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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...
COVID-19 Weekly Roundup: Latest developments around the world
April 16, 2021 05:00 PM AEST| By Team Kalkine MediaSource: Moonhonor, Shutterstock Summary The EU Commission has opted not to renew contracts for the COVID-19 vaccine from Oxford-AstraZeneca and Johnson & Johnson. Researchers at the University of Oxford introduced a Com-Cov study to evalua...
Citibank kicks off Australian retail bank sale, confirms CEO
April 16, 2021 02:59 PM AEST| By Furquan MoharkanA signboard of Citibank seen outside a building in Manhattan, New York. © Noodles73 | Megapixl.com US banking behemoth Citigroup Inc (NYSE:C) has commenced the sale of its consumer banking business in Australia, a top official from the bank con...
Goldman Sachs Consolidating Around Trend Line Support
April 16, 2021 01:36 PM AEST| By Team Kalkine MediaSource: soul_studio, Shutterstock Summary Goldman Sachs Group Inc. (NYSE: GS) has been on an upward trajectory since October 2020. The price has broken crucial resistance level and hit an all-time high. Stock prices are trading above an upwar...
Dow smashes a milestone by shooting past 34K-mark
April 16, 2021 10:39 AM AEST| By Furquan MoharkanThe 30-share large cap index of the US market – Dow Jones Industrial Average (Dow30) – surged past the 34,000-mark for the first time on Thursday, as global equities continue to rally. Although the benchmark opened almost flat at...
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British & US Equities Traded in Green; Crude Oil Prices Inched Higher
April 16, 2021 04:20 AM AEST| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 34.73 points or 0.84 per cent higher at 4,159.39, Dow Jones Industrial Average Index s...
Ethereum Hits Record High, Up 2x Against Bitcoin In 2021
April 15, 2021 11:22 PM AEST| By AnujSource: pedrosek, Shutterstock Most investors pick Bitcoin as their first crypto choice. But Ethereum, which surpassed the largest cryptocurrency with a double margin year-to-date (YTD), is a great option too. Since its launch in 2015, Ether...
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GBP Stays Flat as US Dollar Bounces to Green
April 15, 2021 10:53 PM AEST| By AbhijeetSource: kamui29, Shutterstock Summary The GBP traded flat against the USD in the pre-afternoon deals on Thursday The GBP to EUR pair traded higher as sterling bounced marginally vs the euro Central Bank of the Republic of Turkey maintained th...
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FTSE 100 Gains as European Shares Witness Broad-Based Surge
April 15, 2021 08:13 PM AEST| By AbhijeetSource:Copyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 extended the gains in the late morning deals after opening higher Among European markets, Switzerland’s SMI rose the most after FTSE 100 Dow futures soared 0.40...
Alfa Financial Software Holdings PLC at year high, what to expect from here?
April 15, 2021 07:32 PM AEST| By Team Kalkine MediaSource: Song_about_summer, Shutterstock Summary Alfa Financial Software Holdings PLC’s (LON: ALFA) prices are consolidating around a 52-week high for the past six months. Before entering the consolidation phase, the prices of ALFA witnes...
Crypto Kings: Extraordinary Tale of Coinbase Founders Brian Armstrong, Fred Ehrsam
April 15, 2021 07:18 PM AEST| By Team Kalkine MediaSource: DSkorynko, Shutterstock Summary Although Coinbase made a smashing debuted on NASDAQ, opening 4% higher than the reference price, the Company had humble beginnings. Co-founders Fred Ehrsam and Brian Armstrong met on Reddit and built the...
Is It A Good Time To Invest In Dogecoin & XRP?
April 15, 2021 06:50 PM AEST| By AnujSource: Virrage Images, Shutterstock Ripple’s XRP token is back on its bull-run even despite the ongoing legal tussle to resolve litigation from the US Securities and Exchange Commission (SEC). Ripple’s XRP token has grown more than doub...
Failing On Targets, GameStop CEO Forfeits US$98 Million In Shares
April 15, 2021 01:26 PM AEST| By Furquan MoharkanGamestop store in Kahala Mall Shopping Center, Honolulu, Hawai. © Brodogg1313 | Megapixl.com The CEO of gaming company GameStop Corp (NYSE:GME), Sherman George E Jr has forfeited 587,000 restricted shares after failing to meet his performance t...
