News

TikTok Jumping Through Hoops: Anticipated IPO & Hunt For A New CEO A...
September 18, 2020 04:16 AM EDT | By Team Kalkine MediaTikTok has become the hottest point of disagreement between the world’s biggest economies, the United States and China, which have battled over...

US stockpiles Dry up, a big boost for oil prices. Is oil headed high...
September 18, 2020 03:57 AM EDT | By Team Kalkine MediaU.S. crude oil stockpiles are declining as imports from Saudi Arabia are declining and exports rising. The exports have increased by 1.2 million barre...

How Are Global Crude Oil Giants Responding to the New Normal?
September 18, 2020 01:38 AM EDT | By Team Kalkine MediaSaudi Arabia, the world’s largest crude oil producer, has been supplying crude oil at a price lower than international prices to China in order...

Are Amazon, Tesla, and Alibaba the growth stocks in a slower economi...
September 17, 2020 11:56 PM EDT | By Team Kalkine MediaThe impact of COVID-19 pandemic on the stock market is one such black swan event that caught nearly everybody by surprise, and has possibly impacted t...

TSX Plunges as Technology Stocks Slides Again
September 17, 2020 11:10 PM EDT | By Team Kalkine MediaCanada’s TSX Composite Index ended lower for the second straight day amid the free fall of technology stocks on the New York Stock Exchange. The...

Shopify (TSX:SHOP), Ballard (TSX:BLDP) and Cronos (TSX:CRON) stocks...
September 17, 2020 10:11 PM EDT | By Team Kalkine Media [Feature Image Caption: Shopify, Ballard and Cronos emerged as the best performing stocks in the TSX30 list] Summary TSX30 is a ranking...

Bombardier Inc (TSX: BBD) and Air Canada (TSX: AC): Top Trending Sto...
September 17, 2020 10:11 PM EDT | By Kunal SawhneySummary Canadian investors have continued to show their faith in former top stocks of Bombardier Inc (TSX: BBD) and Air Canada (TSX: AC). Bombardi...
Suncor Energy under probe over alleged securities fraud
September 17, 2020 08:09 PM EDT | By Team Kalkine Media Pomerantz Law LLP is investigating claims on behalf of investors if Suncor and its officers engaged in securities fraud or other unlawful bu...
Amazon ropes in Quebec-based The Lion Electric Company for electric...
September 17, 2020 08:06 PM EDT | By Team Kalkine Media The Lion Electric Company, which manufacturers electric bus and trucks, will provide the e-commerce behemoth with 10 battery-powered deliver...
Record divestment in Canadian bonds & securities in July
September 17, 2020 08:04 PM EDT | By Team Kalkine Media Non-resident investors reduced their exposure to Canadian bonds and reduced securities holdings by C$ 8.5 billion in July. Canadian investo...
Zenabis launches public offering units worth C$ 6 Million
September 17, 2020 08:02 PM EDT | By Team Kalkine Media Zenabis Global Inc. (TSX: ZENA), medical and recreational cannabis producer, announced overnight marketed offering of units for gross procee...
Cannabis firm Fire & Flower posts revenue gain in Q2
September 17, 2020 08:00 PM EDT | By Team Kalkine Media Fire & Flower’s (TSX: FAF) revenue up 158 per cent to C$28.6 million in the second quarter 2020 (ending August 1). Adjusted EBITD...

Is the US set for low-interest rates for the next 3 years? The Fed b...
September 17, 2020 09:11 AM EDT | By Team Kalkine MediaThe US Federal Reserve Board announced a major policy change on 27 August to keep low-interest rates and allowed inflation to run above 2% to support...

Snowflake Debuts on The Exchange at Mind-Numbing Valuations, Price/S...
September 17, 2020 04:46 AM EDT | By Team Kalkine MediaSnowflake Inc. made a debut at the New York Stock Exchange on Wednesday, 16 September. With the backing of Warren Buffet’s Berkshire Hathaway, t...

The New York Stock Exchange (NYSE), a part of the Intercontinental Exchange Inc (NYSE:ICE), revealed the launch of the NYSE Bitcoin Index (INDEXNYSEGI...

Oracle eyeing TikTok operations as it spins off into a separate enti...
September 16, 2020 11:11 PM EDT | By Team Kalkine MediaSoftware giant Oracle is believed to be taking an ownership stake in the newly formed TikTok corporation. Oracle plans to team up with China's ByteDan...

S&P/TSX Composite Index Ends 3-Day Long Winning Streak, Down 0.83%
September 16, 2020 11:11 PM EDT | By Team Kalkine MediaThe S&P/TSX Composite Index doffed 135.61 points or 0.83% to close at 16,295.66 on Wednesday, ending its three-day long winning streak. Industrial...

Snowflake and Kodak: 2 Trending Stocks on Canadian Investors’ Radar
September 16, 2020 11:00 PM EDT | By Team Kalkine Media Canadian investors woke up to a buoyant Wednesday, lifted by the early morning gains of the TSX composite index that climbed by 0.32 per cent...

Is Bitcoin Revolution for real? How do you trade it?
September 16, 2020 09:21 PM EDT | By Team Kalkine MediaIn the sea of automated trading systems, it is easy to get confused while choosing the best one. Most systems promise a fast capital, with only a half...
FedEx Posts Profit, Higher Sales In Latest Quarter Report
September 16, 2020 02:08 PM EDT | By Team Kalkine Media FedEx Corp (NYSE: FDX or FDX:US) ground-delivery sales surged by 36 per cent to US$7 billion in the first quarter (ending August 31) report....
Canadian AI All-Stars: Unveiling the Top Stocks for 2024