There’s a shift taking place in the digital storage space. After experiencing a surge in demand due to the pandemic, which was subsequently followed by a sharp downturn caused by prolonged COVID lockdowns in China, a war in Eastern Europe, and broader macroeconomic slowdowns that dampened cloud computing demand, collectively, the HDD and SSD sectors are now poised for a cyclical recovery.
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Nigeria’s new mega refinery near Lagos is seeking to buy millions of barrels of US crude over the next year as it ramps up processing rates. The plant, built by Africa’s richest man Aliko Dangote, issued a so-called term tender for the purchase of 2 million barrels a month of West Texas Intermediate Midland crude for 12 months starting in July, according to a document seen by Bloomberg.
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One of the greatest aspects about putting your money to work on Wall Street is there are countless ways to grow your wealth. Regardless of your risk tolerance or investment focus, there are thousands of individual companies and/or exchange-traded funds (ETFs) that can meet your criteria.But among this endless sea of possible investment strategies, one tends to rise above the pack.
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