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Why Berkshire’s Charlie Munger ‘hates’ Bitcoin’s meteoric rise
May 03, 2021 04:16 PM AEST| By Team Kalkine MediaSummary Expressing his dislike for Bitcoin, Berkshire Hathaway’s Vice Chairman Charlie Munger on Saturday said: “Of course I hate the bitcoin success.” The 97-year-old Munger was speaking at a Q&A session at the Berkshire&.....
Hot EV Stocks: How have they fared in the past year?
May 03, 2021 03:04 PM AEST| By Team Kalkine MediaSummary Electric Vehicle (EV) is the booming sector and offers a huge opportunity for the investors. The shift towards sustainable development is pushing the EV sector. The companies across the globe EV and allied sectors have grown tremendous.....
A New Copyright Lawsuit May Unveil Bitcoin’s True Founder
May 03, 2021 02:19 PM AEST| By Team Kalkine MediaSummary Australian Craig Wright is filing a copyright claim against the website Bitcoin.org, claiming he is the true founder of the cryptocurrency Bitcoin. Wright’s claims are disputed by many, with Bitcoin.org declaring that his allegati.....
Warren Buffett roots for retained earnings, rues Apple share sale
May 03, 2021 12:58 PM AEST| By Furquan MoharkanAce investor and billionaire Warren Buffett has batted for the importance of retained earnings at a time when more and more investors are pitching for increased capital allocation towards the shareholders. The investment maestro highlighted the ab.....
Good News For Crypto Lovers: Coinbase Allows Crypto Purchase Via PayPal
May 03, 2021 11:38 AM AEST| By Team Kalkine MediaSummary Coinbase allows its customers to buy cryptocurrencies using bank accounts linked to PayPal. Coinbase’s users can purchase up to US$25,000 a day with PayPal account. The facility is currently available for US customers only. .....
Crucial events that can sway global markets this week
May 03, 2021 11:06 AM AEST| By Furquan MoharkanThe rally in the global equity markets has flattened in last few months. Mixed macro numbers numbers and India’s burgeoning COVID-19 numbers are holding the rally. Last week as well, the global equity markets were flat, primarily because of t.....
Is China a major threat to US national security?
May 02, 2021 07:44 PM AEST| By Team Kalkine MediaSummary China is seen as a strategic competitor by the US. US-China relations revolve around competition for global power and technology usage. Strained relations between the 2 countries could lead to cold war. Russia, Iran, extremist gro.....
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Global COVID-19 cases cross 152 million, India amongst top contributor
May 02, 2021 03:39 PM AEST| By SonalSince the COVID-19 virus wreaked havoc on people's lives all over the world, nations have been struggling to fight infections that keep resurfacing due to mutations. Over 150 million COVID-19 cases have been recorded to date with the death toll cro.....
Global dealmaking is booming; and Wall Street is cashing on it
May 02, 2021 12:23 AM AEST| By Furquan MoharkanThe global banks are seeing a massive surge in the revenues generated from their investment banking division as the global dealmaking is booming. European and Asian Banks, like Deutsche Bank and Nomura Holdings, have reported a surge in excess of .....
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FTSE 100 traded higher after a record surge in UK house prices during April 2021
May 01, 2021 04:59 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 25.26 points or 0.60 per cent lower at 4,186.21, Dow Jones Industrial Average Index dipped by 227.18 points or 0.67 per cent lower at 33,833.1...
£5-bn Project Gigabit to Ensure Connectivity for Hard-To-Reach Homes and Businesses
May 01, 2021 02:25 AM AEST| By AbhijeetSummary The UK government has set out a multi-billion infrastructure project to bolster the connectivity in the hard-to-reach areas Following the successful completion of the infrastructure project, the families and enterprises that were facing.....
DCMS Inducts New Cyber Security Laws to Safeguard Smart Devices
May 01, 2021 12:19 AM AEST| By AbhijeetSummary The Department of Digital, Culture, Media & Sports) has introduced new cybersecurity laws Nearly 49 per cent of UK residents have bought at least one smart device since the beginning of the coronavirus pandemic The make.....
Big Tech gets bigger in March quarter
May 01, 2021 12:10 AM AEST| By Furquan MoharkanIn the week gone by, five biggest tech companies – Apple Inc (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG), Amazon Inc (NASDAQ:AMZN) and Facebook Inc (NASDAQ:FB) – announced their quarterly results for t.....
Didi, ByteDance among top Chinese firms set for US IPO in 2021
May 01, 2021 12:05 AM AEST| By Team Kalkine MediaSummary As many as 60 Chinese companies are lined up to launch IPO in the US. China's biggest unicorns ByteDance and Didi Chuxing may hit the US capital market this year. 32 China-based firms raised US$15 billion through IPOs in the US in 2020.....
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Can Ethereum Surpass Bitcoin In Terms Of Market Cap?
April 30, 2021 11:55 PM AEST| By AnujEthereum made headlines this week in April as the European Investment Bank (EIB) launched its "digital bond" sale worth US$128 million using the blockchain network’s platform. Meanwhile, Ethereum-based FinTech firm Notional raised US$ 10 millio...
Ether Hits All-Time High Taking the Spotlight Away from Bitcoin
April 30, 2021 08:26 PM AEST| By Team Kalkine MediaSummary Ether rose to AU$3,500 on Thursday, achieving an all-time high for the cryptocurrency. The crypto’s rise has weakened Bitcoin’s market dominance as its market share dropped below 50% for the first time since 2018. Ether.....
Will Standard Chartered PLC Continue to Advance Post a Bullish Breakout?
April 30, 2021 07:52 PM AEST| By Team Kalkine MediaSummary Standard Chartered PLC (LON: STAN) gained 5.63 percent in the last trading session and soared ~13.40 percent in the last 7 trading sessions. STAN’s price has broken a crucial resistance level and hit a new 52-week high. The stock.....
Rolls-Royce Holdings PLC Makes a Bullish Engulfing Pattern, How are the bulls placed?
April 30, 2021 07:47 PM AEST| By Team Kalkine MediaSummary Rolls-Royce Holdings PLC (LON: RR.) is up by 197.60 percent from October 2020 low of GBX 34.59. Prices have taken crucial support from the Fibonacci retracement supply level of 161.8%. ’s prices broke a downward trendline on the.....
Game on for Crypto: Inverse ETFs Will Create a Bull Vs Bear Race
April 30, 2021 07:06 PM AEST| By Team Kalkine MediaSummary Horizon ETF Management has launched the first inverse Bitcoin ETF, allowing investors to short crypto much in the same way investors can short a stock. Crypto ETFs provide an opportunity for mainstream investors to invest in cryptocurre.....
How have the stocks of Big 5 tech firms responded to their quarterly results?
April 30, 2021 12:37 PM AEST| By Furquan MoharkanMarked by the results of the biggest five tech giants in the US, this week was probably the most crucial one of the ongoing earnings season. Alphabet, Microsoft, Amazon, Facebook, and Apple – all announced their March quarter numbers this wee.....
