News

Bitcoin: A New Asset Class Or Greatest Bubble Of All Time?

Source: 3Dsculptor , Shutterstock Summary Bitcoin as a cryptocurrency does not completely fulfills the mandatory qualities of an asset clas...

How Are NZ Businesses Progressing on Climate Change and Sustainabili...

Source: cornfield, Shutterstock Summary The Paris Agreement gives sustainability goals to countries. Several organisations from the world over...

Blue Origin, Virgin Galactic delay trip to space

its spaceflight test from February 2021 to May 2021 due to corrective work going on. As per the reports, two major space ventures have postponed...

US Tech Stocks Down Due To Attractive Bond Yields

opments. Stocks are down globally, including the ones listed with the NZX and ASX. The US stocks experienced large sell-offs during the trading s...

Tesla (NASDAQ:TSLA) Competing With Fast-Growing China Based EVs

Source: Ascannio ,Shutterstock Summary Investors in China based EV manufacturers hope the companies would build upon their success in China...

MicroStrategy spends US$1 billion to buy more Bitcoins

Source:Yourg ,Shutterstock Summary MicroStrategy has bought 19,452 more Bitcoins for an average price of US$52,765 per Bitcoin, totalling to a w...

Bitcoin Mania- Bubble or Boom?

Source: Phongphan,Shutterstock Every asset’s price that moves quite rapidly in a very short span of time often gets dragged into the debate of...

Wall Street Ends Lower; What Weighed On Stocks

Source: G-Stock Studio, Shutterstock Summary S&P 500 fell 2.45%, NASDAQ dropped 3.52%, and Dow Jones shed 1.75%. Industrials, technolo...

Square (NYSE:SQ) Bitcoin Stake Reaches US$220 Million

roStrategy’s CEO believes Bitcoin could be worth US$100 trillion one day. Square Inc (NYSE:SQ) has recently reported the purchase of US$170...

Is GameStop (NYSE:GME) Rallying Again?

top after testifying before the House Financial Services Committee. The share price of the gaming retailer GameStop Corp (NYSE:GME) was halted at...

US Stocks Roar Back on Fed Reassurance, Recovery Hopes

Brands, and others to present earnings reports after markets close. After a brief lull, US stock markets came back strongly to end the session hi...

Federal Reserve says US unemployment scenario far worse than seen

Source: Shutterstock Summary Federal Reserve chair Jerome H. Powell said that the US economic revival is incomplete and uneven...

How is the Needle Moving on Greenback Amid Powell’s Latest Comments

After a tumultuous start to 2021, the US Dollar continues to remain volatile with bleak expectations of recovery for the remaining year. Bank experts...

Major shakeup at GameStop; CFO Jim Bell set to quit

Source: Shutterstock GameStop’s Chief Financial Officer Corp Jim Bell will be leaving the organisation in March this year, the video game giant...

How New Zealanders Can Invest In Different Types Of Cryptocurrency

stors from having to purchase and manage digital assets themselves. New Zealanders can invest in Cryptocurrency with little restrictions. There a...

RBNZ keeps OCR unchanged at 0.25% hints at prolonged stimulus

rebound in NZ is better than expected, it is uneven and uncertain. As expected, the Reserve Bank of New Zealand (RBNZ) kept the official cash rat...

Are Investors Exiting Tech Stocks For Other Growth Sectors?

s. NASDAQ is down around 6% from its peak on February 12. Blue-chip tech stocks have seen a sixth-straight decline in recent days, but could thi...

US Markets End Flat Despite Fed’s Supportive Rate Pledge

arkets to maintain low rates, rules out inflation pressure for now. US stock markets ended flat for a second consecutive day on Tuesday despite t...

Facebook ‘re-friends’ Australia, set to lift news ban

Source: Shutterstock In a major triumph for Australia, US tech giant Facebook has finally struck a reconciliatory note with the country’s Feder...

Bitcoin rally hits a roadblock; price falls after Musk's tweet

coin is an unpredictable asset, fearing investors might take a hit. The most popular cryptocurrency in the world, bitcoin, sank nearly 10% on Mon...