News
Canada’s CPI Rises By 1% As Consumer Goods, Fuel Prices Spike
February 18, 2021 03:57 AM AEDT | By Kunal Sawhney Canada’s Consumer Price Index (CPI), a key gauge of inflation, has risen at a quicker pace in January to 1 per cent, than in the previou...
Why Morningstar Credit Ratings Is Under the SEC’s Scanner
February 18, 2021 01:45 AM AEDT | By Kunal Sawhney The Securities Exchange Commission (SEC) has filed a lawsuit against Morningstar Credit Ratings LLC for allegedly violating provisions of laws...
Canadian Stock Markets Saw Record Foreign Investments In Dec 2020
February 18, 2021 01:40 AM AEDT | By Hina Chowdhary Canadians purchased as much as C$ 26.9 billion worth of foreign securities in the month of December last year, a large chunk of which consiste...
Vaccines to inject optimism in world economy, IMF pegs US growth at...
February 17, 2021 10:20 PM AEDT | By Team Kalkine Mediaed to show staggering improvement due to potential structural changes in the economy. Nations across the globe are on the mend as they have begun...
Is Churchill (CCIV) Nearing A SPAC Merger With Lucid Motors?
February 17, 2021 09:19 PM AEDT | By Team Kalkine MediaSummary Churchill Capital Corp IV (NYSE: CCIV, CCIV:US) saw its stocks gallop by nearly 32 per cent on Tuesday, February 16. The most recent jump...
Berkshire Hathaway Jumps on Crude Oil Bandwagon, Invests in Chevron
February 17, 2021 01:41 PM AEDT | By Team Kalkine MediaThe market oracle, Warren Buffet is now jumping on the oil bandwagon with Berkshire Hathaway investing in Chevron Corporation (NYSE:CVX). The investme...
TSX Edges Higher On Day 2, Up 0.18%
February 17, 2021 09:20 AM AEDT | By Team Kalkine MediaThe TSX Composite Index moved up for the second consecutive day and added approximately 32.51 points or 0.18% to 18,492.72 on Tuesday. Other broader i...
US Markets End Mixed On Recovery, Earnings Forecast
February 17, 2021 08:46 AM AEDT | By Team Kalkine MediaUS stock markets ended mixed on Tuesday in anticipation of positive retail earnings and steps by House Democrats to expedite a legislative version of...
Bitcoin Rockets Past $50000-Mark, Sets Course For US$1-Trillion MCap
February 17, 2021 01:22 AM AEDT | By Ipsita SarkarBitcoin’s blazing rally continued as the cryptocurrency breached the US$50,000-mark for the first time since its inception over 12 years ago. T...
Will Plan to Spin Off Universal Music Keep the Momentum High for Viv...
February 17, 2021 01:04 AM AEDT | By Kunal SawhneyShares of French media conglomerate Vivendi SA (PAR: VIV) rallied nearly 20 per cent on Monday to EUR 31.22 as the company announced its plans to list...
Nissan Denies Tying Up with Apple for Its Electric Car
February 16, 2021 09:29 PM AEDT | By Team Kalkine MediaJapanese automobile company Nissan (TYO: 7201) announced that it was not in talks with technology major Apple (NASDAQ: AAPL) for developing its a self...
Equity markets continue their uptrend; Crude oil rises to 13 months...
February 16, 2021 04:40 PM AEDT | By Kunal SawhneyOn Tuesday, Global markets held the ground firmly and continued their bull run for the 12th straight session on the back of high optimism for the glob...
Texans Struggle Amid Deadly Winters and Power Outages
February 16, 2021 02:44 PM AEDT | By Hina ChowdharyTexas is facing a challenging situation due to the freezing temperature and rolling power blackouts across the state. As extreme weather conditions sp...
Why is platinum at multi-year highs?
February 16, 2021 02:35 PM AEDT | By Kunal SawhneyFollowed by the emphatic industrial metals’ price rally on the expectations of global economic improvements, the prices of the Platinum contract...
US Dollar drops to 3-week low as vaccine optimism abounds
February 16, 2021 12:16 AM AEDT | By Team Kalkine Mediasignificantly as it rose to its highest level in about three years pushing past USD1.39. Tuesday marked a three-week low for US Dollar and a thre...
A race against COVID-19: Meet five global vaccine developers in the...
February 15, 2021 08:34 PM AEDT | By Kunal SawhneyVaccine development typically requires years of research, testing and additional time for large-scale manufacturing. However, this time researchers ac...
Bitcoin Continues to Zoom, Gold Investors Left Behind?
February 15, 2021 07:20 PM AEDT | By Kunal SawhneyBitcoin prices are going through the roof again with the digital currency reaching a record high of over USD 49K on 14 February 2021. So far, investo...
What is BNY Mellon’s latest initiative into the crypto world?
February 15, 2021 01:18 PM AEDT | By Team Kalkine MediaThe geopolitical environment around the cryptospace is getting spiced up day by day with a plethora of information emerging in the market. After devel...
Disney nets 146 million paid subscribers in Q4
February 15, 2021 12:24 AM AEDT | By Team Kalkine MediaSource: Marko Aliaksandr, Shutterstock Summary The Walt Disney company revealed its December quarter results with Disney+ subscriptions bei...
Shopify, Walmart to Report Q4 Earnings Next Week: What to Expect
February 14, 2021 05:47 PM AEDT | By Hina ChowdharyShopify Inc. (NYSE: SHOP) and Walmart Inc. (NYSE: WMT) are expected to report their fourth-quarter earnings next week. Both the companies were expecte...
Canadian AI All-Stars: Unveiling the Top Stocks for 2024