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US stocks close mixed as lawmakers mull tax hike
September 14, 2021 08:09 AM AEST| By Sanjeeb BaruahBenchmark US stock indices closed mixed on Monday, September 13, after lawmakers unveiled plans to raise the corporate tax by around 26% in a new spending bill worth US$3.5 trillion. The S&P 500 was up 0.23% to 4,468.73. The Dow Jones rose 0.76%...
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Energy and Utility Shares Lifted FTSE 100 Higher by 0.56%
September 14, 2021 04:12 AM AEST| By Team Kalkine MediaUS Market News: The major indices of Wall Street traded on a mixed note as investors waited for the critical inflation data to be released tomorrow. Among the gaining stocks, MGM Resorts International (MGM) shares grew by around 1.71% after Bernstein...
10 Crypto Terms to Know Before You Invest
September 13, 2021 10:06 PM AEST| By Daniel Paul JohnsHighlights Bitcoin, the first cryptocurrency invented in 2009, had the largest market capitalisation on 13 September 2021. People can trade cryptocurrencies for other cryptos or fiat currency on a cryptocurrency exchange, an online locati.....
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Ryanair (RYA), Rolls Royce (RR.), Wetherspoon (JDW): 3 FTSE stocks to buy today
September 13, 2021 09:07 PM AEST| By Sreenivas D AjankarHighlights The slowdown in the economic recovery due to the recent surge in Covid-19 cases and supply chain disruptions have been weighing down the stock markets. Ryanair Holdings Plc, Rolls Royce Holdings Plc and Wetherspoon Plc are .....
Why is ARK Investment investing in Crypto ETFs?
September 13, 2021 08:23 PM AEST| By Sonal SinhaHighlights ARK Investment has made changes in its prospectus for its ARK Next-Gen Internet ETF. The fund would invest in the Grayscale Bitcoin Trust or other pooled investment vehicles that invest in bitcoin domiciled & registered for deali.....
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IPO Alert: Energy Vault plans NYSE listing via SPAC
September 13, 2021 08:19 PM AEST| By Suhita PoddarHighlights Grid scale energy storage startup Energy Vault entered into a business agreement with a SPAC, Novus Capital Corporation II, in order to list on the NYSE. The transaction values the merged entity to about US$ 1.1 billion and als.....
Did Saudis in US help hijackers? FBI reveals first declassified 9/11 document
September 13, 2021 05:37 PM AEST| By Furquan MoharkanHighlights The FBI has commenced declassifying the files on 9/11 terror attack. The declassifying of the documents coincided with the 20th anniversary of the terror attacks The documents reveal the logistical support provided to two of the Sau.....
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When will Bitcoin crash again? Here is what experts claim
September 13, 2021 04:11 PM AEST| By Team Kalkine MediaSource: © Colicaranica | Megapixl.com The emergence of the world’s largest cryptocurrency – Bitcoin – has seen an army of critics walking with it who believe the digital asset is empty and void of any real-world va.....
How does a vaccine work? How effective is Pfizer vaccine?
September 13, 2021 03:14 PM AEST| By Furquan MoharkanWith lockdowns failing to subside the raging COVID-19 pandemic, vaccines seem to be our only antidote against the deadly virus. Effectiveness of the jabs can be contended, but then the world does not have many options on the table to experiment wit.....
Copper prices hit more than one-month high on strong demand
September 13, 2021 01:52 PM AEST| By Team Kalkine MediaHighlights Copper prices reached more than a month high level on Monday. The prices surged on the back of strong demand and tight supplies. Chinese imports of unwrought copper tumbled by 7% in August. Copper prices surged to more than one.....
Five crypto influencers who are ruling the social media
September 13, 2021 01:51 PM AEST| By AshishHighlights Cryptocurrencies such as bitcoin and ethereum have exploded in popularity of late. Their potential to give relatively higher returns compared to other traditional financial assets have earned them millions of investors. With the ris.....
Oil rises on supply concerns from the US
September 13, 2021 01:48 PM AEST| By Team Kalkine MediaCrude oil prices inched up on Monday during initial trading sessions after tumbling significantly in the last week amid China's plan to release state oil reserves. November delivery Brent Crude oil futures last traded at US$73.45 per barrel up 0.78.....
Why are investors in rapture over one vaccine jab for COVID-19 and Flu?
September 12, 2021 04:46 PM AEST| By Sonal SinhaCombining COVID-19 and flu protection in one vaccine is a novel concept that Moderna and Novavax have adopted. RELATED READ: Moderna Inc (MRNA) & Novavax Inc (NVAX): Two stocks in focus Tuesday Moderna’s New Development Candidate - mRNA.....
What’s latest with Jeff Bezos' space quest and beyond?
September 12, 2021 02:56 PM AEST| By Sonal SinhaAmazon founder Jeff Bezos has always been in the spotlight for some or other reasons, be it travelling to space or funding anti-aging technology. This article would look at some latest developments from Bezos that brought him to the spotlight. ALS.....
Digitalisation to push mobile payments to double-digit growth by 2028
September 12, 2021 01:55 PM AEST| By Sonal SinhaMany industries have taken the front-row lead during the COVID-19 pandemic. One of the industries that indeed received a kick during the pandemic was the mobile payment industry. With lockdown and restrictions, people chose the mobile payment syste.....
US stocks edge lower on inflation data
September 11, 2021 11:13 AM AEST| By Sanjeeb BaruahBenchmark US indices closed lower on Friday, September 10, after broad losses across stock segments and the latest economic data showed inflation rose marginally in August. The S&P 500 was down 0.77% to 4,458.58. The Dow Jones fell 0.78% to 34,6...
Weekly roundup of FTSE 100 risers and fallers (September 06-10)
September 11, 2021 09:22 AM AEST| By Sreenivas D AjankarFTSE 100 suffered a setback and ended with sharp losses on a weekly basis. Here we are giving the roundup of the top gainer and top loser of every day during the passing week. 6 September 2021 Top riser: ITV Plc (LON: ITV): The media company&rsq...
Famous five of business this week (September 06-10)
September 11, 2021 09:20 AM AEST| By Nidhi GuptaMonday – September 06 1. Ryanair Holdings Plc (LON: RYA) Ryanair ended talks with Boeing regarding a major order for Boeing 737 jets due to a pricing related disagreement. The budget airline company based in Irel...
UK’s GDP Increased Marginally by 0.10% in July; FTSE 100 Ended Flat
September 11, 2021 04:28 AM AEST| By Team Kalkine MediaUS Market News: The major indices of Wall Street traded in a red zone after the release of the US inflation data. Among the gaining stocks, Affirm Holdings (AFRM) shares surged by around 28.45% after the Company’s quarterly revenue came out to...
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Here’s how AI can help humanity win the climate change battle
September 11, 2021 12:41 AM AEST| By Toshiva JainHighlights All the findings suggest that whatever pledges have taken till now are not efficient nor effective. A recent report published by the World Economic Forum suggested how AI can become the ‘Swiss Army knife’ in the bat.....
