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Highlights of the day: 12 September

Feb. 29, 2024
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FinMeUp
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FinMeUp

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%

 


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