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Genesis (NZX:GNE): How did the Company perform in Q1 FY22?
October 26, 2021 04:12 PM AEDT| By SonalHighlights Genesis continued to support its customers in the lockdown period. Total customer demand was down by 6% in the retail business, while average portfolio costs were down by 37% within the wholesale segment of Genesis in Q1 FY22. Genes.....
Gold surpasses US$1,800 mark on inflation worries
October 26, 2021 02:05 PM AEDT| By Arpit VermaHighlights Gold prices inched higher on Monday. Prices surpassed the mark of US$1,800 per ounce, the highest since August 2021. Investors are now focusing on the follow-up US Fed meeting is planned for 2-3 November. Gold prices inched hig.....
China plans new property tax; here’s how it may hit Australia
October 26, 2021 01:51 PM AEDT| By AshishHighlights China has announced plans to roll out a pilot real estate tax amid the ongoing rise in real estate speculation across the country. The National People's Congress Standing Committee has provided the nod to the latest plan to promote ".....
Crude oil rallies on robust demand and tight supply
October 26, 2021 12:26 PM AEDT| By Arpit VermaHighlights Crude oil prices rose on Monday. OPEC+ adheres to its plan for gradually increasing the output. US crude inventories tumbled to three-year lows amid skyrocketing energy demand. Crude oil prices rallied on Monday to reach multi-.....
Tesla’s market value surpasses US$1 Tr on Hertz EV orders
October 26, 2021 11:42 AM AEDT| By Sanjeeb BaruahHighlights Hertz Global Holdings (OTCPK: HTZZ) stock jumped after it announced plans to order 100,000 Tesla electric vehicles to expand its rental car fleet. According to Dow Jones Market Data, it took less than two years for Tesla to grow.....
Boab Metals (ASX:BML) poised to grow amid silver supply concerns
October 26, 2021 10:46 AM AEDT| By Anam SiddiquiSilver spot prices edged up by over US$1 or 4.5% last week amidst growing concerns on the supply of the precious white metal. Many industries that depend on silver have been left in the lurch as China continues to restrict commodity supplies global.....
Why did Bakkt (BKKT), Coinbase (COIN) stocks jump on Monday?
October 26, 2021 09:51 AM AEDT| By Ipsita SarkarHighlights Bakkt Holdings, Inc. (NYSE: BKKT) stock rallied after the news of its partnership with Mastercard Incorporated and strategic alliance with Fiserv Inc. Coinbase Global Inc (NASDAQ: COIN) stock gained 16% YTD since its NASDAQ listing i.....
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S&P, Dow Jones climb to fresh highs ahead of big tech earnings
October 26, 2021 08:43 AM AEDT| By Sanjeeb BaruahThe S&P 500 Index and Dow Jones closed at record highs on Monday, October 25, ahead of quarterly earnings of big technology companies like Apple, Amazon, and Alphabet this week. The S&P was up 0.47% to 4,566.48. The Dow Jones rose 0.18% to 3...
Facebook to fuel more unrest, lionized startup culture: Whistleblower
October 26, 2021 05:59 AM AEDT| By Sanjeeb BaruahHighlights Appearing before a UK parliamentary committee, whistleblower Frances Haugen said that Facebook saw safety as a cost center and made hate "unquestionably" worse. Haugen cited the examples of Myanmar and Ethiopia to underscore her clai.....
Does Bitcoin even have a resistance level? Let’s find out
October 26, 2021 12:59 AM AEDT| By Ankit SethiHighlights Bitcoin’s resistance level is a technical indicator which may or may not be holding any clues. Moving averages rely on past price data, which in the case of Bitcoin can be very wide-ranging due to the underlying ultra-volatilit.....
After Shiba Inu’s rally, 5 meme cryptos to watch in 2022
October 25, 2021 10:19 PM AEDT| By Ankit SethiMemes are no longer just for sarcasm or a funny take on something. They have spawned crypto tokens, and a few have multi-billion-dollar market capitalizations. Source: Pixabay.com Yes, we are talking about Dogecoin (DOGE), and its biggest r.....
GMR's volume soars over 5000%. Where to buy GMR crypto?
October 25, 2021 09:34 PM AEDT| By Raza NaqviHighlights GMR is the native utility token of GMR Finance, a project for the gaming community. The native GMR token is a deflationary BEP20 token from the Binance Smart Chain and was launched with a fixed supply of 1 quadrillion tokens.&n.....
Commodity wrap-up for the week that was
October 25, 2021 08:52 PM AEDT| By Team Kalkine MediaAs per the World Bank's Commodity Markets Outlook, the energy prices are anticipated to average 80% higher in 2021 compared to last year. Moreover, many financial institutions expect the energy prices to remain higher until the first half of 2022 a.....
Looking to trade Bitcoin? Here are three important technical indicators
October 25, 2021 08:50 PM AEDT| By AayushTrading in Bitcoin or any other cryptocurrencies is a different ball game. The extreme volatility of these new-age coins can make them difficult to trader even for some experienced traders. With Bitcoin having marked a new all-time high of almost U.....
Why are altcoins gaining strength in the cryptocurrency market?
October 25, 2021 07:21 PM AEDT| By SamtaAccording to various media reports, Altcoins have surged over 60% of the cryptocurrency market in October 2021. This article will walk you through - why are altcoins gaining strength in the cryptocurrency market. What is altcoin? Cryptocur.....
Shiba Inu soars on a record-breaking bull run to become the 13th largest crypto
October 25, 2021 06:45 PM AEDT| By Aditi SahaHighlights The "dogecoin killer" reached new highs over the weekend, becoming the 13th-largest cryptocurrency in terms of market cap. On October 24, SHIB reached an all-time high, and the price touched $0.00003995, according to CoinGecko.com. .....
Is Rubic Altcoin Redefining Trading?
October 25, 2021 05:32 PM AEDT| By Daniel Paul JohnsHighlights The aim of Rubic crypto is to deliver a complete one-stop decentralised trading platform. Amongst other things, Rubic allows its users to make a swap between different networks using integrated and created bridges between those netwo.....
Oil hovers near multi-year highs on strong demand
October 25, 2021 02:07 PM AEDT| By Arpit VermaHighlights Crude oil is trading near multi-year high levels. OPEC+ agreed to adhere to their original plan to boost the output by 400,000 bpd per month. Higher coal and gasoline prices have additionally boosted oil prices. Crude oil trade.....
Mineral Resources (ASX:MIN) plans to resume Wodgina lithium operations
October 25, 2021 01:27 PM AEDT| By Arpit VermaHighlights Mineral Resources (ASX:MIN) plans to resume its operations at the Wodgina lithium mine. The Wadgina mine is located in the Pilbara region of Australia and is jointly owned by MIN and Albemarle Corp. The prices of lithium skyrocketed.....
CryptoPunk now in an art gallery near you
October 25, 2021 12:42 PM AEDT| By Kiara KhannaNFT creators like Beeple are taking the world of NFTs by storm. Now the NFT owners are pushing it a notch higher in their quest to show off the world something that they bought by spending millions of dollars. Now you can get hold of world-famous N.....
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