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 TSX Edges Higher On Day 2, Up 0.18%

TSX Edges Higher On Day 2, Up 0.18%

February 17, 2021 09:20 AM AEDT| By Team Kalkine Media

The TSX Composite Index moved up for the second consecutive day and added approximately 32.51 points or 0.18% to 18,492.72 on Tuesday. Other broader indices also settled in a positive territory, with the S&P/TSX 60 adding 0.21% to 1,097.48, and t...

 US Markets End Mixed On Recovery, Earnings Forecast

US Markets End Mixed On Recovery, Earnings Forecast

February 17, 2021 08:46 AM AEDT| By Team Kalkine Media

US stock markets ended mixed on Tuesday in anticipation of positive retail earnings and steps by House Democrats to expedite a legislative version of President Joe Biden’s $1.9 trillion stimulus. The S&P 500 was down 0.06% to 3932.59. Th.....

 Bitcoin Rockets Past $50000-Mark, Sets Course For US$1-Trillion MCap

Bitcoin Rockets Past $50000-Mark, Sets Course For US$1-Trillion MCap

February 17, 2021 01:22 AM AEDT| By Ipsita Sarkar

Bitcoin’s blazing rally continued as the cryptocurrency breached the US$50,000-mark for the first time since its inception over 12 years ago. The crypto giant hit its all-time high price of US$ 50,584.85 on Tuesday morning (February 16) after...

 Will Plan to Spin Off Universal Music Keep the Momentum High for Vivendi?

Will Plan to Spin Off Universal Music Keep the Momentum High for Vivendi?

February 17, 2021 01:04 AM AEDT| By Kunal Sawhney

Shares of French media conglomerate Vivendi SA (PAR: VIV) rallied nearly 20 per cent on Monday to EUR 31.22 as the company announced its plans to list its profitable division Universal Music Group (UMG) by the end of this year. Last week, the Pari.....

 Nissan Denies Tying Up with Apple for Its Electric Car

Nissan Denies Tying Up with Apple for Its Electric Car

February 16, 2021 09:29 PM AEDT| By Team Kalkine Media

Japanese automobile company Nissan (TYO: 7201) announced that it was not in talks with technology major Apple (NASDAQ: AAPL) for developing its a self-driving electric car.   According to a Financial Times report, the companies had held brief.....

 Equity markets continue their uptrend; Crude oil rises to 13 months high

Equity markets continue their uptrend; Crude oil rises to 13 months high

February 16, 2021 04:40 PM AEDT| By Kunal Sawhney

On Tuesday, Global markets held the ground firmly and continued their bull run for the 12th straight session on the back of high optimism for the global economic recovery. The low-interest rates are also forcing investors to channelise their money .....

 Texans Struggle Amid Deadly Winters and Power Outages

Texans Struggle Amid Deadly Winters and Power Outages

February 16, 2021 02:44 PM AEDT| By Hina Chowdhary

Texas is facing a challenging situation due to the freezing temperature and rolling power blackouts across the state. As extreme weather conditions spiked the demand for electricity, the agency responsible for managing the electric grid has ordered.....

 Why is platinum at multi-year highs?

Why is platinum at multi-year highs?

February 16, 2021 02:35 PM AEDT| By Kunal Sawhney

Followed by the emphatic industrial metals’ price rally on the expectations of global economic improvements, the prices of the Platinum contract hit ~US$1,291 an ounce on 15 February 2021, highest since September 2014. The current platinum p.....

 US Dollar drops to 3-week low as vaccine optimism abounds

US Dollar drops to 3-week low as vaccine optimism abounds

February 16, 2021 12:16 AM AEDT| By Team Kalkine Media

significantly as it rose to its highest level in about three years pushing past USD1.39. Tuesday marked a three-week low for US Dollar and a three-year high for Sterling as news surrounding the vaccine injected optimism into investors. The Brit....

 A race against COVID-19: Meet five global vaccine developers in the fray

A race against COVID-19: Meet five global vaccine developers in the fray

February 15, 2021 08:34 PM AEDT| By Kunal Sawhney

Vaccine development typically requires years of research, testing and additional time for large-scale manufacturing. However, this time researchers across the globe raced against the clock to develop anti-coronavirus vaccines within a year amid the.....

