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 On the heels of Musk's mysterious tweet, fans are on the hunt for 'Bunny Cryptos'

On the heels of Musk's mysterious tweet, fans are on the hunt for 'Bunny Cryptos'

October 20, 2021 06:31 PM AEDT| By Aditi Saha

Whether you despise or admire Elon Musk, the SpaceX and Tesla founder has tremendous influence in the crypto markets. The bunny-themed coins and Shiba Inu token have risen in value due to Elon Musk's recent tweet. Shiba was up 21% an hour after the.....

 What’s Behind SOLVE Crypto’s Astronomical Rise in the Past 24 Hours?

What’s Behind SOLVE Crypto’s Astronomical Rise in the Past 24 Hours?

October 20, 2021 04:40 PM AEDT| By Daniel Paul Johns

Highlights  SOLVE – the digital token which powers the Solve.Care platform has risen over 170 percent in the past 24 hours, according to data from CoinMarketCap Care, is redefining the health care system through ways that could be ac.....

 What's in a name? Facebook may no longer be Facebook

What's in a name? Facebook may no longer be Facebook

October 20, 2021 04:16 PM AEDT| By Ipsita Sarkar

Facebook Inc (NYSE:FB) may soon be known by a different name. The rumors surfaced following a leading tech blog article suggesting that the social media giant may soon rebrand itself to focus on expanding metaverse. In response, Facebook said it doe...

 Did Mercury NZ (NZX:MCY) go through a lean patch in Q3 2021?

Did Mercury NZ (NZX:MCY) go through a lean patch in Q3 2021?

October 20, 2021 03:32 PM AEDT| By Sonal

Highlights Mercury NZ provided an operational update for Q3 2021 and also on the Tararua Wind Farm. Mercury’s hydro generation stayed below average in Q3 2021, and geothermal generation also declined in the quarter. The Group informed th.....

 First Bitcoin ETF Futures BITO climbs over 4% in NYSE debut

First Bitcoin ETF Futures BITO climbs over 4% in NYSE debut

October 20, 2021 10:46 AM AEDT| By Sanjeeb Baruah

Highlights ProShares Bitcoin Strategy ETF debuted on NYSE Tuesday with the ticker BITO. It is the first Bitcoin-focused ETF to start trading in the stock exchange. On the first day, around 21.4 million shares of the ETF were traded.  .....

 Wall Street closes higher as strong earnings lift risk appetite

Wall Street closes higher as strong earnings lift risk appetite

October 20, 2021 08:46 AM AEDT| By Sanjeeb Baruah

Benchmark US indices edged higher on Tuesday, October 19, as strong quarterly earnings of companies for the third consecutive session lifted investors’ risk appetite. The S&P 500 was up 0.74% to 4,519.63. The Dow Jones rose 0.56% to 35,457...

 Travelers (TRV), Ericsson (ERIC) beat earnings estimates in Q3

Travelers (TRV), Ericsson (ERIC) beat earnings estimates in Q3

October 20, 2021 06:26 AM AEDT| By Ipsita Sarkar

Highlights Ericsson (NASDAQ: ERIC) posted an EBIT of SEK56.3 billion (Swedish Krona) in Q3, FY21. Ericsson plans to cut its operations in China after huge sales decline. The Travelers Companies, Inc’s. (NYSE: TRV) total revenue surged 6%.....

 SEC finds no foul play in GameStop's meteoric rally: Key takeaways

SEC finds no foul play in GameStop's meteoric rally: Key takeaways

October 20, 2021 05:27 AM AEDT| By Sanjeeb Baruah

Highlights The intense volatility following wild price-swings of meme stocks had forced many brokerages, including Robinhood, to limit trading of the affected stocks on their platforms. In the report, the watchdog concluded that despite volatil.....

 Philip Morris (PM), Bank of New York Mellon (BK) profits up in Q3

Philip Morris (PM), Bank of New York Mellon (BK) profits up in Q3

October 20, 2021 03:06 AM AEDT| By Ipsita Sarkar

Highlights Philip Morris International Inc’s (NYSE: PM) net revenue surged 9.1% YoY in Q3, FY21. PM revises its full-year diluted EPS forecast to be between US$5.77 and US$5.82. The Bank of New York Mellon Corp’s (NYSE: BK) total r.....

