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Is Kiwi Food Industry All Set To Witness A Turnaround This Year? A Look At 4 Related Stocks
Consumer Stocks

Is Kiwi Food Industry All Set To Witness A Turnaround This Year? A Look At 4 Related Stocks

Summary The food industry faced a lot of ups and downs amid the pandemic, with sales of frozen foods and alcohol jumping several times. Restaurant Brands gave a solid performance in Q1 FY21, while My Food Bag scheduled its annual meeting on 21 ...

4 NZX-listed Dividend Stocks with Above 5% Yield Amid Ongoing Pandemic
Dividend Stocks

4 NZX-listed Dividend Stocks with Above 5% Yield Amid Ongoing Pandemic

Dividend stocks are companies that provide dividends to its shareholders regularly. These businesses are typically well-established and have a track record of fairly allocating profits to shareholders. Investors should consider the different factors...

  • May 08, 2021 12:00 AM NZST
  • Sonal
Bank of England Governor’s Crypto Warning – Be Prepared to Lose All Your Money
Cryptocurrency

Bank of England Governor’s Crypto Warning – Be Prepared to Lose All Your Money

Summary Andrew Bailey, Bank of England’s governor, has warned investors to be prepared to lose money if they invest in Dogecoin. Dogecoin has made an astronomical rise in the past twelve months, particularly since the start of 2021. The ...

One Technology Stock in Penny Space For Long-term Growth
Technology Stocks

One Technology Stock in Penny Space For Long-term Growth

The outbreak of COVID-19 pandemic has impacted several sectors and the companies. The lockdowns which were imposed to restrict the spread of this deadly virus impacted the operations of the companies. However, now some sectors and companies are expec...

Dogecoin Surge Leads to Robinhood Crash as Investors Left Feeling Robbed
Cryptocurrency

Dogecoin Surge Leads to Robinhood Crash as Investors Left Feeling Robbed

Summary Trading app Robinhood crashed due to a recent heavy influx of investors hoping to cash in on the Dogecoin rush. The site’s crash occurred on the back of Dogecoin’s value, rising around 12% in just nine hours. Robinhood&rsqu...

Has the Rally Begun in Procter & Gamble Co. Post Consolidation?
World News

Has the Rally Begun in Procter & Gamble Co. Post Consolidation?

Summary Procter & Gamble Co. (NYSE: PG) outperformed its peers and generated ~4.62 percent return in the last 3 months. PG stock prices are trading in a falling wedge formation on the daily chart and now taking the major support from the 50...

Goldman Sachs offers a new Bitcoin derivative
Cryptocurrency

Goldman Sachs offers a new Bitcoin derivative

Summary The institutional demand for exposure to Bitcoin has continued to grow significantly in the derivative space. Goldman Sachs has started to offer a new derivative product to its clients, which closely tracks the price of Bitcoin. The de...

  • May 07, 2021 08:55 PM NZST
  • Aayush
Experts warn of more COVID-19 variants as India reels under the deadly second wave
World News

Experts warn of more COVID-19 variants as India reels under the deadly second wave

Summary Viruses continually mutate, and sometimes new variants emerge that can persist for a longer time. Experts warn that more COVID-19 variants are anticipated to arise in the upcoming months. Meanwhile, Moderna’s new booster shot has...

NZ50 Shares Fell on Friday, Extending Losses for the 3rd Consecutive Session
Market Updates

NZ50 Shares Fell on Friday, Extending Losses for the 3rd Consecutive Session

On 7th May 2021, New Zealand shares continued to fall for the 3rd consective day led by the Information Technology sector that weighed over the broader market as investors moved bearish. Notably, NZX 50 declined by 0.17% to 12,729.92 and NZX 20 fell ...

Fed warning fails to stymie APAC markets’ rally
World News

Fed warning fails to stymie APAC markets’ rally

The equity markets in the Asia Pacific (APAC) rallied on Friday, despite the warning about ‘significant declines’ in the asset prices. All the indices in the region, except for Indonesia and New Zealand, were trading in green. The Taiw...

Are These 6 Biggest Stock Movers On The NZX Today? FBU, BLT, ZEL, FCG, NWF, SVR
Stock Market

Are These 6 Biggest Stock Movers On The NZX Today? FBU, BLT, ZEL, FCG, NWF, SVR

Summary Bullish/Bearish stock trading or the day View their latest announcements and developments. What caused these stocks to do better/worse than the others? Some of the biggest movers of the day, whether trading green or red grab the m...

  • May 07, 2021 06:12 PM NZST
  • Roma
Palladium rockets to an all-time-high; here's what propelled its rally
World News

Palladium rockets to an all-time-high; here's what propelled its rally

Summary Palladium prices surged to all-time-high levels on strong demand and supply deficits. The ongoing disruptions in Russian and South African mines have created a supply deficit in the market. Joe Biden’s infrastructure plan and sti...

