Highlights of the day: 12 September

FinMeUp highlights of the day

South Africa

York Timber Holdings Limited- Trading statement

• The company expects an EPS of between 8.20 cents and 11.28 cents, representing a decrease of between 74% and 81%.

The U.S.

Berkshire Hathaway

• Warren Buffetts Berkshire Hathaway now own 26.8% of Occidental, up from their most recent filing which showed a 20.2% stake.

Nvidia & AMD

• The Biden administration plans to broaden curbs on US shipments of semiconductors used for artificial intelligence and chipmaking tools to China.

Apple

• Pre-order data for the latest versions of the iPhone point to strong interest and demand.

Google

• Google has announced that it has completed the acquisition of Mandiant, a cyber defence solutions business.

Yum brands

• Yum brands have announced a new $2B share buyback program.

Netflix & Ubisoft

• Netflix and Ubisoft have created 3 new mobile games for Netflix subscribers.

Biggest winners and losers

JSE

• Alphamin +5.76%
• Aspen -2.37%

U.S.

• Apple +2.85%
• AMD -1.89%

Crypto

• Bitcoin +2.5%
• Ethereum -3.3%
• BNB -0.3%