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Lens On 3 FTSE EV-Focused Stocks After Foxconn Shares Spike Up
March 23, 2021 12:22 AM AEDT| By Suhita PoddarSource: Nicole Lienemann, Shutterstock Summary Taiwan-based Foxconn’s shares jumped on Monday after news of early-stage partnership with Vietnam-based manufacturer Vinfast surfaced. The company aims to capture 10% of the global EV market...
Auto industry back on track? Detroit 3 posts robust Q4 results
March 22, 2021 07:07 PM AEDT| By Team Kalkine MediaSource:Jenson, Shutterstock Summary The Detroit 3 automakers - Ford Motor, General Motors, and Fiat Chrysler Automobiles - posted robust earnings in their fourth quarter ended 31 December 2020. Ford’s adjusted EPS during the three months...
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FTSE 100 Set to Open on A Muted Note Following Mixed Asian Cues
March 22, 2021 07:05 PM AEDT| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 index is set to open lower following mixed trading in Asian equities on Monday The FTSE 100 March futures were down by 0.17 per cent London markets are awaiting cues from the ong...
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Is US FED Also Slipping Into a Liquidity Trap Like the Bank of Japan?
March 22, 2021 07:01 PM AEDT| By ManikaSource: Freedomz, Shutterstock Summary Federal Reserve (Fed) could be getting into a liquidity trap Fed Chairman, Jerome Powell said last week that America is officially trapped below zero After making all the efforts to keep the businesses a...
4 Drone Stocks From Across The World To Watch In 2021
March 22, 2021 01:55 PM AEDT| By Mark O'Donnellwing article details four drone companies working across the breadth of the industry. Drone technology has advanced to the point that serious consideration is being given to its commercial and industrial application. The drone industry is expect...
Is Nokia Due For A Comeback In 2021?
March 22, 2021 01:23 PM AEDT| By Mark O'DonnellSource: Arnold O. A. Pinto, Shutterstock Summary Nokia was once a leading technology company that has largely fallen from favour. However, the Finnish technology Company generated €6.568 billion in Q4 2020. Nokia is vying to be a ma...
FedEx Q3 Income Soars 153% As E-Commerce Deliveries Surge
March 21, 2021 07:15 PM AEDT| By Team Kalkine MediaSource: Carlos Yudica, Shutterstock Summary FedEx stocks jumped nearly 133 percent over the past year as the company’s profits grew. Its revenues for Q3 ended February 28, 2021, grew 23 percent to US$21.5 billion. Its average daily pack...
Coinbase Pays US$6.5 Mn Penalty Over False Data Amid IPO Talks
March 21, 2021 07:10 PM AEDT| By Team Kalkine Medialeading data potentially inflated the volume of its digital assets, it noted. Coinbase Global Inc., the world’s largest crypto exchange, has paid a US$6.5 million penalty on charges of falsifying transaction data that may have possibly inf...
Elon Musk Says Tesla May Be Shut Down If Its Cars Spied In China
March 21, 2021 07:05 PM AEDT| By Team Kalkine MediaSource: canadianPhotographer56, Shutterstock Summary Military restricted the use of Tesla cars on military compounds over security concerns. Ban was triggered by fears that Tesla cars might be used to collect military data. China accounted fo...
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5 FTSE Stocks to Beat Inflation in Near Future
March 21, 2021 11:35 AM AEDT| By Suhita PoddarSource: macgyverhh, Shutterstock Summary High government spending is likely to result in a rise in inflation Investors need to churn their portfolio to have some stocks which can beat inflation The deadly global pandemic has hit bus...
US Stocks Notch Modest Weekly Loss As Bond Yield Retreats
March 20, 2021 01:12 PM AEDT| By Team Kalkine MediaSource: jo.pix, Shutterstock Summary S&P 500 dropped 0.06%, Dow Jones fell 0.71%, and NASDAQ gained 0.76%. Google to spend US$7 billion on offices and data centers, hire 10,000 staff. JPMorgan to purchase US$410 million stake in China Mer...
NFT Explained: Here's what we know so far!
March 20, 2021 08:36 AM AEDT| By Kunal SawhneySource: Tibor Duris, Shutterstock Summary A digital only JPEG image auctioned for $69 million. image made by digital artist Mike Winkelmann; auction held at Christie's website. Non-fungible token or NFT is the digital answer to collectibles?...
How the UK Markets’ fared after government borrowings hit a record high?
March 20, 2021 04:58 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 7.22 points or 0.18 per cent higher at 3,922.68, Dow Jones Industrial Average Index dipped by 119.30 points or 0.36 per cent lower at...
Why Companies Are Opting for Flexible Work Models in The Post-Pandemic World
March 19, 2021 11:24 PM AEDT| By Suhita PoddarSource: SFIO CRACHO, Shutterstock Summary Airline major British Airways said it would continue its flexible remote working structure after lockdown restrictions are eased. The airline is also exploring selling its Waterside HQ as part of...
FTSE 100 Set to Record Sharp Fall as Covid-19 Worries Resurface
March 19, 2021 07:48 PM AEDT| By Abhijeete buying of assets Great Britain pound (GBP) vs United States dollar (USD) pair traded little changed in the negative region FTSE 100 is likely to open steeply lower on Friday, 19 March, as renewed concerns over the apparently faulty roll-out o...
3 Energy Stocks in Focus After National Grid Ink $11-Bn Green Deal
March 19, 2021 04:58 PM AEDT| By Suhita PoddarSource: Fit Ztudio, Shutterstock Summary UK utilities giant National Grid announced its plans to acquire energy company PPL Corp’s UK electric distribution arm Western Power Distribution for £7.8 billion. The National Grid also pla...
Experts Bump Up 2021 Global GDP Forecasts on Recovery Hopes
March 19, 2021 04:15 PM AEDT| By Daminintinued government support seems necessary to drive economic recovery in the period ahead. The continuing rollout of COVID-19 vaccines worldwide to contain the spread of the pandemic has emerged as a shot in the arm for the global economy. The...
UK Govt Borrowed £19.1 Bn In February, Highest In 28 Years
March 19, 2021 03:11 PM AEDT| By AbhijeetSource: Freedomz, Shutterstock Summary The UK government borrowed £19.1 billion in February, the highest since 1993. The fiscal deficit for the first 11 months of the financial year was at £8 billion, up 6% year-on-year. According...
China Leading The World In Wind Energy Market
March 19, 2021 02:39 PM AEDT| By Mark O'Donnelli> Total worldwide wind-energy capacity is set to touch 1000 Gigawatts by 2024. Wind farms were one of the most popular renewable energy projects in 2020. The country building the most wind farm capacity is China. In 2020, China alone managed t...
GameStop Quarterly Earnings Report Due. What Is Next For The Meme Stock?
March 19, 2021 11:31 AM AEDT| By Mark O'DonnellSource: rarrarorro ,Shutterstock Summary GameStop stock has fallen 23.8% since the close of last week Friday’s market session. The gaming retailer’s earnings report for quarter ended January 2021 is due to hit the market next...
