Major U.S. indexes were higher at midday Thursday, as a strong report on demand for artificial intelligence (AI) chips boosted the tech sector. The Dow, S&P 500, and Nasdaq all advanced.

Nvidia (NVDA) supplier TSMC (TSM) reported profit soared on demand for AI chips, sending its U.S.-listed shares to an all-time high. The news helped drive Nvidia shares to a record high as well.

Blackstone (BX) shares also surged to a fresh high after the asset manager said its profit jumped as it brought in more investments.

Elevance Health (ELV) was the worst-performing stock in the S&P 500 after the insurer reported a weaker-than-expected profit and lowered its guidance as changes in Medicaid slashed membership rolls.

Shares of CSX (CSX) dropped as the freight shipper’s results missed estimates and it cut its outlook as Hurricanes Helene and Milton impacted operations.

Lucid Group (LCID) shares sank as the struggling luxury electric vehicle (EV) maker announced a $1.67 billion stock sale and warned it would have a larger quarterly loss than expected. 

Oil and gold futures rose. The yield on the 10-year Treasury note climbed. The U.S. dollar gained on the euro and yen, but lost ground to the pound. Prices for most major cryptocurrencies were lower.

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Members of the Ekiti State House of Assembly are preparing to travel to Brampton, Ontario, Canada, for a leadership retreat focused on executive and legislative collaboration.

According to a letter signed by the Clerk of the Ekiti State House of Assembly, Titilope Agbede, the purpose of this trip, billed for November 2024, is to bolster legislators’ skills in navigating policy complexities and to engage with the Ekiti Kete Association in Canada.

The letter dated October 18, 2024, and addressed to Barrister Adesina, President of Ekiti Kete Canada, clarified that the retreat aims to equip the legislators with the necessary knowledge and skills to effectively navigate the complexities of policy implementation challenges.

According to the letter, “This is to inform you that Members of Ekiti State House of Assembly and Officials led by the Rt. Hon. Speaker, Honourable Adeoye Stephen Aribasoye will be leading to attend an Executive Legislative Leadership Retreat scheduled to hold in November, 2024 in Brampton, Ontario, Canada.

The retreat aims to equip the legislators with the necessary knowledge and skills to effectively navigate the complexities of policy implementation challenges.

As part of our visit, the House intends to have a courtesy visit to the Ekiti Kete Association, Canada to meet with the members of Ekiti Kete in diaspora. This will be able to foster cultural development and share experience that can promote Ekiti State and good governance for the benefit of our people.

We kindly request that you give us a date and time between 13th November, 2024 and 20th November, 2024.

We look forward to a positive response and the opportunity to have an exclusive meeting with Ekiti Kete to promote and sustain Ekiti Cultural Heritage through educational and socio-cultural programmes.”

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The Gambian Charity In The Past Has Been Instrumental In Supporting Needy Institutions In The Area Of Education, Health, And Other Social Developments. The Donated Items Are Aimed At Improving Education And Well-being Of The Students At The Said School.

Presenting The Items, Kebba Sowe, Germany Coordinator For Opportunity Gambia, Said The Donation Was Geared Toward Enhancing Education In Schools.

"We Have Made Our Finding And Realized That Jabang Lower Basic School Is Big And Lacked Sufficient Furniture. So, We Deem It Fitting To Provide The School With Tables And Benches" He Said.

Sowe, Thus Urged The School Management To Make Best Use Of The Furniture To Ensure Sustainability.

He Lauded The Gambian Charity And Partners Namely - Diakovere And Scout Of Kombo North For Their Support.

He Spoke Of Their Unending Resolve To Continue Supporting The Needy And Public Institutions To Enhance Social Development.

Omar Jarju, Local Coordinator For Opportunity Gambia, Who Double As Scout Volunteer, Said The Two Institutions Are Looking Forward To Immensely Contributing To Societal Development.

"Our Objective Is To Support The Education Sector By Bringing Educational Initiatives Both In The Formal And Informal. We Are Also Helping In The Area Of Health, Women And Children And Other Social Development," He Said.

Jarju Further Said The Organization Have A Package Of Ten Bags Containing Stationeries. These, Stationeries, He Said, Would Be Given To Ten Students From Poor Backgrounds.

He Further Called On Philanthropists To Work With The Kombo Scout Association, Expressing His Resolve To Continue Supporting The Needy People In The Country.

Sona S.M. Jobarteh, Head Teacher Of Jabang Lower Basic School, Commended The Benefactors For Their Gesture, Saying The Donation Would Go A Long Way In Helping The School And The Children In Particular. "This Furniture Will Serve The Students And Perhaps Even Their Children In The Future," she said.