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News
Worried about COVID-19? Here’s what you can do to stave off the virus
July 22, 2021 11:33 AM AEST| By Furquan MoharkanIn May, when India hit the second wave peak, the world hoped that the virus might have been gone for good. But the tenacious virus seems to have another plan. The virus can beat any mobile phone maker fair and square, when it comes to upgrades. The v...
US stocks surge on robust earnings reports
July 22, 2021 07:47 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 21, continuing their gains from the previous session as positive quarterly earnings reports lifted the investors' sentiments. The S&P 500 was up 0.82% to 4,358.69. The Dow Jones gained 0.83%...
FTSE 100 Traded Near 7,000 Level, Boosted by Travel & Retail Shares
July 22, 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 28.49 points or 0.66 per cent higher at 4,351.70, Dow Jones Industrial Average Index surged by 272.50 points or 0.79 per cent higher at 34,7...
5 trending stocks on FTSE: Nvidia, Rolls Royce, Scottish Mortgage, Lloyds Banking, and IAG
July 21, 2021 11:17 PM AEST| By Suhita PoddarSummary Bank of England forecasts inflation to be above its earlier expectations as a result of the temporary pent-up demand. Recently, Palo Alto Networks collaborated with NVIDIA to use its BlueField data processing unit for the development of.....
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What's the buzz around National Insurance in the UK?
July 21, 2021 10:41 PM AEST| By Suhita PoddarSummary The UK government may hike the national insurance contribution in order to tackle a shortfall in social care funding. The UK government is planning to increase the national insurance contribution by 1%. The hike in National insur.....
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FTSE100 trades in the positive zone, near to regain crucial 7000 mark
July 21, 2021 10:36 PM AEST| By Kamalika GhoshSummary FTSE100 was trading in a positive zone up by 112 points, led by a gain in retail and travel stock. Gold futures contract trades in negative, as investors keep an eye on important ECB meet starting today. FTSE 100 continues to.....
Lloyds Report: Why hospitality surged in June despite a slowdown in UK recovery
July 21, 2021 09:42 PM AEST| By Suhita PoddarSummary The hospitality sector touched a 9 year high in its June output despite a majority of other sectors recording a slowdown, according to a survey by UK banking group Lloyds. The hospitality sector’s output surged on the back o.....
Is buying Tether at this point advisable?
July 21, 2021 09:20 PM AEST| By Kamalika GhoshSummary Tether is a stablecoin, whose value is pegged to the US dollar. It can be used for buying other cryptocurrencies, transferring money, and earning interest. Tether has recently seen a surge amid the Black Thursday sell-off in Marc.....
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10 most shorted stocks on FTSE
July 21, 2021 07:14 PM AEST| By Suhita PoddarSummary Short selling is a high risk/ reward trading strategy that is gaining popularity with new investors. Short seller aims to profit from a drop in share price by selling the shares in open market. Short selling as a trading .....
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Babylon IPO: How SPACs are increasingly becoming the favoured tool for new launches
July 21, 2021 05:43 PM AEST| By Kamalika GhoshSummary Babylon Health to launch in the markets through a SPAC IPO. Alkuri Global Acquisition is the SPAC acquiring Babylon Health. The deal would give $4.2 billion pro forma equity value to Babylon. Babylon Health, a UK health tech.....
Was the market correct on Bitcoin price prediction?
July 21, 2021 04:37 PM AEST| By Daniel Paul JohnsSummary Renowned investor, Michael Burry, said in June 2021 that Bitcoin and cryptocurrencies, in general, were heading for “the mother of all crashes”. The price of Bitcoin currently sits at US$30,637.11, dropping below the trading.....
How Bitcoin went from offering 122% YTD return to being an underperformer
July 21, 2021 02:03 PM AEST| By Furquan MoharkanBitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation In April 2021, when the world’s largest cryptocurrency – Bitcoin – touched the US$64,000 mark, it enthralled its investors with a whopping year-...
APAC markets bounce back in green on Wall Street rebound
July 21, 2021 12:03 PM AEST| By Furquan MoharkanSummary APAC markets have made a strong comeback. Australia, Japan are among the region’s star performers. Chinese shares remain flat. The equity markets in the Asia Pacific region rebounded on Wednesday after a day of huge losses y.....
COVID-19 fears continue to loom large on Tokyo Olympics
July 21, 2021 11:09 AM AEST| By Furquan MoharkanThe fears about a resurgence of the COVID-19 pandemic are still weighing heavy on Olympics 2020, as officials didn’t rule out the eleventh-hour cancellation. More and more athletes have started testing positive for the virus, and sponsors have...
5 popular blockchain companies in the world
July 21, 2021 10:33 AM AEST| By SonalIs blockchain always on your mind? Do you want to know about some of the best blockchain companies in the world? The need for innovative and futuristic blockchain products has surged internationally as the world's curiosity in blockchain has grown.....
US market rebounds, closes higher
July 21, 2021 07:58 AM AEST| By Team Kalkine MediaBenchmark US indices snapped Monday’s losses to close higher on Tuesday, July 20. Wall Street had witnessed a broad selloff yesterday amid concerns about the increasing coronavirus cases. However, investors today rushed to buy more shares from...
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Basic Materials & Healthcare Shares Propelled FTSE 100 Higher; Dow Jones up 600 Points
July 21, 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 67.67 points or 1.59 per cent higher at 4,326.30, Dow Jones Industrial Average Index surged by 607.86 points or 1.79 per cent higher at 34,5...
‘Best day ever’, says Jeff Bezos on Blue Origin spaceflight launch
July 21, 2021 02:40 AM AEST| By Sanjeeb BaruahA glorious new chapter was added to the international commercial space tourism program on Tuesday. In 10 minutes and 10 seconds, Amazon founder Jeff Bezos along with a three-member crew, successfully reached space and landed back on Earth. In thes.....
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What was UK’s Pingdemic chaos all about?
July 21, 2021 01:53 AM AEST| By Kamalika GhoshSummary PM Boris Johnson's Freedom Day was marred as NHS app advised many people to self-isolate due to surge in cases. Due to NHS app recommendations, many businesses are facing staff shortage. Many businesses in the UK on Monday faced co.....
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FTSE 100 trades range-bound on concern over the surge in coronavirus cases
July 21, 2021 12:36 AM AEST| By Kamalika GhoshSummary FTSE 100 trades on the positive side as investors concern with the recent rise in coronavirus cases and fear of economic slowdown. European market trade in the positive zone as investor’s eyes the all-important policy meet o.....
AI on the Rise: A Look at Top AI Companies and Their Stocks