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PWP Forward (NASDAQ: FRWAU), A Women-Led SPAC, Goes Public
March 11, 2021 08:40 PM AEDT| By Shreya Biswasch 10. Its offering is expected to close two days later on March 12. PWP Forward Acquisition Corp I, a blank check company headed by women, has decided to hit the big milestone of getting publicly listed in the week of International Women&rsquo...
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Vaccine Updates From Different Nations: The UK, The US, NZ, CA, AU
March 11, 2021 05:53 PM AEDT| By Mark O'Donnelleyes partners but can afford to do so with few community cases in each country. United Kingdom Source: Copyright © 2021 Kalkine Media Pty Ltd The Oxford- AstraZeneca and Pfizer BioNTech vaccines began rolling out in the UK in December...
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Four recent IPOs that had a blockbuster debut
March 11, 2021 05:02 PM AEDT| By Team Kalkine MediaSource: patpitchaya, Shutterstock Summary IPOs are a significant step for a company as it gets the opportunity to raise capital for further business expansion. Recently, investors witnessed multiple successful IPOs, making their presence felt...
EVs Charging Station Stocks To Rise In 2021; Here’s Why
March 11, 2021 12:47 PM AEDT| By Mark O'DonnellSource: guteksk7 ,Shutterstock Summary EVs charging stocks are gaining from a spill-over of investor enthusiasm for Electric Vehicles. Blink Charging shares have multiplied exponentially in the past 52 weeks, up by over 2000%. EVBox is f...
Roblox Corp. Shares (NYSE:RBLX) Jump 54% in NYSE Debut
March 11, 2021 10:15 AM AEDT| By Ipsita Sarkar2004, the company offers a range of online gaming products for its users. Shares of virtual gaming platform Roblox Corporation (NYSE:RBLX) surged 54 per cent after its debut via a direct listing on the New York Stock Exchange (NYSE) on Wednesday...
North American Markets Today: Top Five Developments
March 11, 2021 09:53 AM AEDT| By Team Kalkine MediaSource: bluebay, Shutterstock North American markets saw various developments from deals, IPOs, central bank rates to new covid vaccine orders that dominated the sessions on Wednesday. The following are some of the highlights. GE to Wind Do...
US Markets Surge As Energy, Financials Fly High, Inflation Fears Ebb
March 11, 2021 08:43 AM AEDT| By Team Kalkine Media> The 10-year Treasury bond yields were down 1.81% to 1.516 on Wednesday. US markets closed higher on Wednesday after energy, financials, and energy stocks surged as new data showed that inflation continued to remain low, and effects of the sti...
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Bank of Canada Leaves Key Rate Unchanged, Cautions On Economic Slack
March 11, 2021 02:42 AM AEDT| By Shreya Biswaseportedly being unexpectedly robust so far, some experts had projected a change of pace. The country woke up to yet another key interest announcement from Bank of Canada on Wednesday, March 10. Once again, the top lender has decided to stick to...
Ethereum May Hit US$3,000 As Demand-Supply Equation Changes
March 11, 2021 02:40 AM AEDT| By AnujSource: Steve Heap, Shutterstock The ongoing cryptocurrency frenzy has resulted in several corrections in the crypto market. Last week, Ethereum blockchain engineers announced one of the major revisions to the network since its inception in 2015. T...
RBLX Stock: How Roblox Played Smart With Its Public Debut?
March 10, 2021 10:52 PM AEDT| By Shreya BiswasMarch this year, although it was originally set for an IPO back in October 2020. Virtual gaming platform Roblox Corporation is set to join the big fat family of publicly listed companies on Wednesday, March 10. The Californian firm is h....
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How Treasury Yields Fluctuations Swayed the Currency Market
March 10, 2021 07:56 PM AEDT| By DaminiSource: Thanwa photo, Shutterstock Summary The US Treasury yields retreated on Tuesday, driving strong gains in the riskier currencies like the Australian dollar, the New Zealand dollar, and the Canadian dollar. The Treasury yields stabilised...
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Why Canada May Be A Default Benefactor of US Stimulus Plan?
March 10, 2021 05:33 PM AEDT| By Ipsita SarkarSource: Jirapong Manustrong, Shutterstock Summary US recovery plan to have beneficial spillovers for neighboring economies, including Canada. Canada’s economy to expand at 4.7 per cent this year, says the 37-member OECD. US economy to g...
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Italy to become the first EU nation to manufacture Russia’s Sputnik V vaccine
March 10, 2021 04:53 PM AEDT| By Team Kalkine MediaSource: LookerStudio, Shutterstock Summary Italy is all set to become the first EU country to manufacture Russia’s COVID-19 vaccine, Sputnik V. Some European nations have authorized the use of Sputnik V even before the EMA approval. Des...
Peloton Interactive Set to Spread Wings to Australia in H2, Shares Fly
March 10, 2021 04:27 PM AEDT| By Team Kalkine MediaAustralia will mark the entry of the company into the Asia-Pacific region. American company Peloton Interactive, Inc. (NASDAQ:PTON) is all set to enter Australia. The leading interactive fitness platform maintains a strong global presence ....
Walt Disney's hopes up as Disneyland set to reopen after months of closure
March 10, 2021 12:46 PM AEDT| By Team Kalkine MediaSource: Marko Aliaksandr,Shutterstock Summary Walt Disney observed an uptick of more than 6% in its share price after health officials gave a green signal to reopen theme parks in California. The parks are required to open with limited ca...
8 Bargain Cyclical Stocks To Keep An Eye On In 2021
March 10, 2021 12:45 PM AEDT| By Mark O'DonnellSource: Vintage Tone,Shutterstock Summary Cyclical stocks are picking up steam as investor optimism grows for global economies. US Airliners have had strong price movements this week and are quickly losing their bargain status. US Tanker stoc...
Canada’s Royal Bank Reclaims Most Valuable Company Title From Shopify
March 10, 2021 10:22 AM AEDT| By Ipsita SarkarSource: BalkansCat, Shutterstock Summary Royal Bank of Canada’s worth rose to $163 billion to reclaim the top place. Shopify's value fell reportedly to about $153 billion amid tech decline. BlackBerry and Valeant Pharmaceuticals had sur...
TSX Hits New High In Intraday Trade, Aphria & Ballard Top Movers
March 10, 2021 09:08 AM AEDT| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. The broader Canadian benchmark index, the S&P/TSX Composite, touched a new high of 18,711.4 on Tuesday, up 1.4% from the previous close. However, market cooled down in the later and settled 0.77% or 1...
US Markets Today: Top Five Developments
March 10, 2021 09:04 AM AEDT| By Team Kalkine MediaSource:isak55 ,Shutterstock From OECD’s improved US growth forecast, Zoom Video CEO’s ownership transfers to Beyond Meat’s latest collaborations with Walmart Inc., the US markets saw a variety of developments on Tuesday, which kept...
US Indices Edge Higher As Tech Stocks Rally, Bond Yield Drops
March 10, 2021 08:51 AM AEDT| By Team Kalkine MediaSource: Anikin Denis,Shutterstock Summary S&P 500 rose 1.42%, Dow Jones was up 0.10%, and NASDAQ gained 3.69%. The 10-year Treasury bond yields declined 3.59% to 1.537 on Tuesday. Zoom Video’s Eric Yuan transfers US$6 billion w...
