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8 short squeeze stocks set to soar
August 19, 2021 01:30 AM AEST| By Shreya BiswasHighlights The innovations in finance and the development of financially engineered products have contributed to the imagination of market strategists. Short squeeze can influence the price of a stock. Some investors like to experiment with ne.....
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Delta weighs down TSX for 5th day, First Quantum & Crescent top losers
August 19, 2021 01:30 AM AEST| By Team Kalkine MediaThe primary Canadian stock index hit its lowest level in about three weeks on Wednesday, August 18, as rising panic around Delta COVID-19 cases put added pressure on oil and other commodity prices. The energy sector declined by 1.99%, while the comm...
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Sportradar IPO: How to buy the sports betting stock?
August 18, 2021 09:20 PM AEST| By Raza NaqviHighlights Sportradar has taken the IPO route after its merger talks with a special purpose acquisition company (SPAC) failed to materialize. Started in 2001, Sportradar has emerged as one of the leading providers of sports betting and entertai.....
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The Rise of Ethereum – Can ETH hit the US$100K-mark?
August 18, 2021 07:01 PM AEST| By Daniel Paul JohnsHighlights Besides its use as a digital currency, Ethereum can also be used to process other types of financial functions, including the utilisation of smart contracts as well as the ability to store data for third-party applications. The.....
Taliban back at the helm of Afghanistan: What is in it for China?
August 18, 2021 05:05 PM AEST| By Furquan MoharkanChina, over the last couple of decades, has quickly climbed up the ladder in the power league of the global nations. The world’s second largest economy now competes directly with the US – which claims itself to be world’s “sup...
APAC markets in green; Japan extends COVID-19 state of emergency
August 18, 2021 03:10 PM AEST| By Furquan MoharkanEquity markets across the Asia Pacific (APAC) region were trading with gains on Wednesday as Japan decided to extend the COVID-19 emergency and Reserve Bank of New Zealand decided to keep the rates unchanged. At the time of writing this, all the APA...
How an allergy helped Johnny Boufarhat, 27, make it to billionaires’ club
August 18, 2021 01:32 PM AEST| By Furquan MoharkanJohnny Boufarhat has become one the youngest self-made billionaires in the world -- a news that has taken the internet by storm. Who is Boufarhat? He is a 27-year-old Australia-born British citizen and an entrepreneur. Mr Boufarhat was born on 1 J...
Bitcoin’s sharp comeback brings back US$100,000 prediction
August 18, 2021 10:55 AM AEST| By AayushHighlights Bitcoin has risen more than 50% from its lows hit in July 2021. Bitcoin’s peers such as Dogecoin, Ethereum, Ripple etc. have also marked their presence with their wild upswings. The fundamental regulatory roadblock has clipped.....
US stocks slip on retail data
August 18, 2021 07:51 AM AEST| By Sanjeeb BaruahBenchmark US indices closed lower on Tuesday, August 17, dragged down by loss in mega-cap stocks and weaker-than-expected retail sales data. The S&P 500 was down 0.71% to 4,448.08. The Dow Jones fell 0.79% to 35,343.28. The NASDAQ Composite was...
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TSX simmers down amid Delta fears, Loonie down
August 18, 2021 07:30 AM AEST| By Team Kalkine MediaThe Toronto Stock Exchange’s composite index fell for the fourth consecutive day on Tuesday, August 17, amid rising Delta variant cases. Impacted the spike in COVID-19 cases across several Asian economies, oil and other commodity prices remain...
Canada snap election 2021: How a Liberal win could impact stock markets
August 18, 2021 01:59 AM AEST| By Ankit SethiHighlights Liberals are in favor of increased government spending amid the shock of the pandemic. The S&P/TSX Composite Index touched the 20,000-level for the first time in June 2021. The Opposition has criticized the Federal Budge.....
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2 undervalued TSX stocks to invest in
August 17, 2021 11:31 PM AEST| By Raza NaqviHighlights The S&P/TSX Index has surged by 17.5 per cent year-to-date (YTD). Although Canada's main stock market index has soared since the beginning of this year, there a few stocks that remain undervalued and are available at discou.....
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PharmaCann IPO: How to buy this marijuana firm’s stock?
August 17, 2021 07:44 PM AEST| By Raza NaqviChicago-based integrated cannabis company PharmaCann is reportedly looking to go public this year and could value over US$ 1 billion at the time of its initial stock offering. Notably, PharmaCann is one of the few medical pot operators in New York.....
Will Walmart start accepting Crypto?
August 17, 2021 06:09 PM AEST| By Daniel Paul JohnsAs crypto has moved away from the fringes of finance, more major companies have helped its plight to become considered a mainstream part of the finance world. This was most famously seen earlier this year when electric car company Tesla began acce.....
APAC markets fall as regulatory fears resurface in Hong Kong
August 17, 2021 04:05 PM AEST| By Furquan MoharkanEquity markets in the Asia-Pacific (APAC) region were mostly lower on Tuesday, with stocks of Chinese companies in Hong Kong falling again as regulatory fears resurfaced. The sentiments in the APAC region turned negative despite Wall Street closing...
Arweave never forgets – What is Arweave crypto?
August 17, 2021 02:22 PM AEST| By Daniel Paul JohnsOne of the key components of blockchain technology is its ability to undergo metamorphosis and adaptation to expand upon its current capabilities and bring new features to a variety of blockchain platforms. Source: © Iuriimotov | Megapixl.c.....
US stocks trade flat on gloomy Chinese economic data
August 17, 2021 07:59 AM AEST| By Sanjeeb BaruahBenchmark US indices traded near flat on Monday, August 17, after the latest Chinese economic data showed the country’s recovery rate in July was way below economists’ expectations. The grim outlook triggered investors’ concerns abo...
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TSX edges lower amid commodity weakness, Loonie sinks
August 17, 2021 07:30 AM AEST| By Team Kalkine MediaThe main Canadian stock index noted a slight fall amid weakened commodity prices on Monday, August 17. Amid resurgence in the Delta variant cases and the announcement of Canada’s snap federal elections, the S&P/TSX Composite Index dipped 0...
Crypto market holds fort after riding into US$2tr cap as Bitcoin leads
August 17, 2021 05:22 AM AEST| By Team Kalkine MediaIn April 2021, the global cryptocurrency market hit the US$2 trillion mark for the first time before pulling back in the subsequent period. But it retook the US$2 trillion market crown on August 11 at 10.45 am ET as Bitcoin prices surged, which con.....
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QSR Brands IPO: How to buy KFC & Pizza Hut franchisor’s stock?
August 17, 2021 01:16 AM AEST| By Raza NaqviQSR Brands (M) Holdings Bhd., the franchisor of KFC and Pizza Hut food joints in Southeast Asia, is reportedly looking for a public debut in the Malaysian stock markets. After a failed attempt to list its shares in 2019, the Kuala Lumpur-based com.....
