News
Marathon (MARA) & Riot Crypto Stocks Balloon With Bitcoin High
February 09, 2021 03:51 AM AEDT| By Hina ChowdharyCryptocurrency companies Marathon Patent Group Inc (NASDAQ:MARA, MARA:US) and Riot Blockchain Inc (NASDAQ:RIOT, RIOT:US) began Monday, February 8, with notable surges in their stock prices. While Marathon stocks were up by about 34 per cen.....
Dogecoin Roars On Elon Musk & Snoop Dogg Tweets
February 09, 2021 03:49 AM AEDT| By Kunal SawhneyThe world’s richest person has been tweeting in favor of a meme-based crypto coin, Dogecoin, for the last one month. In a series of Twitter posts, Mr Musk has called the mid-cap coin a rival of giant cryptocurrency bitcoin. Dogecoin&.....
Bitcoin Hits Record $44,500-Mark On Tesla’s $1.5-Billion Investment
February 09, 2021 01:38 AM AEDT| By Kunal SawhneyBitcoin has made yet another record! The largest virtual coin touched the US$ 44,500-mark on Monday, February 8. The topline cryptocurrency surpassed its previous all-time high of US$ $42,002.55, with over 15 per cent surge. The surge came.....
Graphcore Calls on UK Regulator to Block Nvidia-Arm Acquisition
February 08, 2021 10:03 PM AEDT| By Kunal SawhneyUS-based computer systems design services company Nvidia Corporation (NASDAQ: NVDA) has got fresh resistance from Microsoft-backed Graphcore, which is an AI accelerator and machine learning chip developer, regarding the acquisition of Briti.....
Hyundai, Kia Deny EV Collaboration Reports with Apple
February 08, 2021 09:48 PM AEDT| By Team Kalkine MediaKorean automotive manufacturers Hyundai Motor Company (KRX: 005380) and Kia Motors (KRX: 000270) denied reports of partnership negotiations with technology giant Apple (NASDAQ: AAPL) to develop self-driving electric vehicles, in separate regulatory.....
Vocus receives a takeover bid from Macquarie Infrastructure
February 08, 2021 08:50 PM AEDT| By Team Kalkine MediaSydney- based fibre network owner Vocus Group Ltd (ASX: VOC) has announced that it has received a takeover offer from Macquarie Infrastructure and Real Assets Holdings Pty Ltd (MIRA) for A$3.42 bill.....
How Nickel Dispute Uncorked a Political Storm in French-ruled New Caledonia
February 08, 2021 07:57 PM AEDT| By Kunal SawhneyThe French-controlled island of New Caledonia is going through a political turmoil after its government collapsed after dispute over nickel assets sale. The crisis originated when five out of the total 11 members of the government executive resigne.....
South Africa suspends Oxford-AstraZeneca vaccine rollout
February 08, 2021 06:40 PM AEDT| By Team Kalkine MediaSouth Africa has temporarily suspended the rollout of Oxford-AstraZeneca vaccine after a study claimed that the vaccine provided minimum protection against the new Covid-19 variant detected there. These are early trail results of a new st.....
Siemens Gamesa grabs a piece of UK’s lucrative wind generation market
February 08, 2021 04:47 PM AEDT| By Hina ChowdharyBelfast-headquartered Scottish Power Renewables (SPR) has shortlisted Spain-based Siemens Gamesa Renewable Energy, S.A. (SGRE) to supply and install more than 200 14MW+ turbines for East Anglia Hub. The total project cost is £.....
U.S. EIA Anticipates Crude Oil Production to Surpass 2019 Peak
February 08, 2021 02:33 PM AEDT| By Kunal SawhneyThe United States Energy Information Administration (EIA) anticipates the U.S. crude oil production to rebound to another record high in 2023 after taking a toll from the COVID-19 outbreak. Source: Copyright © 2020 Kalkine Media Pty Ltd Glob...
All You Need To Know About Kuaishou That Made a Splash with $5bn IPO
February 08, 2021 12:43 PM AEDT| By Kunal SawhneyThe post-pandemic period would belong to technology. Lending weight to this notion is the recent enormously successful debut of Chinese firm Kuaishou Technology that offers a video-sharing mobile app. Last week on 5 February 2021, Kuaishou Technol.....
Three US giants declaring earnings this week
February 08, 2021 08:41 AM AEDT| By Team Kalkine MediaThe earnings season in the US is going on, and this week could be crucial as three of the market’s favourites are about to declare their earnings. The social media giant Twitter Inc. (NYSE:TWTR) would be the first of the three to come out wit.....
Top three GameStop stock’s alternatives
February 08, 2021 08:18 AM AEDT| By Kunal SawhneyThe GameStop (NYSE:GME) mania was one of the most hyped short squeeze events in the US. However, the buying frenzy seems to be running out of steam. GameStop's overboard buying has also turned investors to some other alternatives that probably don&.....
Ethereum Hits All Time High! Will It Cross $2,000-Mark?
February 07, 2021 01:41 AM AEDT| By Team Kalkine MediaEthereum rose to a record high of US$ 1,761.35 on Friday, February 5, 2021, as the cryptocurrency market rallied. The world’s second-largest virtual coin has returned more than 133 per cent this year. The token, with a market cap of over US$.....
Can Microsoft’s Bing impress Australians if Google opts out?
February 07, 2021 12:35 AM AEDT| By Hina ChowdharyAdding another chapter to the ongoing war between Australian Federal Government and the US tech giant duo Facebook and Google, Microsoft has jumped into the fray. Microsoft has assured the Australian government that if Google pulls out its s...
What is Dogecoin and why it is making a splash?
February 07, 2021 12:31 AM AEDT| By Kunal SawhneyDogecoin is a cryptocurrency just like Bitcoin but with a much smaller market cap (about $6 billion). The currency was invented by two software engineers Billy Markus and Jackson Palmer way back in 2013. The currency features a logo of &ldq.....
Ford Doubles Investment on EVs, Warns About Profit Decline
February 06, 2021 11:40 AM AEDT| By Hina ChowdharyUS-based automotive giant Ford (NYSE: F) has decided to nearly double its investment in electric vehicles (EVs) to US$ 22 billion through 2025 despite the challenges due to the shortage of semiconductors within the industry. It has not.....
FTSE 250 Index Surged by 1.24%; Gold and Crude Oil Prices Traded Higher
February 06, 2021 04:33 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 5.51 points or 0.14 per cent higher at 3,877.25, Dow Jones Industrial Average Index expanded by 36.36 points or 0.12 per cent higher at 31,0...
Glencore Reports Bleak 2020 Numbers As Pandemic Bites
February 06, 2021 03:19 AM AEDT| By Kunal SawhneyAnglo-Swiss multinational commodity mining and trading company, Glencore plc has unveiled its 2020 full-year production report with a significant fall in copper and cobalt production. The production was significantly impacted due to mining suspens.....
Better than injection? All about nasal COVID-19 vaccines in the pipeline
February 06, 2021 03:06 AM AEDT| By Kunal SawhneyThe intramuscular route has been thought of as the ultimate way to administer a vaccine. However, intranasal vaccines have multiple advantages of their own, including ease of self-administration and systematic immunity. The nasal route has outstan.....