Highlights of the day: 13 December

FinMeUp highlights of the day

South Africa

RMB Holdings Limited- Results for the six months ended 30 September 2022 and trading statement

• Net asset value fell by 10% to 238.6 cents per share.
• The company expects a net asset value per share in March 2023 of between 77.5 cents and 116.3 cents, representing a decrease of between 58% and 72%.

Merafe Resources Limited

• The European benchmark ferrochrome price for the first quarter of 2023 has been settled at 149 US cents per pound.

Vodacom Group Limited

• The company has completed an acquisition of a 55% interest in Vodafone Egypt.

The U.S.

Apple

• Apple's investment in Japan has now crossed $100 Billion.

SpaceX

• Elon Musk's SpaceX is offering to sell insider shares of the private company for $77 per share valuing SpaceX at $140 Billion.

Sam Bankman-Fried

• Sam Bankman-Fried has been arrested.

Oracle earnings

• EPS of $1.21 beating expectations of $1.18.
• Revenue of $12.3B beating expectations of $12.04.

CPI US

• CPI for November came in at 7.1% YoY below expectations of 7.3%.