News
Ethereum Price Expected to React to ETF Inflows in the Coming Days
July 23, 2024 07:28 PM AEST| By Team Kalkine MediaThe price of Ether (,ETH,) is anticipated to be sensitive to inflows from new spot ETFs in the coming days, according to crypto analytics firm Kaiko. The launch of spot Ethereum ETFs, which began trading on July 23, is being closely watched, especial...
Sanderson Design Group (LSE: SDG) plans to explore international market amid weakness in the UK
July 23, 2024 03:44 AM AEST| By Team KalkineHighlights,SDG's revenue declined marginally in FY24 amid challenging consumer conditions,SDG declared a final dividend of 2.75 pence per share, payable on August 9, 2024, with an ex-dividend date of July 11, 2024.,SDG achieved a current ratio of 3.3...
Donald Trump’s Crypto Platform: What's Miss
July 20, 2024 04:11 PM AEST| By Team Kalkine MediaAt the Republican National Convention, President Donald Trump unveiled a new platform for the Republican Party, largely in line with traditional conservative values. However, a notable departure was the inclusion of a pro-innovation crypto policy. Tr...
Empowering Whistleblowers: Crypto's Role in Secure Information Sharing
July 20, 2024 04:09 PM AEST| By Team Kalkine MediaIn recent years,,Bitcoin,has emerged as more than just a financial tool for individuals like Julian Assange; it symbolizes a broader potential within the crypto space to revolutionize how whistleblowers operate. Beyond financial donations, cryptocurr...
Today in Crypto: Bitcoin Oversold, Microsoft Outage, WazirX Hacker Moves $149M to ETH
July 20, 2024 04:07 PM AEST| By Team Kalkine MediaAccording to a recent report by ARK Invest,,Bitcoin,experienced significant overselling following the German government's sale of 50,000 BTC seized in a 2020 police operation. This multi-week sell-off in June prompted a price decline, suggesting a po...
Ethereum Price Outlook Post Spot Ether ETF Launch and Supply Dynamics
July 20, 2024 04:04 PM AEST| By Team Kalkine MediaEthereum’s price could face downward pressure in the coming months as the initial excitement over spot Ethereum exchange-traded funds (ETFs) subsides amid ongoing supply increases, according to analysts.,Benjamin Cowen, crypto trader and founder of I...
Crypto Community Responds to Windows-CrowdStrike Outage, Blockchains Unaffected
July 20, 2024 04:02 PM AEST| By Team Kalkine MediaOn July 19, members of the crypto community took to social media to celebrate the resilience of blockchain networks amid one of the largest information technology outages in history. While courts, healthcare providers, airlines, and essential service...
Nvidia Announces Breakthrough in GPU-Based Quantum Computing
July 20, 2024 03:59 PM AEST| By Team Kalkine MediaNvidia's recent breakthrough in quantum computing, specifically in the realm of quantum annealing, represents a significant step forward in the field. Here's a breakdown of the key points from the information provided:,Focus on Quantum Annealing,: Nv...
On The Beach Group (LSE: OTB) aims to achieve full-year profitability in FY24, driven by strong summer season
July 18, 2024 05:48 AM AEST| By Team KalkineHighlights,In H1 FY24, OTB saw 11% increase in group revenue to GBP 80.8 million, driven by a 22% rise in group bookings,The company’s adjusted EBITDA surged by 93% to GBP 8.1 million in H1 FY24, compared to pcp,The company paid an interim dividend o...
Caledonia Mining (LSE: CMCL) targets gold production of 74-78koz in FY24 and FY25
July 13, 2024 05:49 AM AEST| By Team KalkineHighlights,CMCL’s EBITDA rose sharply to USD 9.9mn in Q1FY24 from USD 2.3mn in pcp,The company’s FY23 saw a 3% increase in gross revenue and a 33% drop in gross profit,The company’s management declared a quarterly dividend of USD 0.14 per share, paya...
