. Neom, a key development in Saudi Arabia, is leading the charge with its 1.5 GW Oxagon
Data centers
Turkey's data center market is poised for significant growth, with planned investments expected to reach over $2 billion by 2026. The existing data center capacity in Turkey stands at approximately 160 MW, while the upcoming capacity is projected to exceed 210 MW, marking a growth of over 30%
Data centers
Italy is rapidly becoming an attractive location for data centers, offering geographical benefits and attracting major investors. The country's existing data center market is dominated by Milan, while key new entrants like CloudHQ, STACK Infrastructure, and CyrusOne drive future growth. The upcoming IT power capacity is expected to
Financial services
The Certified Financial Planners (CFP) Board has released a new guide that highlights the importance of navigating divorce without crossing ethical or fiduciary lines. The guide emphasizes the need for CFP professionals to recognize, disclose, and manage conflicts that arise when advising married or divorcing clients. This shift in guidance
Financial services
Pakistan's Finance Minister, Muhammad Aurangzeb, recently expressed optimism about the country's economic prospects, citing macroeconomic stability and ongoing reforms. In an interview with CNBC, Aurangzeb highlighted improvements in currency stability, foreign exchange reserves, inflation, and policy rate alignment. He noted that recent upgrades by major global
Financial services
Ghana's economy is showing signs of recovery, with a more stable cedi, single-digit inflation, and increased investor confidence. The country's long-term foreign currency credit rating has been upgraded by Moody's from Caa2 to Caa1, with a stable outlook. This upgrade reflects Ghana's
Financial services
KBRA Europe (KBRA) has assigned preliminary ratings to six classes of notes in the Clavel Residential 4 DAC (Clavel 4) securitization, which will be collateralized by mortgage participations and mortgage transfer certificates. The underlying collateral consists of seasoned Spanish residential mortgage loans, with a portfolio value of EUR606.2 million
Financial services
India's robust economic growth, fiscal discipline, and external stability have earned the country its third sovereign rating upgrade this year, with Rating and Investment Information (R&I) upgrading its rating to 'BBB+' from 'BBB'. This upgrade comes amidst a backdrop of global headwinds,
Stock offerings
The Saudi Exchange has released financial data for the Transportation sector, showcasing its current market capitalization, issued shares, net income, and shareholders' equity. The sector's net income stands at SAR 1.15 billion, with a shareholders' equity of SAR 14.81 billion. The sector's
Stock offerings
NileSat, a key player in the IT, Media and Communication Services sector, has shown a stable performance on the Egyptian Exchange (EGX) as of September 17, 2025. The stock's trading currency is the United States Dollar, with each share having a par value of $5.00. Despite fluctuations
