AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
News
.jpg)
Can Dogecoin Be A Bitcoin Alternative For Elon Musk’s Tesla?
May 14, 2021 07:38 PM AEST| By AnujTelsa Inc (US:TSLA, NASDAQ:TSLA) founder Elon Musk tweeted on Wednesday, May 12, that the electric vehicle (EV) company is suspending all purchases using Bitcoin. He also hinted that the company is exploring other environment-friendly cryptocurrenci...
Is the Crypto Grass Greener? The Search for ‘Greener’ Cryptos
May 14, 2021 06:06 PM AEST| By Team Kalkine MediaSummary Elon Musk announced on Thursday that Tesla would no longer accept Bitcoin to purchase its vehicles. The decision has led to a heated debate over the amount of electricity required to mine bitcoins. Tesla’s move has resulted in at.....
APAC markets open mostly in green on Wall Street cues
May 14, 2021 03:36 PM AEST| By Furquan MoharkanThe Asia Pacific (APAC) markets opened mostly in green on Friday, following the Wall Street rally overnight. The Japanese shares were the biggest gainers in the region, with Nikkei225 up 2.3%, having wiped most of the losses it made in the Thursda.....
Will Chevron Corp. (NYSE: CVX) Prices Cross the Hurdle on Charts?
May 14, 2021 03:25 PM AEST| By Team Kalkine MediaSummary Chevron Corp. (NYSE: CVX) has outperformed the index and generated ~16.01 percent returns in the last 3 months. On the daily chart, CVX’s prices are moving in a horizontal channel pattern and taking support from the 100-period Sim.....
US tax sleuths, justice dept set to probe Binance: Reports
May 14, 2021 02:43 PM AEST| By Furquan MoharkanOne of world's largest cryptocurrency exchanges, Binance is facing investigation from the US Internal Revenue Service and the Justice Department, reports said. The probing officials have asked for detailed information from individuals with insight.....
Coinbase rides the crypto boom to hit over US$1 billion in revenue
May 14, 2021 01:47 PM AEST| By Furquan MoharkanCoinbase Global Inc (NASDAQ:COIN), a US-based holding company for an cryptocurrency exchange platform by the same name, has reported 9.45 times jump in its revenue as it surged past the $US1 billion-mark in quarterly revenue. The company reported .....
Why has IEA slashed 2021 oil demand forecast?
May 14, 2021 10:09 AM AEST| By Team Kalkine MediaThe oil industry has been on a roller coaster ride since last year. Experiencing gloomy days, the prices of WTI crude oil dipped to negative levels in April 2020 due to supply glut and nearly no buyers. However, a robust vaccination program couple.....
Did Inflation Fears Push FTSE 100 Lower; Crude Oil Down 3%
May 14, 2021 04:31 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 46.42 points or 1.14 per cent higher at 4,109.30, Dow Jones Industrial Average Index surged by 429.63 points or 1.28 per cent higher at 34,0...
Doge Vs Shiba: A Meme War Is Underway In Crypto Space
May 14, 2021 03:39 AM AEST| By AnujWhile Dogecoin investors, aka Dogearmy, stand divided on Elon Musk describing the token as a “hustle” during his performance in the Saturday Night Live show, a new meme-coin is creating a buzz in the crypto world. Shiba Inu has been tren...
.jpg)
FTSE 100 slips, then flips as Wall Street shines after 3-day carnage
May 14, 2021 01:05 AM AEST| By AbhijeetSummary UK shares experienced a topsy-turvy ride on Thursday Upbeat Wall Street phenomenally supported the London equities The Wall Street trio -- Dow, Nasdaq and S&P 500 -- jumped over 1 per cent, each In the late trades, FTSE 100 was ho.....
Alphawave Makes A Dismal Debut, Shares Fell Over 21%
May 14, 2021 12:33 AM AEST| By AbhijeetSummary Chipmaker Alphawave stock tumbled on its LSE debut. It licences high-speed data transmission technology to various chipmaker firms The Totonto-based semiconductor IP company was valued at £3.1 billion Shares of the Canadian .....
Burberry shares collapse 10% as Q4 FY21 sales remain short of Q4 FY19
May 13, 2021 11:41 PM AEST| By AbhijeetSummary Burberry Group shares crashed a little more than 10 per cent on Thursday Q4 FY21 sales stood lower as against the sales recognised in Q4 FY19 However, the comparable store sales through March 2021 rose 32 per cent Shares shed as much .....
Is Musk’s Reverse Gear on Bitcoin Dragging Tesla Stocks Down?
May 13, 2021 08:12 PM AEST| By Suhita PoddarSummary Tesla CEO, Musk has said that bitcoin payments could contribute to greater consumption of fossil fuels. Tesla now intends to resume Bitcoin for transactions once as its mining gets transitioned to more sustainable energy options. The e.....
How could the red-hot iron ore rally benefit investors?
May 13, 2021 05:00 PM AEST| By Team Kalkine MediaSummary Iron ore prices have registered a record rally in recent weeks, with prices surging to record high levels. A robust economic recovery in the US and China, coupled with generous stimulus packages, have fueled the rally. The price surge .....
Bears grip APAC markets on inflation woes
May 13, 2021 03:07 PM AEST| By Furquan MoharkanThe bears seem to have gripped the Asia Pacific (APAC) markets for the second day on the trot, driven by the fears of rate hikes by the central banks. All the indices in the region, save the Taiwanese markets, were trading in red. The Taiwan Weigh.....
Wright or Wrong? The Curious Case of The Self-Proclaimed Bitcoin Creator
May 13, 2021 02:40 PM AEST| By Team Kalkine MediaSummary Australian computer programmer and entrepreneur Dr Craig Wright has once again had a court case postponed to November. In one of several lawsuits Wright is currently involved in, he is being sued by the brother of his former business pa.....
Bitcoin crashes as Tesla does a U-turn on the largest crypto
May 13, 2021 01:00 PM AEST| By Furquan MoharkanThe Palo Alto-headquartered electric vehicle maker Tesla Inc (NASDAQ: TSLA) will stop using Bitcoin as payment mode for car purchases, CEO Elon Musk has said in a tweet. The price of Bitcoin, has since crashed by 15.8% and is trading below the US$5.....
COVID-19 continues to hammer India; global cases decline
May 13, 2021 11:31 AM AEST| By Furquan MoharkanThe spread of the COVID-19 pandemic in India continues to test the limits of the country’s healthcare system, even as the global situation has visibly improved. In last seven days, the fresh cases reported by India – the new epicentre .....
Amazon Dodges US$300 Million EU Tax Order
May 13, 2021 09:23 AM AEST| By Team Kalkine MediaSummary European judges noted that the European Commission failed to show proof of preferential treatment to Amazon by Luxembourg. European Commissioner for Competition Margrethe Vestager had filed the tax evasion case against Amazon. In 2020,.....
US Consumer Prices Rise By 4.2%, The Fastest Pace Since 2008
May 13, 2021 07:55 AM AEST| By Team Kalkine MediaThe US Consumer Price Index (CPI), a key gauge for changes in commodity and services prices, rose 4.2% in April, compared to the same period a year ago, as demand for various goods surged amid a significant improvement in the economy following the .....
AI on the Rise: A Look at Top AI Companies and Their Stocks