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Game on for Crypto: Inverse ETFs Will Create a Bull Vs Bear Race
April 30, 2021 07:06 PM AEST| By Team Kalkine MediaSummary Horizon ETF Management has launched the first inverse Bitcoin ETF, allowing investors to short crypto much in the same way investors can short a stock. Crypto ETFs provide an opportunity for mainstream investors to invest in cryptocurre.....
Rritual Superfoods (RSF:CSE) scales up 3rd manufacturing run to meet rising retail demand
April 30, 2021 04:33 PM AEST| By Team Kalkine MediaSummary Vancouver-based superfood company Rritual Superfoods has scaled up its third full-scale manufacturing run to meet the growing retail demand. Given the acceleration in demand, the Company has expanded its capacity to improve production l.....
How have the stocks of Big 5 tech firms responded to their quarterly results?
April 30, 2021 12:37 PM AEST| By Furquan MoharkanMarked by the results of the biggest five tech giants in the US, this week was probably the most crucial one of the ongoing earnings season. Alphabet, Microsoft, Amazon, Facebook, and Apple – all announced their March quarter numbers this wee.....
Intel extends its partnership with Samsung to strengthen the cross-device experience
April 30, 2021 11:59 AM AEST| By Team Kalkine MediaDigitization is becoming noticeable in the present times where you look. The COVID-19 pandemic accelerated the digital transformation. It brought challenges for people, but at the same time, it presented opportunities for many businesses to pursue .....
Amazon’s Net Profit More Than Triples In Q1 As Revenue Hits US$100B
April 30, 2021 11:00 AM AEST| By Team Kalkine MediaAmazon.com, Inc.’s (NASDAQ: AMZN) net income has more than tripled in the first quarter of 2021, backed by strong revenue growth in e-commerce and cloud business, the company said in its earnings report on Thursday, April 29. The technology .....
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S&P/TSX Composite Settles Lower, Down 0.52% to 19,255
April 30, 2021 07:30 AM AEST| By Team Kalkine MediaCanada’s main stock index showed a downturn on Thursday, April 29, on the account of falling metal prices. The S&P/TSX Composite Index settled 0.52% lower at 19,255.92. The weakness was primarily driven by the decline in high weightage tec...
VISA INC. Price Hits a New Lifetime High
April 30, 2021 07:00 AM AEST| By Team Kalkine MediaSummary VISA INC. gained 1.54 percent in the last trading session and has delivered ~14.81 percent returns in the last one month. Post breaking out of a crucial resistance level the stock hit a new lifetime high. Stock prices are trading in a.....
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Magnet Forensics (TSX:MAGT) Expands IPO, Stocks Soar 35% On Debut Day
April 29, 2021 10:55 PM AEST| By Team Kalkine MediaSummary Canadian tech firm Magnet Forensics Inc (TSX:MAGT) debuted on the Toronto Stock Exchange (TSX) on Wednesday, April 28. A day before its TSX debut, the cybersecurity startup expanded the size of its IPO from initially announced C$ 90 mil.....
Dogecoin Surging! Should You Buy It Ahead Of Elon Musk's SNL Debut?
April 29, 2021 08:45 PM AEST| By AnujCryptocurrency Dogecoin skyrocketed by over 32 per cent on Wednesday, April 29, following Tesla owner Elon Musk’s tweet describing himself as “The Dogefather”. The engineer-turned-entrepreneur is also set to represent the meme-cryp...
4 TSX Stocks Under $10 To Buy From Across Sectors
April 29, 2021 08:00 PM AEST| By Team Kalkine MediaSome investors, seasoned and rookie alike, prefer seeking out less expensive stocks when it comes to equity investment. While such stocks are often more prone to volatility, their low prices play an important role against the risk factor. For investo...
Dogecoin Skyrockets 20% in Just One Day
April 29, 2021 05:02 PM AEST| By Team Kalkine MediaSummary Dogecoin has risen over 20% in the past 24 hours following a tweet from Tesla founder Elon Musk. The crypto surged from US$0.25 to US$0.30 in just fifteen minutes. The surge had brought dogecoin to highs not seen for two weeks when the.....
Nexon joins Tesla, Mastercard, PayPal, BNY Mellon in Bitcoin bet
April 29, 2021 04:44 PM AEST| By Team Kalkine MediaSummary Nexon purchased Bitcoin worth US$100 million, representing nearly 2% cash and cash equivalents reserves of the company. The Japanese online gaming firm purchased 1,717 bitcoins at an average price of approximately $58,226. The big comp.....
Indian, Thai and HK stocks lead the APAC rally
April 29, 2021 03:33 PM AEST| By Furquan MoharkanSummary US Federal Reserve’s dovish tone has triggered a rally in APAC markets. Indian and Thai stocks are best performers. BSE Sensex has reclaimed the historic 50,000-mark The shares in India, Thailand and Hong Kong were the top .....
Robust ad revenue powers Facebook to 48% topline growth
April 29, 2021 01:32 PM AEST| By Furquan MoharkanSocial media behemoth Facebook Inc (NASDAQ:FB) saw a robust topline growth in Q3, owing to massive surge in the advertising revenues. The world’s largest social media company saw its revenues surging by 48% to US$26.17 billion in the quarter.....
US Fed maintains status quo on interest rate, bond purchases
April 29, 2021 12:49 PM AEST| By Furquan MoharkanThe American central bank, the US Federal Reserve (Fed), on Wednesday, maintained the interest rates near zero as part of its easy monetary policy, despite anticipating economic acceleration and higher inflation. The 11 members in the board of gov.....
CDC Asks Vaccinated Americans to Do Away With Masks. Is It Too Early A Decision?
April 29, 2021 12:01 PM AEST| By ManikaSummary CDC announced Wednesday that Americans didn’t need to mask up if they were fully vaccinated. CDC qualified that if going in large gatherings, masks might be needed. Does this guidance signals America’s return to normalcy. .....
Apple net profits double in Q2
April 29, 2021 11:11 AM AEST| By Furquan MoharkanWorld’s largest technology company by market capitalisation, Apple Inc (NASDAQ:AAPL), reported doubling of its net profits in first quarter of the financial year 2021. Apple reported net profit of US$23.63 billion in the quarter ended March .....
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Canadian Benchmark S&P/TSX Composite Hits New Record Level At 19,403.54
April 29, 2021 07:30 AM AEST| By Team Kalkine MediaThe S&P/TSX Composite Index registered an all-time high of 19,403 on Wednesday, April 28, and settled 0.95% or 181.86 points higher at 19,356. The benchmark Canadian equity index also recorded a fourth consecutive day of positive close on Wednesd...
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Ethereum Soars To Record High. Here’s What Caused Its Rise
April 28, 2021 11:42 PM AEST| By AnujSummary Ethereum, the world’s second biggest crypto asset, set a record peak of US$ 2,718.6 per token during Asian markets’ trading hours on Wednesday, April 28. The surge came in the wake of reports on European Investment Bank&rsqu.....
Thinkific (TSX:THNK) Stocks Surge 20% On Debut Day After C$160Mn IPO
April 28, 2021 08:23 PM AEST| By Team Kalkine MediaSummary Thinkific Labs Inc (TSX:THNC) went public on the Toronto Stock Exchange (TSX) on Tuesday, April 27. Its public debut comes after an initial public offering (IPO) that is said to have raised over C$ 160 million. The Vancouver-based comp.....
