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Jessica Alba’s Honest Co To Go Public: All Details About The IPO
April 28, 2021 07:17 PM AEST| By AnujSummary Consumer goods enterprise The Honest Company is planning to go public on the Nasdaq exchange. It announced on Monday, April 26, that it is seeking a valuation of more than US$ 1.5 billion in its initial public offering (IPO). Hollywood.....
Deutsche Bank logs best quarterly show in 28 quarters
April 28, 2021 06:30 PM AEST| By Furquan MoharkanSummary Deutsche Bank reports net profit of EUR908 million – best in 7 years Investment banking propels 14% growth in the revenues Lesser expenses, provisions help the bank Following in the footsteps of its Wall Street peers, German.....
Bitcoin regains lost ground on reports of JPMorgan fund
April 28, 2021 01:15 PM AEST| By Team Kalkine MediaBitcoin (BTC), the most popular cryptocurrency, extended gain on Tuesday as investors took opportunity of the last week’s dip in prices to pile up their digital currency assets. The price of bitcoin climbed as high as US$55,514 in the past 2.....
COVID-19 onslaught at its peak: India marks its deadliest day of pandemic
April 28, 2021 01:00 PM AEST| By Furquan MoharkanThe concerns over have increased manifolds, as the world’s second most populous country – India – marked its deadliest day since the onset of the pandemic. There seemed to be no let-up in the unrelenting onslaught of COVID-19 as .....
Google shares surge on buyback worth US$50 billion
April 28, 2021 11:46 AM AEST| By Furquan MoharkanSummary Google’s shares have surged by 450 bps in the afterhours of trade. The rally has been triggered by a massive buyback. Alphabet Inc has announced blockbuster quarterly results The shares of technology giant Alphabet Inc (NASD.....
Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth
April 28, 2021 09:05 AM AEST| By Team Kalkine MediaSummary Microsoft’s total revenues rose 19% to US$41.7 billion, while its operating income jumped 31% to US$17 billion in the quarter ended March 31, 2021. Microsoft stocks (NASDAQ:MSFT) were trading flat at US$261.97 at 4:00 pm ET on Tue.....
Copper Prices Hit 10-Year High, Lift TSX Composite Index Up 0.02% to 19,175
April 28, 2021 07:12 AM AEST| By Team Kalkine MediaCopper prices surged to a 10-year high on Tuesday, April 27, with copper futures hitting US$ 4.48 per pound after Chile port workers declared a strike. The strike was called in response to President Sebastian Pinera’s bill for early withd...
Amazon Stocks (NASDAQ:AMZN) Shine On Stock Split Hopes
April 28, 2021 04:24 AM AEST| By Team Kalkine MediaSummary News of Amazon stock split draws fresh attention to the stocks, whose value jumped nearly 44% over the past year. Amazon is likely to announce its latest quarterly results later this week. Amazon’s net sales had risen by 38% in 2.....
Tesla’s (TSLA) Bet On Crypto & Carbon Credit: A Boon or Bane?
April 28, 2021 02:04 AM AEST| By AnujInvestment in sustainable and eco-friendly companies is at an all-time high on the back of North American governments’ pledge to meet their zero-emission targets by 2050. Although some analysts term this “over-investment” in renewab...
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GameStop, AMC & NAKD Soar: Reddit-Fueled Meme Stocks Back For A Rally?
April 27, 2021 09:50 PM AEST| By AnujReddit-based retail investors seem to be at it again. Meme stocks that went on a massive rally around late-January this year rose sharply again on Monday, April 26. Day traders on Reddit forums took center stage earlier this year when they triggered...
Churchill (CCIV) Stock Up 16%: Why Is Lucid's SPAC Partner Soaring?
April 27, 2021 07:16 PM AEST| By Team Kalkine MediaStocks of blank check company Churchill Capital IV (NYSE:CCIV, CCIV:US) shot up by over 16 per cent on Monday, April 27. The spike came following rumors that electric vehicle (EV) company Lucid Motors is partnering with Apple (NASDAQ:AAPL, AAPL:US.....
Bitcoin Roars Back Following Last Week’s Massive Sell-Off
April 27, 2021 05:39 PM AEST| By Team Kalkine MediaSummary Bitcoin rebounded significantly to AU$69,116 a coin on Monday morning after dropping to a low of AU$47,549 last week. Tesla is set to release its first set of results after adding US$1.5 billion worth of Bitcoin to its portfolio in Marc.....
Which countries are testing the most as COVID-19 explodes?
April 27, 2021 03:56 PM AEST| By Furquan MoharkanThe world is grappling with a deadly second wave of the COVID-19 pandemic. Many countries, like India, Turkey, and Brazil, as of date, are reporting infections and deaths at alarming rates. However, to report the cases accurately, the countries wi.....
APAC markets open flat; Bank of Japan, COVID-19 crisis in focus
April 27, 2021 11:56 AM AEST| By Furquan MoharkanThe shares in Asia Pacific (APAC) countries opened marginally lower on Tuesday morning as investors kept a close watch on Bank Of Japan’s (BoJ) interest rate decision. At the time of filing this copy, most of the Asian and Oceanian indices w.....
Cryptocurrency Surge Gives Way to an Increase in Number of Scams
April 27, 2021 10:30 AM AEST| By Team Kalkine MediaSummary ASIC has recorded a recent rise in crypto-related scams. Banks are not legally obligated to return customer’s money lost to crypto scams. Investors can take precautions to prevent falling victim to such fraudulent activities. .....
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Strength In Energy Stocks Send TSX Composite Index Higher, Up 0.36% To 19,170.
April 27, 2021 07:57 AM AEST| By Team Kalkine MediaBoosted by energy stocks and positive first quarter earnings update from Canadian National Railway, TSX Composite Index showed an upward momentum on Monday, April 26. However, gains were partially offset after TSX Composite constituent Fortuna Silver...
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Are you being conned? Here's how to identify cryptocurrency scams
April 27, 2021 06:00 AM AEST| By Team Kalkine MediaSummary Despite a host of new cryptocurrencies to add to the 4000+ that are currently out there, investors should be wary of which companies are legitimate. ‘Memecoins’ – including ‘Dogecoin’ – are coins base.....
5 TSX Stocks To Buy Before April Ends
April 27, 2021 02:18 AM AEST| By Team Kalkine MediaMany Canadian investors looking for a passive income source come to the Toronto Stock Exchange (TSX) to explore their options. As of market close, over 170 million shares were traded on the S&P/TSX Composite Index on Friday, April 23. If...
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NFT Art Finance: A New Crypto In Focus
April 26, 2021 11:42 PM AEST| By AnujDevelopers of the Non-Fungible Token (NFT) Art Finance project are focused on creating a list of digital fine artworks, music and testimonial of ownerships as an NFT. This project also expects to provide an NFT auction launchpad by June this year, as...
Elongate: How Elon Musk's ‘Joke’ Became A Cryptocurrency
April 26, 2021 07:36 PM AEST| By AnujIn March, Tesla owner Elon Musk jokingly requested in a tweet that if there ever is a scandal about him, it should be named ‘Elongate’. He was, of course, referring to the massive Watergate controversy that took place under US President R...
