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COVID-19 onslaught at its peak: India marks its deadliest day of pandemic
April 28, 2021 01:00 PM AEST| By Furquan MoharkanThe concerns over have increased manifolds, as the world’s second most populous country – India – marked its deadliest day since the onset of the pandemic. There seemed to be no let-up in the unrelenting onslaught of COVID-19 as .....
Google shares surge on buyback worth US$50 billion
April 28, 2021 11:46 AM AEST| By Furquan MoharkanSummary Google’s shares have surged by 450 bps in the afterhours of trade. The rally has been triggered by a massive buyback. Alphabet Inc has announced blockbuster quarterly results The shares of technology giant Alphabet Inc (NASD.....
Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth
April 28, 2021 09:05 AM AEST| By Team Kalkine MediaSummary Microsoft’s total revenues rose 19% to US$41.7 billion, while its operating income jumped 31% to US$17 billion in the quarter ended March 31, 2021. Microsoft stocks (NASDAQ:MSFT) were trading flat at US$261.97 at 4:00 pm ET on Tue.....
How London equities fared ahead of the US Fed’s monetary policy meeting?
April 28, 2021 04:31 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 3.90 points or 0.09 per cent lower at 4,185.40, Dow Jones Industrial Average Index dipped by 32.80 points or 0.10 per cent lower at 33,948.77,...
Amazon Stocks (NASDAQ:AMZN) Shine On Stock Split Hopes
April 28, 2021 04:24 AM AEST| By Team Kalkine MediaSummary News of Amazon stock split draws fresh attention to the stocks, whose value jumped nearly 44% over the past year. Amazon is likely to announce its latest quarterly results later this week. Amazon’s net sales had risen by 38% in 2.....
Tesla’s (TSLA) Bet On Crypto & Carbon Credit: A Boon or Bane?
April 28, 2021 02:04 AM AEST| By AnujInvestment in sustainable and eco-friendly companies is at an all-time high on the back of North American governments’ pledge to meet their zero-emission targets by 2050. Although some analysts term this “over-investment” in renewab...
FTSE 100 Stays in Red Even As HSBC, BP, AstraZeneca, Diageo Move Up
April 28, 2021 12:52 AM AEST| By AbhijeetSummary FTSE 100 continued to trade in the negative territory in the afternoon deals The index failed to sustain marginal gains of the morning after some results HSBC up over 2 per cent substantially handheld the key index A group of large-ca.....
Bitcoin Roars Back Following Last Week’s Massive Sell-Off
April 27, 2021 05:39 PM AEST| By Team Kalkine MediaSummary Bitcoin rebounded significantly to AU$69,116 a coin on Monday morning after dropping to a low of AU$47,549 last week. Tesla is set to release its first set of results after adding US$1.5 billion worth of Bitcoin to its portfolio in Marc.....
Which countries are testing the most as COVID-19 explodes?
April 27, 2021 03:56 PM AEST| By Furquan MoharkanThe world is grappling with a deadly second wave of the COVID-19 pandemic. Many countries, like India, Turkey, and Brazil, as of date, are reporting infections and deaths at alarming rates. However, to report the cases accurately, the countries wi.....
APAC markets open flat; Bank of Japan, COVID-19 crisis in focus
April 27, 2021 11:56 AM AEST| By Furquan MoharkanThe shares in Asia Pacific (APAC) countries opened marginally lower on Tuesday morning as investors kept a close watch on Bank Of Japan’s (BoJ) interest rate decision. At the time of filing this copy, most of the Asian and Oceanian indices w.....
Cryptocurrency Surge Gives Way to an Increase in Number of Scams
April 27, 2021 10:30 AM AEST| By Team Kalkine MediaSummary ASIC has recorded a recent rise in crypto-related scams. Banks are not legally obligated to return customer’s money lost to crypto scams. Investors can take precautions to prevent falling victim to such fraudulent activities. .....
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Are you being conned? Here's how to identify cryptocurrency scams
April 27, 2021 06:00 AM AEST| By Team Kalkine MediaSummary Despite a host of new cryptocurrencies to add to the 4000+ that are currently out there, investors should be wary of which companies are legitimate. ‘Memecoins’ – including ‘Dogecoin’ – are coins base.....
Travel Shares Lifted FTSE 100 Higher; Shares of IMI Jumped by 11.10%
April 27, 2021 04:15 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 12.63 points or 0.30 per cent higher at 4,192.80, Dow Jones Industrial Average Index surged by 48.55 points or 0.14 per cent higher at 34,09...
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NFT Art Finance: A New Crypto In Focus
April 26, 2021 11:42 PM AEST| By AnujDevelopers of the Non-Fungible Token (NFT) Art Finance project are focused on creating a list of digital fine artworks, music and testimonial of ownerships as an NFT. This project also expects to provide an NFT auction launchpad by June this year, as...
Pearson shares jump 4% as it shows promising rise in Q1 online learning
April 26, 2021 10:58 PM AEST| By AbhijeetSummary Pearson shares rose nearly 4 per cent, making an intraday peak of GBX 831.60 Earlier in 2021, the stock hit a new 52-week high of GBX 909 on 27 January 2021 The company expects its performance to remain in-line with the 2021 outlook&nb.....
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4 Buzzing Stocks On LSE: GRL, LLOY, RR. & HL.
April 26, 2021 10:48 PM AEST| By Suhita PoddarSummary Goldstone Resources will temporarily be rescheduling plans to focus on profitability optimisation. Rolls-Royce Holding is in constructive talks with Spain over the sale of its’ Spanish unit ITP Aero. The UK markets .....
Elongate: How Elon Musk's ‘Joke’ Became A Cryptocurrency
April 26, 2021 07:36 PM AEST| By AnujIn March, Tesla owner Elon Musk jokingly requested in a tweet that if there ever is a scandal about him, it should be named ‘Elongate’. He was, of course, referring to the massive Watergate controversy that took place under US President R...
Bitcoin reclaims US$50,000-mark after plunging to lowest in two months
April 26, 2021 02:34 PM AEST| By Furquan MoharkanBitcoin, the world’s largest cryptocurrency, plunged to a two-month low on Monday, before rallying to reclaim the psychological mark of US$50,000. The digital asset plunged to as low as US$47,272.52 in early morning, however, it recouped its.....
Musk's SpaceX Seeks FCC Nod For Additional Starlink Satellites
April 26, 2021 02:23 PM AEST| By Team Kalkine MediaSummary SpaceX’s Starlink has sought approval from FCC to launch another 2,824 satellites at 550km altitude. Other near-space broadband service rivals have expressed concerns that congestion of many satellites in lower orbits could .....
Muted opening for APAC markets amid mixed global cues
April 26, 2021 01:25 PM AEST| By Furquan MoharkanThe equity markets in the Asia Pacific (APAC) region witnessed a muted opening for the week on Monday morning, due to mixed global cues. Most of the APAC markets, except for Australia, New Zealand, and Indonesia, were trading marginally higher at .....
