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World news
COVID-19 Survivors May Need Only One Dose Of Vaccine, Says Study
April 18, 2021 06:13 PM AEST| By Shreya BiswasSource: Sorapop Udomsri, Shutterstock Summary A latest study has found that a single dose of the Pfizer-BioNTech or Moderna vaccine may be enough to provide immunity to COVID-19 survivors. The study was conducted by researchers at Los Angeles&...
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Indian IT ADRs more than double in 1 year
April 17, 2021 05:16 AM AEST| By Furquan MoharkanSource: Jirapong Manustrong, Shutterstock The American Depository Receipts (ADRs) – Infosys Ltd (NYSE:INFY) and Wipro Ltd (NYSE: WIT) of two Indian companies have more than doubled in the past one year. And both have a similar story: both comp...
Facebook In Trouble Again, Faces Major Legal Action Over 2019 Data Leak
April 17, 2021 12:55 AM AEST| By Shreya BiswasSource: Camilo Concha, Shutterstock Summary Digital Rights Ireland(DRI), a digital rights advocacy agency, has announced that it will be initiating a “mass action” to sue Facebook over the massive user data breach of 2019. User inf...
Morgan Stanley net profits surge 150% in Q1
April 17, 2021 12:43 AM AEST| By Team Kalkine MediaUS$ 3.4 billion versus US$ 950 million last year. Quarter results also highlight a loss of US$ 911 million tied to Archegos. The American Banking major Morgan Stanley (NYSE:MS) has reported a blockbuster quarterly performance, with its net pro....
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Google misled Australians over data collection: ACCC
April 16, 2021 09:17 PM AEST| By Team Kalkine MediaSource: New Africa, Shutterstock In a world-first, a federal body has stated that US-based tech giant Google tricked its users in Australia. The Australian Competition & Consumer Commission (ACCC), on Friday, shared that the Federal Court has di...
Is GlaxoSmithKline PLC getting ready to take off?
April 16, 2021 07:05 PM AEST| By Team Kalkine MediaSource: Poring Studio, Shutterstock Summary GlaxoSmithKline PLC (LON: GSK) gained 4.56% percent in the last trading session. The stock soared almost ~16.64 percent in the last eight weeks, the price has broken out of its falling channel patter...
Lower Ending Stocks & Tight Supplies Push Corn Prices Higher
April 16, 2021 05:08 PM AEST| By Team Kalkine MediaSource: Africa Studio, Shutterstock Summary Corn prices are continuously trading in the northward direction for the past 9 months. Prices broke the downward sloping trendline in January 2021 and since then the upside momentum strong. Global C...
COVID-19 Weekly Roundup: Latest developments around the world
April 16, 2021 05:00 PM AEST| By Team Kalkine MediaSource: Moonhonor, Shutterstock Summary The EU Commission has opted not to renew contracts for the COVID-19 vaccine from Oxford-AstraZeneca and Johnson & Johnson. Researchers at the University of Oxford introduced a Com-Cov study to evalua...
Citibank kicks off Australian retail bank sale, confirms CEO
April 16, 2021 02:59 PM AEST| By Furquan MoharkanA signboard of Citibank seen outside a building in Manhattan, New York. © Noodles73 | Megapixl.com US banking behemoth Citigroup Inc (NYSE:C) has commenced the sale of its consumer banking business in Australia, a top official from the bank con...
Goldman Sachs Consolidating Around Trend Line Support
April 16, 2021 01:36 PM AEST| By Team Kalkine MediaSource: soul_studio, Shutterstock Summary Goldman Sachs Group Inc. (NYSE: GS) has been on an upward trajectory since October 2020. The price has broken crucial resistance level and hit an all-time high. Stock prices are trading above an upwar...
Dow smashes a milestone by shooting past 34K-mark
April 16, 2021 10:39 AM AEST| By Furquan MoharkanThe 30-share large cap index of the US market – Dow Jones Industrial Average (Dow30) – surged past the 34,000-mark for the first time on Thursday, as global equities continue to rally. Although the benchmark opened almost flat at...
Alfa Financial Software Holdings PLC at year high, what to expect from here?
April 15, 2021 07:32 PM AEST| By Team Kalkine MediaSource: Song_about_summer, Shutterstock Summary Alfa Financial Software Holdings PLC’s (LON: ALFA) prices are consolidating around a 52-week high for the past six months. Before entering the consolidation phase, the prices of ALFA witnes...
Crypto Kings: Extraordinary Tale of Coinbase Founders Brian Armstrong, Fred Ehrsam
April 15, 2021 07:18 PM AEST| By Team Kalkine MediaSource: DSkorynko, Shutterstock Summary Although Coinbase made a smashing debuted on NASDAQ, opening 4% higher than the reference price, the Company had humble beginnings. Co-founders Fred Ehrsam and Brian Armstrong met on Reddit and built the...
Failing On Targets, GameStop CEO Forfeits US$98 Million In Shares
April 15, 2021 01:26 PM AEST| By Furquan MoharkanGamestop store in Kahala Mall Shopping Center, Honolulu, Hawai. © Brodogg1313 | Megapixl.com The CEO of gaming company GameStop Corp (NYSE:GME), Sherman George E Jr has forfeited 587,000 restricted shares after failing to meet his performance t...
Coinbase Valuation Tops US$100 Billion on IPO Debut
April 15, 2021 12:25 PM AEST| By Furquan MoharkanBitcoin BTC on stack of cryptocurrencies with Coinbase logo in background. © Thakingdude | Megapixl.com The valuation of cryptocurrency exchange Coinbase Global Inc (NASDAQ:COIN) topped over US$100 billion on the day of its trading debut. The m...
Bernie Madoff: The Brain Behind US$65 Billion Ponzi Scheme
April 15, 2021 11:44 AM AEST| By Furquan MoharkanRepresentative Image. © Richelle538 | Megapixl.com American investor Bernie Madoff, the mastermind behind one of the biggest financial frauds in world history, has passed away at the age of 82. Madoff breathed his last at the Federal Medical C...
Mercedes-Benz’s New EQA Model To Hit The Road In June 2021
April 15, 2021 11:41 AM AEST| By Team Kalkine MediaSource:Revel Pix LLC, Shutterstock The German carmaker is known for its luxury and high-end cars and vehicles. It makes use of the latest and the most innovative technology while manufacturing its newest models and cars. From intricate designing to...
Bernie Madoff, Man Behind Largest Ponzi Scheme, Dies In Prison
April 15, 2021 01:38 AM AEST| By Shreya BiswasSource: Dmitriy Yermishin, Shutterstock The US Federal Bureau of Prisons has reportedly confirmed that convicted Ponzi schemer Bernard ‘Bernie’ Madoff died in federal prison on Wednesday, April 14, while serving his 150-year term. The 8...
Will CVS Health Corp. Sustain on Higher Levels After A Sharp Rally?
April 14, 2021 07:55 PM AEST| By Team Kalkine MediaSource: ranjith ravindran, Shutterstock Summary CVS Health Corp. made a new lifetime high and delivered a return of ~39.50 percent in the past six months. CVS Stock prices are trading in a rectangle channel formation on the daily chart. The s...
Sugar Prices Ripe to Jump out of Bear Grip?
April 14, 2021 06:37 PM AEST| By Team Kalkine Mediaping trendline at US$398.80 that might provide upside potential for the commodity. The ICE white sugar number 5 prices have witnessed sharp downside movement by 7.71% to US$ 420 per ton in March 2021 compared to US$ 455.1 per ton in February 202...
AI on the Rise: A Look at Top AI Companies and Their Stocks