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Following the COVID-19 led slump in March 2020, the S&P/TSX Composite Index bounced back by 56 per cent in the last three quarters of the year. The index gained 2.2 per cent last year, led by surge rallies in technology, biotechnology, and gold s...

• January 26, 2021 12:20 AM EST
• Kunal Sawhney

  A joint study by Statistics Canada, a Canadian government organization, and the Bank of Canada has shown that Canadians have spent more on shelter, home operations and equipment, health and personal care, and recreational beverages during t...

• January 26, 2021 04:12 PM AEDT
• Hina Chowdhary

  Canada’s oil-dependent regions are already upset with new US President Joe Biden over Keystone XL’s demise. But the plans of an upcoming ‘Buy America’ order have left even more Canadian businesses worried. On the line...

• January 26, 2021 04:02 PM AEDT
• Kunal Sawhney

ns for futuristic applications.     Alphabet’s Loon balloons have shown how human ingenuity can help solve our complex problems. The project has failed not for the lack of expertise but because of the cost factor. Since its jo...

• January 26, 2021 04:00 PM AEDT
• Kunal Sawhney

Summary Tech behemoths Microsoft, Apple, AMD, Facebook, and Tesla will report their earnings by this week. These tech stocks have posted remarkable gains in recent quarters, buoyed by homebody economy. Nasdaq rallied 14 per cent by Monday midd...

• January 26, 2021 12:00 AM EST
• Hina Chowdhary

New Jersey-headquartered pharmaceutical giant Merck and Co. Inc (NYSE: MRK) said on Monday, 25 January, that it has terminated its Covid-19 (SARS-CoV-2) vaccine development programme. The decision to discontinue the vaccine programme is based on&nb...

• January 26, 2021 03:26 PM AEDT
• Kunal Sawhney

Canada’s benchmark TSX Composite Index charged up by over 60 points on Monday, January 25, after strong stock performance by tech, industrial, academic, and consumer non-cyclical segments. The index was up by 60.11 points, or 0.16 percent, to ...

• January 25, 2021 05:00 PM EST
• Team Kalkine

Summary Stocks of the TFI International soared north over its announcement to acquire UPS Freight. TFI expects to complete its transaction with UPS in the next quarter. It is paying US$ 800 million for the acquisition. The Toronto-based compan...

• January 25, 2021 11:47 AM EST
• Team Kalkine

Stocks of gaming company GameStop Corporation (NYSE:GME, GME:US) are still on the path of a dizzying upswing, posting a surge of about 103 per cent as the markets opened on Monday morning (11 AM EST). The scrips showed no signs of slowing down while ...

• January 25, 2021 11:18 AM EST
• Team Kalkine

Bitcoin prices are finally taking a breather after witnessing two consecutive worst weeks since its rally began in March 2020. Also Read: Ether At All-time High; Outperforming Bitcoin, Things You Should Know! Speculative Reasons Behind the Recent P...

• January 26, 2021 02:24 AM AEDT
• Hina Chowdhary

Since Bitcoin kicked off its rally from US$11,000 all the way to US$42000, it has been on the radar of many traders and investors. On top of that, seeing big funds and billionaire investors getting their hands on Bitcoin might give the retail trade...

• January 26, 2021 02:15 AM AEDT
• Kunal Sawhney

Summary Stocks of Palantir Technologies Inc jumped over 25 per cent on Friday, January 22, to close at an all-time high of US$ 32.58. Since its big Wall Street debut in September last year, Palantir saw its scrips surge by over 225 per cent in ...

• January 25, 2021 10:10 AM EST
• Kunal Sawhney

Summary Churchill Capital shares rose to their highest level ever at US$ 22.67 on Friday, January 22. The blank check company issued an official statement on January 19, saying that it will “not comment” on inquiries pertaining to a...

• January 25, 2021 08:32 AM EST
• Hina Chowdhary