News

Canada May Soon Make COVID Shots, Pfizer Predicts US$15B Vaccine Sal...

Canada’s COVID-19 vaccine progress is likely to jump up a level as reports expect Prime Minister Justin Trudeau to announce details regarding a...

Groundhog Day 2021: 3 TSX Stocks For The Springtime Ahead

With February 2 comes yet another Groundhog Day, and according to folklore, it’s time to rely on the little critter for a weather report. Nova S...

Wheels Up eyes NYSE with enterprise value of $2.1 billion

  Wheels Up, the New York-headquartered private aviation firm, has been eyeing to list on the New York Stock Exchange (NYSE) with the company no...

Sundial (NASDAQ:SNDL) & Nokia: Reddit-Fueled Stocks Continue To Surg...

Summary Sundial's stock price has more than doubled over the span of January, primarily stoked by the 8 million-odd traders communing on Reddit for...

GME shares tank after short squeeze; 4Q earnings due 

GameStop shares lost track on Monday in the US, closing nearly 31% lower at $225. In the after-hours trading, the stock took a further plunge of 15.77...

Robinhood raises USD 3.4B to support its burgeoning customer base

Online trading app Robinhood had an exceptional run during the pandemic as it experienced exponential growth last year. To invest in its growing custo...

TSX Composite Up 355 Points, Metals and Mining and Information Techn...

S&P/TSX Composite Index, the benchmark equity gauge of Canada, soared 355.45 points or 2.05% higher on Monday and settled at 17,692.45. The TSX 60...

Silver lining for Wall Street: US shares rebound as silver gets atte...

The US shares rebounded on Monday after retail traders shifted their focus to silver, driving up mining stocks. The quick recovery comes after a steep...

Despite Pandemic, TSX & TSXV Post Growth In 2020

Summary The S&P/TSX Venture Composite Index zoomed 52 per cent in 2020. It has gained 5.33 per cent year-to-date (YTD), driven by the junior te...

Silver Surge Continues, Riding High on Reddit Mania

  A global surge in silver prices refused to abate on Monday fueled by the frenzy traders on Reddit. After targeting some less-popular stocks fo...

EV Battery Maker Microvast & SPAC Tuscan Holdings (THCB) To Merge?

Summary Battery manufacturer Microvast Inc is reportedly set to go public via reverse merger with Tuscan Holdings Corp. Speculation around a possi...

More Borrowing & Disinvestments in India’s 2021 Union Budget

  Canada and the US, which have a significant population of Indian origin, showed a keen interest in India’s annual budget presented in pa...

What is Neuralink & Why Is This Elon Musk-Founded Firm Trending?

Summary Elon Musk recently tweeted about job openings at Neuralink Corp, sending investors on a hunt to learn more about the company. He wrote tha...

Indian Government Proposes Ban on Cryptocurrency, What It Could Mean...

The cryptospace is poised to witness a drastic change with the introduction of a new bill in the Indian Parliament, seeking to bar all private cryptoc...

How GameStop short squeeze roiled Wall Street

The US stock market, beginning January 2021, witnessed a ‘short squeeze’ on select stocks such as GameStop amid a coordinated effort by re...

US shares end worst week since October; Dow down over 600 points

The US benchmark equity indices closed Friday’s trade on a negative note after a rally in select stocks such as GameStop triggered volatility. T...

Gold Had A Terrific 2020; How Did Platinum Fare?

  The emphatic gold rally was seen at the start of 2020 in various parts of the world because of its limited supply and high demand as a safe-ha...

Bitcoin Zooms Over US$38,000 Over Elon Musk’s New Twitter Profile Bi...

Bitcoin (BTC) soared over US$ 38,000 per BTC on the back of Tesla (TSLA:US or NASDAQ: TSLA) CEO and founder Elon Musk’s new Twitter profile bio...

WeWork Taking SPAC Route For Public Debut?

Summary Co-working real estate giant WeWork is likely to adopt the SPAC route to go public. If the deal is struck, WeWork will see a valuation of...

TSX Falls 320 Points On Weakness in Tech, Consumer Cyclicals & Indus...

The largely tracked benchmark index of the Canadian Stock Exchange, the S&P/TSX Composite Index, plummeted 320 points or 1.81% to 17,337.02 on Fri...