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US stocks close higher on positive earnings outlook, economic data
July 02, 2021 08:29 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, July 1, as a strong economic recovery increased the prospect of a robust earnings season of big companies in the coming weeks. The S&P 500 was up 0.52% to 4,319.94. The Dow Jones gained 0.38% to 34...
Six cryptocurrencies ready to make a big splash. Check them out here
July 02, 2021 06:46 AM AEST| By Team Kalkine MediaSummary Crypto means cryptography that allows developers to create and process currencies and their transactions through a decentralized network. A cryptocurrency is a digital or virtual token; some cryptocurrencies are also available in the fo.....
Data Is New Oil. Here is why.
July 01, 2021 04:06 PM AEST| By Furquan MoharkanIt is said that “Data is the new oil. Like oil, data is valuable, but if unrefined it cannot really be used.” It was famously first coined by Clive Humby, UK Mathematician, and architect of Tesco's Clubcard. Data seems to be most sought...
How to buy IPO before it goes public
July 01, 2021 02:40 PM AEST| By Team Kalkine MediaIn financial markets, the most effective way to raise funds for a company is through a bank loan or public listing via IPO or DPO or SPAC route, also known as equity investing. However, the flip side of taking a loan is that it is expensive. Moreover...
How is lithium mined, and why its mining is criticized?
July 01, 2021 01:34 PM AEST| By Team Kalkine MediaSummary The demand for lithium has surged significantly due to the high demand for lithium-ion batteries used in portable devices and electric vehicles. Lithium is primarily extracted from ore mining and salt deserts which are also known as sal.....
Wimbledon 2021: We’re mostly at fag end of the men’s tennis’ greatest era!!
July 01, 2021 01:08 PM AEST| By Furquan MoharkanRoger Federer Playing at Central Court of All England Club, Wimbledon, UK. Wimbledon, also known as The Championship, has started. Widely regarded as the most prestigious tennis tournament, The Championship, is the oldest tennis tournament. I...
Which are the top cryptocurrencies available?
July 01, 2021 09:10 AM AEST| By Kiran MuraliA cryptocurrency is a virtual form of currency that is secured by cryptography. This unregulated digital coin is being used to make payments. It can be sent to anyone, anywhere, without any third-party intermediaries. This unregulated digital asset...
US markets end mixed; energy, industrial stocks lead
July 01, 2021 07:47 AM AEST| By Sanjeeb BaruahAll major US stock markets closed mixed on Wednesday, the last day of the month, as energy, industrials, and consumer staple segments saw modest gains amid a positive economic outlook. The S&P 500 was up 0.13% to 4,297.50. The Dow Jones gained 0...
TSX down after gloomy GDP data, Loonie rises
July 01, 2021 07:27 AM AEST| By Team Kalkine MediaCanada’s main stock index marginally declined on Wednesday, June 30, as official data showed lowered real gross domestic product (GDP) for April 2021 and forecast contraction for May as well. The S&P/TSX Composite Index fell 0.03% to 20,16...
Canada’s GDP fell 0.3% in April. What’s in store for the economy?
July 01, 2021 02:07 AM AEST| By Raza NaqviAmid stricter COVID-19 measures in the wake of the third pandemic wave, Canada's real gross domestic product (GDP) contracted by 0.3 per cent in April 2021, Statistics Canada reported on Wednesday, June 30. The data agency noted that this was the fi...
Top 10 Cryptocurrencies in the UK
July 01, 2021 12:51 AM AEST| By Kamalika GhoshSummary In recent times cryptocurrency has gain popularity in the UK market with over 2.3 million investors as per an FCA survey. One can invest in cryptocurrency by using regular currency on any of the UK based cryptocurrency exchang.....
Didi stock: When & where to buy shares of this ride-sharing giant
June 30, 2021 09:23 PM AEST| By Team Kalkine MediaDidi Global Inc (NYSE:DIDI) is set to debut on New York Stock Exchange under the ticker 'DIDI' on Wednesday, June 30. The Chinese ride-hailing giant raised US$4.4 billion in an upsized deal on Tuesday after setting the IPO price at US$14, at t...
Rritual Superfoods makes further inroads in the US market with CVS deal
June 30, 2021 05:17 PM AEST| By Team Kalkine MediaSummary Rritual Superfoods has announced that its premium brand functional superfoods will be rolled out in CVS stores. The product launch across the largest drug chain in the US is a significant milestone for the Company’s retail rollout.....
APAC markets beat morning blues to trade in green
June 30, 2021 05:05 PM AEST| By Furquan MoharkanThe equity markets across the Asia-Pacific (APAC) region have pared the morning losses as both China and Japan markets are trading in green. Despite trading in the negative territory in the morning trade, shares in Mainland China closed lower. The S...
A look at top 5 cryptocurrencies in New Zealand
June 30, 2021 05:04 PM AEST| By Jasmine AnandSummary Investing in cryptocurrency is enticing investors all over the world. New Zealand is bowled over by the thrill of investing in digital currencies. Kiwis can invest in several cryptocurrencies in various crypto exchanges operating.....
What has COVID-19 taught us about insurance?
June 30, 2021 02:33 PM AEST| By Furquan MoharkanPandemics, in general, come with many lessons. They bring to table new ways of leading life, stimulate scientific explorations into uncharted territories and end up shaking the existing world order. COVID-19 is no different. It has stoked a range of...
How is crude oil extracted?
June 30, 2021 12:13 PM AEST| By Nitish KumarSummary The earliest known oil wells were drilled in ancient China around 200-300 A.D. John D. Rockefeller, the first billionaire of the modern world, earned his fortune through the oil business. Oil and gas exploration uses modern and state-o.....
Crypto picks up speed: Formula 1 signs a US$100M deal with crypto.com
June 30, 2021 11:13 AM AEST| By Furquan MoharkanThe Formula 1 fans should brace themselves to find a new name on the tracks – and the one that coincides with disruption and changing times. And no, it not Mick Schumacher – the son of celebrated legend Michael Schumacher – or any...
What is crypto fear and greed index?
June 30, 2021 10:55 AM AEST| By AayushSummary A crypto fear and greed index is essentially an oscillator, which quantitively depicts the sentiments of crypto investors/speculators. Generally, it ranges in value from 0 to 100, with 0 depicting extreme fear and 100 being extreme gree.....
The power of Facebook to help counter climate change
June 30, 2021 09:22 AM AEST| By RomaSummary Facebook joins the climate change wagon pledges to promote change As part of the EU commission the aim is to educate and inform Wide reach and impact of social media could be of crucial in the matter In a recent development, Faceb.....
