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US markets scale fresh highs on upbeat earnings, housing data
October 27, 2021 08:32 AM AEDT| By Sanjeeb BaruahS&P 500 and Dow Jones closed at record highs for the second consecutive day on Tuesday, October 26, while Nasdaq rallied as quarterly results kept the markets in high spirits. The S&P was up 0.18% to 4,574.79. The Dow Jones Industrial Averag...
FTSE 100 hits 20-month high as Dow, S&P 500 scale new record highs
October 27, 2021 02:40 AM AEDT| By AbhijeetUS Markets: Continuing the earnings momentum with the major corporations reporting back-to-back quarterly results, Wall Street indices scaled new record highs with the Dow Industrials nearing the level of 35,900, S&P 500 being a point away from 4...
Elon Musk’s crypto holdings & how they’ve performed in 2021
October 27, 2021 01:24 AM AEDT| By Ankit SethiHighlights Elon Musk played a role in the recent rise and then fall in the price of the Shiba Inu crypto. In a tweet to a Twitter user, Mr. Musk revealed his crypto holdings. Whether he gains in the medium-to-long term on his crypto hold.....
Can these 5 altcoins hedge against inflation?
October 26, 2021 11:28 PM AEDT| By Ankit SethiPrice rise is pinching every household. From food and clothing to now energy prices, inflation is a matter of concern. Source: Pixabay.com With holiday shopping and inflation around the corner, the question arises as to whether crypto investment .....
Whitbread (WTB) & Polymetal (POLY): What the budget holds for them?
October 26, 2021 11:22 PM AEDT| By Suhita PoddarHighlights Whitbread’s said its recovery was ahead of expectations and outperformed the market due to a surge in demand Polymetals’ Q3 gold equivalent production dropped by 8 per cent on a year-on-year basis to 437 thousand ou.....
What's the new proposed open-ended investment fund?
October 26, 2021 10:18 PM AEDT| By Priya BhandariThe UK’s Financial Conduct Authority (FCA) is all set to create a new type of open-ended authorised investment fund, which will support investment in assets such as private equity and infrastructure. The proposal will mean investors and thos.....
EverGrow crypto set to explode in 2022? Know price prediction
October 26, 2021 09:44 PM AEDT| By Raza NaqviHighlights According to some crypto analysts, EverGrow cryptocurrency could outpace altcoins like Shiba Inu and DogeCoin. EverGrow Coin allows holders to earn a reward of eight per cent from every transaction in BUSD. EverGrow crypto crossed t.....
Which Are 5 Altcoins Under $1 Rallying in 2021?
October 26, 2021 09:17 PM AEDT| By Daniel Paul JohnsWhile Bitcoin is the Belle of The Ball when it comes to cryptocurrency, there are a whole world of other cryptos which can make gains equal to or bigger than Bitcoin. Moreover, some of these altcoins can be bought for under a dollar. In fact, some .....
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How are 5 NZX energy stocks performing amid RBNZ’s latest report?
October 26, 2021 08:54 PM AEDT| By SonalOn 26 October, the RBNZ released a report that summarised its actions to diminish and manage the risks related to climate change. Managing its own operational emissions, working directly with RBNZ-regulated entities on climate-related risk managem.....
Hertz order boosts Tesla valuation: 2 FTSE EV focused stocks to buy
October 26, 2021 07:26 PM AEDT| By Suhita PoddarHighlights EV giant Tesla’s valuation crossed the US$ 1 trillion mark on Monday after Hertz placed a 100,000-unit order Hertz has not yet disclosed the deal size, but the order is expected to be worth around US$ 4 billion. Electric v.....
After the launch of EIP-1559, Ethereum burn hits US$2 billion
October 26, 2021 05:04 PM AEDT| By Aditi SahaHighlights Since the introduction of EIP-1559 on 5th August, around US$2 billion of Ether has been burned The EIP intends to prevent inflation, boost Ether's economic worth and stabilise the transaction fee market. Since the introduc.....
What are GMR Finance cryptocurrency tokens?
October 26, 2021 05:01 PM AEDT| By Jasmine AnandHighlights GMR crypto was developed as a gaming crypto, with an idea to bring the global gaming community together with its in-house token. Its token holders are rewarded with royalty for staking the token for longer periods. Owing to bearish .....
To the moon and back: NASA shares an update on the launch of Artemis I
October 26, 2021 04:45 PM AEDT| By Sonal GoyalHighlights NASA’s plan to launch the test flight of Artemis I has been shifted to February 2022. Artemis I aims at sending humans to the moon to establish a sustainable and long-term presence of humans in their nearest neighbour. I.....
China plans new property tax; here’s how it may hit Australia
October 26, 2021 01:51 PM AEDT| By AshishHighlights China has announced plans to roll out a pilot real estate tax amid the ongoing rise in real estate speculation across the country. The National People's Congress Standing Committee has provided the nod to the latest plan to promote ".....
Why did Bakkt (BKKT), Coinbase (COIN) stocks jump on Monday?
October 26, 2021 09:51 AM AEDT| By Ipsita SarkarHighlights Bakkt Holdings, Inc. (NYSE: BKKT) stock rallied after the news of its partnership with Mastercard Incorporated and strategic alliance with Fiserv Inc. Coinbase Global Inc (NASDAQ: COIN) stock gained 16% YTD since its NASDAQ listing i.....
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S&P, Dow Jones climb to fresh highs ahead of big tech earnings
October 26, 2021 08:43 AM AEDT| By Sanjeeb BaruahThe S&P 500 Index and Dow Jones closed at record highs on Monday, October 25, ahead of quarterly earnings of big technology companies like Apple, Amazon, and Alphabet this week. The S&P was up 0.47% to 4,566.48. The Dow Jones rose 0.18% to 3...
FTSE 100 mounts new 52-week high as Wall Street opens in green
October 26, 2021 02:22 AM AEDT| By AbhijeetUS Markets: Commencing the last week of this month, all the three stock indices of Wall Street started on a positive footing with the tech barometer Nasdaq Composite leading the charge, followed by the marginal changes in Dow Industrials and broader...
Does Bitcoin even have a resistance level? Let’s find out
October 26, 2021 12:59 AM AEDT| By Ankit SethiHighlights Bitcoin’s resistance level is a technical indicator which may or may not be holding any clues. Moving averages rely on past price data, which in the case of Bitcoin can be very wide-ranging due to the underlying ultra-volatilit.....
Atrato Onsite Energy IPO: Things you should know before listing
October 26, 2021 12:39 AM AEDT| By Sreenivas D AjankarHighlights Atrato Onsite Energy is planning to list on the London Stock Exchange through an initial public offer (IPO). The investment trust aims to raise close to £150 million through its IPO. As per the company, investors can expect an.....
After Shiba Inu’s rally, 5 meme cryptos to watch in 2022
October 25, 2021 10:19 PM AEDT| By Ankit SethiMemes are no longer just for sarcasm or a funny take on something. They have spawned crypto tokens, and a few have multi-billion-dollar market capitalizations. Source: Pixabay.com Yes, we are talking about Dogecoin (DOGE), and its biggest r.....
