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US Stocks End Lower Amid Recovery Woes, Mortgage Rate Spike
March 04, 2021 04:46 PM EST| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. Summary S&P 500 was down 1.34%, Dow Jones shed 1.11%, and NASDAQ plunged 2.11%. Ten-year treasury bond yields were up 5.33% to 1.548 on Thursday. The 30-year mortgage rates rose...
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Will ByteDance Bite The Bait of China’s Lucrative Auto Space?
March 04, 2021 04:24 PM EST| By Ipsita Sarkare. QCraft executives previously worked at Tesla and Uber. Chinese social media giant ByteDance Ltd. could be eyeing to grab a slice of China’s expanding auto industry, dubbed as world’s largest vehicle market. The owner of the TikTo...
Meme Stocks Can Backfire, Just Look At Hertz
March 04, 2021 11:35 AM EST| By AnujSource: JomNicha, Shutterstock Before the Reddit-fueled rally of 2021, retail traders had heavily boosted the penny stocks of bankrupt rental car firm Hertz Global Holdings (HTZGQ:US, OTCPK: HTZGQ) in 2020 to reap maximum profits. Fast forward to T...
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Why Google Won’t Look For User Cookies Any More?
March 04, 2021 04:23 AM EST| By Ipsita Sarkarogle accounted for more than half of all global digital ad spending last year. Google won’t be prying on your browsing history after all. The California-based company said on Wednesday that it will stop tracking people’s internet dat...
What’s fuelling the surge in Bond Yields?
March 04, 2021 02:31 AM EST| By Team Kalkine Mediaof jobs with policies potentially enhancing the positive sentiment in the market. The surge in US treasury yields has impacted global economies, stirring the pot for already vulnerable international markets. The sudden increase in the 10-year tr...
SpaceX’s Starship prototype explodes after a seemingly successful landing
March 03, 2021 10:54 PM EST| By Aayushn Musk plans to send people to Mars by as soon as 2023 via these starships. Space Exploration Technology Corporation (SpaceX) had yet another flub that involved its Starship rocket prototype. On Wednesday, SpaceX’s unmanned rocket prototyp...
Are Cruise-Ship Stocks Turning Bullish In 2021?
March 03, 2021 08:55 PM EST| By Mark O'DonnellSource:Smit,Shutterstock Summary Positive indicators are towing Cruise stocks into bullish territory. Royal Caribbean will begin cruising out of Israel with vaccinated passenger in May. Carnival expects to return 24 liners into service by the...
US Stocks Continue To Fall On Fed Policy Worries, Bond Yields
March 03, 2021 04:39 PM EST| By Team Kalkine MediaSource: Phongphan ,Shutterstock Summary S&P 500 dropped 1.31%, Dow Jones shed 0.39%, and NASDAQ plunged 2.70%. Treasury bond sell-offs spike market volatility, trigger inflation worries. The 10-year US Treasury bond yield surged 3.67...
Which Stocks Are Searched By The Retail Investors For investment?
March 02, 2021 11:59 PM EST| By Mark O'DonnellSource:Mihai_Andritoiu,Shutterstock The retail activism on the US stock exchanges has continued into March as well. It all started with GameStop Corp (NYSE:GME) in January but has not stopped there. Source: © Brodogg1313 | Megapixl.com The...
Electric Vehicles: 6 Stocks To Watch Out For in 2021 Apart From Tesla
March 02, 2021 10:13 PM EST| By Mark O'DonnellSource: Smile Fight,Shutterstock Tesla Inc (NASDAQ:TSLA) is the highest-selling EV brand in the world, and an investor’s favourite. Tesla stock has risen 370% in the past year. On 2 March, Tesla last traded at US$686.44, declining b...
Ant Group Rekindles IPO Hopes
March 02, 2021 09:39 PM EST| By Team Kalkine MediaSource: VideoFlow,Shutterstock Summary Ant Group is working towards a short-term liquidity solution for employees. The top management has confirmed its intention of getting the company listed after resolving issues with authorities....
Chinese hackers breach Microsoft email security
March 02, 2021 09:36 PM EST| By Team Kalkine MediaSource:Volodymyr,Shutterstock Summary Microsoft confirms of being targeted by supposedly a state-sponsored hackers’ group from China. In an attempt to conduct cyberespionage, hackers exploited the flaws in Microsoft email sof...
US Stocks End Lower On Lingering Worries Over Volatility, Recovery
March 02, 2021 04:47 PM EST| By Team Kalkine MediaSource: Sodel Vladyslav,Shutterstock Summary S&P 500 dropped 0.81%, Dow Jones plunged 0.46%, and NASDAQ shed 1.69%. Most industry sectors that were up in the previous session declined on Tuesday. Ten-year US Treasury Bond yields dropped 2...
Citi report: Bitcoin, the ‘North Star’ of cryptocurrencies, at a tipping point
March 01, 2021 09:52 PM EST| By Team Kalkine MediaSource: Iaremenko Sergii ,Shutterstock Summary As per a Citi report on bitcoin, the digital cryptocurrency is at a tipping point and can be the currency of choice for international trade. Gradually, bitcoin is entering the mainstream. How...
Housing Unaffordability Rising Faster In Western Countries
March 01, 2021 09:39 PM EST| By Mark O'Donnellfastest and is tracking to surpass Vancouver, Sydney, and Hong Kong in the future. Hong Kong’s limited space and high population have helped the country’s housing market retain the title as the most unaffordable for the past decade.....
US Stocks Rise As Bond Yield Stalls, Rate Fear Wanes
March 01, 2021 04:44 PM EST| By Team Kalkine Mediali>All sectors accelerate after previous week’s decline, posting modest gains. All major US stock indexes closed higher on Monday as the ascent of treasury bond yields appeared to have slowed down from last week’s surge and fears ove...
Is a third US stimulus check around the corner?
March 01, 2021 04:10 PM EST| By AayushSource: ungvar,Shutterstock Summary Democrats are pushing to pass a US$1.9 trillion coronavirus relief bill this week. The terms have called for direct payment of US$1,400 to each individual based on the same income thresholds as the prio...
Former French President Sarkozy Gets 1-Year Prison Term in Graft Case
March 01, 2021 11:09 AM EST| By Ipsita SarkarSource: sebra, Shutterstock Summary Nicolas Sarkozy is accused of helping a magistrate in securing a prestigious job while in office. Handing out the prison sentence, Presiding Judge Christine Mée noted that his action was serio...
How Would GameStop And AMC Entertainment Fare During The Week Ahead?
March 01, 2021 01:25 AM EST| By Mark O'DonnellSource: m_sovinskii, Shutterstock Two stocks caught up in the short squeeze frenzy of the past two months had an interesting five days on the NYSE last week. GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) are both heavily sh...
Are Investors Dropping Gold For Bonds?
February 28, 2021 10:17 PM EST| By Mark O'Donnelland platinum also fell by similar levels to gold during Friday’s trading session. US Treasury Bond yields are affecting more than just stock markets around the world. Precious metals have also seen a considerable drop in desirability and p...
