The IMF has raised concerns about Nigeria's rapid adoption of dollar-pegged stablecoins, warning this trend threatens the country's monetary sovereignty and could weaken its traditional banking sector. Nigeria leads sub-Saharan Africa in stablecoin inflows, driven by naira depreciation, high remittance costs, and limited access to formal forex markets. The IMF likens this to "digital dollarization," where reliance on dollar-denominated digital assets limits central bank control over inflation and liquidity. It recommends stronger regulation, better data use, and improved payment systems to compete with stablecoins and protect financial stability.
Advanced Micro Devices (AMD) continues to be rated a Buy due to its strong growth driven by artificial intelligence (AI) and solid execution. The stock trades at a 31x forward price-to-earnings ratio, reflecting a 29% premium over the sector median, ...
Americas Gold and Silver Corporation posted a 71% increase in consolidated net revenue to $46 million for Q2 2026, driven by higher silver prices and operational improvements at its Galena and Cosalá mines. Despite a minor electrical fire and extende...
Chainlink's price increased by 10% this week, reaching around $8.85, supported by an MVRV golden cross signal that historically preceded major rallies. Analyst Ali Charts highlighted this on-chain indicator, which appeared before significant price su...
Microsoft has closed at least 15 offices and joint ventures in China over five years, accelerating a partial retreat in 2026. The company is shifting hardware manufacturing out of China, closing physical retail stores, and cutting Azure cloud jobs am...
SanDisk revealed ambitious financial goals through 2030 during its Investor Day, including mid-to-high-teens revenue growth and around 80% gross margins, sparking a 14% surge in its stock price. Analysts from Evercore ISI and Mizuho Securities reaffi...
