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How do consumers make purchasing decisions?
Economy

How do consumers make purchasing decisions?

Highlights  The modern consumer is well-informed and well-equipped with technological tools that help form decisions. As online consumer activity has picked up the pace, individuals have left behind a large trail of data for marketing firm...

Google fined for abusing mobile market dominance in South Korea
World News

Google fined for abusing mobile market dominance in South Korea

Highlights  The South Korea’s antitrust agency fined Google for abusing market dominance. Google has been investigated for allegedly using its market position to block smartphone makers as per Korea Fair Trade Commission. The regula...

South Korea's strict crypto regulations: Will investors face the brunt?
Cryptocurrency

South Korea's strict crypto regulations: Will investors face the brunt?

Highlights South Korea’s Financial Services Commission (FSC) has given the smaller cryptocurrency exchanges time till September 24 to apply for an official license. If they fail to comply, they could lose their right to operate in the cou...

Litecoin’s prices roll back after Walmart deal hoax
Cryptocurrency

Litecoin’s prices roll back after Walmart deal hoax

Highlights The prices of Litecoin have rolled back to US $178.45 on Tuesday with a 24-hour trading volume of US $8,99,18,83,634. On Monday, news came in that retailer giant Walmart would accept cryptos for its online purchases. However, the ne...

Why is stablecoin catching investors’ attention?
Cryptocurrency

Why is stablecoin catching investors’ attention?

Highlights  A stablecoin is a digital currency which is tied to a commodity or fiat currency, like the US dollar A Stablecoin’s value will remain stable even after an extended period of time and this will ease losses should a sig...

Why people want an overhaul of childcare costs in UK
Economy

Why people want an overhaul of childcare costs in UK

Highlights The UK has the highest childcare costs across the globe after Slovakia and Switzerland. UK Parents are finding the costs unaffordable and are demanding for an overhaul of childcare costs. According to latest OECD data, the UK ha...

Swiss digital exchange SIX gets green light to launch digital bourse
Cryptocurrency

Swiss digital exchange SIX gets green light to launch digital bourse

Highlights SDX has secured two licences from the Swiss Financial Market Supervisory Authority (FINMA) to act as an exchange and central securities depository. It is planning to establish a global network for digital assets to include major play...

  • September 13, 2021 11:23 PM PDT
  • Aayush
Walmart Hoax Leads to Litecoin Surge
Cryptocurrency

Walmart Hoax Leads to Litecoin Surge

A press release from US retail giant, Walmart, announcing a partnership with cryptocurrency Litecoin, had been declared a hoax. The retailer is looking into how such a slip up could have occurred. The fake announcement briefly led to Litecoin jum...

Oil rises on slow supply recovery from the US
Commodities

Oil rises on slow supply recovery from the US

Stock Photo Oil Prices Rise  Crude oil prices soared to six-week high on Monday due to slow recovery in the US output, two weeks after Hurricane Ida hit the coast. The prices were additionally lifted by the concern of another storm that could h...

Iceland starts the world’s largest carbon dioxide capturing plant
Commodities

Iceland starts the world’s largest carbon dioxide capturing plant

Carbon Dioxide Capture Technology Iceland has started operating the world’s largest plant that captures carbon dioxide from the air and deposits it into the ground. Climeworks AG, a Swiss start-up has teamed up with Iceland’s carbon stor...

UN warns of starvation crisis in Afghanistan; one million children ‘could die’
World News

UN warns of starvation crisis in Afghanistan; one million children ‘could die’

Highlights UNICEF warns of one million starvation cases by this year in Afghanistan. The UN body’s chief fears that many will die of starvation. 600,000 people, more than half of whom are children, have been displaced by conflict. O...

Apple iPhone 13 launch: Five things to know about California Streaming event
World News

Apple iPhone 13 launch: Five things to know about California Streaming event

Apple is all set for the launch of its much-hyped grand event scheduled on 14 September. The Apple’s fall event, titled California Streaming, will be hosted virtually and is highly expected to unveil four new iPhone models-- iPhone 13, iPhone...

