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Financial
Ellipsis Crypto Rises Over 50%; What is EPS Coin’s Price Prediction?
May 31, 2021 05:50 AM EDT| By AnujSummary Ellipsis (EPS) coin debuted on Binance in March 2021. The coin has been witnessing wild gains while top cryptos such as Bitcoin & Ether continues volatile. Ellipsis’ total supply is capped at one billion coins. Ellipsis .....
Crypto Has No Utility Value. Why Should It Eat Up Scarce Resources?
May 29, 2021 12:16 AM EDT| By Team Kalkine MediaWhat is utility? Economic theories say forces of demand and supply shape up markets. This demand is backed by consumption, and utility is the satisfaction derived by a consumer on consumption. Every economic activity has a utility – whether wa...
National Bank (NA) & Canadian Western (CWB): 2 More Bank Stocks To Buy
May 28, 2021 12:36 PM EDT| By Raza NaqviMajor banks in Canada are releasing their latest financial results this week and so far, they have beaten analysts’ estimations. Before opening bell on Friday, May 28, National Bank of Canada (TSX:NA) and Canadian Western Bank (TSX:CWB) posted...
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CIBC's (TSX:CM) 3-Digit Q2 Profit Growth Charms Investors, Stocks Rise
May 27, 2021 11:33 AM EDT| By Raza NaqviSummary Stocks of Canadian Imperial Bank of Commerce (TSX:CM) climbed a little over two per cent at market open on Thursday, May 27. The rise came as it announced its second quarter fiscal 2021 financials. The bank reported a whopping 321 per .....
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These 3 Undervalued Financial Stocks Look Like A Steal Now
May 27, 2021 11:20 AM EDT| By Team Kalkine MediaThe financial services industry, despite being dominated by bank sector, benefits a great deal from the non-banking service providers. These players range from insurance to asset and equity portfolio management sectors. Some of these are among the mo...
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TD Bank (TSX:TD) May Hike Dividends In Q4: Time To Invest?
May 27, 2021 10:32 AM EDT| By AnujTD Bank Group released its latest earnings report on Thursday, May 27, posting a three-digit year-over-year (YoY) profit rise and setting a higher benchmark for its peers. This surge came in the wake of significant improvement in its provisions for c...
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Royal Bank Of Canada (TSX:RY) Q2 Profits Jump 171% YoY: Buy Alert!
May 27, 2021 09:12 AM EDT| By Raza NaqviThe Royal Bank of Canada (TSX:RY) saw its net income catapult by C$ 2.5 billion year-over-year (YoY), or 171 per cent YoY, to C$ 4 billion in the second quarter of fiscal 2021. The bank, which is the largest of its kind in Canada by market cap, rele...
3 Crypto Mining & Blockchain Stocks To Buy In 2021
May 26, 2021 12:13 PM EDT| By AnujOn Monday, May 24, Tesla CEO Elon Musk stunned the cryptocurrency community when he introduced a “green” mining plan that he shared with North America’s leading crypto miners. He said that he wants Bitcoin mining operators to create...
Bank Of Montreal (TSX:BMO): No Dividend Hike Again! Buy or Sell?
May 26, 2021 11:20 AM EDT| By Raza NaqviThe Bank of Montreal (TSX:BMO) has released its second-quarter 2021 results just as the big Canadian banks are gearing up to post their latest earnings reports for the period. Keeping up with the recovery it reflected in the first quarter of 2021, B...
Canadian Banks Q2 Earnings: Will Big Six Hike Dividends?
May 25, 2021 12:28 PM EDT| By AnujCanada’s big six banks had a blockbuster first quarter in 2021, surpassing Bay Street analysts’ expectations. However, contrary to expectations, the leading lenders did not hike their quarterly dividends for the next quarter due to contin...
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LION Electric (LEV) Stock To Buy Before May Ends
May 25, 2021 10:22 AM EDT| By AnujLion Electric Company (TSX:LEV), an electric vehicle (EV) maker, posted a triple-digit surge in its top line for the first quarter of 2021, following a successful merger with a blank check company Northern Genesis Acquisition Corp. Investors might co...
How Canada’s Financial Sector Performed Amid COVID Pandemic In 2021?
May 20, 2021 03:39 PM EDT| By Team Kalkine MediaWhile the performance of many Canadian sectors remained tepid in 2021 as the COVID-19 pandemic persisted, some managed to buck the trend. The country’s financial services sector, for one, bounced back from the pandemic woes this year through it...
Investors Are Eyeing This Insurance Stock That Catapulted Amid COVID
May 20, 2021 02:25 PM EDT| By Team Kalkine MediaInsurance stocks can be a great choice for an investment portfolio, as they not only have the potential to provide long-term gains, but can also work when the market is volatile. And while the ongoing pandemic has been able to crumble quite a few ent...
Hut 8 (TSX:HUT) Stocks Jump As Crypto Market Rebounds: Worth A Buy?
May 20, 2021 01:06 PM EDT| By AnujStocks of crypto miner Hut 8 Mining Corp (TSX:HUT) rose as much as seven per cent on Thursday morning (11:45AM EST), May 20, as the cryptocurrency market rebounded from its Wednesday lows. Bitcoin bounced back by 15 per cent to US$ 42,000 apiece on...
Are TSX Bitcoin & Ether ETFs A Buy Amid Crypto Market Volatility?
May 20, 2021 10:19 AM EDT| By AnujIn February 2021, Purpose Investments Inc launched the first-ever Bitcoin Exchange Traded Fund (ETF) (TSX:BTCC.B) on the Toronto Stock Exchange. Around the same time, Evolve Group came out with its own Bitcoin ETF (TSX:EBIT) to imitate the largest cr...
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Is CryptoStar (TSXV:CSTR) Stock A Buy?
May 19, 2021 11:45 AM EDT| By AnujThe cryptocurrency industry’s Tesla-boosted rally was erased this week as founder Elon Musk suspended bitcoin transactions for the electric vehicle (EV) giant over environmental reasons. As a result, Toronto Exchange Stock-listed crypto funds,...
Fidelity Investments Opens Stock Market Doors For Teens
May 18, 2021 01:53 PM EDT| By Raza NaqviSummary Fidelity Investments announced on Tuesday, May 18, that it will allow teenagers to invest in the stock markets. Via its newly launched Fidelity Youth Account, minors between the ages of 13 and 17 will be able to buy and sell stocks, ETF.....
2 TSX Bank Stocks To Buy Before May Ends
May 18, 2021 09:33 AM EDT| By Raza NaqviBank stocks are popular among Canadian investors as the country's banking sector is considered to be one of the best ones in the world. During the financial crisis of 2008, when most of the banks failed across the world, Canadian banks proved to be q...
TMX Group (TSX:X) Hikes Dividend By 10%, Q1 Profit Up 38%
May 12, 2021 01:33 PM EDT| By AnujTMX Group Ltd (TSX:X) has hiked its dividend by 10 per cent for the second quarter of 2021 after posting robust first-quarter earnings stemming from substantial capital markets activity. The Toronto Stock Exchange (TSX) operator has improved...
Canadian Crypto Stocks Rally Amid Bitcoin, Ether & Dogecoin Frenzy
May 06, 2021 09:45 AM EDT| By AnujCryptocurrency-linked stocks have rocketed this year, guided by the ongoing heavy trading in virtual coins such as Ether, Bitcoin, and Dogecoin. Bitcoin hit record US$ 64,000 apiece last month, while Ether recorded new high of US$3,545.20 on Thursda...