 Bitcoin Continues to Zoom, Gold Investors Left Behind?

Bitcoin Continues to Zoom, Gold Investors Left Behind?

February 15, 2021 07:20 PM AEDT| By Kunal Sawhney

Bitcoin prices are going through the roof again with the digital currency reaching a record high of over USD 49K on 14 February 2021. So far, investors have been negatively correlating the digital asset with gold. However, the recent performance of...

 What is BNY Mellon’s latest initiative into the crypto world? 

What is BNY Mellon’s latest initiative into the crypto world? 

February 15, 2021 01:18 PM AEDT| By Team Kalkine Media

The geopolitical environment around the cryptospace is getting spiced up day by day with a plethora of information emerging in the market. After developments like a bill proposed by the Indian government to ban the currency, many positive news or sen...

 Disney nets 146 million paid subscribers in Q4

Disney nets 146 million paid subscribers in Q4

February 15, 2021 12:24 AM AEDT| By Team Kalkine Media

Source: Marko Aliaksandr, Shutterstock Summary The Walt Disney company revealed its December quarter results with Disney+ subscriptions being the major source of revenue during the quarter. The company reported that the total paid subscri...

 Shopify, Walmart to Report Q4 Earnings Next Week: What to Expect

Shopify, Walmart to Report Q4 Earnings Next Week: What to Expect

February 14, 2021 05:47 PM AEDT| By Hina Chowdhary

Shopify Inc. (NYSE: SHOP) and Walmart Inc. (NYSE: WMT) are expected to report their fourth-quarter earnings next week. Both the companies were expected to have performed relatively well in the quarter, supported by their increased online sales volu.....

 Q4 Earnings Show Market Resilience, Positive Growth

Q4 Earnings Show Market Resilience, Positive Growth

February 14, 2021 04:32 PM AEDT| By Kunal Sawhney

As one-third of the fourth-quarter earnings season already behind us, markets would be looking forward to ending the remaining period with a positive note. Most of the big companies, at least on the heavyweight S&P 500 index, have either beaten.....

 These 3 Stocks Could Be Your Valentine in 2021!

These 3 Stocks Could Be Your Valentine in 2021!

February 14, 2021 04:12 PM AEDT| By Ipsita Sarkar

Summary GreenPower Motor stocks rose by more than 280 per cent in the last year. Shopify stocks were at a record high of around C$1,842.58 on Friday morning. WELL Health stocks rose by 80 per cent in last six months. Love for these stocks.....

 Trump Escapes Conviction, Leaving Door Open for 2024 Run

Trump Escapes Conviction, Leaving Door Open for 2024 Run

February 14, 2021 03:28 PM AEDT| By Team Kalkine Media

Former US President Donald Trump escaped conviction in a Senate vote on Saturday on charges of inciting insurrection on the Capitol Hill, leaving the door open for another run in the 2024 elections. The sentencing motion was defeated in 57 guilty .....

 Three financial strategies for all single men or women

Three financial strategies for all single men or women

February 14, 2021 02:49 AM AEDT| By Hina Chowdhary

Are you a single man or woman? If yes, have you financially secured your future? Worries would be less for those who have secured their financial future. And for others, it’s time for a serious rethink. Since single people are sole financial .....

 Bloomberg Commodity Index hits a 26 month-high after demand growth surged

Bloomberg Commodity Index hits a 26 month-high after demand growth surged

February 14, 2021 01:43 AM AEDT| By Kunal Sawhney

The Bloomberg Commodity Index continues to recover as it rocketed to a 26-month high of USD84.05 on 9 February 2021. The Bloomberg commodity index incorporates 23 commodity futures, and all were trading at an all-time low during April 2020. The co.....

 Banning BBC another nail in the coffin of UK-China relations

Banning BBC another nail in the coffin of UK-China relations

February 13, 2021 09:28 PM AEDT| By Team Kalkine Media

Following the UK’s media watchdog Ofcom decision to disallow China Global Television Network to broadcast in the UK, the Chinese authorities on Thursday banned the BBC from being aired in its country.  The Chinese governm.....

Canadian AI All-Stars: Unveiling the Top Stocks for 2025

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