News

How did Melvin Capital end up blowing $3.75 Billion?

There’s a company called GameStop which had made a fortune selling video games from its physical stores in the 2000s. However, this is not 2000s...

What’s Panning Out in the Cryptospace, Is a Reversal on Cards for Bi...

What’s Panning Out in the Cryptospace, Is a Reversal on Cards for Bitcoin? Bitcoin prices seem to be finally taking a breather from the specul...

TSX Composite Moved Up by 232 Points, Helathcatre and Meatals and Mi...

After two straight days of negative closing, the S&P/TSX Composite Index moved higer on Thursday, adding approximately 232 points or 1.34% to 17,6...

US stocks recover from slump; Dow gains over 300 points

The US stocks rebounded on Thursday even as the latest economic data was below expectations. The benchmark equity indices recorded their worst decline...

How Much Has Automation Technology Impacted Jobs In Canada?

While technological advancements in businesses generally result in reducing manual labor and work hours, it can also often have a negative impact for...

Dogecoin Soars By 240%: What’s Behind This All-Time High Rally?

The dog-symbol crypto-coin, dogecoin, shot up by over 240 per cent in less than 24 hours after a popular but unverified twitter handle posted about th...

Elon Musk Calls Discord ‘Corpo’ For Banning Reddit Forum WallStreetB...

Summary Elon Musk had earlier tweeted on GameStop’s stock wild rally, which is being attributed to the coalition of day traders on Reddit cal...

What Caused The Downward Spiral of North American Markets?

Summary Probability of new Covid variant attacking, travel restrictions bog down market enthusiasm North American benchmarks ended in red after we...

Lab tests confirm BioNTech (NASDAQ: BNTX), Pfizer vaccine effective ...

  A new laboratory test report that analysed the coronavirus candidate of BioNTech/Pfizer has revealed that the jab is prote...

After Saudi Arabia, Iraq pitches in with Crude Oil production cut

Iraq produced at an average of 3.821 Mbbl/day throughout the last quarter of 2020 as per the OPEC January MOMR data. To make up for the extra producti...

Tech giants report earnings: How did Apple & Tesla fare

Technology giants Apple and Facebook turned in profitable revenue reports amid high expectations for the holiday quarter. However, Tesla has provided...

TSX Composite Nosedives By 2% in Single Day

The global equity markets nosedived on Wednesday with all major indices across North America, Europe and Asia plummeting to unexpected lows. The Cana...

US stocks fall after Fed’s commentary; Dow slips 700 points

The US benchmark equity indices slipped steeply on Wednesday as the investors reacted to the Federal Reserve’s January monetary policy commentar...

Brexit rules prompt Amazon to restrict alcohol sale in Northern Irel...

  UK-based broadcaster ITV PLC (LON: ITV) reported that US multinational company Amazon has stopped the sale of&nb...

Is SPAC Falcon Capital Acquisition (FCAC) Merging With Sharecare?

Summary Alan Mnuchin-backed blank check company Falcon Capital is reportedly in talks for a reverse-merger with online health platform Sharecare In...

Biden Eyes Long-Term Gain Over Short-Term Pain From Drilling Freeze

President Joe Biden’s order to halt new oil and gas leasing on federal land will have a rippling effect on the industry but it is part of his la...

AstraZeneca (LON: AZN) tries to clear the air over vaccine shortage...

  British-Swedish multinational pharmaceutical major AstraZeneca PLC (LON: AZN) seems to be mired in difficulties from all sides. On one side, t...

Blackberry, AMC & NIO: 3 Reddit Favorites Other Than GameStop Stock

Summary GameStop’s recent surge has been attributed to the short squeeze caused by an ongoing chatroom war between short seller and bullish t...

Canada Mulls Travel Ban, Strict Restrictions As New COVID Cases Rise

Summary Canada may renew travel ban, restrictions after spike in new cases. Opposition has blamed Prime Minister Justin Trudeau-led government for...

Providence Therapeutics: Canada’s 1st COVID Shot Heads For Trial

Summary Providence Therapeutics Holdings Inc announced on Tuesday that it has begun clinical trials for the first made-in-Canada vaccine against th...