The latest updates from the JSE and NYSE over the past 24 hours.

South Africa

Sun International Limited

·       Group income grew by 11.7%.

·       EPS grew by 81.9%.

·       HEPS grew by 86%.

·       Interim dividend grew by 68.2%.

City Lodge Holdings Limited

·       Revenue grew by 55%.

·       EPS grew by 100%.

·       Average group occupancies grew by 18 points to 56%.

·       HEPS grew by 452%.

·       EBITDAR grew by 83%.

·       A final dividend of 8 cents was declared.

Metrofile Holdings Limited

·       Revenue grew by 16%.

·       EBITDA grew by 6%.

·       EPS grew by 4%.

·       HEPS grew by 5%.

·       Purchased R33.8 million shares back.

Bell Equipment Limited

·       Revenue grew by 42%.

·       Profit from operating activities grew by 74%.

·       Profit for the period grew by 66%.

·       EPS grew by 64%.

·       HEPS grew by 63%.

·       Net asset value per share grew by 23%.

Argent Industrials Limited

·       Argent has repurchased R4.9 million worth of their shares.

The U.S.

Meta

·       Meta is working on a new AI system intended to be as powerful as the most advanced model (ChatGPT-4) offered by OpenAI.

Morgan Stanley

·       Morgan Stanley just announced after testing with 1 000 financial advisers for some months, the bank will roll out a Generative AI bot developed with OpenAI later this month.