News
Oil settles mixed on tight stocks & demand slumps amid rising COVID-19 cases
November 17, 2021 01:08 PM AEDT| By Arpit VermaHighlights Crude oil settled mixed on Tuesday. The US crude stocks were anticipated to rise in the fourth consecutive week. OPEC and its allies reduced their crude oil demand forecast by 330,000 for the last quarter of 2021. Crude oil pri.....
Three Amigos Summit: What’s at stake as Trudeau heads to Washington?
November 17, 2021 12:57 AM AEDT| By Sundeep RadeshDubbed the ‘Three Amigos Summit’, the North American Leaders' Summit (NALS) was last held in 2016 when Presidents Barack Obama and Enrique Peña Nieto headed north to convene with Prime Minister Justin Trudeau. During the Trump er.....
Why is Casper Sleep (CSPR) going private nearly 2 years after IPO?
November 16, 2021 11:54 PM AEDT| By Shreya BiswasStocks of Casper Sleep Inc (NYSE: CSPR, CSPR:US), a bedding and mattress manufacturer, skyrocketed by over 88 per cent on Monday, November 15, following the announcement that it is going private. This comes nearly two years after the New York-base.....
Glasgow summit: COP26 climate pact in a nutshell
November 16, 2021 09:25 PM AEDT| By Rishika RainaAfter being overrun by a day, Saturday bought an end to the COP 26 UN Climate Change Conference hosted by the UK in Glasgow. Government representatives, negotiators, businesses, and citizens from all over the world came together at the summit .....
ThoughtSpot IPO: When can you buy the data analytics firm's stock?
November 16, 2021 09:01 PM AEDT| By Raza NaqviCalifornia-based modern analytics cloud platform ThoughtSpot recently secured a US$ 100 million in a Series F funding round, and this development has led to potential investors searching for the company's initial public offering (IPO) plans. On Tu.....
Planting Hope IPO: How to buy this women-led vegan firm’s MYLK stock?
November 16, 2021 08:56 PM AEDT| By Shreya BiswasThe Planting Hope Company Inc, a vegan food manufacturer, announced on Monday, November 15, that it is all set to begin trading on the Toronto Stock Exchange Venture (TSXV). Formed in November 2020, Planting Hope focuses on the innovation and deve.....
Can Hashgraph, the ‘blockchain rival’, make Hedera (HBAR) backers rich?
November 16, 2021 07:41 PM AEDT| By Ankit SethiHighlights Hashgraph claims to be an improvement over blockchain’s decentralized ledger services Hedera Hashgraph uses the native token Hedera (HBAR) to allow users to build smart contracts on the network Hedera crypto has returned.....
Should one rely on cryptocurrencies to generate passive income?
November 16, 2021 07:03 PM AEDT| By Daniel Paul JohnsHighlights Crypto users can generate passive income from lending out their accumulated cryptocurrency. If a borrower can’t pay back the loan, the deposit, or the “stake”, must be sold to cover the losses. Remember that crypto.....
Keen on crypto? Here are some top cryptocurrency trading apps
November 16, 2021 05:43 PM AEDT| By Aditi SahaHighlights If you have your heart and mind ready to accept both high and fall, there is nothing wrong with trying your luck in cryptos. A new world of Crypto investing has emerged for risk lovers. The crypto apps assist them in trying their luc.....
Will 2022 be a normal year for world economy?
November 16, 2021 05:38 PM AEDT| By Toshiva JainThe present world economy is looming as several market changes are taking place around the globe. Be it the energy crisis, or the fall of China’s property market or the high inflation in most economies; economists are in an acute situation to.....
Why to explore TRON in 2021?
November 16, 2021 05:31 PM AEDT| By Jasmine AnandWith growing admiration for cryptocurrencies, tech-savvy investors are heavily investing in the crypto market. While the world's largest and the most popular cryptocurrency, Bitcoin, is valued at around US$62,000, beginners and new entrants to the.....
TSX up on tech stocks, loonie slips as US sees unexpected retail sales
November 16, 2021 05:30 PM AEDT| By Sundeep RadeshThe TSX Composite Index gained a bit Tuesday, November 16, to 21,717.16 points. IT and industrials saw significant gains and the base metals sector was down 1.7 per cent. Though the 34.08 points or 0.16 per cent gain it clocked by close was tempered,...
Oil settles mix amid fresh rise in COVID-19 cases in China, Europe
November 16, 2021 12:51 PM AEDT| By Arpit VermaCrude oil prices settled mixed on Monday on the back of strong dollar and rise in COVID-19 cases. January delivery Brent Crude oil futures last traded at US$82.15 per barrel up 0.07%, whereas January delivery WTI crude oil futures traded 0.13% down.....
US stocks close flat ahead of big retail earnings
November 16, 2021 08:54 AM AEDT| By Versha JainBenchmark US indices closed flat on Monday, Nov 15, ahead of big retail earnings this week and a positive global economic outlook increasing the bullish influence on the market. The S&P 500 closed flat at 4,682.80. The Dow Jones fell 0.04% to 36...
TSX down as Line 5 owner Enbridge’s stock dips for 3rd straight day
November 16, 2021 06:30 AM AEDT| By Sundeep RadeshThe TSX Composite Index opened the week on the dip as it cooled down a bit after clocking its all-time high Friday, November 12. Energy was marginally up while the other sectors were in the red as the benchmark index dropped 85.45 points, 0.39 per ce...
Is NuCypher a good investment?
November 15, 2021 09:39 PM AEDT| By Daniel Paul JohnsThe internet is in the midst of a revolution. The evolution of the internet, driven by blockchain technology, is heading towards what’s being labelled as Web 3.0. With this change comes new concerns over privacy and security, as different blo.....
Can Elon Musk’s Sanders tweet land him in trouble?
November 15, 2021 09:37 PM AEDT| By Ankit SethiElon Musk has never been a man who minces his words. Seasoned investor Warren Buffett has time and again trashed blockchain-based digital currencies, but Musk, aided a little by Twitter’s Jack Dorsey, has never held back his sentiments. Musk .....
Polestar SPAC: How to buy the Leonardo DiCaprio-backed EV firm's stock?
November 15, 2021 09:03 PM AEDT| By Shreya BiswasPolestar Performance AB, an international electric vehicle (EV) company, is all set to get a listing in the North American markets via a merger with blank check firm Gores Guggenheim (NASDAQ:GGPI, GGPI:US). The Swedish premium EV maker, known to b.....
Which are 5 NZX renewable energy stocks to consider in November?
November 15, 2021 08:57 PM AEDT| By Jasmine AnandHighlights NZ Government is working effortlessly towards climate change and is planning to invest in carbon technologies of the future. Contact Energy releases its monthly operating report for October. Trustpower reveals the final tradin.....
How To Create and Sell an NFT?
November 15, 2021 08:34 PM AEDT| By Daniel Paul JohnsHighlights NFTs can act as a vehicle for just about any art form – music, painting, film, poetry. Heck, even a tweet can be made into an NFT. What gives NFTs their value is the fact that it’s unique. One unique item with one o.....