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Seven S&P 500 stocks with highest YTD returns
August 26, 2021 09:09 AM AEST| By Ipsita SarkarHighlights Moderna surged 278.04% year-to-date and 508.72% in one year. Nucor stock generated a 131.73% year-to-date return. Its P/E ratio is 11.95. Bath & Body Works stock climbed 127.41% year-to-date. Its P/E ratio is 10.....
US markets extend gains as tech, financial stocks rise
August 26, 2021 07:54 AM AEST| By Sanjeeb BaruahAll major US stock markets closed higher on Wednesday, August 26, pulled up by gains in technology and financial sectors. The blue-chip S&P 500 and tech-heavy Nasdaq Composite closed at record highs for the third consecutive day, buoyed by a posi...
Top volume movers to watch after Nasdaq’s record closes
August 26, 2021 06:03 AM AEST| By Sanjeeb BaruahHighlights Advanced Micro Devices, Inc’s (Nasdaq: AMD) trading volume was 29,593,198 at 12.19 pm ET on August 25. Apple Inc (Nasdaq: AAPL) reported revenue of US$81.4 billion in Q2, 2021. NVIDIA Corp’s (Nasdaq: NVDA) net income was.....
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Is Cardano likely to surge in near future?
August 25, 2021 08:16 PM AEST| By SonalHighlights Cardano token ADA has risen over 100% this month after the news of the network upgrade. Cardano is targeting to launch Alonzo upgrade in September. The environment-friendly crypto can gain momentum after the software upgrade. .....
Five reasons why Gold isn't going up anymore
August 25, 2021 07:29 PM AEST| By Arpit VermaGold prices crossed US$1,800 per ounce after gaining nearly 1.4% on Monday, on indications that the US Federal Reserve might delay plans to cut economic stimulus packages. So far in 2021, gold has given a negative return of 5.38%. &n.....
Asia-Pacific shares mixed: Sensex at an all-time high, ASX miners rally
August 25, 2021 06:18 PM AEST| By Furquan MoharkanAsia-Pacific stocks were mixed on Wednesday, as optimism continued to drive stocks, with India’s Sensex touching a record high and a rally in the shares of Australian miners. India’s premier benchmark – the BSE Sensex – touch...
Will Bitcoin’s fast recovery fizzle out?
August 25, 2021 02:10 PM AEST| By Furquan MoharkanA rally of over 100%, then a crash of over 100%, and now rallying back by close to 100%. Yes, there is one such asset class which has been so volatile in just eight months of this year – and it is Bitcoin. Bitcoin has given year-to-date return...
Is Contact Energy (NZX:CEN) government owned? Is it based in NZ?
August 25, 2021 01:24 PM AEST| By Jasmine AnandContact Energy Limited (NZX:CEN;ASX:CEN) is New Zealand’s famous electricity producer, supplying natural gas and LPG to its customers. It also provides broadband services across the country. The Company generates around 80% of its electricity.....
Airbnb (NASDAQ:ABNB) extends temporary housing support to Afghan refugees
August 25, 2021 12:55 PM AEST| By SonalHighlights Airbnb has come forward to give free housing to 20K refugees from Afghanistan. The step comes as people vacate from Taliban-controlled Afghanistan. The US has evacuated nearly 60,000 people from Afghanistan since 14 August. Vac.....
Why Pfizer COVID-19 vaccine is hitting the headlines again
August 25, 2021 12:35 PM AEST| By Furquan MoharkanThe United States Monday gave full approval to Pfizer's COVID-19 vaccine, which had earlier been given emergency use authorisation by the Food and Drug Administration (FDA). The full authorisation of the Pfizer’s shot for people aged 16 years...
Binance’s new project furthers DeFi: What is Coin98?
August 25, 2021 11:03 AM AEST| By Daniel Paul JohnsHighlights The Coin98 platform is the place to go for interoperable DeFi lending, borrowing, and yield farming. The C98 token is the native token of the Coin98 ecosystem and is utilised to participate in governance, pay fees, as well as get acc.....
Nasdaq Golden Dragon Index declines 46% as China stocks retreat
August 25, 2021 09:43 AM AEST| By Sanjeeb BaruahChinese stocks have been retreating in the past few months as Beijing tightened the corporate rules over many issues. Besides, the recent crackdowns on Didi Global, TAL Education, and the Alibaba Group have raised major concerns in the investing co.....
Pfizer (PFE) & AMC (AMC): Two trending stocks on Tuesday
August 25, 2021 08:33 AM AEST| By Team Kalkine MediaHighlights The Pfizer stock was trading low after registering gains in the previous session. The AMC Holdings Inc. stock was up 19.60% at 3:07 pm ET. Both the stocks witnessed large trading volumes on Tuesday. Stocks of Pfizer.....
US stocks rise on vaccine hopes, positive economic outlook
August 25, 2021 08:01 AM AEST| By Sanjeeb BaruahBenchmark S&P 500 and NASDAQ composite closed at record highs for the second consecutive day on Tuesday, August 24, after significant gains in consumer discretionary and energy segments. The S&P 500 was up 0.15% to 4,486.23. The Dow Jones ro...
Microsoft shares hit record high after Office 365 price hike
August 24, 2021 06:24 PM AEST| By Team Kalkine MediaHighlights Microsoft shares scaled new heights on Monday after it announced a price hike for Office 365 subscriptions for its business clients. MSFT shares rose 0.1% to close at a record high of US$304.65, while market capitalisation surged to .....
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Binance Coin showcases positive movement in crypto market
August 24, 2021 06:21 PM AEST| By Kamalika GhoshHighlights Binance Coin (BNB) is a cryptocurrency issued by one of the biggest cryptocurrency exchanges globally, Binance. Binance Coin was trading at US $497.05 with a 24-hour trading volume of $3,43,45,78,379 according to CoinMarketCap......
Is New Zealand on the right path to become a zero-carbon country?
August 24, 2021 04:49 PM AEST| By SonalCarbon and other greenhouse gas emissions are one of the most urgent challenges faced by countries today. It is also the key driver of climate change, which can have physical, ecological and health impacts. NZ has pledged to reach net-zero emissio.....
US evacuates 11,000 people from Afghanistan in 30 hours
August 24, 2021 04:42 PM AEST| By Furquan MoharkanIn what could be one of the most crucial state-sponsored evacuation programmes in the history, US has evacuated 11,000 people from Afghanistan in the last 30 hours. Since 14 August 2021, a day before the country’s capital fell to Taliban, the...
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Binance announces the arrival of WAX coin
August 24, 2021 03:46 PM AEST| By Daniel Paul JohnsHighlights WAX coin, whose native currency is called WAXP, is a community for digital collectables and gaming. WAX operates on a proof-of-stake consensus where users are required to stake WAXP tokens to enter community assets and then acc.....
APAC markets buoyed on Pfizer COVID-19 vaccine’s FDA milestone
August 24, 2021 03:34 PM AEST| By Furquan MoharkanEquity markets in the Asia Pacific (APAC) region on Tuesday picked up from where they left on Monday, as the rally in the indices continued on the back of the US Food and Drug Administration’s (FDA) full approval of Pfizer and BioNTech’s...
