News
US Stocks End Mixed Ahead Of Key Fed Meeting
March 17, 2021 08:57 AM AEDT| By Team Kalkine MediaSource:Chaiyapak Mankannan, Shutterstock Summary S&P 500 dropped 0.16%, Dow Jones ticked down 0.39%, and NASDAQ gained 0.09%. Technology, utilities, and real estate stocks edged higher amid a lacklustre session. Nokia to layoff at least 1...
TSX Pauses 7-Day Rally, Declines to 18,874.01
March 17, 2021 08:38 AM AEDT| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. Weakness in the US markets dragged Canadian indices lower as well. The flagship index of the Toronto Stock Exchange, the S&P/TSX Composite, settled in red after seven consecutive days of positive clos...
How To Buy Lion Electric Stock?
March 17, 2021 07:24 AM AEDT| By AnujSource: MinskDesign ,Shutterstock There’s a high search volume on information around Lion Electric stock, which announced yesterday that it will establish a battery facility in Quebec. How to buy Lion Electric stock? What is Lion Electri...
Elon Musk, ‘Technoking of Tesla’, Launches NFT Theme Sound
March 17, 2021 03:23 AM AEDT| By AnujSource: Melena-Nsk, Shutterstock Tesla’s Chief Executive Officer Elon Musk's changed its Twitter profile title to "Technoking of Tesla". He derived this title from the latest official regulatory filing that also provided a title of "Master of...
Super Richest 1% Now Control 25% Of Canada’s Wealth
March 17, 2021 03:05 AM AEDT| By Ipsita SarkarSource: enciktepstudio, Shutterstock The fact that income inequality has been rising over the last couple of decades is not exactly new. But income inequality reaching an all-time high due to the pandemic-induced global economic slump is worth taki...
Medicago’s Plant-Based COVID Shot Begins Phase 3 Trial With GlaxoSmithKline
March 17, 2021 03:02 AM AEDT| By Shreya BiswasSource: Aedka Studio, Shutterstock Summary Canadian biopharmaceutical firm Medicago Inc announced on Tuesday that its plant-derived COVID-19 vaccine candidate has been ushered into Phase 3 clinical trials. Medicago said that its shot will be t...
China tightens the noose on Alibaba, tells it to divest media assets
March 16, 2021 04:10 PM AEDT| By Aayushh. These stakes are viewed unfavourably by the Chinese Communist Party. The Chinese government has ordered Alibaba Group Holdings to sell its media assets as officials were concerned about the technology giant's hold over public opinion in the...
COVID-19: How Well Have The Vaccine Makers Performed?
March 16, 2021 04:05 PM AEDT| By Mark O'DonnellSource:Dimitris Barletis ,Shutterstock There are currently four major vaccines rolling out around the world. Some of these vaccines have been developed by companies that are listed on exchanges. The amount of business these companies are doing right...
More EU nations suspend AstraZaneca’s vaccine amid growing blot clot concerns
March 16, 2021 02:13 PM AEDT| By Team Kalkine MediaSource arda ,Shutterstock Summary Major EU nations, including France, Germany, and Italy, have stopped the rollout of Oxford-AstraZeneca’s COVID-19 jab amid blot clot concerns. Meanwhile, the WHO and EU medicine regulator emphasised...
Food Delivery: Which Company Is Winning The War?
March 16, 2021 11:59 AM AEDT| By Mark O'Donnella wide margin but has not made any inroads in markets outside its home country. Food delivery services have hit their stride over the past few years. In 2020, the lockdowns enacted around the globe in response to the pandemic have been a signif....
US Stocks Edge Higher After Utilities, Consumer Cyclicals Rally
March 16, 2021 08:37 AM AEDT| By Team Kalkine MediaSource: Vintage Tone, Shutterstock Summary S&P 500 rose 0.65%, Dow Jones was up 0.53%, and NASDAQ gained 1.05%. France, Italy, and Germany halt AstraZeneca shots after blood-clog reports in patients. Stripe becomes Silicon Valley&rsq...
TSX Composite Hits Another All-Time High,
March 16, 2021 08:27 AM AEDT| By Team Kalkine MediaEquity markets in North America settled in green on Monday. After weaknesses in the early hours of trading, indices moved higher in the second half of the day. The S&P/TSX Composite index traded 0.55% or 103.43 points higher at 18,954.75. The ind...
Bitcoin Plunges After Crossing $61K Amid Indian Crypto Ban Report
March 16, 2021 03:39 AM AEDT| By AnujSource: Mc_Cloud, Shutterstock Bitcoin was trading at an all-time high of US$ 61,556.59 over the weekend. On early Monday morning, the giant crypto coin started dropping amid a crypto ban report from India. The world's strongest electronic currency...
How is US Dollar index faring today?
March 15, 2021 08:17 PM AEDT| By Team Kalkine MediaSource: Mehmet Doruk Tasci, Shutterstock Summary Friday saw the US dollar index riding higher on the back of surging yields and improved economic conditions in the US. The AUD/USD pair fell 0.4% on Friday while the June US Dollar index futures...
EU faces AstraZeneca’s COVID-19 vaccine shortage amid manufacturing concerns
March 15, 2021 02:52 PM AEDT| By Team Kalkine MediaSource: OrelPhoto, Shutterstock Summary EU is confronting a shortage of AstraZeneca’s vaccine in its COVID-19 vaccination program. AstraZeneca has raised some manufacturing and export concerns that could decrease vaccine deliveries. Som...
Is oil's bull run here to stay?
March 15, 2021 01:15 PM AEDT| By Team Kalkine MediaSource: pan demin,Shutterstock Summary Crude oil floats near US$70 to start the week amid rising demand and ongoing production cuts from OPEC+. Earlier, Brent crude oil prices took off over US$70 per barrel after an oil facility in Saudi...
5 Cheap Renewable Energy Stocks To Keep An Eye On In 2021
March 15, 2021 01:00 PM AEDT| By Mark O'DonnellSource: Eviart, Shutterstock Summary Renewable energy stocks are highly desirable in the current climate. Although, some stocks can still be picked up at cheap price. The increase in renewable energy projects bodes well for the industry, .....
What fuelled Bitcoin’s recent push to US$61,000
March 15, 2021 12:28 PM AEDT| By Aayushh after US President Joe Biden signed a massive US$1.9 trillion economic relief package. On 13 March 2021, Bitcoin had made yet another record, surpassing the US60,000 mark for the first time. The rally in Bitcoin continues to take the largest c...
E-commerce boom fuelling a train of IPOs with Coupang's blockbuster debut
March 15, 2021 11:55 AM AEDT| By Team Kalkine MediaSource:Tashatuvango ,Shutterstock Summary The pandemic-induced boom in the e-commerce industry has opened new opportunities for the players. E-commerce companies like Coupang have made successful debut on the stock exchanges. Many other playe...
Clamour Grows Against Big Tech Cos Like Facebook Over Monopoly Tactics
March 14, 2021 04:12 PM AEDT| By Team Kalkine MediaSource: Chinnapong, Shutterstock Summary Facebook resorted to acquiring rival firms to eliminate competition, officials contend. Lawmakers seek bipartisan support for giving more teeth to antitrust law. Facebook says SC precedent does not req...