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TSX Falls Over 15 Points Amid Lingering Inflation Concerns
May 22, 2021 07:17 AM AEST| By Team Kalkine MediaThe Canadian equity benchmark S&P/TSX Composite fell on Friday, May 21, amid lingering inflation concerns. The TSX index closed with marginal loss, failing to set another record high, despite the resurgence energy sector after three days of falli...
5 Discounted Stocks To Buy Before Q3
May 22, 2021 06:35 AM AEST| By Team Kalkine MediaEven as the world awaits a faster recovery from the pandemic crisis, many investors are looking for a period of slump to add discounted stocks to their portfolios in the hopes of earning healthy returns in future. With economic revival varying in ea...
Oatly (NASDAQ:OTLY) Soars Post IPO: Time To Buy This Vegan Stock?
May 22, 2021 05:19 AM AEST| By Team Kalkine MediaOatly Group AB (NASDAQ:OTLY, OTLY:US), a Swedish plant-based dairy producer, has finally debuted on the American public markets after a long-awaited initial public offering (IPO). The vegan milk manufacturer raised gross proceeds worth US$ 1.4 billi...
Post Crypto Crash, What Are Bitcoin's Resistance & Support Levels?
May 22, 2021 02:54 AM AEST| By AnujAfter the cryptocurrency market crash on Wednesday, May 19, Bitcoin (BTC) has settled at its support level of US$ 38,000 for the last two trading days. However, crypto analysts have varied resistance level predictions for the volatile token. Bitcoin...
Droughts Can Jeopardize Canada’s Agricultural Sector & Economy
May 21, 2021 07:39 PM AEST| By Team Kalkine MediaClimate change and extreme weather conditions are an area of concern for the entire Canadian economy. It not just affects the agricultural industry but have wider implications for citizens. Drought situations in parts of Canada, as reported by the A...
Rritual Superfoods (RSF:CSE), NEXE join hands for Compostable Superfood Products
May 21, 2021 05:14 PM AEST| By Team Kalkine MediaSummary Canada-headquartered superfood company Rritual Superfoods has signed an agreement with innovative materials firm NEXE Technologies. The collaboration will establish a strategic alliance leveraging the strengths of the two parties to dev.....
Elon Musk Calls for Renewable Energy Audits by Bitcoin Miners
May 21, 2021 04:57 PM AEST| By Team Kalkine MediaTesla (NASDAQ:TSLA) CEO and Bitcoin flip-flopper Elon Musk said on Thursday that concerns about Bitcoin’s environmental impact could be addressed by audits of renewable energy used by its miners. Source: © Niserin | Megapixl.com In a.....
US Stocks Rebound On Upbeat Labor Data
May 21, 2021 08:17 AM AEST| By Team Kalkine MediaAll benchmark US indices closed higher on Thursday, May 20, halting a downward trend witnessed in the past three days, as stocks bounced back sharply amid positive labor data. The S&P 500 was up 1.06% to 4,159.12. The Dow Jones Industrial Averag...
TSX Hits Record High Led By Tech Stocks, Lightspeed & ATS Top Gainers
May 21, 2021 07:30 AM AEST| By Team Kalkine MediaThe S&P/TSX Composite Index reached a record high on Thursday, May 20, supported by the tech sector and improved employment levels depicting an economic revival. The benchmark Canadian index climbed 125.92 points to a record high close of 19,542...
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Crypto Market Rollercoaster: Musk's ‘Manipulation’ Or Frenzied Buying?
May 20, 2021 10:40 PM AEST| By AnujThe cryptocurrency market saw an unusual convergence of bearish fundamentals on Wednesday, May 19, triggering a massive plunge across all digital coins. Later in the day, however, crypto analysts were left scratching their heads as Bitcoin prices ma...
How did the Latest Crash affect Cryptocurrencies’ YTD Returns?
May 20, 2021 07:18 PM AEST| By Team Kalkine MediaSummary Several major cryptocurrencies experienced devastating dives yesterday, including Bitcoin and Ethereum. Although many cryptocurrencies lost big, they still mainly offer a positive year-to-date (YTD) return. Several cryptocurrencies.....
Just How Tethered is Tether?
May 20, 2021 04:01 PM AEST| By Team Kalkine MediaSummary Tether is what’s known as a ‘stablecoin’ which is a crypto somehow tied to an external source like currency or precious resources. Tether released a “breakdown” of its capital reserves to assure the public .....
Is the wild ride still on for these five cryptocurrencies?
May 20, 2021 03:02 PM AEST| By AayushSummary The crypto space seems to have taken a tumultuous U-turn, having enjoyed a one-sided rally since October last year. China has knocked out the crypto bulls off the ring by banning cryptos completely. On the charts, Bitcoin is being seen.....
Altan Rio (TSXV:AMO) beefs up Southern Cross exploration with Pilot Deposit in focus
May 20, 2021 02:31 PM AEST| By Team Kalkine MediaSummary Altan Rio holds a strong land position in a premier gold province of Western Australia. The Southern Cross North project has near term cash flow potential to fast track the exploration and development activities. The recent drilling pr.....
Is US getting ready to tighten monetary policy? Fed drops hawkish hints
May 20, 2021 12:28 PM AEST| By Furquan MoharkanSummary The Fed has said that it would tighten the monetary policy, if the economy improves. The Fed hints at truncating its bond purchases programme. The balance sheet of Fed has doubled during the pandemic. The US Federal Reserve is mul.....
Five cryptocurrencies that lost more than 50% in 24 hours
May 20, 2021 12:18 PM AEST| By Furquan MoharkanThe cryptocurrency market has collapsed – marking its biggest single day loss in history. Bitcoin crumbled by 30% while Ethereum plummeted 44% -- all within 24 hours. But they aren’t the biggest losers still. The seven biggest losers in.....
Six Major Gold Miners with Massive Reserves
May 20, 2021 10:25 AM AEST| By Team Kalkine MediaSummary Gold prices have been edging higher over the weaker US dollar and growing inflationary pressure. China, Russia, Australia, Canada, and the US are the major gold suppliers, accounting for a significant portion of the global gold deposits.....
Coinbase Stock Hits Record Low As Bitcoin Nosedives
May 20, 2021 08:50 AM AEST| By Kiran MuraliSummary Coinbase stock marked its record low of US$208 in Wednesday’s trading. Bitcoin plunged as much as 29 percent before regaining some of the losses. Coinbase users experienced an outage while logging in for trading and balance check.....
US Stocks Plunge In Broad Rout, Bitcoin Sees Record One-Day Fall
May 20, 2021 08:32 AM AEST| By Team Kalkine MediaUS stock markets continued a losing streak on Wednesday, May 19, as losses across all sectors deepened amid a dwindling risk appetite among investors and a sharp decline of cryptocurrencies. The S&P 500 was down 0.29% to 4,115.68. The Dow Jones...
TSX Falls Amid Oil Demand Concerns, Teck & First Quantum Top Losers
May 20, 2021 07:30 AM AEST| By Team Kalkine MediaThe S&P/TSX Composite Index fell on Wednesday, May 19, as energy stocks weakened due to falling oil prices amid demand concerns. The main Canadian index traded 0.46% lower at 19,417.03 at close. Additionally, rising inflation data also took a to...
