News

Nikola Corp, the New Kid in the Block with Zero Revenue Valued at $22.71 Billion
June 17, 2020 09:13 PM AEST| By Hina ChowdharyNikola Corporation (NASDAQ:NKLA) Earlier in June, Nikola Corporation was listed in the market through a reverse merger. It raised $700 million from institutional investors through business combination and PIPE. Nikola completed the business combin.....

DoorDash Diversifies, Beauty Products now in the kitty: A Glance at its COVID-19 Journey
June 17, 2020 08:40 PM AEST| By Kunal SawhneyA famous line from Albert Einstein states that “In the middle of difficulty lies opportunity” and a strong example which vindicates the statement is DoorDash Inc. DoorDash, a provider of on-demand food delivery, has now diversified into.....

Infigen Energy Receives Superior Offer, While Santos Secures Yet Another Gas Offtake
June 17, 2020 06:22 PM AEST| By Team Kalkine MediaRenewable energy sector is picking up momentum with ASX-listed renewable energy stocks such as Infigen Energy Limited (ASX:IFN) surging substantially from its recent low of $0.365 (intraday low on 24 March 2020) to the present high of $0.900 (as on.....

Travel and Entertainment Space: Latest with SKC, AIA and Travel Demand
June 17, 2020 05:48 PM AEST| By Team Kalkine MediaAs border restrictions across several countries are easing, there are anticipations for a recovery in the tourism industry of Australia. Subsequently, airports are reporting increased traffic, and tourism-related companies are preparing for funding.....

Dividends and ASX Banks: How the Story has unfolded in long-term for Value Investors
June 17, 2020 05:05 PM AEST| By Team Kalkine MediaOne of the many investing strategies is value investing, seeking to maximise returns by investing in stocks that are undervalued by the market, and assess intrinsic value of a stock. An investor who eyes value investing, makes investment in stocks .....

Will these Childcare and Education Related Stocks see a future post changed regime: TNK, GEM, IEL?
June 17, 2020 04:54 PM AEST| By Team Kalkine MediaAt the beginning of April 2020, when Australia was battling with the pandemic, Morrison government had introduced free childcare plan to aid one million families. The free child care plan was introduced along with the JobKeeper wage subsidy for the.....

How’s vaccine development for COVID-19 progressing? Updates from US-listed Healthcare Players
June 17, 2020 03:01 PM AEST| By Team Kalkine MediaSeveral healthcare companies and researchers across the globe are burning the midnight oil for finding a safe and effective vaccine/treatment for deadly novel coronavirus. Meanwhile, some concerns related to a second wave have triggered a global d.....

Consumer Confidence and Card spending lifts up: The Fintech World
June 17, 2020 02:30 PM AEST| By Team Kalkine MediaLately, household spending is beginning to show some signs of recovery, with drifting up of weekly card spending. There has been a surge in consumer confidence boosted by the progress made towards flattening of coronavirus curve and reopening of ec.....

Is there Light at the End of Tunnel for International Flights in Australia?
June 17, 2020 02:17 PM AEST| By Team Kalkine MediaAustralia, at the onset of pandemic, was swift to close its international borders which seemed to be reaping well for the country kickstarting its activities. Treasurer Josh Frydenberg hinted that the country is in ‘reasonable shape’ as.....

Can Afterpay’s share price touch A$75 Mark? Lens on BNPL Players
June 17, 2020 12:10 AM AEST| By Team Kalkine MediaThe coronavirus pandemic has acted as a boon for the Buy Now Pay Later (BNPL) companies that facilitate digital payments, thus allowing social distancing through contactless payments. Demand for digital payments, among other online transactional se.....

Expansion plans get many ASX Companies to take Investors on their side: A look at SUL and BET
June 17, 2020 12:00 AM AEST| By Team Kalkine MediaThere are always two sides of a coin, right! In the current circumstances, one side of the coin represents negative impact of COVID-19, demonstrated through fall in stock prices due to interruption in economic activity, while battling the virus. H.....

Wall Street on a High, Rub off Effect on ASX Listed Stocks too
June 16, 2020 09:15 PM AEST| By Kunal SawhneyLast week, US markets recovered after falling on 11 June 2020, indicating investors, having ample liquidity, are ready to bid. On 12 June 2020, the hardest hit shares recovered in S&P 500. Within S&P 500, United Airlines climbed 19.03% or .....

How Markets in Australia Performed on 16th June 2020
June 16, 2020 08:51 PM AEST| By Team Kalkine MediaAt the close of the trading session on 16th June 2020, Australian equity market settled in green. Benchmark index S&P/ASX200 stood at 5942.3, reflecting an increase of 222.5 points or 3.89%. However, the index has lost 3.30% over the last five da...

Village Roadshow & BGH – How are the share prices moving with Takeover Updates?
June 16, 2020 08:46 PM AEST| By Team Kalkine MediaVillage Roadshow Limited (ASX:VRL) is engaged in cinema exhibition, film distribution, Theme Parks and providing marketing solutions. Village Roadshow started its operations in 1954, owning and handling one of the first drive-in cinemas in Australi.....

Jobs and Housing Scenario: Any Bright Spots?
June 16, 2020 08:38 PM AEST| By Hina ChowdharyWeekly payroll data released by the Australian Bureau of Statistics (ABS) on 16 June showed that there is some optimism in jobs market as weekly payroll jobs increased 1% in May. However, the payroll data indicated the market has a long r.....

Three Small-Cap Capital Goods Businesses: FBR, EMB, CVL
June 16, 2020 08:33 PM AEST| By Kunal SawhneyAccording to the Australian Bureau of Statistics, Australia’s balance of goods and services had a surplus of $8.8 billion in April, and the country imported capital goods of $5.84 billion, an increase of 4% or $243 million over March 2020. I.....

Equity Market Vs Economic Charter: Strategies to Build Recession-Proof Portfolio
June 16, 2020 07:06 PM AEST| By Team Kalkine MediaThere is a growing debate around Australia witnessing its first recession in 29 years as COVID-19 pandemic disrupted businesses and economy. Although gradual opening seems to be fostering economic recovery prospects, Prime Minister Scott Morrison i.....

6,000 to 10,000 Level – S&P/ASX 200 index and Key Market Swings of last three months
June 16, 2020 05:17 PM AEST| By Team Kalkine MediaThe S&P/ASX 200 crossed the 6000 points mark last week, on 09 June 2020 when the index climbed by 2.44 per cent to 6144.9 points and continued its seven-day streak to rise up to 6148.4 points on Wednesday, last week. The market reflected an opt.....

4 Small-Cap Tech Stocks that Look Promising- TNE, IRE, DDR, EML
June 16, 2020 03:28 PM AEST| By Team Kalkine MediaAmid this gloomy period caused by the COVID-19 pandemic, technology sector evolved as a saviour, supporting various businesses to sustain and people to operate from remote locations while making efforts towards reducing the coronavirus spread. Clou.....

All that you need to know about COVID-19 Vaccine Development
June 16, 2020 03:01 PM AEST| By Team Kalkine MediaAs on 15 June 2020 (at 7:35 PM CEST), there were more than 7.8 million confirmed cases of COVID-19 around the globe, including 431,541 deaths, reported to WHO. With no approved treatment or vaccine, COVID-19 has created havoc across the world. The .....

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