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4 Foreign Stocks Hitting It Out Of The Park In The US
March 05, 2021 01:56 PM AEDT| By Mark O'Donnellbled as it firmly establishes itself as the go-to e-Commerce brand across South America. Investors have typically been conservative while acquiring foreign stocks, preferring to stick with home-based businesses. Source: © Danp68 | Megapi...
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How Bond Yields impact an economy
March 05, 2021 01:29 PM AEDT| By Team Kalkine MediaSource:husjur02,Shutterstock Summary US 10-year Treasury yield crossed the 1.6% mark and hit a one-year high last week following vaccine rollout and Biden government’s anticipated stimulus package. Bond yields have an impact on the economy...
US Stocks End Lower Amid Recovery Woes, Mortgage Rate Spike
March 05, 2021 08:46 AM AEDT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. Summary S&P 500 was down 1.34%, Dow Jones shed 1.11%, and NASDAQ plunged 2.11%. Ten-year treasury bond yields were up 5.33% to 1.548 on Thursday. The 30-year mortgage rates rose...
Did a spike in bond yields hit the UK Markets; Crude oil prices surged & Gold dipped below $1,700
March 05, 2021 08:34 AM AEDT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 13.82 points or 0.36 per cent lower at 3,805.90, Dow Jones Industrial Average Index drop...
Meme Stocks Can Backfire, Just Look At Hertz
March 05, 2021 03:35 AM AEDT| By AnujSource: JomNicha, Shutterstock Before the Reddit-fueled rally of 2021, retail traders had heavily boosted the penny stocks of bankrupt rental car firm Hertz Global Holdings (HTZGQ:US, OTCPK: HTZGQ) in 2020 to reap maximum profits. Fast forward to T...
Why February Recorded the Worst Car Sales Since 1959
March 05, 2021 01:10 AM AEDT| By Suhita PoddarSource: Mikbiz, Shutterstock Summary New car registrations in February fell 35.5 per cent annually, SMMT data showed. SMMT fears that March, which is traditionally a busy month for new registrations, would also do dismal business. In what...
Online Delivery Company Deliveroo To Have a London IPO
March 04, 2021 11:13 PM AEDT| By Suhita PoddarSource: OneSideProFoto, Shutterstock Summary Deliveroo would be listing its shares on the London Stock Exchange. The company’s expected valuation is around US $7 billion based on its US$ 180-million-fundraise. The company’s listin...
Budget 2021: Tax hikes to take burden to highest value since 1960s, says OBR
March 04, 2021 10:59 PM AEDT| By Team Kalkine MediaSource: Natee Meepian, Shutterstock Summary Tax hikes announced by British finance minister Rishi Sunak would push the nation’s overall tax burden to its highest level since the 1960s, said OBR. This is despite the fact that the budget h...
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FTSE 100 Slides as European Shares Footstep Asian Equity Rout
March 04, 2021 09:37 PM AEDT| By AbhijeetSource: Copyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 fell nearly 1 per cent on Thursday, 4 March, tracking the stocks sell-off in Asian markets Losses in London were mostly higher due to a partial dejection amidst the investo....
Budget 2021: How Sunak Plans to Protect Jobs and Livelihoods
March 04, 2021 08:48 PM AEDT| By Abhijeetions and extensions to various schemes without worrying about acute rise deficit. In order to reinforce job security, Chancellor of the Exchequer Rishi Sunak has announced a bouquet of measures that are designed to safeguard the jobs and livelih...
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Why Google Won’t Look For User Cookies Any More?
March 04, 2021 08:23 PM AEDT| By Ipsita Sarkarogle accounted for more than half of all global digital ad spending last year. Google won’t be prying on your browsing history after all. The California-based company said on Wednesday that it will stop tracking people’s internet dat...
Budget 2021: How the housing market can gain from recent sops
March 04, 2021 08:15 PM AEDT| By Team Kalkine Mediaprices of major home builders rose by nearly 6 per cent after the budget announcement. The Budget announced yesterday on 3 March had boosted the sentiments of the housing market. The ongoing stamp duty holiday has been extended till the end of J...
What’s fuelling the surge in Bond Yields?
March 04, 2021 06:31 PM AEDT| By Team Kalkine Mediaof jobs with policies potentially enhancing the positive sentiment in the market. The surge in US treasury yields has impacted global economies, stirring the pot for already vulnerable international markets. The sudden increase in the 10-year tr...
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How Volkswagen, Volvo, And Likes Are Moving Towards EVs For A Cleaner Future
March 04, 2021 06:20 PM AEDT| By Suhita Poddarcars. Aston Martin plans to have 90% of its fleet electrified by 2030. For every automobile manufacturer, electric vehicles are the future. Every car major worth their salt has already announced their plans to shift to cleaner forms of energy....
New GMC Hummer EV’s crabwalk feature set to enrich driving experience
March 04, 2021 03:50 PM AEDT| By AshishSource:LeStudio,Shutterstock Summary The new all-electric Hummer by General Motors is all set to change the way people drive. In a recent video, the electric vehicle was seen criss-crossing across snow, while performing some adventurous moves...
SpaceX’s Starship prototype explodes after a seemingly successful landing
March 04, 2021 02:54 PM AEDT| By Aayushn Musk plans to send people to Mars by as soon as 2023 via these starships. Space Exploration Technology Corporation (SpaceX) had yet another flub that involved its Starship rocket prototype. On Wednesday, SpaceX’s unmanned rocket prototyp...
Are Cruise-Ship Stocks Turning Bullish In 2021?
March 04, 2021 12:55 PM AEDT| By Mark O'DonnellSource:Smit,Shutterstock Summary Positive indicators are towing Cruise stocks into bullish territory. Royal Caribbean will begin cruising out of Israel with vaccinated passenger in May. Carnival expects to return 24 liners into service by the...
US Stocks Continue To Fall On Fed Policy Worries, Bond Yields
March 04, 2021 08:39 AM AEDT| By Team Kalkine MediaSource: Phongphan ,Shutterstock Summary S&P 500 dropped 1.31%, Dow Jones shed 0.39%, and NASDAQ plunged 2.70%. Treasury bond sell-offs spike market volatility, trigger inflation worries. The 10-year US Treasury bond yield surged 3.67...
Did banking stocks lift FTSE 100 higher by 0.93%; Barratt Developments Stock Surged by 7.07%
March 04, 2021 07:55 AM AEDT| By Team Kalkine MediaSource: Copyright © 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 22.89 points or 0.59 per cent lower at 3,847.40, Dow Jones Industrial Average I...
Future of Bitcoin in Question As China, India Counter Crypto Wave
March 04, 2021 07:51 AM AEDT| By AnujSource: Wit Olszewski ,Shutterstock Tightening the noose on cryptocurrencies, China banned the mining of blockchain-based currency in Inner Mongolia. The world’s second largest economy also announced the closure of all crypto operations b...
