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US Indices Edge Higher As Tech Stocks Rally, Bond Yield Drops
March 09, 2021 04:51 PM EST| By Team Kalkine MediaSource: Anikin Denis,Shutterstock Summary S&P 500 rose 1.42%, Dow Jones was up 0.10%, and NASDAQ gained 3.69%. The 10-year Treasury bond yields declined 3.59% to 1.537 on Tuesday. Zoom Video’s Eric Yuan transfers US$6 billion w...
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Australia warns against protectionism on Italy's vaccine export block
March 09, 2021 12:55 AM EST| By Team Kalkine MediaSource: Seasontime, Shutterstock Summary Australian government triggers a warning against vaccine protectionism on the vaccine export block from Italy. The country has asked the European Commission to review Italy’s decision. The govern...
Amazon-backed Deliveroo set for London IPO with Dual-Class Structure
March 08, 2021 09:51 PM EST| By Team Kalkine MediaSource: zaozaa19,Shutterstock Summary Deliveroo, a British food delivery firm, is set to launch its IPO, expected to be London's biggest listing in several years. The plan follows strong business traction during 2020. The com...
Legacy Automakers Transitioning to EV by 2030
March 08, 2021 08:53 PM EST| By Mark O'DonnellSource: Virrage Images,Shutterstock Summary Legacy Automakers are ramping up EV production, with many signalling a complete transition to EV within the decade. Electrified versions of popular makes and models are being pushed out over the...
US Stocks End Mixed Amid Recovery Hopes, Bond Selloff
March 08, 2021 04:43 PM EST| By Team Kalkine Mediaden’s US$1.9 trillion relief bill set for a final Senate vote on Tuesday. US stocks ended mixed on Monday ahead of a crucial Senate vote on President Joe Biden’s US$1.9 trillion stimulus package this week, even as investors continued...
Why Is Goldman Sachs Group Inc Planning to Resume Its Cryptocurrency Desk?
March 08, 2021 08:56 AM EST| By AbhijeetSource: Chinnapong, Shutterstock Summary A study by Goldman Sachs has found renewed interest in the group’s digital assets. Media reports had said that the group would now be dealing in bitcoin futures, non-deliverable forwards. Ami...
Week ahead: Will ECB cap the rising bond yields?
March 08, 2021 05:31 AM EST| By Team Kalkine MediaSource: Freedomz, Shutterstock Summary The decision about rising sovereign bond yields is on the cards as the European Commercial Bank (ECB) meets on Thursday. Experts said if left unchecked, it may reverse the process of economic recovery. T...
Rocket Lab Refuels To Compete With SpaceX
March 08, 2021 02:06 AM EST| By Mark O'DonnellSource: Oleg_Yakovlev, Shutterstock Summary Rocket Lab is set to list on the Nasdaq in the second quarter of 2021. Rocket Lab will use the listing to gain funds to build bigger rockets. The US-NZ Company is targeting SpaceX’s marketspac...
Merck/Ridgeback’s COVID-19 oral drug shows promising Phase 2 data
March 07, 2021 11:25 PM EST| By Team Kalkine MediaSource:zstock,Shutterstock American pharmaceutical behemoth Merck (NYSE:MRK) and Ridgeback Biotherapeutics LP disclosed preliminary findings from Phase 2a double-blind, placebo-controlled, randomised trial for evaluating the safety, tolerability, an...
Social Media Buzz: What Is VanEck Vectors ETF?
March 07, 2021 10:52 PM EST| By Mark O'DonnellSource: Peshkova ,Shutterstock A new ETF was launched last Thursday in the US. The ETF is designed to track the stocks receiving considerable social media mentions and attention. VanEck Vectors Social Sentiment ETF (BUZZ:NYSE Arca) is comprised...
Who topped the list of US Economic Freedom Index, who got axed
March 07, 2021 08:56 PM EST| By SonalSource: MotionEmo,Shutterstock Summary Heritage Foundation unveiled its annual ranking of freest economies in the world. Singapore tops the list with Vietnam stepping into moderately free category for the 1st However, Hong Kong was remov...
Will New Caledonian Deal Allay Tesla's Nickel Shortage Fears?
March 07, 2021 08:53 PM EST| By Team Kalkine MediaSource: franz12,Shutterstock Summary Tesla has secured greater control over nickel supply with the execution of a partnership with the New Caledonian government. The decision comes amid surging demand for electric vehicles and growing con...
Bitcoin Stays Below $50,000 As Worries Over Digital Yuan Resurface
March 07, 2021 05:09 AM EST| By Abhijeetrsquo;s expected launch of a CBDC has seemingly jeopardised the prospects of crypto-assets Bitcoin has been trading below the level of $50,000 for the last couple of days as worries surrounding the introduction of digital yuan resurfaced with th...
EU To Ask the US to Export AstraZeneca/Oxford Vaccine: Report
March 07, 2021 04:58 AM EST| By Suhita Poddarn programme in December but is lagging behind the UK and US due to a shortage of jabs. Unable to address the supply shortage of AstraZeneca’s Covid-19 vaccines, the European Union has turned to the United States to export the millions of d...
VC Funds To Female-Founded Firms Drop Notably In 2020: Show Studies
March 06, 2021 08:32 PM EST| By Team Kalkine MediaSource: Worawee Meepian, Shutterstock Summary Venture funds to female-founded start-ups declined globally by around 27 per cent in 2020. The number of female-founded start-ups grew significantly since 2015. VC funds to such companies in the U...
US Stocks Edge Higher On Positive Jobs Report, Stimulus Hopes
March 05, 2021 08:19 PM EST| By Team Kalkine MediaSource: solarseven, Shutterstock Summary S&P 500 gained 1.95%, Dow Jones was up 1.85%, and NASDAQ added 1.55%. Senate finalizes President Joe Biden’s US$1.9 trillion relief bill for approval. Brent crude oil futures rise as OPEC &am...
Electric Vehicles Then & Now: Tracing The Near 200-Year History
March 05, 2021 10:55 AM EST| By Shreya Biswas©Kalkine Group 2021 What’s the first thought that comes to your mind when you think ‘electric vehicle’? Expensive? Eco-friendly? Sleek? Have you ever thought, “Hmm, that’s from a couple of hundred years ago,&rdqu...
Can Stocks Beat Inflation and Bond Worries To Wrap Up The Week?
March 05, 2021 05:31 AM EST| By Ipsita SarkarSource: macgyverhh, Shutterstock Summary Rising treasury bond yields may continue to play spoilsport for the stock markets. Improvement in the economy has opened doors for other investment options. Fed likely to maintain an easy monetary poli...
Did you miss these updates on Oxford University-AstraZeneca’s COVID-19 Vaccine?
March 04, 2021 11:34 PM EST| By Team Kalkine MediaSource:Viacheslav Lopatin,Shutterstock Summary German vaccination authority has given the green light to Oxford-AstraZeneca’s COVID-19 vaccine for use in seniors. Canada has received the initial shots of the Oxford-AstraZeneca COVID-19 v...
4 Foreign Stocks Hitting It Out Of The Park In The US
March 04, 2021 09:56 PM EST| By Mark O'Donnellbled as it firmly establishes itself as the go-to e-Commerce brand across South America. Investors have typically been conservative while acquiring foreign stocks, preferring to stick with home-based businesses. Source: © Danp68 | Megapi...
