News
Oil tumbles on rising US stockpiles
October 28, 2021 01:31 PM AEDT| By Arpit VermaHighlights Crude oil prices tumble on Wednesday. The higher-than-expected rise in the US crude stocks forced investors not to hold long positions in crude oil. At the start of the month, OPEC+ decided to gradually increase the output. Cru.....
Will Tesla resume cryptocurrency transactions?
October 28, 2021 01:28 PM AEDT| By Toshiva JainElon musk is the ultimate influencer in the cryptocurrency market. The company’s decisions, Musk’s tweets have had some significant impact on the cryptocurrency world. However, with all the ups and downs, there is latest indication that.....
US stocks close mixed as investors track earnings data
October 28, 2021 09:34 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, October 27, as investors delved into companies' quarterly earnings and sought to catch up with their latest developments. The S&P 500 was down 0.51% to 4,551.68. The Dow Jones fell 0.74% to 35,490....
Can top 5 cryptos that gained in Q1 2021 repeat history a year later?
October 28, 2021 01:41 AM AEDT| By Ankit SethiHighlights No analyst can perfectly forecast the price movements of cryptocurrencies due to the underlying volatility. Past price performances can be a clue just like technical measures including resistance level and moving averages. A.....
Fluence Energy IPO: Price range of FLCN stock revealed. Is it a buy?
October 28, 2021 12:49 AM AEDT| By Raza NaqviHighlights Fluence Energy was established through a joint venture between the US-based AES Corp and Germany's Siemens AG. The underwriting responsibility for Fluence Energy IPO is on Barclays, Morgan Stanley, BofA Securities, and J.P. Mor.....
BitUp soars over 800 million per cent in 7 days. Too good to be true?
October 27, 2021 11:28 PM AEDT| By Raza NaqviHighlights The BitUp crypto has an elastic supply, and the total supply of this cryptocurrency keeps changing. BitUp Finance platform claims that the value of BitUp cryptocurrency will only increase. Based on the principle of a stablecoi.....
Dogs of Elon debuts: 5 other popular NFT projects of 2021 to look at
October 27, 2021 09:35 PM AEDT| By Team Kalkine MediaNon-fungible tokens are arguably the second most popular component of the blockchain universe. Crypto tokens are indeed the first. Source: Pixabay.com The latest in NFTs is the ‘Dogs of Elon’ art that pay homage to billionaire CEO of.....
China is going broke!
October 27, 2021 08:57 PM AEDT| By Kiara KhannaPanic is a buzzword in the Chinese markets these days. It all started with Evergrande and seemed to have no end sight. Major Chinese real estate players have reported being unable to pay back their debts. Sinic Holdings, Modern Land, China Properties...
Why is retail theft on the rise and how can retailers safeguard themselves?
October 27, 2021 08:18 PM AEDT| By AayushShoplifting, clerical errors, employee theft, etc., are some of the major issues that are becoming increasingly challenging for retailers. Most of the shoplifters when caught red-handed rationalise their actions by stating the products are quite pr.....
Sono Motors IPO: How to buy the solar electric vehicle maker's stock?
October 27, 2021 08:17 PM AEDT| By Raza NaqviHighlights Established in 2016, Sono Motors' flagship vehicle, Sion, can charge itself and range up to 305 kilometers. Sono Motors aims to earn money through the sales of Sion and licensing its innovative technology. Sono Motors has more.....
Autumn Budget: Top 10 expectations from Sunak
October 27, 2021 07:14 PM AEDT| By Rishika RainaHighlights The Autumn Budget is due to be delivered by Chancellor Rishi Sunak at the parliament on Wednesday. The Budget is set to come ahead of a rough winter due to rising fears of inflation and soaring energy prices, which have negativ.....
Which are the top cryptocurrency performers during mid-week?
October 27, 2021 04:49 PM AEDT| By Jasmine AnandHighlights The global crypto market has been a witness to strong rallies among major cryptocurrencies. While on Monday, almost all the popular cryptos soared high. at mid-week, the excitement has eased out but not vanished. Solana, Shiba Inu, .....
TSX drops 1% on BoC’s blunt end to bond-buying, loonie gains
October 27, 2021 04:30 PM AEDT| By Team Kalkine MediaThe TSX Composite Index plummeted 1.03 per cent Wednesday, October 27, when it fell 218.46 points to 20,954.99. The Bank of Canada (BoC) put a blunt end to its bond-buying amid skyrocketing inflation and energy prices, and the supply chain crisis. It...
Meet 2021’s richest women in the world
October 27, 2021 02:53 PM AEDT| By Toshiva JainEvery year Forbes releases its exclusive list of the world’s richest women in the world. This year’s list is all the more remarkable due to multiple reasons. 2021 is celebrating about 36% more women than the previous year: so the curren.....
Gold price tumbles on firm dollar
October 27, 2021 02:51 PM AEDT| By Arpit VermaHighlights Gold prices tumbled on Tuesday. Prices surpassed the mark of US$1,800 per ounce on Monday, the highest since August 2021. Investors have shifted their interest in equities, dimming the appeal of gold. Gold prices tumbled nearly.....
Top stocks with digital asset exposure to keep an eye on
October 27, 2021 09:58 AM AEDT| By Ipsita SarkarThe crypto craze is creating a strong tailwind for companies engaged in various related activities. Blockchain-based products like cryptocurrencies, tokens, NFTs, DeFi protocols, etc., are catching the imagination of people around the globe at a ti.....
US markets scale fresh highs on upbeat earnings, housing data
October 27, 2021 08:32 AM AEDT| By Sanjeeb BaruahS&P 500 and Dow Jones closed at record highs for the second consecutive day on Tuesday, October 26, while Nasdaq rallied as quarterly results kept the markets in high spirits. The S&P was up 0.18% to 4,574.79. The Dow Jones Industrial Averag...
TSX's winning streak ends as most sectors fall, loonie down
October 27, 2021 06:32 AM AEDT| By Team Kalkine MediaWell, the green streak is over, it lasted 14 straight trading sessions. Tuesday, October 26, saw the TSX Composite Index drop 0.52 per cent or 111.39 points to 21,173.45 points. Bar financials, every other major sector lost ground. Still, this is on...
Elon Musk’s crypto holdings & how they’ve performed in 2021
October 27, 2021 01:24 AM AEDT| By Ankit SethiHighlights Elon Musk played a role in the recent rise and then fall in the price of the Shiba Inu crypto. In a tweet to a Twitter user, Mr. Musk revealed his crypto holdings. Whether he gains in the medium-to-long term on his crypto hold.....
Hertz re-IPO: How to buy the bankruptcy survivor’s stock?
October 27, 2021 12:36 AM AEDT| By Shreya BiswasHertz Global Holdings Inc, the American rental car company that recovered from bankruptcy less than four months ago, is gearing up to reenter the stock trading space once again. The Estero, Florida-based firm made major headlines recently for plac.....