Highlights of the day: 17 November

FinMeUp highlights of the day

South Africa

Life Healthcare Group Holdings Limited- Results for the twelve months ended 30 September 2022 

• Revenue from continuing operations grew by 4.9% to R28 206 million.
• Normalised EBITDA from continuing operations fell 0.2% to R5 039 million.
• EPS fell 12.3% to 105.8 cents per share.
• The Board approved a final gross cash dividend of 25.0 cents per share which will be paid on Monday, 12 December 2022.

Investec Limited- Results for the six months ended 30 September 2022 and Dividend Declaration

• Funds under management fell 6.5% to GBP59.0 billion.
• Customer account deposits grew by 3.4% to GBP40.5 billion.
• NAV per share fell 0.4% to 507.9 pence.
• Adjusted operating profit grew by 23.9% to GBP405.0 million.

Netcare Limited- Trading statement

• EPS is expected to be between 72.0 cents and 72.5 cents per share, representing an increase of between 31.9% and 32.8%.

The U.S.

Nvidia & Microsoft

• Nvidia has announced a multi-year partnership with Microsoft.
• The partnership will "build one of the most powerful AI supercomputers in the world, powered by Microsoft Azure's advanced supercomputing infrastructure combined with NVIDIA GPUs."

Cathie Wood

• Cathie Wood and Ark Invest bought 163,672 shares of Coinbase yesterday.

Nvidia earnings

• EPS of $0.58 missing expectations of $0.70.
• Revenue of $5.93B beating expectations of $5.8B.

Alibaba earnings

• EPS of $1.81 beating expectations of $1.57.
• Revenue of $28.95B missing expectations of $29.19B.
• Alibaba has agreed to increase its share buyback program with another $15B.