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News
Snowflake Debuts on The Exchange at Mind-Numbing Valuations, Price/Sales >100x
September 17, 2020 06:46 PM AEST| 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, the market hype around the stock remained immense, sending the stock over 100% on the first day of .....
What is NYSE Bitcoin Index?
September 17, 2020 06:13 PM AEST| By Edita IvancevicThe New York Stock Exchange (NYSE), a part of the Intercontinental Exchange Inc (NYSE:ICE), revealed the launch of the NYSE Bitcoin Index (INDEXNYSEGIS:NYXBT) back in May of 2015. The launch of NYXBT meant that there would be a standard index for b.....
Oracle eyeing TikTok operations as it spins off into a separate entity
September 17, 2020 01:11 PM AEST| 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 ByteDance in order to keep TikTok operating and running in the United States. Until a few days bac.....
Is Bitcoin Revolution for real? How do you trade it?
September 17, 2020 11:21 AM AEST| 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 an hour a day spent using the app. One of them is Bitcoin Revolution, which caused a lot of contr.....
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Unveiling Sinusoidal Trend of Rocket Companies’ Share Price
September 16, 2020 05:34 PM AEST| By Team Kalkine MediaShare price of Rocket Companies, Inc. (NYSE: RKT) has been on a roller-coaster ride ever since its Initial Public Offering (IPO) in early August. The Company has witnessed a high of US$34.37 and low of US$18.31 within days of commencing trading at .....
How does Bitcoin Circuit work?
September 16, 2020 05:07 PM AEST| By Edita IvancevicBitcoin Circuit is one among many automated trading systems, which is being promoted as a platform that makes its users rich. Similar platforms are famous within the younger population that wants to get rich in a fast and easy way, as those platfor.....
NZ GDP to contract in June quarter, but a quick bounce back expected in Q3
September 16, 2020 03:35 PM AEST| By Team Kalkine MediaNew Zealand government led by PM Jacinda Ardern has garnered international accolades for pursuing the policy of going tough and going early in imposing lockdowns to curb the spread of coronavirus. NZ’s coronavirus free run for 102 days ended.....
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Kiwi’s Thirst for Travel Re-Ignites, Air New Zealand Sells 110k Tickets
September 16, 2020 03:06 PM AEST| By Team Kalkine MediaWhile the travel sector has been one of the worst hit in the face of COVID-19 crisis, Air New Zealand (NZX:AIR) is under the spotlight for reflecting some signs of revival for the sector amidst relaxed social distancing norms. The government of Ne.....
Emerging Trends in Health and Fitness Industry While Economy Reopens
September 15, 2020 11:11 PM AEST| By Team Kalkine MediaLast week when Australian Prime Minister Scott Morrison discussed ending border closure, he also spoke on complete economic reopening soon for the nation to come together at Christmas. However, Victorian Premier Daniel Andrews announced a roadmap o.....
Robinhood the new wall-street piped piper drawing retail investors in hoards, What is driving this trend?
September 15, 2020 11:00 PM AEST| By Team Kalkine MediaStock trading has always been deemed risky. Still, for many long-haul investors, stock trading has been a passion. In contrast, few enter to make quick bucks. With the pandemic making stock markets volatile globally, a new set of retail invest.....
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US-China Ongoing Spat: A Glance at Recent Developments
September 15, 2020 08:41 PM AEST| By Team Kalkine MediaBy now, most people are familiar with the trade war between the US and China. The trade war started way back in 2018, where the two were seen imposing heavy taxes on import of the goods of one another. The US President blamed China for exercising u.....
How has COVID-19 affected bitcoin price?
September 15, 2020 06:36 PM AEST| By Edita IvancevicCOVID-19 has brought many fiat currencies into trouble, resulting in disturbed financial markets. For this reason, investors find cryptocurrencies more attractive during unprecedent times, as cryptos do not behave as fiat currencies in the market. .....
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Why are AstraZeneca and Pfizer Share Price Under Investors’ Radar?
September 15, 2020 05:28 PM AEST| By Team Kalkine MediaThe COVID-19 storm that has created havoc in the world, is not showing any signs of abating with the world witnessing an ongoing increase in the number of new cases daily. According to the WHO (World Health Organization), globally, there have been .....
TikTok’s US operations to go Oracle way as Microsoft bid fails
September 15, 2020 02:18 PM AEST| By Team Kalkine MediaThe week commenced on a good note for Oracle Corporation, ahead of the 20 September 2020 deadline for the deal to be closed by ByteDance. The Trump administration had threatened to ban TikTok by 20 September 2020 following the issuance of the exec.....
SoftBank sheds assets, is it getting ready to go private?
September 14, 2020 08:44 PM AEST| By Team Kalkine MediaSoftBank Group Corp. (TYO:9984) share price surged 8.96% to settle the day at $6,385 on 14 September after the Company announced that it entered into an agreement to sell British chip designer Arm Holdings to Nvidia Corporation, ending SoftBank&rsq.....
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San Francisco goes all orange, Is New Zealand the north star for 21st-century house hunters?
September 14, 2020 07:37 PM AEST| By Team Kalkine MediaHouse prices in New Zealand have hit a record high amid COVID-19 as sales improved after lockdown and people looked at renovating their homes due to increased amount of time spent there. As per the latest sales figures from Real Estate Institute o.....
Banks raise an alarm as RBNZ Governor prepares for Negative Interest Rate
September 14, 2020 05:47 PM AEST| By Team Kalkine MediaThe ongoing COVID-19 pandemic has hit businesses, disrupted supply chains, and threw the economies into a recession across the globe. Central banks of some of the leading countries are taking into consideration negative interest rates to combat the.....
China’s Exports Show Striking Growth Momentum While Imports Topple Amid Escalated Tensions
September 14, 2020 02:34 PM AEST| By Team Kalkine MediaChina’s hegemonic appetite serving as a major factor seems to have exacerbated the bitterness of its relationship with several nations. Despite its growing tensions with several economies, China’s trade scenario seems to ride out the st.....
Wall Street Blue-Chip Citigroup Appoints New CEO Jane Fraser; A Water Break Moment for Women Leadership?
September 13, 2020 12:15 AM AEST| By Team Kalkine MediaIn its 2030 sustainable development plan, the United Nations has outlined 17 Sustainable Development Goals (SDG) that need urgent action by all for peace and prosperity for people and the planet. One of its goals is gender equality. It means that t.....
Uber luxurious Edgewater trophy home grabbed for $95 million
September 13, 2020 12:10 AM AEST| By Team Kalkine MediaOne of the most expensive residential properties known as Edgewater is believed to be bought by the gold mining businessman "John" Changjin Li. The new buyer is believed to have purchased the waterfront trophy property for about $95 million.....