Bytes Technology (LSE: BYIT) Starts FY25 on a strong note, records double-digit growth in first four months’ revenue
July 12, 2024 04:12 AM AEST| By Team Kalkine MediaHighlights,BYIT’s FY24 saw a 12.3% revenue increase to GBP 207 million, with a 16.1% rise in profit after tax,The company’s FY24 net margin was 22.6%, with a low debt-equity ratio of 0.02x, outperforming industry averages.,The company’s FY25 began wi...
BP Plc (LSE: BP) Forecasts Increased Upstream Production and USD 16bn Capex for FY24
July 10, 2024 03:42 AM AEST| By Team Kalkine MediaHighlights,In FY23, BP achieved USD 15,239 million profit, a significant turnaround from a loss of USD 2,487 million in FY22,In Q4FY23, BP reported a net margin of 4.9% and ROE of 3.2%, outperforming industry average,The company expects slight growth...
Topps Tiles (LSE: TPT) Set to Complete Acquisition of Pro Tiler
July 04, 2024 04:48 AM AEST| By Team KalkineHighlights,In H1FY24, Topps Tiles saw improvement in customer satisfaction to 92.5%, and gross profit margin to 53.9%,The company is finalizing the acquisition of Pro Tiler at approximately 5 times EBITDA,Management declared an interim dividend of GB...
Indivior PLC (LSE: INDV) eyes 18% revenue growth, 300bps expansion in operating margin in FY24
June 27, 2024 03:57 AM AEST| By Team Kalkine MediaHighlights,In Q1FY24, INDV achieved approximately 12% year-over-year growth in total net revenue,INDV posted a net income of USD 47 million in the quarter, up from USD 44 million in pcp,In FY24, INDV anticipates achieving an 18% increase in top-line...
Iofina PLC (LSE: IOF) Targets USD 8.5-9.0Mn EBITDA in FY24
June 25, 2024 03:54 AM AEST| By Team Kalkine MediaHighlights,IOF realized an 18.5% revenue increment in FY23, continuing its streak of six sequential years of revenue growth.,IOF had a net cash position of USD 6.50 million by the end of FY23, compared to USD 5.90 million in FY22.,For FY24, IOF expec...
Bitcoin's Future: Bernstein Analysts Predict $200,000 BTC by 2025
June 21, 2024 03:15 PM AEST| By Team Kalkine MediaAnalysts at research and brokerage firm Bernstein have recently revised their price target for Bitcoin (,BTC,), predicting that it could reach nearly $200,000 by the end of next year. This optimistic forecast follows significant inflows into spot U.S...
MicroStrategy, Led by Michael Saylor, Acquires 11,900 Bitcoin for $786 Million
June 21, 2024 02:53 PM AEST| By Team Kalkine MediaNasdaq-listed software firm MicroStrategy (,NASDAQ:MSTR,), known as the largest corporate holder of bitcoin (BTC), has made another significant move in the cryptocurrency market. The company has acquired an additional 11,931 BTC for $786 million, as...
ZRO Token Plummets 17% Due to LayerZero's 'Not an Airdrop' Controversy
June 21, 2024 02:50 PM AEST| By Team Kalkine MediaCross-chain interoperability protocol LayerZero recently launched its token, LayerZero (,ZRO,), which experienced a significant price drop of 17% a day after its release. This decline followed a controversial donation criterion for claiming the token...
Top 10 Investment Movies & Documentaries
June 18, 2024 03:08 PM AEST| By Team Kalkine MediaInterested in exploring the dramatic narratives and real-life scandals that have shaped the financial world? These films offer compelling insights into the highs and lows of Wall Street, from the reckless ambition of stockbrokers to the catastrophic...
BHP Group's (LSE: BHP) H1FY24 Revenue Surges 6% to USD 27.2 Billion
June 12, 2024 03:20 AM AEST| By Team KalkineHighlights,In H1FY24, BHP’s revenue stood at USD 27,232 million, up around 6% compared to pcp,The company’s underlying EBITDA rose by around 5% in the period,BHP had a higher EBITDA margin of 61.5% and a higher quick ratio of 1.22x in H1FY24 compared...