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Can Bitcoin serve as an effective balm for inflation injuries?
March 24, 2021 03:46 PM AEDT| By AayushSource: Momentum Fotograh, Shutterstock Summary Hardcore Bitcoin enthusiasts say cryptocurrencies is the world’s best hedge against inflation, programmed to have a limited supply. An interesting relegation of a report is that just 2...
Hyundai And Singtel Sign an MoU On Smart Mobility
March 24, 2021 01:56 PM AEDT| By Team Kalkine MediaSource: Mameraman,Shutterstock Summary Hyundai and Singtel Group have signed an MoU to collaborate on 5G-enabled smart manufacturing & connectivity for electric vehicle battery subscription service. The collaboration would merge Hyund...
Now, You Can Pay In Bitcoins To Buy Tesla Cars
March 24, 2021 10:31 AM AEDT| By Team Kalkine MediaSource: Vitaliy Karimov, Shutterstock Summary Tesla becomes first auto major to allow the digital currency for car purchase in the US. The electric carmaker invested US$1.5 billion in Bitcoin in February. Tesla chief Elon Musk people in...
US Stocks Slip After Fed Chairman’s Comments
March 24, 2021 08:41 AM AEDT| By Team Kalkine MediaSource:ramcreations, Shutterstock Summary S&P 500 ticked down 0.76%, Dow Jones shed 0.94%, NASDAQ plunged 1.12%. Amazon to sell stake worth US$148 million in food delivery start-up Deliveroo. SoftBank-backed US real estate firm Compass ai...
Jack Dorsey’s Tweet NFT Rakes In $2.9M, Will Musk Sell His NFT?
March 24, 2021 08:33 AM AEDT| By Anuj@Kalkine Media 2021 Twitter founder Jack Dorsey traded his first-ever tweet as a non-fungible token (NFT) for little over US$ 2.9 million on Monday, March 22. The tweet NFT was auctioned by US-based company Cent’s digital platform ‘Valu...
TSX Composite Index falls 0.77% to 18,669 Level
March 24, 2021 08:32 AM AEDT| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. The TSX Composite Index dropped by 0.77% to 18,669.80 on Tuesday and recorded trade volume of 252.07 million. The sectors attributing to this fall are Healthcare, Energy and Basic Materials, registering d...
3 Rising TSXV Stocks To Invest This Week
March 24, 2021 04:36 AM AEDT| By Shreya BiswasSource: Freedomz, Shutterstock While micro and small-cap companies come with their own set of risks, they often draw the attention of investors with their affordable stock prices. This ridesharing app stock recorded a significant growth o...
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Facebook Ties Up With Canada Govt To Spread COVID Vaccine Info
March 24, 2021 04:21 AM AEDT| By Team Kalkine MediaSource: siam.pukkato, Shutterstock To reach millions of people with authentic information on COVID-19 vaccines, Facebook’s (NASDAQ: FB, FB: US) Canada division is partnering with the Canadian government to support the efforts of the health aut...
MDA IPO Date to Stock Price: All You Need To Know
March 24, 2021 01:58 AM AEDT| By Shreya Biswasking to get MDA listed on the Canadian bourse of Toronto Stock Exchange (TSX). Putting all rumors to rest, Canadian space tech firm MDA Inc announced that it has filed the required preliminary prospectus for an initial public offering (IPO). Re...
2 NFT Stocks To Buy: Takung (TKAT) & JFIN
March 23, 2021 10:03 PM AEDT| By AnujSource: pedrosala, Shutterstock Stocks of Takung Art Co. Ltd. (TKAT:US or NYSE: TKAT) have continued to rally and put up another stellar trading session on Monday with over 65 per cent returns, propelled by the Non-Fungible Token (NFT) craze. ...
Federal Government Extends CEBA Loan Till June 30
March 23, 2021 09:37 PM AEDT| By Team Kalkine MediaSource: fizkes, Shutterstock Summary This extension will enable businesses to get the support they need amidst COVID-19 restrictions and regulations. Over 8.5 million loans under this scheme have been granted till March 18, 2021. In a bid...
Apple Inc. hit with a US$308.5 Mn fine for DRM patent infringement
March 23, 2021 01:03 PM AEDT| By Team Kalkine MediaSource: nui7711, Shutterstock Summary Global tech giant Apple Inc. to pay Personalized Media Communications for the infringement of a patent related to DRM (digital rights management). The jurors asked Apple to pay a running royalty depen...
US Markets Edge Higher After Tech, Cyclical Stocks Rally
March 23, 2021 08:43 AM AEDT| By Team Kalkine MediaSource:violetkaipa, Shutterstock Summary S&P 500 gained 0.70%, Dow Jones rose 0.32% and NASDAQ surged 1.23%. Canadian Pacific seals deal to acquire US cargo rail company Kansas City for US$25 billion. The 10-year Treasury bond yields drop...
TSX Composite down by 0.21% to 18,815 Level
March 23, 2021 08:02 AM AEDT| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. On the first day of the week, the TSX composite index showed a downward movement of around 0.21%. The index slipped to 18,815.13 v/s 18,854.00 from the previous day on Monday, March 21, 2021. The volume...
Canada’s February ETF Sales Surge On Newly Launched Crypto ETFs
March 23, 2021 03:22 AM AEDT| By Shreya BiswasSource: DedMityay, Shutterstock Summary Of the C$ 5.8 billion that Canadian exchange-traded funds (ETFs) secured in net sales for the month of February, about C$ 1 billion is said to be coming into the newly launched cryptocurrency bitcoin fund...
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3 TSX Active Stocks To Watch Out This Week
March 23, 2021 03:07 AM AEDT| By Shreya BiswasSource: solarseven, Shutterstock Summary This Canadian uranium company is set to see its stocks get added to the S&P/TSX Composite Index on Monday, March 22. This company launched a bought deal offering of 33.4 shares, at a price of C$ 4.5...
Auto industry back on track? Detroit 3 posts robust Q4 results
March 22, 2021 07:07 PM AEDT| By Team Kalkine MediaSource:Jenson, Shutterstock Summary The Detroit 3 automakers - Ford Motor, General Motors, and Fiat Chrysler Automobiles - posted robust earnings in their fourth quarter ended 31 December 2020. Ford’s adjusted EPS during the three months...
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Is US FED Also Slipping Into a Liquidity Trap Like the Bank of Japan?
March 22, 2021 07:01 PM AEDT| By ManikaSource: Freedomz, Shutterstock Summary Federal Reserve (Fed) could be getting into a liquidity trap Fed Chairman, Jerome Powell said last week that America is officially trapped below zero After making all the efforts to keep the businesses a...
4 Drone Stocks From Across The World To Watch In 2021
March 22, 2021 01:55 PM AEDT| By Mark O'Donnellwing article details four drone companies working across the breadth of the industry. Drone technology has advanced to the point that serious consideration is being given to its commercial and industrial application. The drone industry is expect...
Is Nokia Due For A Comeback In 2021?
March 22, 2021 01:23 PM AEDT| By Mark O'DonnellSource: Arnold O. A. Pinto, Shutterstock Summary Nokia was once a leading technology company that has largely fallen from favour. However, the Finnish technology Company generated €6.568 billion in Q4 2020. Nokia is vying to be a ma...
