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PPG Industries Inc. Is at Record Peak, What to Expect Ahead?
April 19, 2021 08:24 PM AEST| By Team Kalkine Mediaositive trend for the stock but at the same time, an overbought condition. PPG Industries Inc. (NYSE: PPG) is a manufacturer of a wide range of coatings and specialty materials. PPG’s price has broken out of its all-time high on Friday and se...
Is Advanced Micro Devices Inc. Catching Momentum from Crucial Support Zone?
April 19, 2021 08:00 PM AEST| By Team Kalkine MediaSource: Macro photo, Shutterstock Summary Advanced Micro Devices (NASDAQ: AMD) gained 5.68% percent in the last trading session and was one of the top gainers in the NASDAQ 100 index. Last week, AMD had pierced through a downward trendline and...
Music to your ears? How podcasting is taking traditional media by storm
April 19, 2021 07:00 PM AEST| By Team Kalkine Mediado not. Joe Rogan’s Spotify deal is the largest in podcasting history. The COVID-19 pandemic has seen a plethora of listeners migrate to various niche podcasts. Most notably, the genre of true crime has attracted a large portion of liste....
Indian markets feel the heat as COVID-19 rattles the country
April 19, 2021 04:30 PM AEST| By Team Kalkine Mediaber of daily COVID-19 deaths – displacing Brazil The raging COVID-19 pandemic has wreaked havoc in India, the world’s second most populous country. On Monday, the equities in the country opened deep in red, despite most of its...
Asia markets open in green, COVID-19 wreak havoc in India
April 19, 2021 02:43 PM AEST| By Furquan MoharkanSource: REDPIXEL.PL, Shutterstock The Asian markets on Monday morning are seeing a positive opening with investors keenly watching developments in China’s Alibaba Group Holding Ltd (NYSE:BABA) and India’s worsening COVID-19 situation....
Is New Zealand’s Sauvignon Blanc The Best Wine To Have?
April 19, 2021 12:33 PM AEST| By RomaSource: Ievgenii Meyer, Shutterstock Summary Sauvignon Blanc is amongst the most loved New Zealand wines. Blends from Marlborough, Auckland, and Canterbury favourites across the globe. Despite COVID-19 crisis, the industry has done well in th...
AIA, AIR Shares Move up As Quarantine-Free Trans-Tasman Travel Begins
April 19, 2021 10:32 AM AEST| By ManikaSource:Peshkova, Shutterstock Summary After 13 months, the quarantine-free travel between Australia and NZ resumes. Travel industry looks forward to international passengers. Governments on both the sides to wait and watch before opening up t...
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&...
Is A Third Vaccine Shot Required To Beat COVID-19? Pfizer Plans To Go Ahead With It
April 18, 2021 06:10 AM AEST| By Team Kalkine MediaSource: joel bubble ben, Shutterstock Summary Pfizer’s CEO expresses thoughts on administrating a third dose of the COVID-19 vaccine. It is pointed out that the present Pfizer vaccine is almost 95% effective in fighting the COVID-19...
NZ PM Ardern announces Trans-Tasman bubble. How are airlines preparing for it?
April 18, 2021 06:00 AM AEST| By Team Kalkine MediaSource: Jag_cz, Shutterstock Recently, a two-way quarantine-free bubble was announced by the New Zealand Prime Minister, Jacinda Ardern, which shall commence from 19 April 2021. This news was welcomed by Australia. Source: © Travelling-light...
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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...
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