5 Hot NZX Penny Stocks From Technology Sector To Explore In 2021
Penny Stocks

5 Hot NZX Penny Stocks From Technology Sector To Explore In 2021

Summary Technology sector has stayed resilient to COVID-19. Investing in penny stocks can help investors in attracting big profits by making small investment. Some penny stocks have huge growth potential in tech space. The tech sector has...

  • May 07, 2021 04:25 PM NZST
  • Sonal
Too high for NASDAQ: Berkshire shares outpace computers
World News

Too high for NASDAQ: Berkshire shares outpace computers

Summary The Class A shares of Berkshire are trading at US$435,120 This is higher than what NASDAQ computers can record The company has never had a stock split. The Class A shares of Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) h...

New Zealand In Awkward Spot As Tension Between Australia And China Soars
World News

New Zealand In Awkward Spot As Tension Between Australia And China Soars

Summary China has been criticised for its policies on Hong Kong and Uyghurs by the Five Eyes alliance. New Zealand took a diplomatic stand and Australia faced the maximum burns from China as the latter also questioned about the origin of the no...

Coronavirus Reaches Mt Everest, Nepal Worried About its Tourism Industry
World News

Coronavirus Reaches Mt Everest, Nepal Worried About its Tourism Industry

Summary COVID-19 spreading chaos in the Everest Nepal amongst other nations trying their best to control the second wave While travel is the worst hit, concerns over this years’ expeditions. Covid-19 has swept through the world like...

  • May 07, 2021 02:41 PM NZST
  • Roma
New Zealand shells out €100,000 to support OPCW’s ChemTech Centre
World News

New Zealand shells out €100,000 to support OPCW’s ChemTech Centre

The Government of NZ has given a further €100,000 to a special Organisation for the Prohibition of Chemical Weapons (OPCW) Trust Fund. The contribution will help build a new facility, the  OPCW Centre for Chemistry and Technology (also call...

  • May 07, 2021 02:18 PM NZST
  • Sonal
US Fed sounds warning over rising asset prices
World News

US Fed sounds warning over rising asset prices

Summary Fed warns of potential ‘significant decline’ in the asset prices. Fed governor calls for stronger safeguard. The US apex bank also warns about potential deterioration in the asset quality. The US Federal Reserve (Fed) ...

Why EV revolution may not be as green as we think
World News

Why EV revolution may not be as green as we think

Summary Electric vehicles (EVs) have witnessed a ground-breaking journey in the past one year. The need for green energy coupled with technological advancements have steered the EV revolution. The battery metal production process poses serious...

PayPal, Square Ride High On Strong Digital Payments
World News

PayPal, Square Ride High On Strong Digital Payments

Digital payments behemoth PayPal Holdings, Inc. (NASDAQ: PYPL) and Square, Inc. (NYSE: SQ) reported stellar first-quarter results amid the government’s stimulus payments and bitcoin transactions. While PayPal posted significant growth in its...

Lexus EV To Be Launched In New Zealand Before 2021 Ends; Government Mulling Over Feebates
World News

Lexus EV To Be Launched In New Zealand Before 2021 Ends; Government Mulling Over Feebates

Summary The use of Electric Vehicles is constantly on the rise as they run on electric engines rather than on toxic fuels. New Zealand will soon witness Lexus EV- UX 300e hitting its roads. The NZ Government is working towards increasing the s...

Why To Consider 5 Hot NZX Dividend-Paying Stocks For Retirement?
Dividend Stocks

Why To Consider 5 Hot NZX Dividend-Paying Stocks For Retirement?

Summary Retirement is an important milestone in everybody’s life, and one should ensure a constant income source for themselves and family. Scott Technology witnessed a strong H1 FY21 result with an increased revenue. Despite travel rest...

Look AT These 7 Stocks That Have Been Active on The NZX
Stock Market

Look AT These 7 Stocks That Have Been Active on The NZX

Some stocks trade better than others on a day-to-day basis. This may depend on several factors like the market demand and supply, the state of a country’s economy and so on. Have a look at these 7 stocks that have gained maximum momentum in ter...

  • May 07, 2021 12:44 PM NZST
  • Roma
How Are New Zealand Banks Dealing With COVID-19 Impact? A Look At BNZ, ASB, ANZ, WBC, HGH
Financial Stocks

How Are New Zealand Banks Dealing With COVID-19 Impact? A Look At BNZ, ASB, ANZ, WBC, HGH

New Zealand has a modern and efficient banking and financial sector. Banks added $7.86 billion to the New Zealand economy in 2020, as per New Zealand Bankers Association. Coronavirus wreaked havoc on consumers, companies, and communities all over th...

Will Honeywell International Inc.’s Prices Scale New Highs?
World News

Will Honeywell International Inc.’s Prices Scale New Highs?

Summary HON’s prices are trading above resistance turned support level on the daily chart and getting support from the 50-period Simple Moving Average (SMA). HON outperformed its peer and generated ~42 percent return in the last 9 months...

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