News
US markets edge higher, lifted by real estate, healthcare stocks
July 08, 2021 07:55 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 7, pulled up by gains in real estate and healthcare stocks after the Fed held its first discussion on the bond purchase, accepting that inflation has been a cause of worry but deciding to keep the...
TSX dragged down by energy & financial stocks, Loonie dwindles
July 08, 2021 07:30 AM AEST| By Team Kalkine MediaCanada’s main index felt the heat on Wednesday, July 7, due to weakened financial and energy stocks. The financial sector fell by 0.22% as the US Treasury Bond yields declined 1.32% amid rising concerns over the new Delta COVID-19 variant. The...
Traeger IPO: How can you buy COOK stock?
July 07, 2021 11:30 PM AEST| By Raza NaqviSummary Traeger Inc announced on Tuesday, July 6, that it has filed for an initial public offering with the SEC. The company's prospectus has listed private equity firms like AEA Investors and Ontario Teachers' Pension Plan as its most signific.....
Nextdoor IPO: How to buy KIND stock after 4.3-billion SPAC merger?
July 07, 2021 08:40 PM AEST| By Raza NaqviSummary Nextdoor is set to go public via a SPAC merger with Khosla Ventures. The company announced on July 6 that it is looking to go public. Nextdoor, a hyperlocal social media platform established in 2011, provides an interactive platform fo.....
Wise to go public via direct listing: All you need to know about the process
July 07, 2021 07:03 PM AEST| By Furquan MoharkanOn 2 July 2021, the UK-based fintech company Wise PLC approved the plan to get listed on 7 July 2021. The company’s prospectus said, “Application has been made to the FCA for all of the Class A Shares to be admitted to the standard listi...
Cryptocurrency Monero’s analysis indicates a bullish trend
July 07, 2021 04:18 PM AEST| By Daniel Paul JohnsSummary Monero was launched in 2014 by a team of developers led by Ricardo Spagni and is currently the 26th largest cryptocurrency. In Monero’s original white paper, its creators argued that Bitcoin’s main flaw was its traceability,.....
From online bookseller to world’s richest man: Amazon’s Jeff Bezos hangs up his boots
July 07, 2021 02:45 PM AEST| By Furquan MoharkanIn 2014, Amazon founder Jeff Bezos visited the South Indian city of Bengaluru – popularly known as Silicon Valley of India – owing its reputation for acumen towards tech innovations. It was the time when India’s domestic e-tailer Fl...
Rritual Superfoods enhances its visibility via OTCQB market listing
July 07, 2021 02:18 PM AEST| By Team Kalkine MediaSummary Canada-based functional superfood firm Rritual Superfoods has announced its uplisting to the OTCQB® Venture Market. The OTCQB listing will expand the Company’s accessibility and visibility to US investors. Rritual continues t.....
Which are the booming applications of copper?
July 07, 2021 01:51 PM AEST| By Anam SiddiquiSummary Copper, the second most conductive element, is exposed to supply risks amidst its growing demand in several fields. Due to its significant usage in electric vehicles and renewable energy production, copper plays a critical role in.....
TSX gains on the back of tech stocks, Shopify & Wesdome top gainers
July 07, 2021 07:30 AM AEST| By Team Kalkine MediaThe main Canadian index noted a jump on Tuesday, July 6, amid a rally in technology stocks. The S&P/TSX Composite Index increased by 0.09% to 20,300.03, while the technology sector climbed 1.52%, followed by telecom and utilities sectors. The o...
US indices slip after last week's record closes
July 07, 2021 07:20 AM AEST| By Sanjeeb BaruahBenchmark US indices edged lower on Tuesday, July 6, after several record consecutive closes last week as investors looked for global cues and turned their focus on economy-linked value stocks. The S&P 500 was down 0.20% to 4,343.54. The Dow Jon...
Clarios IPO: How to buy BTRY stock?
July 06, 2021 10:02 PM AEST| By Raza NaqviCar battery maker Clarios International Inc. is said to be looking to go public soon. The company, which is backed by Canada's Brookfield Asset Management (TSX:BAM.A), has reportedly been preparing for an initial public offering (IPO) for the last.....
Will crude oil touch US$100 a barrel? All you need to know about oil prices
July 06, 2021 05:35 PM AEST| By Furquan MoharkanFortunes do turn around. And at times, they turn around fast. Nothing exemplifies it better than crude oil prices. A year ago, crude oil prices were at the historical lows. The prices of brent crude oil were hovering near the zero level, while the We...
Don’t drop the baby: A quick guide to new cryptocurrency Baby Doge
July 06, 2021 03:03 PM AEST| By Daniel Paul JohnsThe world of cryptocurrency moves at a rapid pace. A few months ago, a meme crypto named Dogecoin was all the rage with famous celebrities, including Tesla billionaire and space adventurer Elon Musk, publicly singing the praises of the Shiba-Inu-in.....
Why is Cryptocurrency popular? Will Ethereum overtake Bitcoin?
July 06, 2021 01:35 PM AEST| By SonalSummary Cryptocurrencies are being adopted rapidly with more online payments using crypto and more firms adding crypto to their investment offerings. They are popular as they make fund transfers easy, secure with minimum fees. Ethereum is incr.....
From India’s girl next door to IMF chief economist: The journey of Gita Gopinath
July 06, 2021 11:17 AM AEST| By Furquan MoharkanDays before the US Independence Day, on 2 July 2021, International Monetary Fund (IMF) Chief Economist Gita Gopinath was among the 34 immigrants honoured by a prestigious American foundation Carnegie Corporation – as a person "who has enriched...
Want to get Worldcoin? Be ready to get your retinas scanned
July 06, 2021 09:55 AM AEST| By SonalSummary Worldcoin, a new start-up, is planning to launch a new cryptocurrency for everyone on this planet. Users will get their retinas scanned through an orb device to get a Worldcoin account. Global wealth redistribution and universal basic .....
TSX soars to record high as crude rises, Loonie slips
July 06, 2021 07:30 AM AEST| By Team Kalkine MediaThe main Canadian index soared on Monday, July 5, as crude oil prices crossed the US$ 76 a barrel-mark for the first time since the fall of 2018. The S&P/TSX composite index shot up by 0.27% to 20,281.46 on Monday, while the rising crude prices...
10 red-hot stocks to buy in July
July 06, 2021 03:30 AM AEST| By Team Kalkine MediaWhile the Toronto Stock Exchange (TSX) comprises companies from across sectors and with different levels of financial and operational strength, some continue to outperform their peers through their resilience and adaptive techniques. Let’s loo...
Discord IPO: When is the chat app going public?
July 06, 2021 02:46 AM AEST| By AnujReports about Discord Inc., a group chat platform provider, heading for a public listing has been around for a while now. It also made headlines in the first quarter this year as reports surfaced that it is exploring a merger with Microsoft Corporati...