News
Will the US Markets Continue Bullish Momentum?
March 01, 2021 02:36 AM GMT| By Team Kalkine MediaSource: Mike Flippo ,Shutterstock Summary The S&P 500 has broken the major resistance zone on the weekly chart and now prices are getting major support from the Parabolic SAR indicator. On the weekly charts, the S&P 500 is trading...
Australia crowned as the most attractive region for mining investors
March 01, 2021 12:57 AM GMT| By Team Kalkine MediaSource: FOTOGRIN,Shutterstock Summary Australia featured on the list of the most attractive regions in the world for mining investment. US state Nevada showed a tremendous improvement and bagged the top position in the 2020 Investment Att...
Higher bond yields: What it means for your portfolio?
March 01, 2021 12:17 AM GMT| By AayushSource: Mike_shots ,Shutterstock Summary The US 10-year treasuries’ yield surpassed 1.6 per cent, highest in one year. Higher bond yield is theoretically bad for equity markets. However, high economic growth can offset the negative...
Is Bitcoin’s rally coming to a halt?
March 01, 2021 10:47 AM AEDT| By AayushSource: Craig Hastings,Shutterstock Summary Bitcoin has slid by almost 22 per cent last week, its worst weekly fall in over a year. Bitcoin has faced selling pressure just when the global equity markets are falling due to rising bond yiel...
COVID-19: Auckland Slips Back Under Lockdown 3
February 28, 2021 06:29 AM GMT| By Manikatrong> Rest of New Zealand is under under lockdown 2 New Zealand’s biggest city Auckland is under a lockdown level-3 for seven days starting from February 28. The Prime Minister, of New Zealand, Jacinda Adern said that t...
Easy-To-Use J&J COVID-19 Vaccine: How Effective Is It?
February 28, 2021 06:24 AM GMT| By Manikai> It’s efficacy in preventing severity is 82% The big question about Covid-19 today is: Will the new variants outpace the vaccines? Will the scientist match up with new vaccines to match up to the new variants. In...
America’s $1.9 trillion COVID-19 Relief Package Passed in the House, What’s next?
February 28, 2021 06:15 AM GMT| By Manikang the Bill passed as the previous employment aid programe expires America’s major rescue plan of $1.9 trillion for coronavirus pandemic which was passed in the House on Saturday is now headed to the Senate. The Senate is expected to sta...
Airbnb Raises Recovery Optimism Despite Weak Results
February 28, 2021 02:09 AM GMT| By Suhita Poddarhe whole of 2020. However, the company has fared better than its rival companies. The coronavirus pandemic continues to weigh on the travel industry across the world amid the growing number of cases and further implementation of restrictions. U...
Two COVID-19 vaccines that are helping the world get over the pandemic
February 27, 2021 01:20 PM GMT| By Team Kalkine MediaSource: siam.pukkato, Shutterstock Summary Pfizer-BioNTech and Oxford-AstraZeneca’s respective COVID-19 vaccines were found to have reduced hospitalization in the UK. The two vaccines also proved effective against the contagious UK varia...
Cryptocurrency Boom: Blockchain Stocks to Look for In 2021
February 27, 2021 05:37 PM AEDT| By AbhijeetSource: pedrosala, Shutterstock Summary Investors might consider taking indirect exposure in digital currencies by investing in London listed blockchain stocks. Blockchain stocks have delivered staggering returns in recent times. World&rs...
US Stocks End Week Mixed on Rate Fears, Bond Yield Rise
February 26, 2021 09:32 PM GMT| By Team Kalkine MediaSource: Cezary Piwowarski ,Shutterstock Summary S&P 500 shed 0.48%, Dow Jones plunged 1.50%, and NASDAQ was up 0.56%. Real estate, financials, industrials, energy, and consumer cyclicals saw muted gains. Berkshire Hathaway Inc. to pr...
How the UK Markets’ performed after rising bond yields; Bitcoin tumbled below $50,000
February 26, 2021 09:27 PM GMT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 6.89 points or 0.18 per cent higher at 3,836.23, Dow Jones Industrial Average I...
Bitcoin: A New Asset Class Or Greatest Bubble Of All Time?
February 27, 2021 08:01 AM AEDT| By Team Kalkine MediaSource: 3Dsculptor , Shutterstock Summary Bitcoin as a cryptocurrency does not completely fulfills the mandatory qualities of an asset class. Technology based on blockchain makes bitcoin attractive for online transactions and are immune t...
ECR Minerals: A Gold Exploration Company That Has Given 300% Return in A Year
February 26, 2021 12:51 PM GMT| By Team Kalkine Mediaducing province of Australia, is in the midst of yet another gold rush ECR Minerals Plc (LON: ECR) is a budding gold exploration company, which is on its way to deliver the next ‘Multi-Million Ounce’ gold resource in Victoria, Austra...
Blue Origin, Virgin Galactic delay trip to space
February 26, 2021 12:01 PM GMT| By Team Kalkine Mediaits spaceflight test from February 2021 to May 2021 due to corrective work going on. As per the reports, two major space ventures have postponed the schedules of their respective space trips. These include Jeff Bezos' Blue Origin, which delayed...
UK car sector seeks breather from Sunak in Budget 2021
February 26, 2021 07:25 AM GMT| By Team Kalkine Mediay’s concerns are not met, it might miss on its environment goals as well. Car output in January for Britain dropped by 27 per cent year-on-year hit by dealership closures, global supply chain disruptions and change in trading terms wi...
Tesla (NASDAQ:TSLA) Competing With Fast-Growing China Based EVs
February 26, 2021 03:14 AM GMT| By Mark O'DonnellSource: Ascannio ,Shutterstock Summary Investors in China based EV manufacturers hope the companies would build upon their success in China and grab some of Tesla’s global market share. The leading Chinese EV brand Nio has proved in...
3 Stocks Warren Buffett recently bought
February 26, 2021 10:05 AM AEDT| By Aayushsecond-largest mobile network carrier in the US for a total of US$617 million. Every quarter, fund managers holding more than US$100 million in assets under management needs to disclose their holdings to the Securities and Exchange Commission. ....
MicroStrategy spends US$1 billion to buy more Bitcoins
February 26, 2021 09:28 AM AEDT| By AayushSource:Yourg ,Shutterstock Summary MicroStrategy has bought 19,452 more Bitcoins for an average price of US$52,765 per Bitcoin, totalling to a whopping US$1 billion purchase. Now the company holds 90,531 Bitcoins with a current valuation of ar...
Bitcoin Mania- Bubble or Boom?
February 26, 2021 09:11 AM AEDT| By AayushSource: Phongphan,Shutterstock Every asset’s price that moves quite rapidly in a very short span of time often gets dragged into the debate of “Bubble or a Boom?”. Bitcoin has a history of encountering one of the biggest bubbles of...