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S&P, NASDAQ retreat as growth stocks slip
July 15, 2021 02:54 PM PDT| By Sanjeeb BaruahThe blue-chip S&P 500 and tech-heavy NASDAQ Composite closed lower on Thursday, July 15, weighed down by technology, energy, and consumer discretionary stocks after positive labor data. The S&P 500 fell 0.33% to 4,360.03. The Dow Jones was u...
Avast shares inched higher by 18.13% on possible merger news; FTSE 100 down 1.12%
July 15, 2021 07:22 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 18.78 points or 0.43 per cent lower at 4,355.60, Dow Jones Industrial Average index dipped by 12.59 points or 0.04 per cent lower at 34,920.64...
What’s buzzing around these 3 FTSE stocks: Barratt, Boohoo, Kanabo
July 15, 2021 03:44 PM BST| By Kamalika GhoshSummary Barratt completed 17,243 homes in 2021, an increase of over 36% as compared to 12,604 in the previous year. Boohoo has entered into a collaboration agreement with Alshaya Group of Kuwait Kanabo’s novel vape cartridg.....
Focus on 5 FTSE-listed real estate stocks amid housing market boom
July 15, 2021 02:10 PM BST| By Team Kalkine MediaSummary House prices in May rose at the fastest pace since the financial crisis of 2008. Many homebuyers hurried to take last-minute advantage of the tax holiday in parts of the UK. Northwest recorded a 15.2% jump in prices, the sharpest.....
Why are Avast shares on fire?
July 15, 2021 01:53 PM BST| By Kamalika GhoshSummary Avast Plc is in advance talk with US-based NortonLifeLock Inc. for a possible merger. It is anticipated that the combination of both the companies will provide long term shareholder value and innovative products for the customers. .....
5 FTSE stocks that may get impacted from new face mask rule
July 15, 2021 09:59 AM BST| By Kamalika GhoshThough not mandated by law, the government has recommended shoppers wear face masks Monday onwards, when the last of the Covid-related restrictions would be lifted on 19 July. The government has left it to firms to decide what their safety policies.....
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Top 10 micro-cap stocks for 2021
July 15, 2021 07:21 AM BST| By Suhita PoddarSummary Microcap stocks have recently been among the best performing sectors in the UK. Despite their returns, they carry higher risk and liquidity challenges compared to large cap stocks. Investors are increasingly looking towards i.....
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Top 5 FTSE retail stocks for July
July 15, 2021 06:52 AM BST| By Suhita PoddarSummary The UK reported a 13.1% surge in retail sales in June 2021 and for the second quarter of 2021, sales were up by 10.4%, as per the British Retail Consortium. Exceptional growth was possible because of ease in lockdown and higher co.....
US stocks edge higher on Powell's dovish testimony
July 14, 2021 02:43 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 14, after Fed chief Jerome Powell reiterated at a Congressional hearing that inflation is transitory and the economic recovery is on the right path. The S&P 500 was up 0.12% to 4,374.30. The...
Record Rise in UK Inflation & Stronger Pound Dragged FTSE 100 Lower by 0.47%
July 14, 2021 07:32 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 0.99 points or 0.02 per cent higher at 4,370.20, Dow Jones Industrial Average Index dipped by 12.10 points or 0.03 per cent lower at...
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Top 5 FTSE-listed shares for July
July 14, 2021 04:09 PM BST| By Kamalika GhoshSummary Investing in the stock market can get better returns in the long term than a savings account. Some stocks that could be worth noting include Bloomsbury, Auto Traders, among others. Investing in the stock market could be greatly rew.....
What is Small Love Potion (SLP) crypto? Why is it gaining?
July 14, 2021 03:56 PM BST| By Suhita PoddarSummary Small Love Potion (SLP) is an ERC-20 token that can be accessed on the blockchain-powered Axie Infinity ecosystem Success of the SLP crypto can be attributed to the robust adoption of Axie Infinity gaming ecosystem SLP farming is emerg.....
Why is Newcrest Mining (ASX: NCM) share price climbing?
July 14, 2021 03:46 PM BST| By Kamalika GhoshSummary Newcrest Mining (ASX: NCM), the Australian mining firm’s share were up 2.72 per cent, rising for the third day in a row. The shares of Newcrest with a market capitalisation of AU$21.20 billion, have a year-to-date return of .....
Who are the top 5 lithium battery manufacturers in UK?
July 14, 2021 03:11 PM BST| By Suhita PoddarSummary Lithium has risen in popularity in recent years as electric vehicles have started gaining mass attention. Li-ion cells have several industrial uses, notably for the development of batteries for EVs. Lithium has several indust.....
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FTSE 100 trades in negative zone reacting to rise in June Inflation
July 14, 2021 02:54 PM BST| By Suhita PoddarSummary FTSE 100 trades in the negative zone after higher-than-expected UK inflation of 2.5%. Investors took safe bets in banking and commodities amid fear of inflationary pressure. FTSE 100 is trading in red, down by 41 points at 70.....
Boohoo struggles to keep co-founder away from $100-m US lawsuit
July 14, 2021 11:51 AM BST| By Suhita PoddarSummary The US $100-million lawsuit has accused the online retailer of using fake sales and promotions to mislead shoppers in the US. The lawsuit has been filed by US firms Almadani and AI LawLawyers. If the claims are proven, Boohoo may.....
Lloyds, NatWest and Barclays in focus as BoE scraps dividends pay out restrictions on banks
July 14, 2021 11:37 AM BST| By Suhita PoddarSummary Bank of England has scrapped dividends pay out restrictions imposed in March last year. Banks can now once again pay dividends to their shareholders after the significant recovery in the economy. Investors would be eyeing top ban.....
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Why was Royal Mail (LON: RMG) share buzzing?
July 14, 2021 09:59 AM BST| By Team Kalkine MediaSummary Postal and courier company Royal Mail released a new stamp collection featuring UK’s marine wildlife. Royal Mail’s shares have risen over 230 per cent in the last year due to covid-19 induced rise in online shopping. .....
US stocks close flat on inflation data
July 13, 2021 02:53 PM PDT| By Sanjeeb BaruahUS stocks traded flat on Tuesday, July 13, after the latest government data showed that inflation surged at an annual rate of 5.4% in June, the highest in 13 years, amid a strong economic rebound. The S&P 500 was down 0.35% to 4,369.21. The Dow...
US Consumer Price Index Rose 5.4% in June Against Last Year; FTSE 100 Flat
July 13, 2021 07:14 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 5.97 points or 0.14 per cent higher at 4,390.60, Dow Jones Industrial Average Index dipped by 40.53 points or 0.12 per cent lower at...
