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Is Grail IPO on the cards & can you buy its stock?
December 16, 2021 11:33 PM AEDT| By Raza NaqviHighlights Potential investors are searching for Grail IPO, and the biotechnology company’s name surface on trending charts in the US. Grail is working on early detection of cancer as it believes that it is important to improve trea.....
Samsara IPO: IoT company valued over US$ 12 billion. Buy call?
December 16, 2021 09:21 PM AEDT| By Raza NaqviHighlights The San Francisco-based Internet of Things (IoT) company raised US$ 805 million in gross proceeds. After the stock market debut, Samsara achieved a valuation of more than US$ 12 billion. Samsara sells hardware and cloud-based .....
Reddit IPO: How to buy this discussion forum's stock?
December 16, 2021 07:40 PM AEDT| By Raza NaqviThis year is probably the best one for online discussion forum Reddit as it remained in the news throughout the year. One of its forums named WallStreetBets caused a massive stir in the US equity markets and single-handedly led to an enormous rall.....
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TSX falls as technology sector undo gains, commodities rebound
December 16, 2021 05:30 PM AEDT| By Sundeep RadeshThe TSX Composite Index ended in the red Thursday, December 16. December is not turning out to be quite the Santa Claus Rally as was initially expected, but it is up 0.39 per cent month-to-date. The technology sector fell almost three per cent and t...
Is price rise trend of top cryptos temporary?
December 16, 2021 04:23 PM AEDT| By Jasmine AnandHighlights After experiencing a decline in prices for some time, some major cryptos surged across crypto charts on Wednesday. Dogecoin led the way, with a 33% gain in its price, following an announcement made by Elon Musk that Tesla would start.....
Crypto Catch: Tech Glitch Vastly Inflates Bitcoin Price
December 16, 2021 04:16 PM AEDT| By Daniel Paul JohnsCrypto data providers CoinMarketCap and Coinbase experienced apparent glitches on Tuesday causing them to show hugely inflated prices. According to some tweets on unverified accounts, Bitcoin was shown as being valued at US$799 billion per coin on.....
Bitcoin’s price jumps over US$49,000 on Fed’s tapering decision
December 16, 2021 09:57 AM AEDT| By AshishBitcoin’s price rose above US$49,000 after the US Federal Reserve announced its decision to double the tapering amount and signalled towards three interest rate hikes in 2022. The popular cryptocurrency which was in the negative zone just bef.....
US stocks rally after Fed's tapering decision
December 16, 2021 08:30 AM AEDT| By Rupam RoyBenchmark US indices edged higher on Wednesday, December 15, after Federal Reserve has approved plans to accelerate the winding down of its asset-buying program. Meanwhile, the move to curb inflation paved a way for hikes in interest rates through ne...
Why is Avalanche (AVAX) surging as the crypto market sinks?
December 16, 2021 03:49 AM AEDT| By Versha JainIn the unsteady crypto market, Avalanche is up today. The AVAX price surged more than 10% in the last 24 hours and traded at US$89.58 at 8:25 am ET, Wednesday, December 15, against an overall downward trend in the crypto market. AVAX is .....
NuScale IPO or SPAC? How to buy this nuclear reactor maker's stock?
December 16, 2021 12:12 AM AEDT| By Raza NaqviThe Portland-based nuclear power company NuScale Power is looking to go public by the first half of 2022 and it is not planning to take the traditional initial public offering (IPO) route. NuScale will merge with a blank-check company and the deal.....
Five popular careers in the crypto space
December 15, 2021 10:02 PM AEDT| By Daniel Paul JohnsHighlights A blockchain developer is responsible for creating and optimising blockchains A blockchain product manager is responsible for developing and optimising blockchain-based products Software engineers develop and maintain the applicatio.....
Ethereum’s Difficulty Bomb Diffused
December 15, 2021 09:58 PM AEDT| By Daniel Paul JohnsHighlights The Difficulty Bomb refers to the increasing rate of time required to mine a new block on the Ethereum blockchain Because proof-of-work mining model requires strong computing power to release crypto coins, that makes it a heavy.....
Footprint to go public via SPAC merger. How to buy this green stock?
December 15, 2021 09:46 PM AEDT| By Raza NaqviHighlights Footprint will merge with a special purpose acquisition company- Gores Holdings VIII Inc. Footprint will list its shares on the Nasdaq and trade under the stock symbol FOOT. Established in 2014, Footprint was started to addres.....
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Keep an eye on these NASDAQ stocks in 2022
December 15, 2021 09:29 PM AEDT| By AayushHighlights The MSCI World Index has delivered a return of 22.31% for the one-year period ending 30 November 2021. A 40-year high inflation in the US and the emergence of the Omicron variant are concerns for investors. ABNB, DDOG, HRMY, etc., a.....
How can Canada’s new fiscal update impact stock markets?
December 15, 2021 08:01 PM AEDT| By Shreya BiswasCanadian stock markets reacted notably to the latest fiscal and economic update released on Tuesday, December 14, which outlined fresh commitments and revisited some previously announced measures. The update, which comes amid rising inflation and .....
Better.com SPAC: What you must know as CEO Vishal Garg takes leave
December 15, 2021 06:42 PM AEDT| By Raza NaqviHighlights Better.com CEO Vishal Garg is reportedly taking a leave of absence due to some regrettable events over the last seven days. In May, Better.com announced plans to go public by the fourth quarter of this year. Vishal Garg had sacked o.....
Would Bitcoin make a comeback from lean patch?
December 15, 2021 06:37 PM AEDT| By Jasmine AnandHighlights Bitcoin has been seeing a continuous plunge in its prices for almost five consecutive weeks. While some analysts believe that this is the beginning of the downfall of the largest crypto across the world, others believe that Bitcoin w.....
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TSX breaks 5-day losing streak as tech stocks gain, loonie up
December 15, 2021 05:30 PM AEDT| By Sundeep RadeshAfter a 5-day streak of losses, the TSX Composite Index rebounded Wednesday, December 15, with the technology sector up 1.4 per cent. A 0.9 per cent gain for financials and industrials, each, landed the benchmark index 120.59 points better, 0.58 per...
Crypto Catch: Bank of England says bitcoin potentially “worthless”
December 15, 2021 02:47 PM AEDT| By Daniel Paul JohnsHighlights Bitcoin had a positive 24 hours after a drop of around seven percent yesterday Dogecoin, has jumped more than twenty percent in the past 24 hours The Bank of England has provided a scathing assessment of Bitcoin, warning that th.....
Crude oil dips on strong dollar and oversupply concerns
December 15, 2021 12:55 PM AEDT| By Arpit VermaHighlights Crude oil price tumbled on Tuesday. Producer prices reached 11-year highs on Tuesday. Governments across the globe are trying hard to put restrictions to curb the spread of the Omicron variant. Crude oil prices tumbled to nearl.....