  • September 13, 2021 06:10 PM PDT
  • Ashish
Why are Ocugen (OCGN), BioNTech (BNTX) stocks in focus?
Healthcare Stocks

Why are Ocugen (OCGN), BioNTech (BNTX) stocks in focus?

Highlights Ocugen, Inc. (NASDAQ: OCGN) had cash, cash equivalents, and restricted cash of US$115.8 million in Q2, FY21. The OCGN stock surged 132.9 percent YTD. BioNTech SE (NASDAQ: BNTX) reported a net profit of €2.78 billion in Q2, FY21...

7 fintech stocks to watch as demand for on-the-go services grows
Financial Stocks

7 fintech stocks to watch as demand for on-the-go services grows

Highlights SoFi Technologies Inc (NASDAQ: SOFI) stock grew by 20.58% YTD. PayPal Holdings Inc (NASDAQ: PYPL) has a P/E ratio of 68.29. The stock rose 19.77% YTD. Goldman Sachs (NYSE: GS) plans to launch a fellowship program for small businesse...

How long will COVID-19 pandemic last? Will it continue into 2022?
Covid-19

How long will COVID-19 pandemic last? Will it continue into 2022?

As the world is battling its once-in-a-hundred-years deadly contagion in the form of COVID-19 pandemic, the people are eagerly awaiting its end. The question on the end of the pandemic is on the mind of many people. But no one can give a definitiv...

US stocks close mixed as lawmakers mull tax hike
Market Updates

US stocks close mixed as lawmakers mull tax hike

Benchmark US stock indices closed mixed on Monday, September 13, after lawmakers unveiled plans to raise the corporate tax by around 26% in a new spending bill worth US$3.5 trillion. The S&P 500 was up 0.23% to 4,468.73. The Dow Jones rose 0.76%...

Five stocks to watch out this week
Stock Market

Five stocks to watch out this week

Highlights Apple Inc’s (NASDAQ: AAPL) planned launch of a new iPhone is drawing interest in the market. The stock had closed at US$148.97 on Sep 10. Zoom Video (NASDAQ: ZM) plans to upgrade its platform to stay in demand in the “sca...

China to split Alipay; Alibaba, Tencent to allow each other’s apps
World News

China to split Alipay; Alibaba, Tencent to allow each other’s apps

Higglights Chinese regulators plan to break Alipay to create a separate lending platform. Alipay asked to share user data for creating a new entity that will have government control. China also asks Alibaba and Tencent to open their platforms ...

Dealing with existential angst? Now you can control it!
Life & Luxury

Dealing with existential angst? Now you can control it!

Highlights  Existentialism is the state of mind where people question their purpose in life, the meaning of their existence and all other big questions that have no objective answers. Some people with existential angst go through a lot of ...

DBS to beef up its crypto business, eyes 20-30% user growth
Financial Stocks

DBS to beef up its crypto business, eyes 20-30% user growth

Highlights Singapore’s DBS Group aims to increase its crypto exchange membership to 1000 by December end. The exchange currently offers trading in Bitcoin, Ethereum, Bitcoin Cash, and XRP. The group plans to add six more security tokens ...

Will these 5 travel stocks survive as Delta variant saps confidence?
Consumer Stocks

Will these 5 travel stocks survive as Delta variant saps confidence?

Highlights Las Vegas Sands Corp’s (NYSE: LVS) net revenue was US$1.17 billion in Q2, FY21. Booking Holdings Inc’s (NASDAQ: BKNG) net loss was US$167 million in Q2, FY21. Royal Caribbean Cruises (NYSE: RCL) total revenue was US$50.9...

Aterian (ATER) & Energy Fuels (UUUU): Two trending stocks on Monday
Stock Market

Aterian (ATER) & Energy Fuels (UUUU): Two trending stocks on Monday

Highlights Aterian, Inc. (NASDAQ: ATER) stock rallied after retail investors pushed the price up. Energy Fuels Inc (Canada) (AMEX: UUUU) stock jumped on increased uranium demand. ATER and UUUU stocks rose 192% and 36%, respectively, over the p...