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PPG Industries Inc. Is at Record Peak, What to Expect Ahead?
April 19, 2021 08:24 PM AEST| By Team Kalkine Mediaositive trend for the stock but at the same time, an overbought condition. PPG Industries Inc. (NYSE: PPG) is a manufacturer of a wide range of coatings and specialty materials. PPG’s price has broken out of its all-time high on Friday and se...
Are Bitcoin Bears Gaining Strength or Bulls Retreating To Take a Leap?
April 19, 2021 08:00 PM AEST| By Team Kalkine Mediar band of channel pattern and the RSI (14-period) has formed a negative divergence. Bitcoin in just 3 months had rallied ~ 125.77 percent from the low of USD 28,745.55 made on January 2021 to a new lifetime high of USD 64,899.97 tested on...
Is Advanced Micro Devices Inc. Catching Momentum from Crucial Support Zone?
April 19, 2021 08:00 PM AEST| By Team Kalkine MediaSource: Macro photo, Shutterstock Summary Advanced Micro Devices (NASDAQ: AMD) gained 5.68% percent in the last trading session and was one of the top gainers in the NASDAQ 100 index. Last week, AMD had pierced through a downward trendline and...
Dogecoin has a tiger’s roar, soars 440% in a week
April 19, 2021 07:34 PM AEST| By Team Kalkine Mediaed as the cryptocurrency soars on sheer popularity and not on the underlying asset. Dogecoin has witnessed a rise of a staggering 18,000% from a year ago with the current market value of ~US$49 billion, according to CoinMarketCap. Over the past-...
Music to your ears? How podcasting is taking traditional media by storm
April 19, 2021 07:00 PM AEST| By Team Kalkine Mediado not. Joe Rogan’s Spotify deal is the largest in podcasting history. The COVID-19 pandemic has seen a plethora of listeners migrate to various niche podcasts. Most notably, the genre of true crime has attracted a large portion of liste....
FTSE 100 likely to open lower as renewed Covid tensions jolt confidence
April 19, 2021 04:56 PM AEST| By AbhijeetCopyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 is expected to open in negative territory on Monday, 19 April UK shares are set to react oppositely as compared its Asian peers India’s Nifty 50 crashed 2.32 per cent after t...
Indian markets feel the heat as COVID-19 rattles the country
April 19, 2021 04:30 PM AEST| By Team Kalkine Mediaber of daily COVID-19 deaths – displacing Brazil The raging COVID-19 pandemic has wreaked havoc in India, the world’s second most populous country. On Monday, the equities in the country opened deep in red, despite most of its...
Asia markets open in green, COVID-19 wreak havoc in India
April 19, 2021 02:43 PM AEST| By Furquan MoharkanSource: REDPIXEL.PL, Shutterstock The Asian markets on Monday morning are seeing a positive opening with investors keenly watching developments in China’s Alibaba Group Holding Ltd (NYSE:BABA) and India’s worsening COVID-19 situation....
Why are cryptocurrencies tumbling after stellar run last week?
April 19, 2021 11:20 AM AEST| By Furquan MoharkanSource:Ken stocker, Shutterstock Bitcoin, the world’s largest cryptocurrency, has been falling through the weekend, after witnessing a record run last week. Representative Image. © Chakisatelier | Megapixl.com On Sunday, in the intrad...
COVID-19 Survivors May Need Only One Dose Of Vaccine, Says Study
April 18, 2021 06:13 PM AEST| By Shreya BiswasSource: Sorapop Udomsri, Shutterstock Summary A latest study has found that a single dose of the Pfizer-BioNTech or Moderna vaccine may be enough to provide immunity to COVID-19 survivors. The study was conducted by researchers at Los Angeles&...
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Bitcoin, an Irrational Exuberance?
April 17, 2021 09:11 PM AEST| By Team Kalkine MediaSource: Mc_Cloud, Shutterstock Bitcoin mania is everywhere. Read the last sentence again. The word ‘mania’ holds a lot of significance. By contrast, bitcoin itself is yet to find undisputed acceptance in global trade and commerce. A bri...
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Indian IT ADRs more than double in 1 year
April 17, 2021 05:16 AM AEST| By Furquan MoharkanSource: Jirapong Manustrong, Shutterstock The American Depository Receipts (ADRs) – Infosys Ltd (NYSE:INFY) and Wipro Ltd (NYSE: WIT) of two Indian companies have more than doubled in the past one year. And both have a similar story: both comp...
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FTSE 100 breached the 7,000 level for the first time since the pandemic
April 17, 2021 04:10 AM AEST| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 7.99 points or 0.19 per cent higher at 4,178.41, Dow Jones Industrial Average Index sur...
GBP tumbles against USD, EUR even as US dollar index stays flat
April 17, 2021 01:23 AM AEST| By AbhijeetSource: kamui29, Shutterstock Summary GBP fell considerably against the USD and the euro in the morning trades on Friday. The domestic currency regained partial losses as the trading progressed. BoE fixed a reference currency rate of 1.3795 U...
Facebook In Trouble Again, Faces Major Legal Action Over 2019 Data Leak
April 17, 2021 12:55 AM AEST| By Shreya BiswasSource: Camilo Concha, Shutterstock Summary Digital Rights Ireland(DRI), a digital rights advocacy agency, has announced that it will be initiating a “mass action” to sue Facebook over the massive user data breach of 2019. User inf...
Morgan Stanley net profits surge 150% in Q1
April 17, 2021 12:43 AM AEST| By Team Kalkine MediaUS$ 3.4 billion versus US$ 950 million last year. Quarter results also highlight a loss of US$ 911 million tied to Archegos. The American Banking major Morgan Stanley (NYSE:MS) has reported a blockbuster quarterly performance, with its net pro....
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Google misled Australians over data collection: ACCC
April 16, 2021 09:17 PM AEST| By Team Kalkine MediaSource: New Africa, Shutterstock In a world-first, a federal body has stated that US-based tech giant Google tricked its users in Australia. The Australian Competition & Consumer Commission (ACCC), on Friday, shared that the Federal Court has di...
Is GlaxoSmithKline PLC getting ready to take off?
April 16, 2021 07:05 PM AEST| By Team Kalkine MediaSource: Poring Studio, Shutterstock Summary GlaxoSmithKline PLC (LON: GSK) gained 4.56% percent in the last trading session. The stock soared almost ~16.64 percent in the last eight weeks, the price has broken out of its falling channel patter...
FTSE 100 set to open a bit higher as Wall Street shines
April 16, 2021 05:27 PM AEST| By AbhijeetSource:Copyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 is likely to open a tad higher on Friday, 16 April. A higher Wall Street closing on Thursday boosted the investors’ confidence. Asian markets traded in positive territ...
Lower Ending Stocks & Tight Supplies Push Corn Prices Higher
April 16, 2021 05:08 PM AEST| By Team Kalkine MediaSource: Africa Studio, Shutterstock Summary Corn prices are continuously trading in the northward direction for the past 9 months. Prices broke the downward sloping trendline in January 2021 and since then the upside momentum strong. Global C...
