News

Three US giants declaring earnings this week

The earnings season in the US is going on, and this week could be crucial as three of the market’s favourites are about to declare their earning...

Top three GameStop stock’s alternatives

The GameStop (NYSE:GME) mania was one of the most hyped short squeeze events in the US. However, the buying frenzy seems to be running out of steam. G...

Ethereum Hits All Time High! Will It Cross $2,000-Mark?

Ethereum rose to a record high of US$ 1,761.35 on Friday, February 5, 2021, as the cryptocurrency market rallied. The world’s second-largest vir...

Australian Automotive Industry Back On Track As Vehicle Sales Pick U...

  The recently released data for new vehicle sales in Australia has further boosted hopes for a speedy recovery in the automotive industry. The...

Can Microsoft’s Bing impress Australians if Google opts out?

  Adding another chapter to the ongoing war between Australian Federal Government and the US tech giant duo Facebook and Google, Microsoft has j...

What is Dogecoin and why it is making a splash?

  Dogecoin is a cryptocurrency just like Bitcoin but with a much smaller market cap (about $6 billion). The currency was invented by two softwar...

 Ford Doubles Investment on EVs, Warns About Profit Decline 

  US-based automotive giant Ford (NYSE: F) has decided to nearly double its investment in electric vehicles (EVs) to US$ 22 billion through&nbsp...

Glencore Reports Bleak 2020 Numbers As Pandemic Bites

Anglo-Swiss multinational commodity mining and trading company, Glencore plc has unveiled its 2020 full-year production report with a significant fall...

Better than injection? All about nasal COVID-19 vaccines in the pipe...

The intramuscular route has been thought of as the ultimate way to administer a vaccine. However, intranasal vaccines have multiple advantages of thei...

Advertising Platform Magnite Inc Buys Spotx for $1.17bn

Magnite Inc (NASDAQ: MGNI), one of the largest independent sell-side advertising forums, has signed an agreement to buy SpotX, a video advertising gro...

Elon Musk, Back On Twitter, Sends Dogecoin Surging By 50%

Tesla CEO Elon Musk, back from a two-day Twitter break on Thursday, sent meme-based cryptocurrency Dogecoin surging by over 50 per cent to US$0.059 af...

Technical Overview of Global Tech Giants- Microsoft Corporation and...

Microsoft Corporation (NASDAQ: MSFT) has witnessed a sharp rally from the low of USD 212.03 on 15 January 2021 and made a new lifetime high of USD 245...

Crude Oil Rally Continues on Declining US Stockpile  

The latest Energy Information Administration (EIA) report with crude oil stockpile data has sparked celebrations across the oil industry. The trend in...

South 32 bid to extend the coal project stalled by NSW Commission

The New South Wales Independent Planning Commission (IPC) has blocked the application for extension of the life of Dendrobium coal mine in Wollongong....

Little Green Pharma (ASX:LGP) ships first order to Germany

Little Green Pharma Ltd (ASX:LGP) has dispatched its first commercial shipment of cannabis flower medicines. The shipment was exported to a German can...

Remdesivir drives Gilead’s Q4 FY20 sales, sales momentum likely to c...

American biopharmaceutical player Gilead Sciences Inc (Nasdaq:GILD) continues to play a central role in the COVID-19 pandemic, with its drug remdesivi...

Key Takeaways from Governor Lowe’s Speech

On the 5th of February, RBA governor Phillip Lowe presented his updated outlook for the Australian economy in his opening statement to the House of Re...

Myanmar Military Temporarily Shutters Facebook Access    

The military government in Myanmar has temporarily shut down access to social media platform Facebook. The move comes almost a week after the ouster o...

Ford Motor focuses on EVs; says semiconductor chip shortage to hit Q...

Michigan-headquartered Ford Motor Company announced today that it intends to increase investments in electric vehicles (EVs) and self-driving (or auto...

December retail sales fall as shoppers tighten purse strings

The Australian retailers suffered a drop in sales in December as shoppers pulled back from spending. The retail sales fell 4.1 per cent in December 20...