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Intel extends its partnership with Samsung to strengthen the cross-device experience
April 30, 2021 11:59 AM AEST| By Team Kalkine MediaDigitization is becoming noticeable in the present times where you look. The COVID-19 pandemic accelerated the digital transformation. It brought challenges for people, but at the same time, it presented opportunities for many businesses to pursue .....
Amazon’s Net Profit More Than Triples In Q1 As Revenue Hits US$100B
April 30, 2021 11:00 AM AEST| By Team Kalkine MediaAmazon.com, Inc.’s (NASDAQ: AMZN) net income has more than tripled in the first quarter of 2021, backed by strong revenue growth in e-commerce and cloud business, the company said in its earnings report on Thursday, April 29. The technology .....
VISA INC. Price Hits a New Lifetime High
April 30, 2021 07:00 AM AEST| By Team Kalkine MediaSummary VISA INC. gained 1.54 percent in the last trading session and has delivered ~14.81 percent returns in the last one month. Post breaking out of a crucial resistance level the stock hit a new lifetime high. Stock prices are trading in a.....
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FTSE 100 ended on a flat note; Tullow Oil stock zoomed by 13.11%
April 30, 2021 04:08 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 18.84 points or 0.45 per cent higher at 4,202.13, Dow Jones Industrial Average Index surged by 153.01 points or 0.45 per cent higher at 33,9...
Dogecoin Surging! Should You Buy It Ahead Of Elon Musk's SNL Debut?
April 29, 2021 08:45 PM AEST| By AnujCryptocurrency Dogecoin skyrocketed by over 32 per cent on Wednesday, April 29, following Tesla owner Elon Musk’s tweet describing himself as “The Dogefather”. The engineer-turned-entrepreneur is also set to represent the meme-cryp...
FTSE 100 leaps further as US Fed holds interest rates at 0.25%
April 29, 2021 08:17 PM AEST| By AbhijeetSummary FTSE 100 gathered momentum on Thursday after the US Fed maintained the rates. Midcap-heavy FTSE 250 traded marginally higher as corporate earnings unfolded. European shares traded mixed with CAC 40 of the Euronext Paris leading UK.....
TUI AG (LON: TUI) Resurging from Lower Levels, Will This Momentum Continue?
April 29, 2021 06:55 PM AEST| By Team Kalkine MediaSummary TUI’s (LON: TUI) price witnessed an impressive rally in the last one month and added ~28.24% to March 29, 2021 low. On a weekly chart, TUI’s prices are sustaining above a downward sloping trend line breakout level for the p.....
Dogecoin Skyrockets 20% in Just One Day
April 29, 2021 05:02 PM AEST| By Team Kalkine MediaSummary Dogecoin has risen over 20% in the past 24 hours following a tweet from Tesla founder Elon Musk. The crypto surged from US$0.25 to US$0.30 in just fifteen minutes. The surge had brought dogecoin to highs not seen for two weeks when the.....
Nexon joins Tesla, Mastercard, PayPal, BNY Mellon in Bitcoin bet
April 29, 2021 04:44 PM AEST| By Team Kalkine MediaSummary Nexon purchased Bitcoin worth US$100 million, representing nearly 2% cash and cash equivalents reserves of the company. The Japanese online gaming firm purchased 1,717 bitcoins at an average price of approximately $58,226. The big comp.....
Indian, Thai and HK stocks lead the APAC rally
April 29, 2021 03:33 PM AEST| By Furquan MoharkanSummary US Federal Reserve’s dovish tone has triggered a rally in APAC markets. Indian and Thai stocks are best performers. BSE Sensex has reclaimed the historic 50,000-mark The shares in India, Thailand and Hong Kong were the top .....
Robust ad revenue powers Facebook to 48% topline growth
April 29, 2021 01:32 PM AEST| By Furquan MoharkanSocial media behemoth Facebook Inc (NASDAQ:FB) saw a robust topline growth in Q3, owing to massive surge in the advertising revenues. The world’s largest social media company saw its revenues surging by 48% to US$26.17 billion in the quarter.....
US Fed maintains status quo on interest rate, bond purchases
April 29, 2021 12:49 PM AEST| By Furquan MoharkanThe American central bank, the US Federal Reserve (Fed), on Wednesday, maintained the interest rates near zero as part of its easy monetary policy, despite anticipating economic acceleration and higher inflation. The 11 members in the board of gov.....
CDC Asks Vaccinated Americans to Do Away With Masks. Is It Too Early A Decision?
April 29, 2021 12:01 PM AEST| By ManikaSummary CDC announced Wednesday that Americans didn’t need to mask up if they were fully vaccinated. CDC qualified that if going in large gatherings, masks might be needed. Does this guidance signals America’s return to normalcy. .....
Apple net profits double in Q2
April 29, 2021 11:11 AM AEST| By Furquan MoharkanWorld’s largest technology company by market capitalisation, Apple Inc (NASDAQ:AAPL), reported doubling of its net profits in first quarter of the financial year 2021. Apple reported net profit of US$23.63 billion in the quarter ended March .....
Energy & Financial Shares Lifted FTSE 100 Higher; Oil Prices up 1%
April 29, 2021 04:22 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 3.75 points or 0.09 per cent higher at 4,190.47, Dow Jones Industrial Average Index dipped by 112.22 points or 0.33 per cent lower at...
FTSE 100 swings in green as investors cheer Q1 results
April 29, 2021 02:33 AM AEST| By AbhijeetSummary UK shares continued to trade higher, extending the weekly surge. FTSE 100 soared 0.60 per cent to hit an intraday peak of 6,986.70. Of late, corporate results have handheld the London equities. Investors are awaiting the outcome of th.....
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Ethereum Soars To Record High. Here’s What Caused Its Rise
April 28, 2021 11:42 PM AEST| By AnujSummary Ethereum, the world’s second biggest crypto asset, set a record peak of US$ 2,718.6 per token during Asian markets’ trading hours on Wednesday, April 28. The surge came in the wake of reports on European Investment Bank&rsqu.....
HSBC Holdings PLC Prices Continue to Surge, A New High on Cards?
April 28, 2021 06:58 PM AEST| By Team Kalkine MediaSummary HSBC Holdings PLC gained 4.18% percent in the last trading session and holding the key support level. The stock has broken a rising wedge pattern on the daily chart and getting major support from the 50-period simple moving average (SMA.....
Deutsche Bank logs best quarterly show in 28 quarters
April 28, 2021 06:30 PM AEST| By Furquan MoharkanSummary Deutsche Bank reports net profit of EUR908 million – best in 7 years Investment banking propels 14% growth in the revenues Lesser expenses, provisions help the bank Following in the footsteps of its Wall Street peers, German.....
Bitcoin regains lost ground on reports of JPMorgan fund
April 28, 2021 01:15 PM AEST| By Team Kalkine MediaBitcoin (BTC), the most popular cryptocurrency, extended gain on Tuesday as investors took opportunity of the last week’s dip in prices to pile up their digital currency assets. The price of bitcoin climbed as high as US$55,514 in the past 2.....
