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 ‘DE’fensive and ‘OF’fensive: Pivoting Strategies for FAANG Stocks set for Action

‘DE’fensive and ‘OF’fensive: Pivoting Strategies for FAANG Stocks set for Action

July 17, 2020 10:09 PM AEST| By Team Kalkine Media

Summary It will not be an exaggeration to mention that as per NASDAQ, FAANG stocks not only withstand the market blow but also put up a “great show”. The market darlings of technology sector, FAANG stocks have grown stronger over th.....

 OPEC and Allies Ease Supply Cuts, Market Goes Range-Bound; Things You Should Know

OPEC and Allies Ease Supply Cuts, Market Goes Range-Bound; Things You Should Know

July 17, 2020 09:55 PM AEST| By Team Kalkine Media

Summary The oil market is again range-bound despite supply ease by OPEC and allies as the market assesses the recent development to be balancing the demand and supply dynamics. OPEC and allies have decided to ease the production cut from a reco.....

 Start-Up CEO, Fahim Saleh Hacked to Death in his New York Luxury Apartment

Start-Up CEO, Fahim Saleh Hacked to Death in his New York Luxury Apartment

July 17, 2020 09:47 PM AEST| By Team Kalkine Media

Summary     1) Tech CEO’s body found in luxury New York apartment.    2) A persona of interest is identified by NY Police Department, not in custody yet,    3) Tragic death of a visionary entrepreneur is a loss .....

 Cann Group announces placement with a heavily discounted issue price; stock slides ~12%

Cann Group announces placement with a heavily discounted issue price; stock slides ~12%

July 17, 2020 09:11 PM AEST| By Kunal Sawhney

The Australian cannabis industry has been affected by the recent happenings around the globe, just like other industries. However, the industry was in a much better position than some of the others, including the airline and hospitality industries......

 Integrated Research under the Microscope: Tech player predicts record revenue, PAT in FY20

Integrated Research under the Microscope: Tech player predicts record revenue, PAT in FY20

July 17, 2020 08:22 PM AEST| By Team Kalkine Media

Summary ASX-listed technology player Integrated Research Limited was under the spotlight today as it announced its expected results for FY20 – best-ever revenue and profit after tax numbers predicted by the Company. IRI’s market rel.....

 Market Update: How Australian Markets Performed on July 17, 2020

Market Update: How Australian Markets Performed on July 17, 2020

July 17, 2020 08:20 PM AEST| By Team Kalkine Media

On July 17, 2020, S&P/ASX200 ended the session in green as the index witnessed a rise of 0.38% to 6033.6. On the same day, All Ordinaries encountered an increase of 0.36% to 6144.9. S&P/ASX 200 Materials (Sector) ended the session in green a...

 China's Economy seems to be bouncing back from Coronavirus 

China's Economy seems to be bouncing back from Coronavirus 

July 17, 2020 07:21 PM AEST| By Team Kalkine Media

Summary China reported that its second-quarter GDP expanded by 3.2% in 2020 from a year earlier as lockdown measures ended, and stimulus was stepped up to overcome the shocks emerging from coronavirus crisis. While China's industrial output ros.....

 Huawei Banned from the UK’s 5G Mobile Phone Networks - UK China Lock Horns

Huawei Banned from the UK’s 5G Mobile Phone Networks - UK China Lock Horns

July 17, 2020 06:14 PM AEST| By Team Kalkine Media

Summary The UK is the second-largest market for Huawei outside China. Billions of pounds will be spent on removing and replacing Huawei equipment from UK telecommunication sector. Stock market likely to become unstable as Huawei exits from the.....

 Bitcoin Swindle: Twitter Jams all verified accounts temporarily

Bitcoin Swindle: Twitter Jams all verified accounts temporarily

July 17, 2020 04:07 PM AEST| By Team Kalkine Media

The social media platform Twitter has verified accounts of prominent individuals and corporates from valorous fields such as politics, sports, movies, and technology world. It is a powerful platform for these people to connect with the masses. When.....

 Investing Tips: 4 Reasons Big Techs can always stay your best pal

Investing Tips: 4 Reasons Big Techs can always stay your best pal

July 17, 2020 02:55 PM AEST| By Team Kalkine Media

Summary The technology industry is full of distinct companies that are best in what they offer along with their larger scale and bargaining power. These big tech firms enrich from network effects with rising number of users who utilise their pr.....