 Johnson & Johnson (JNJ), Proctor & Gamble’s (PG) quarterly sales jump

Johnson & Johnson (JNJ), Proctor & Gamble’s (PG) quarterly sales jump

October 20, 2021 02:46 AM AEDT| By Ipsita Sarkar

Highlights Johnson & Johnson (NYSE: JNJ) posted sales of US$23.3 billion, a 10.7% increase YoY.  Procter & Gamble Company (NYSE: PG) reported net sales of US$20.3 billion, up 5% from the previous year. Both the stocks received a m.....

 How StrikeX crypto is changing market dynamics

How StrikeX crypto is changing market dynamics

October 20, 2021 01:27 AM AEDT| By Manu Shankar

StrikeX (STRX) crypto on Tuesday is setting the market on fire. The Binance Smart Chain driven crypto on a rally and amassed a massive price hike by 78,288.85%. Ever since StrikeX announced its upgrade to its predecessor StrikeCoin on 13 October, t.....

 How rollout of Bitcoin ETF in US could be a watershed moment

How rollout of Bitcoin ETF in US could be a watershed moment

October 20, 2021 01:02 AM AEDT| By Manu Shankar

Highlights The Bitcoin ETF will mimic the price of the BTC. However, the difference would be that investing in a futures-based ETF will not be same as investing in Bitcoin. Bitcoin ETF is all set to make its debut at the NYSE with ProShares whi.....

 Covid cases surge again: Will there be another lockdown?

Covid cases surge again: Will there be another lockdown?

October 19, 2021 10:30 PM AEDT| By Priya Bhandari

Highlights On Monday, new Covid cases reported in the UK were 49,156, highest reported since 17 July this year. The UK government is relying on the success of vaccination programme to avoid imposing fresh restrictions again this winter. &n.....

 Can Bitcoin end 2021 with a price tag of $100,000?

Can Bitcoin end 2021 with a price tag of $100,000?

October 19, 2021 09:57 PM AEDT| By Ankit Sethi

A few hiccups aside, 2021 has been a great year for Bitcoin and its backers. Where does Bitcoin go from here? Will the world’s largest crypto asset soon touch the US$100,000 mark? A few analysts believe that the resistance level of BTC is ap.....

 Ghosts, Monsters, Ghouls and Stocks: Is the Halloween Strategy a Ghost Story?

Ghosts, Monsters, Ghouls and Stocks: Is the Halloween Strategy a Ghost Story?

October 19, 2021 09:27 PM AEDT| By Daniel Paul Johns

Gather around the torchlight for this is a story century old which must be told in a deathly whisper and to those who absorb it, they have the choice to employ it and wait and see whether or not portfolio enjoys it. This is the Halloween strategy. .....

 What is bamboo app? How does it work?

What is bamboo app? How does it work?

October 19, 2021 09:26 PM AEDT| By Ankit Sethi

The cryptocurrency investment space is becoming more competitive. Players with their unique offerings are finding patronage. Non-fungible token (NFT) space is gaining traction, and Coinbase NFT has come to compete with OpenSea, which claims to be t.....

 What is the LunarCrush crypto?

What is the LunarCrush crypto?

October 19, 2021 09:22 PM AEDT| By Raza Naqvi

Cryptocurrencies are becoming increasingly popular, and even countries have started adopting virtual currency as a legal tender. As one of the most popular investment options today, joining the community of crypto investors without sufficient knowl.....

 'Psychic' Mr Goxx is more than a force to reckon with

'Psychic' Mr Goxx is more than a force to reckon with

October 19, 2021 09:13 PM AEDT| By Manu Shankar

Mr Goxx, a pet hamster, grabbed headlines worldwide when his interest in crypto trading took the world by storm and managed to impress likes of Elon Musk and others. His unique modus operandi, where he runs on a hamster wheel and selects what.....

 The Crypto Hype is Scaring me more than Halloween!

The Crypto Hype is Scaring me more than Halloween!

October 19, 2021 09:05 PM AEDT| By Kiara Khanna

The word Crypto is trending and has been trending for quite some time now. The craze that this digital currency has caused is immense and an immeasurable now. According to Coinmarket, the market has grown from around US$16 billion to US$2.9 trillion...

 How are 5 NZX energy stocks aiding clean projects in 2021?

How are 5 NZX energy stocks aiding clean projects in 2021?

October 19, 2021 05:54 PM AEDT| By Sonal

Highlights  The NZ government has committed $1.3 billion to support countries most exposed to climate change. Trustpower appointed Catherine Thompson as General Manager, Regulatory and Risk, on Tuesday. Z Energy declared that the last day.....

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