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News
Elon Musk’s Romance With Cryptocurrency
February 10, 2021 04:37 AM AEDT| By Hina ChowdharyElon Reeve Musk, the founder and chief executive officer of Tesla Inc (US:TSLA or NASDAQ: TSLA), has been actively tweeting on cryptocurrency since the beginning of this year, expressing his love for the crypto market. His posts have contributed to t...
New Zealand to Impose Fundamental changes in its Relationship with Myanmar
February 10, 2021 03:49 AM AEDT| By Kunal SawhneyPrime Minister Jacinda Ardern made her stance about Myanmar clear at the press conference held post the cabinet session. As revealed by Nanaia Mahuta the foreign minister, there is going to be some major changes in the way New Zealand conducts itse.....
Canadians Line-Up To Invest In Cryptocurrency Market
February 10, 2021 03:28 AM AEDT| By Kunal SawhneyAfter Bitcoin flied to an all-time high, Canadians are actively searching for crypto exchange apps to enter the lucrative cryptocurrency market. Retail investors especially have been exploring options for crypto trading accounts. B.....
Huawei Moves Court against US Designation as National Security Threat
February 10, 2021 02:59 AM AEDT| By Team Kalkine MediaSource:Worchi Zingkhai, Shutterstock Summary Huawei files lawsuit in US court to overturn national security threat designation. Company profits drop by 40 per cent following US ban. US officials accuse Huawei of spying, stealing sensitive tec...
RBNZ reinstates lending restrictions to resolve NZ housing crisis
February 09, 2021 08:18 PM AEDT| By Team Kalkine MediaNew Zealand’s Central Bank (RBNZ) has finally intervened to find a solution to the housing market crisis. RBNZ decided to reimpose mortgage lending restrictions of pre-COVID-19 levels from March 1 and tighten them further from May 2021. This.....
Amazon’s green energy initiative: strikes deal to buy over 380MW of clean power
February 09, 2021 07:09 PM AEDT| By Team Kalkine MediaOnline retail giant Amazon (NASDAQ:AMZN) has progressed further on its commitment to make the Company a net-zero carbon emitter by 2040. The Seattle-headquartered firm signed an agreement to purchase 380MW of green energy produced from an offshore .....
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Tesla jumps on Bitcoin bandwagon, how is the crypto currency looking on charts?
February 09, 2021 06:25 PM AEDT| By Kunal SawhneyA big shot in the arm for Bitcoin bulls, the world’s biggest automobile company, by market cap, Tesla has invested USD 1.5 billion in Bitcoin. Copyright © 2021 Kalkine Media Pty Ltd The twitter discussion between Michael J. Saylor (Co-...
Will silver repeat the “gold story”?
February 09, 2021 06:10 PM AEDT| By Team Kalkine MediaThe silver price rise has been a sensational story so far. The white metal is trading above US$26 per ounce after 13 years. The price rose to nearly 20% in the last one week. The price movement of silver in 10 years (Image Source: Refinitiv Eiko.....
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SoftBank Q3 Net Profit Swells to $11 Billion On The Back Of Vision Funds
February 09, 2021 04:42 PM AEDT| By Team Kalkine MediaJapanese telecom and e-commerce conglomerate SoftBank Group Corp. has recorded one of the best earnings quarters ever. This huge success has been underpinned by clever investments in key assets through some of the company’s signature funds. .....
How global chip shortage is denting auto production plans
February 09, 2021 01:58 PM AEDT| By Team Kalkine MediaThe hopes for a speedy recovery in the automotive industry seem to be in jeopardy again. The global automakers were hit hard by the pandemic and had just begun to bounce back from its aftermath; however, another challenge has sent the industry into.....
Why US stock indices are trading at record highs
February 09, 2021 08:45 AM AEDT| By Kunal SawhneyThe three major US stock indices closed at record high levels on Monday amid hopes around additional coronavirus stimulus and economic recovery. The investors were optimistic after Treasury Secretary Janet Yellen said the United States could return.....
US mulls compulsory Covid tests for all domestic air passengers
February 09, 2021 06:38 AM AEDT| By Team Kalkine MediaSource: ETAJOE, Shutterstock Summary US considering compulsory COVID-19 test for all domestic flyers after reports of new variants emerge Center for Disease Control and Prevention (CDC) coordinating with other agencies to find out more ab...
Lens on 3 US mid-cap stocks – MicroStrategy, Herbalife Nutrition, National Beverage
February 09, 2021 05:16 AM AEDT| By Team Kalkine MediaSource:iQoncept, Shutterstock Summary Mid-cap stocks possess features of both small cap and large cap stocks and hence are considered useful in portfolio diversification. MicroStrategy shares have grown massively, surging ~587% in last year. T...
Marathon (MARA) & Riot Crypto Stocks Balloon With Bitcoin High
February 09, 2021 03:51 AM AEDT| By Hina ChowdharyCryptocurrency companies Marathon Patent Group Inc (NASDAQ:MARA, MARA:US) and Riot Blockchain Inc (NASDAQ:RIOT, RIOT:US) began Monday, February 8, with notable surges in their stock prices. While Marathon stocks were up by about 34 per cen.....
Dogecoin Roars On Elon Musk & Snoop Dogg Tweets
February 09, 2021 03:49 AM AEDT| By Kunal SawhneyThe world’s richest person has been tweeting in favor of a meme-based crypto coin, Dogecoin, for the last one month. In a series of Twitter posts, Mr Musk has called the mid-cap coin a rival of giant cryptocurrency bitcoin. Dogecoin&.....
Will 2021 add more glow to these healthcare stocks?
February 09, 2021 03:22 AM AEDT| By Team Kalkine MediaSource: PHOTOBUAY, Shutterstock Healthcare stocks have emerged as winners during the coronavirus pandemic, next to technology stocks. The healthcare sector got a boost especially because of biotech companies which received massive attention bec...
Bitcoin Hits Record $44,500-Mark On Tesla’s $1.5-Billion Investment
February 09, 2021 01:38 AM AEDT| By Kunal SawhneyBitcoin has made yet another record! The largest virtual coin touched the US$ 44,500-mark on Monday, February 8. The topline cryptocurrency surpassed its previous all-time high of US$ $42,002.55, with over 15 per cent surge. The surge came.....
Graphcore Calls on UK Regulator to Block Nvidia-Arm Acquisition
February 08, 2021 10:03 PM AEDT| By Kunal SawhneyUS-based computer systems design services company Nvidia Corporation (NASDAQ: NVDA) has got fresh resistance from Microsoft-backed Graphcore, which is an AI accelerator and machine learning chip developer, regarding the acquisition of Briti.....
Hyundai, Kia Deny EV Collaboration Reports with Apple
February 08, 2021 09:48 PM AEDT| By Team Kalkine MediaKorean automotive manufacturers Hyundai Motor Company (KRX: 005380) and Kia Motors (KRX: 000270) denied reports of partnership negotiations with technology giant Apple (NASDAQ: AAPL) to develop self-driving electric vehicles, in separate regulatory.....
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How Nickel Dispute Uncorked a Political Storm in French-ruled New Caledonia
February 08, 2021 07:57 PM AEDT| By Kunal SawhneyThe French-controlled island of New Caledonia is going through a political turmoil after its government collapsed after dispute over nickel assets sale. The crisis originated when five out of the total 11 members of the government executive resigne.....
