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Avalanche, Litecoin: 2 altcoins to watch out for in 2022
Cryptocurrency

Avalanche, Litecoin: 2 altcoins to watch out for in 2022

Highlights Many altcoins, with their unique and distinct features, have become major players in the digital currency market Avalanche boasts near-instant, low-cost transactions Litecoin offers extremely low transaction fees, making it suitable...

NPH, GTK, TRA: 3 buzzing stocks with FY22 results today
Stock Market

NPH, GTK, TRA: 3 buzzing stocks with FY22 results today

Highlights Several companies have announced their earnings results today NPH and GTK announced their half-year results, TRA announced its full-year results Stocks of NPH and GTK were trading down on the NZX It’s the earnings season ...

  • May 24, 2022 08:56 PM NZST
  • Manika
What is AgeOfGods (AOG) crypto and why its volume soared 1200%?
Cryptocurrency

What is AgeOfGods (AOG) crypto and why its volume soared 1200%?

Highlights The AOG crypto is the native token of AgeOfGods. AgeOfGods claims to be a new type of play-to-earn game as it gives full ownership rights over in-game items to the players. The AgeOfGods crypto is available on cryptocurrency exchang...

NZX down 0.61%, orange setting remains amid fears of COVID-19 wave
Market Updates

NZX down 0.61%, orange setting remains amid fears of COVID-19 wave

Highlights The NZX share market closed in the red currently, as the government announced that the country will remain in the orange setting amid a possible spike in Omicron cases in winter Global indices showed mixed trends; while Wall Street c...

Request crypto rises 18%, REQ trade volume zooms 4,500% with BTC in red
Cryptocurrency

Request crypto rises 18%, REQ trade volume zooms 4,500% with BTC in red

Can any altcoin rise when the broader cryptoverse is in red? CoinMarketCap data suggests that not one, but many assets may surge even when BTC is down. As of writing, BTC was down almost three percent on a 24-hour basis. ETH too was in red, nearly...

RBNZ to announce OCR rates on Wednesday, what to expect?
Economy

RBNZ to announce OCR rates on Wednesday, what to expect?

Highlights The Central Bank of NZ to announce the official cash rates (OCR) Wednesday It is almost certain that it will raise the OCR According to most of the economists, it will raise the OCR by 50 bps It is almost certain that the Reser...

  • May 24, 2022 06:14 PM NZST
  • Manika
IFT, KPG, FBU: 3 housing stocks to eye ahead of OCR announcement
Infrastructure and Real Estate Stocks

IFT, KPG, FBU: 3 housing stocks to eye ahead of OCR announcement

Highlights Kiwibank economists have forecasted that all mortgage rates would be more than 6% over the coming year. Kiwi Property Group reported a 14% rise in NPAT to $224.3 million in FY22, propelled by a rise in income and asset values. Infra...

  • May 24, 2022 04:55 PM NZST
  • Sonal
PEB, OCA, RYM: 3 healthcare stocks in news as NZ continues orange setting
Healthcare Stocks

PEB, OCA, RYM: 3 healthcare stocks in news as NZ continues orange setting

Highlights NZ to continue the orange setting ahead of the Omicron winter spike Pacific Edge to organise its Annual Shareholder Meeting in July Ryman Healthcare to distribute 13.6 cps as final dividend New Zealand will continue its orange ...

WHS, BGP, KMD: 3 stocks in news as NZ retail sales drop in Q1
Retail Stocks

WHS, BGP, KMD: 3 stocks in news as NZ retail sales drop in Q1

NZ’s volumes of retail sales stayed majorly unchanged in Q1 2022. The latest figures from Stats NZ released on Tuesday showed that total retail sales volumes declined 0.5% in the March quarter after an 8.3% increase in previous quarter. The...

  • May 24, 2022 02:40 PM NZST
  • Sonal
SPK, SUM, GNE: Are these 3 NZX mid-cap stocks worth exploring in 2022?
Midcap Stocks

SPK, SUM, GNE: Are these 3 NZX mid-cap stocks worth exploring in 2022?

Highlights Mid-cap stocks offer stronger growth opportunities as compared to their peers Spark New Zealand’s subsidiary extends its standby facility Genesis Energy plans to offer green capital bonds Mid-cap stocks comprise those com...

Wall Street regains momentum on bank, tech stocks rally; VMW, JPM surge
Market Updates

Wall Street regains momentum on bank, tech stocks rally; VMW, JPM surge

US stocks closed higher on Monday, May 23, lifted by gains in mega-cap technology and bank shares following eight straight weekly declines of the indices, the longest streak since the 2001 dot com bubble. The S&P 500 was up 1.86% to 3,973.75. Th...

Why is MMORPG Outer Ring (GQ) crypto gaining attention?
Cryptocurrency

Why is MMORPG Outer Ring (GQ) crypto gaining attention?

Highlights Outer Ring project was launched three years ago as a “Massively Multiplayer Online Role-Playing Game” or “MMORPG”.   It is based on a novel by the same name by Martin Wilsey.  On Monday, the GQ...

Is Fantom (FTM) crypto rising on Andre Cronje news?
Cryptocurrency

Is Fantom (FTM) crypto rising on Andre Cronje news?

Highlights: Fantom is a directed acyclic graph (DAG) smart contract platform that offers developers DeFi-related services. The FTM token is tradeable on crypto exchanges like Binance, Gate.io, etc. It returned over 38% gains in the last seven ...

Why is IoTeX (IOTX) crypto rising?
Cryptocurrency

Why is IoTeX (IOTX) crypto rising?

Highlights: IoTeX is an open-source, decentralized platform aiming to enhance “open economics for machines”. The IOTX token is available for trading on exchanges, such as Binance and Huobi Global. It returned 35% gains in the last ...

What is DEXTools (DEXT) crypto and why is it up?
Cryptocurrency

What is DEXTools (DEXT) crypto and why is it up?

Highlights  DEXTools is a DeFi app and an ecosystem for decentralized exchange traders.  DEXT is the utility token of DEXTools.  It has a market capitalization of US$17.1 million. The DEXTools (DEXT) token rose 8.97% to US$...

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