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News
How has Social Media changed the outlook for some Digital Stocks?
July 20, 2020 03:34 PM AEST| By Team Kalkine MediaSummary Social media has emerged as an influential medium to aid the efforts made by individuals and entities to expand their businesses. Quantifiable user data generated via social media platform are further tracked, segmented, and analysed at.....
Location Incentive Program Gets $400Mn Federal Boost for Pandemic-Stricken Screen Industry
July 20, 2020 03:29 PM AEST| By Team Kalkine MediaSummary Australian screen industry is facing enormous challenges due to COVID 19 restrictions, as all production work was stopped, and film festivals were either cancelled or postponed. The industry, which significantly contributes to the econo.....
Augusta Charting Out Plan Around Centuria Capital Takeover
July 20, 2020 02:03 PM AEST| By Team Kalkine MediaSummary Centuria Capital’s second acquisition bid offers half the price to acquire shares in Augusta Capital. Centuria expects to provide ''a much larger, high quality and highly complementary Trans-Tasman real estate platform.....
Wuhan- A Classic example for how economies can get back on track post-pandemic
July 20, 2020 11:07 AM AEST| By Team Kalkine MediaThe terrible disarray overwhelming the world can indubitably be attributed to COVID-19 pandemic, causing market and economic havoc. Amid such perturbed situation preoccupying most governments and agencies, Wuhan which earlier became the epicenter .....
Australian Art Sector is Striving Hard to Survive Amid COVID-19
July 19, 2020 01:35 AM AEST| By Kunal SawhneyFears are mounting over a second wave of coronavirus infections in Australia. When the nation was almost at the final stage of its phase-wise reopening plan (the government planned to lift most coronavirus restrictions by end-July), spike in new ca.....
Morgan Stanley Delivers Record Results in Q2, Net Income Up 45%
July 19, 2020 01:10 AM AEST| By Team Kalkine MediaSummary Morgan Stanley recorded $13.4 billion in net revenues in 2Q 2020 with a net income of $3.2 billion. Its RoE was 15.7% and ROTCE was 17.8%. Strong market activity and performance of the Institutional Securities business helped the firm to.....
Travel Players Dealing with COVID-19 Crisis: Capital Raising Catches Wave
July 18, 2020 03:50 AM AEST| By Team Kalkine MediaWhile the COVID-19 pandemic has sent world’s financial markets into a tailspin, capital raisings to sustain businesses and aid innovation are gaining significant traction, with recent instances bespeaking travel companies’ approaches to.....
Bear Market Brain Game-Do Markets Affect Your Brain While Jolting Your Pockets?
July 18, 2020 03:27 AM AEST| By Hina ChowdharyThe great Charlie Munger believes that many with high IQs are dreadful investors as they demonstrate terrible temperaments. One needs to keep irrational, raw emotion well under control to thrive in a stock market. The dynamic stock market goes th.....
ASX welcomes healthcare player: MedTech firm 4DMedical rolled out IPO two weeks earlier
July 18, 2020 03:10 AM AEST| By Kunal SawhneySummary 4DMedical launched its ASX IPO two weeks prior, backed by the US Food and Drug administration approval, to market its lung-imaging product. The Company is targeting the US and Australian market for the increasing number of cases of COVI.....
A glance at post-COVID-19 future of work
July 18, 2020 03:02 AM AEST| By Team Kalkine MediaIn the wake of COVID-19 crisis, the world of employment is seriously disrupted and many parts of society – including companies, employees and social groups – are expected to perform a role in supporting workers, their families, .....
‘DE’fensive and ‘OF’fensive: Pivoting Strategies for FAANG Stocks set for Action
July 17, 2020 10:09 PM AEST| By Team Kalkine MediaSummary 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
July 17, 2020 09:55 PM AEST| By Team Kalkine MediaSummary 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
July 17, 2020 09:47 PM AEST| By Team Kalkine MediaSummary 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%
July 17, 2020 09:11 PM AEST| By Kunal SawhneyThe 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
July 17, 2020 08:22 PM AEST| By Team Kalkine MediaSummary 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
July 17, 2020 08:20 PM AEST| By Team Kalkine MediaOn 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
July 17, 2020 07:21 PM AEST| By Team Kalkine MediaSummary 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
July 17, 2020 06:14 PM AEST| By Team Kalkine MediaSummary 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
July 17, 2020 04:07 PM AEST| By Team Kalkine MediaThe 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
July 17, 2020 02:55 PM AEST| By Team Kalkine MediaSummary 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.....
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