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World news
Is Elon Musk’s Starlink Ready To Be Commercialised?
March 12, 2021 01:58 PM AEDT| By Mark O'DonnellSource:AleksandrMorrisovich ,Shutterstock Summary Starlink is taking pre-orders in New Zealand and Germany for its internet satellite service. Over 1,200 satellites are currently encircling the globe in low orbit. The Company is seeking approv...
GameStop Weekly Update: Up 89% So Far
March 12, 2021 12:25 PM AEDT| By Mark O'DonnellSource: quietbits,Shutterstock Summary GameStop stock has risen 89% since last Friday at US$137.74 to end at US$260 yesterday. Online discussion and interest concerning the stock are still incredibly high, arguable more than in February w...
US Stocks Close Higher On Tech Rally, Jobs Data
March 12, 2021 09:10 AM AEDT| By Team Kalkine Media/li> Unemployment benefits claims, a proxy for layoffs, fell to 712,000 last week. US markets closed higher on Thursday, lifted by technology stocks, as investors welcomed the positive employment data and signing of the coronavirus relief bill...
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Vaccine Updates From Different Nations: The UK, The US, NZ, CA, AU
March 11, 2021 05:53 PM AEDT| By Mark O'Donnelleyes partners but can afford to do so with few community cases in each country. United Kingdom Source: Copyright © 2021 Kalkine Media Pty Ltd The Oxford- AstraZeneca and Pfizer BioNTech vaccines began rolling out in the UK in December...
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Four recent IPOs that had a blockbuster debut
March 11, 2021 05:02 PM AEDT| By Team Kalkine MediaSource: patpitchaya, Shutterstock Summary IPOs are a significant step for a company as it gets the opportunity to raise capital for further business expansion. Recently, investors witnessed multiple successful IPOs, making their presence felt...
EVs Charging Station Stocks To Rise In 2021; Here’s Why
March 11, 2021 12:47 PM AEDT| By Mark O'DonnellSource: guteksk7 ,Shutterstock Summary EVs charging stocks are gaining from a spill-over of investor enthusiasm for Electric Vehicles. Blink Charging shares have multiplied exponentially in the past 52 weeks, up by over 2000%. EVBox is f...
North American Markets Today: Top Five Developments
March 11, 2021 09:53 AM AEDT| By Team Kalkine MediaSource: bluebay, Shutterstock North American markets saw various developments from deals, IPOs, central bank rates to new covid vaccine orders that dominated the sessions on Wednesday. The following are some of the highlights. GE to Wind Do...
US Markets Surge As Energy, Financials Fly High, Inflation Fears Ebb
March 11, 2021 08:43 AM AEDT| By Team Kalkine Media> The 10-year Treasury bond yields were down 1.81% to 1.516 on Wednesday. US markets closed higher on Wednesday after energy, financials, and energy stocks surged as new data showed that inflation continued to remain low, and effects of the sti...
How Taulia’s Deal with JP Morgan Chase Is Bad News for Greensill
March 10, 2021 08:22 PM AEDT| By Suhita PoddarSource: kan_chana, Shutterstock One of Greensill Capital’s technology partner Taulia receives liquidity facility from JP Morgan. Of the US $6 billion liquidity window, US $3.8 billion has been provided by the bank. JP Morgan’s liquid...
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Italy to become the first EU nation to manufacture Russia’s Sputnik V vaccine
March 10, 2021 04:53 PM AEDT| By Team Kalkine MediaSource: LookerStudio, Shutterstock Summary Italy is all set to become the first EU country to manufacture Russia’s COVID-19 vaccine, Sputnik V. Some European nations have authorized the use of Sputnik V even before the EMA approval. Des...
Peloton Interactive Set to Spread Wings to Australia in H2, Shares Fly
March 10, 2021 04:27 PM AEDT| By Team Kalkine MediaAustralia will mark the entry of the company into the Asia-Pacific region. American company Peloton Interactive, Inc. (NASDAQ:PTON) is all set to enter Australia. The leading interactive fitness platform maintains a strong global presence ....
Walt Disney's hopes up as Disneyland set to reopen after months of closure
March 10, 2021 12:46 PM AEDT| By Team Kalkine MediaSource: Marko Aliaksandr,Shutterstock Summary Walt Disney observed an uptick of more than 6% in its share price after health officials gave a green signal to reopen theme parks in California. The parks are required to open with limited ca...
8 Bargain Cyclical Stocks To Keep An Eye On In 2021
March 10, 2021 12:45 PM AEDT| By Mark O'DonnellSource: Vintage Tone,Shutterstock Summary Cyclical stocks are picking up steam as investor optimism grows for global economies. US Airliners have had strong price movements this week and are quickly losing their bargain status. US Tanker stoc...
US Markets Today: Top Five Developments
March 10, 2021 09:04 AM AEDT| By Team Kalkine MediaSource:isak55 ,Shutterstock From OECD’s improved US growth forecast, Zoom Video CEO’s ownership transfers to Beyond Meat’s latest collaborations with Walmart Inc., the US markets saw a variety of developments on Tuesday, which kept...
US Indices Edge Higher As Tech Stocks Rally, Bond Yield Drops
March 10, 2021 08:51 AM AEDT| By Team Kalkine MediaSource: Anikin Denis,Shutterstock Summary S&P 500 rose 1.42%, Dow Jones was up 0.10%, and NASDAQ gained 3.69%. The 10-year Treasury bond yields declined 3.59% to 1.537 on Tuesday. Zoom Video’s Eric Yuan transfers US$6 billion w...
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Australia warns against protectionism on Italy's vaccine export block
March 09, 2021 04:55 PM AEDT| By Team Kalkine MediaSource: Seasontime, Shutterstock Summary Australian government triggers a warning against vaccine protectionism on the vaccine export block from Italy. The country has asked the European Commission to review Italy’s decision. The govern...
Amazon-backed Deliveroo set for London IPO with Dual-Class Structure
March 09, 2021 01:51 PM AEDT| By Team Kalkine MediaSource: zaozaa19,Shutterstock Summary Deliveroo, a British food delivery firm, is set to launch its IPO, expected to be London's biggest listing in several years. The plan follows strong business traction during 2020. The com...
Legacy Automakers Transitioning to EV by 2030
March 09, 2021 12:53 PM AEDT| By Mark O'DonnellSource: Virrage Images,Shutterstock Summary Legacy Automakers are ramping up EV production, with many signalling a complete transition to EV within the decade. Electrified versions of popular makes and models are being pushed out over the...
US Stocks End Mixed Amid Recovery Hopes, Bond Selloff
March 09, 2021 08:43 AM AEDT| By Team Kalkine Mediaden’s US$1.9 trillion relief bill set for a final Senate vote on Tuesday. US stocks ended mixed on Monday ahead of a crucial Senate vote on President Joe Biden’s US$1.9 trillion stimulus package this week, even as investors continued...
Why Is Goldman Sachs Group Inc Planning to Resume Its Cryptocurrency Desk?
March 09, 2021 12:56 AM AEDT| By AbhijeetSource: Chinnapong, Shutterstock Summary A study by Goldman Sachs has found renewed interest in the group’s digital assets. Media reports had said that the group would now be dealing in bitcoin futures, non-deliverable forwards. Ami...
AI on the Rise: A Look at Top AI Companies and Their Stocks