 June jobless rate climbs to 7.4% despite addition of 210,800 jobs

June jobless rate climbs to 7.4% despite addition of 210,800 jobs

July 16, 2020 09:11 PM AEST| By Kunal Sawhney

Australian market slid into negative territory after opening the day at higher note, as investors absorbed data reflecting a higher jobless rate for June. The benchmark index S&P/ASX200 was down by 0.69%, and settled at 6010.90 points, on 16 Ju.....

 Market Update: Understanding the Performance of Australian Markets on July 16, 2020

Market Update: Understanding the Performance of Australian Markets on July 16, 2020

July 16, 2020 09:06 PM AEST| By Team Kalkine Media

On July 16, 2020, S&P/ASX200 ended the session in red as the index witnessed a fall of 0.69% or 42 points to 6010.9. On the same day, All Ordinaries encountered a fall of 37.4 points or 0.61% to 6123. S&P/ASX 200 Information Technology (Sect...

 King River to Kick Off Exploration Programme at High-Grade Gold Projects Next Month

King River to Kick Off Exploration Programme at High-Grade Gold Projects Next Month

July 16, 2020 08:21 PM AEST| By Team Kalkine Media

Summary King River Resources is set to commence its 2020 exploration programmes next month, targeting gold-related projects including Mt Remarkable Project and Treasure Creek Project. KRR amid the COVID-19 restrictions advanced the completion o.....

 Your Complete Guide: Companies Hitting the COVID-19 Vaccine Charter (Part 1)

Your Complete Guide: Companies Hitting the COVID-19 Vaccine Charter (Part 1)

July 16, 2020 07:03 PM AEST| By Team Kalkine Media

Thousands of scientists worldwide are working on more than 160 investigational vaccine candidates, and so far, none of them has been approved for use. The surge in COVID-19 cases has made the availability of a vaccine the need of the hour. Healthc.....

 A glance at Chinese Economy: rebounding or stalling?

A glance at Chinese Economy: rebounding or stalling?

July 16, 2020 06:36 PM AEST| By Team Kalkine Media

Summary Though economically China showcases progress, geopolitically China is garnering backlashes across the world, especially from the US for its recently imposed National Security Law on Hong Kong. China’s relationship with the US reac.....

 Eclipse Metals to Commence Ground Exploration on Devil's Elbow U-Au-Pd Project Next Week

Eclipse Metals to Commence Ground Exploration on Devil's Elbow U-Au-Pd Project Next Week

July 16, 2020 06:21 PM AEST| By Team Kalkine Media

Summary Eclipse Metals is set to commence a preliminary field exploration program on Devil’s Elbow U-Au-Pd Project in the upcoming week beginning on 20 July 2020. Being the first geological and exploration program over the project since 2.....

 A look at Neobanks and tale of this Self-Styled Neo-lender, Wisr

A look at Neobanks and tale of this Self-Styled Neo-lender, Wisr

July 16, 2020 04:43 PM AEST| By Team Kalkine Media

Summary COVID-induced crisis has ushered in an era of digitalization across banking, health, property and other industries. Neobank players entered the Australian market after a change in legislation in 2018. Banking and the fintech industry a.....

 Bells ringing around a Technical Recession for Economies across the Globe

Bells ringing around a Technical Recession for Economies across the Globe

July 16, 2020 04:32 PM AEST| By Team Kalkine Media

Summary Global economy has suffered a massive blow due to coronavirus pandemic and is facing its worst and deepest recession since World War 2. Singapore’s GDP dived by a record 41.2% in 3 months to June on QoQ basis, entering into a tech.....

 Canada’s Bright Spots Amid COVID-19: The Gradual Return of Investments in Sunshine Sectors

Canada’s Bright Spots Amid COVID-19: The Gradual Return of Investments in Sunshine Sectors

July 16, 2020 12:00 PM AEST| By Team Kalkine Media

Canada’s economy and employment has been decimated by containment measures enforced to curb the spread of the coronavirus. In days following the lockdown, the country’s economy entered a recession and markets crashed, wiping off investo.....

 Shree strengthening presence in Western Australia, Applies for new tenements

Shree strengthening presence in Western Australia, Applies for new tenements

July 15, 2020 11:31 PM AEST| By Team Kalkine Media

Summary E63/2046 and E63/2048 interpreted along the strike of Boulder Lefroy Fault Zone and the Zuleika Shear Dundas Project with minimal historical exploration activities indicates the potential of hosting large scale gold anomalies Ulysses S.....

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