Naspers Stock News

Steven Romick (Trades, Portfolio) disclosed his portfolio for the fourth quarter of 2022 earlier this month.

Naspers/Prosus' half-year update had lots to like.

Heading into the World Cup season, CNBC spoke to Josh Brown of Ritholtz Wealth Management on whether Visa or Microsoft will give investors a greater total return over the next 12 months. And James Dem

Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as "untrue" a report that they are in talks to sell their large stake in Chinese software and gaming giant

The magic of the large repurchase program is often misunderstood. By doing the exact math, you can not only see its benefits, but also understand when it will end.

Berkshire has sold about $600 million of BYD stock, SoftBank is slashing its Alibaba stake by nearly 40%, and Naspers is paring its Tencent position.

NPSNY, WASH, and TRST made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 28, 2022.

So, what are the best African stocks to buy at present? Consider taking a look at these seven.

Naspers stock has been buoyed in recent weeks by the announcement of a buyback program funded by the sell-down of its Tencent stake. With Naspers also trading at a discount to its economic ownership o

Dutch technology investor Prosus NV on Monday announced it will gradually sell down its massive stake in Tencent, reversing a pledge to retain the holding for a couple of years and knocking shares in

Futures Fade As Yields Soar, Oil Slides And China Stocks Crater US equity futures held on to modest gains overnight as the market desperately clung on to hope that the latest ceasefire talks between Russia and Ukraine which started on Monday, may yield results (clearly forgetting how the rug was pulled from under the market on Friday in an identical setup), which initially sent stocks higher especially in Europe, despite a surge in 10Y TSY yields to 2.10%, the highest since July 2019, two days ahead of the first Fed rate hike, and a complete collapse in Chinese stocks. And while U.S. index futures were still pointing to a positive open with negotiations between Russia and Ukraine set to continue, this gain is fading fast, with spoos now up just 0.5% after rising 1% earlier… ... as headlines from the Kremlin suggested that a ceasefire is the last thing on Putin''s mind. *KREMLIN: RUSSIA WILL REALIZE ALL ITS PLANS IN UKRAINE OPERATION *KREMLIN: UKRAINE OPERATION WILL BE COMPLETED ON SCHEDULE *KREMLIN: RUSSIA DIDN''T REQUEST CHINA MILITARY AID FOR OPERATION *KREMLIN: RUSSIA HAS RESOURCES NEEDED TO COMPLETE UKRAINE ACTION And while futures would normally be deep in the red by now, and will be shortly now that AAPL is at LOD...

Nigeria’s Federal Inland Revenue Service (FIRS) froze the company’s accounts in June and served MultiChoice Group with a 1.8tn naira tax claim for its Nigeria operation and a $342m claim for value-added taxes. South Africa’s MultiChoice, spun off in 2019 from Naspers, makes a third of its revenues elsewhere on the continent, with Nigeria its […]

Naspers arm joins host of companies and investors counting losses from invasion of Ukraine

The London Stock Exchange has suspended trading in the VK Group, the Russian media company which is 25.7% owned by Prosus.

In November, Good Glamm Group, previously known as MyGlamm, became India’s first beauty commerce startup to turn a unicorn after it raised $150 million in a Series D funding round led by Prosus Ventures (Naspers) and Warburg Pincus. The deal had valued the firm at $1.2 billion