Press Mentions
Business Insider Africa
Risks vs opportunities: Why middle-class Africans keep investing in crypto
Africa Business Plus
Opportunik Global Fund (OGF) targets African investors with $100m by 2025
Africa Global Funds
Opportunik Global Fund to launch African and diasporan-focused investment fund
BuzzSprout
Breaking down barriers. Making investment opportunities accessible to all Africans with Kola Oyeneyin
News Headlines
- Fortinet’s stock falls 8% after cybersecurity company’s quarterly billings drop
Shares of Fortinet Inc. fell 8% in the extended session Thursday after the cybersecurity company reported a better-than-expected first quarter and guidance that went beyond Wall Street forecasts, but billings were slightly off the mark.
- Amgen ‘very encouraged’ by preliminary data from weight-loss-drug trial, as stock jumps
Shares of Amgen Inc. rallied in the extended session Thursday after the drug maker posted adjusted earnings above expectations and executives said they are “very encouraged” by preliminary data from a trial of an injectable weight-loss drug.
- Block’s stock shoots higher as Square parent boosts its earnings outlook
Also contributing was momentum across the company’s two main business areas, the Cash App mobile wallet and the Square merchant business.
- DraftKings posts surge in revenue, hikes full-year sales guidance
DraftKings Inc. rang up a huge spike in revenue and raised its full-year sales guidance on Thursday, sending its stock up nearly 2% in extended trading.
- Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. Elevated costs have come with it.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.
- Cloudflare’s stock is sinking after revenue outlook disappoints investors
Cloudflare Inc.’s stock was free-falling in extended trading Thursday, following a quarterly report that was largely in line with analyst estimates but included a revenue outlook that fell short.