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News
Your Complete Guide: Companies Hitting the COVID-19 Vaccine Charter (Part 2)
July 21, 2020 03:59 PM AEST| By Team Kalkine MediaSummary Governments from several countries are taking initiatives to accelerate vaccine development for COVID-19 and ensuring fair distribution once a vaccine is approved. The COVAX facility is a global collaboration to fast-track the developme...
Japanese Exports face the Steepest Plunge as Economy sinks into Recession
July 21, 2020 02:29 PM AEST| By Team Kalkine MediaSummary Japan’s economy slipped into recession in May, with a contraction in GDP by 3.4% annually in Q1 2020, followed by a 7.3% plunge in the previous quarter. Exports plunged 26.2% in June from a year ago as overseas demand for cars, an...
Double-dip Recession: A possibility in the US?
July 20, 2020 08:28 PM AEST| By Team Kalkine MediaSummary The resurgence of COVID-19 cases in some nations worldwide along with the US has sparked fears and risk of another global economic downturn. The rapid acceleration of coronavirus cases in the US is threatening the economic recovery of t...
Airbnb Back to Square One?
July 20, 2020 07:52 PM AEST| By Team Kalkine MediaThe travel industry will not be the same again, says Airbnb CEO, Brian Chesky. The boss of Airbnb - a vacation rental online marketplace company, admitted losing almost everything of what it took them 12 years to build. The worldwide outburst of n...
How has Social Media changed the outlook for some Digital Stocks?
July 20, 2020 03:34 PM AEST| By Team Kalkine MediaSummary Social media has emerged as an influential medium to aid the efforts made by individuals and entities to expand their businesses. Quantifiable user data generated via social media platform are further tracked, segmented, and analysed at...
Morgan Stanley Delivers Record Results in Q2, Net Income Up 45%
July 19, 2020 01:10 AM AEST| By Team Kalkine MediaSummary Morgan Stanley recorded $13.4 billion in net revenues in 2Q 2020 with a net income of $3.2 billion. Its RoE was 15.7% and ROTCE was 17.8%. Strong market activity and performance of the Institutional Securities business helped the firm to...
ETFs Spike: 22 New Issuers on TSX in June, Highest Since January
July 18, 2020 02:00 AM AEST| By Team Kalkine MediaSummary Canadians are investing in ETFs at record levels, bringing inflows of C$ 22 billion in the first half of 2020 – highest in a half-year calendar period in a decade. Total of 79 new ETFs have debuted on the TSX in 2020, including 21...
‘DE’fensive and ‘OF’fensive: Pivoting Strategies for FAANG Stocks set for Action
July 17, 2020 10:09 PM AEST| By Team Kalkine MediaSummary It will not be an exaggeration to mention that as per NASDAQ, FAANG stocks not only withstand the market blow but also put up a “great show”. The market darlings of technology sector, FAANG stocks have grown stronger over th...
OPEC and Allies Ease Supply Cuts, Market Goes Range-Bound; Things You Should Know
July 17, 2020 09:55 PM AEST| By Team Kalkine MediaSummary The oil market is again range-bound despite supply ease by OPEC and allies as the market assesses the recent development to be balancing the demand and supply dynamics. OPEC and allies have decided to ease the production cut from a reco...
Start-Up CEO, Fahim Saleh Hacked to Death in his New York Luxury Apartment
July 17, 2020 09:47 PM AEST| By Team Kalkine MediaSummary 1) Tech CEO’s body found in luxury New York apartment. 2) A persona of interest is identified by NY Police Department, not in custody yet, 3) Tragic death of a visionary entrepreneur is a loss ...
China's Economy seems to be bouncing back from Coronavirus
July 17, 2020 07:21 PM AEST| By Team Kalkine MediaSummary China reported that its second-quarter GDP expanded by 3.2% in 2020 from a year earlier as lockdown measures ended, and stimulus was stepped up to overcome the shocks emerging from coronavirus crisis. While China's industrial output ros...
Huawei Banned from the UK’s 5G Mobile Phone Networks - UK China Lock Horns
July 17, 2020 06:14 PM AEST| By Team Kalkine MediaSummary The UK is the second-largest market for Huawei outside China. Billions of pounds will be spent on removing and replacing Huawei equipment from UK telecommunication sector. Stock market likely to become unstable as Huawei exits from the...
Bitcoin Swindle: Twitter Jams all verified accounts temporarily
July 17, 2020 04:07 PM AEST| By Team Kalkine MediaThe social media platform Twitter has verified accounts of prominent individuals and corporates from valorous fields such as politics, sports, movies, and technology world. It is a powerful platform for these people to connect with the masses. When...
Investing Tips: 4 Reasons Big Techs can always stay your best pal
July 17, 2020 02:55 PM AEST| By Team Kalkine MediaSummary The technology industry is full of distinct companies that are best in what they offer along with their larger scale and bargaining power. These big tech firms enrich from network effects with rising number of users who utilise their pr...
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Your Complete Guide: Companies Hitting the COVID-19 Vaccine Charter (Part 1)
July 16, 2020 07:03 PM AEST| By Team Kalkine MediaThousands of scientists worldwide are working on more than 160 investigational vaccine candidates, and so far, none of them has been approved for use. The surge in COVID-19 cases has made the availability of a vaccine the need of the hour. Healthc...
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A glance at Chinese Economy: rebounding or stalling?
July 16, 2020 06:36 PM AEST| By Team Kalkine MediaSummary Though economically China showcases progress, geopolitically China is garnering backlashes across the world, especially from the US for its recently imposed National Security Law on Hong Kong. China’s relationship with the US reac...
Canada’s Bright Spots Amid COVID-19: The Gradual Return of Investments in Sunshine Sectors
July 16, 2020 12:00 PM AEST| By Team Kalkine MediaCanada’s economy and employment has been decimated by containment measures enforced to curb the spread of the coronavirus. In days following the lockdown, the country’s economy entered a recession and markets crashed, wiping off investo...
Bank of Canada keeps benchmark rates intact, says full economic recovery unlikely before 2022
July 15, 2020 12:37 PM AEST| By Team Kalkine MediaThe Bank of Canada will maintain its current benchmark interest rate until the “two percent inflation target is sustainably achieved”, said central bank Governor Tiff Macklem while discussing the Monetary Policy Report (MPR) in a teleco...
Lens on COVID-19 Vaccine Developments: Pfizer & BioNTech Granted FDA Fast-track Designation and more
July 14, 2020 08:29 PM AEST| By Team Kalkine MediaSummary The unrelenting pressure from the coronavirus pandemic has made the development of a COVID-19 vaccine the top priority of governments and healthcare authorities around the globe. Pfizer and BioNTech obtained FDA fast-track designation f...
Crude Oil Continues on the recovery path, Libya blaming UAE on support to Hifter
July 13, 2020 10:32 PM AEST| By Team Kalkine MediaSummary Brent at US$42.81 a bbl, WTI at US$40.21 per bbl Strong demand recovery from India & China in June, US refined product demand growth awaited Libya internal disputes on oil revenue allocation continue, may experience a further disru...
Canadian AI All-Stars: Unveiling the Top Stocks for 2024