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Is Olympus crypto (OHM) a decent investment option?
Cryptocurrency

Is Olympus crypto (OHM) a decent investment option?

Highlights Olympus crypto (OHM) is deemed an algorithmic stablecoin protocol to become a stable crypto-native currency. As per CoinMarketCap, OHM was trading at US $989.64 with a 24-hour trading volume of US $466,321,565 and was down 20.75% in ...

Digital gift card retailer Prezzee to be listed on ASX soon 
World News

Digital gift card retailer Prezzee to be listed on ASX soon 

Highlights Prezzee Pty Limited is considering getting listed on the stock market soon.  Studies indicate that the gift-card market could expand from AU$838 billion in 2019 to AU$2.81 trillion by 2027.  Prezzee, which operat...

North Australian Cattle Company now has a new owner
World News

North Australian Cattle Company now has a new owner

Highlights  North Australian Cattle Company (NAAC) has come out of voluntary administration with new owner. The managing director of NAAC, Ashley James has taken over the NACC. The company went into administration due to disagreement amon...

Here’s NSW’s A$66M package to lift outdoor activities post lockdown!
World News

Here’s NSW’s A$66M package to lift outdoor activities post lockdown!

Highlights  On Thursday, the NSW Government announced Alfresco Restart package worth AU$66 million to boost outdoor dining and hospitality business in Australia post lockdown. The decision was taken in view of the decline in COVID-19 cases...

Bitcoin Hits $60,000 for the first time since April
Cryptocurrency

Bitcoin Hits $60,000 for the first time since April

Highlights Bitcoin breaks into the US $6000 for the first time in months. At the time of writing (BST 8.00 am), Bitcoin was currently trading at US $59,560.05 with a 24-hour trading volume of US $39,709,408,168. Bitcoin was up by 3.19% in the...

The Best Cryptocurrencies of 2021 
Cryptocurrency

The Best Cryptocurrencies of 2021 

Back when Bitcoin was created in 2009 as a response to the financial crisis, the world had gained a new asset class and its first digital currency. Several years later, thousands of cryptocurrencies are in existence, all with different specialties an...

Crypto Statistics 101: Did You Know That?
Cryptocurrency

Crypto Statistics 101: Did You Know That?

Whether or not you are a Bitcoin investor, you can always choose to be informed of the latest development in the crypto market. You might find yourself drawn into the investment opportunities offered by cryptocurrencies. Learn the latest statistics t...

Crude oil grows on rising energy demand
Commodities

Crude oil grows on rising energy demand

Highlights Crude oil prices climbed up on Thursday. The prices of crude oil are boosted by surging natural gas prices. OPEC+ decided to stick to its previous agreement to increase the output by 400,000 bpd per month. Crude oil prices clim...

Why is the stock of gene-editing titan CRISPR hogging attention?
Healthcare Stocks

Why is the stock of gene-editing titan CRISPR hogging attention?

Highlights CRISPR Therapeutics (NASDAQ: CRSP) hopes to advance the CTX110 therapy into a registrational trial by the first quarter of next year. The company said that its off-the-shelf therapy yielded a 58% response rate after administering a ...

Nine penny stocks with over 100% year-to-date return to explore
Penny Stocks

Nine penny stocks with over 100% year-to-date return to explore

Highlights Rare Element Resources Ltd. (OTC: REEMF) is a mineral resource company. The stock returned 122.33% YTD. Performant Financial Corporation (NASDAQ: PFMT) provides technology-enabled recovery services; the stock gave a 283.65% return YT...

Walgreens Boots (WBA) profits up 6.4% in Q4 as sales surge
Healthcare Stocks

Walgreens Boots (WBA) profits up 6.4% in Q4 as sales surge

Pharmacy chain operator Walgreens Boots Alliance Reports on Thursday reported a fourth-quarter profit of US$358 million after witnessing robust growth in the US and the UK markets. Walgreens’ net earnings from operations increased by 6.4% Yo...

US stocks close higher on strong earnings reports
Market Updates

US stocks close higher on strong earnings reports

Benchmark US indices closed higher on Thursday, October 14, boosted by strong quarterly results of major banks and upbeat economic data that helped alleviate investors’ concerns. The S&P 500 was up 1.71% to 4438.26. The Dow Jones rose 1.56...

Citigroup net income jumps 48%, revenue declines 1%
Financial Stocks

Citigroup net income jumps 48%, revenue declines 1%

Highlights Citigroup, Inc. (NYSE: C) revenue declined 1% YoY to US$17.2 billion in the third quarter. The net income surged 48% increase YoY to US$4.6 billion in the quarter. Citigroup (C) stock gave around 17% return YTD.  Glob...

Domino's Pizza (DPZ) profit jumps 21.5% in Q3 on strong global sales
Consumer Stocks

Domino's Pizza (DPZ) profit jumps 21.5% in Q3 on strong global sales

World's largest pizza company Domino's Pizza, Inc. (NYSE: DPZ) on Thursday reported a third-quarter net income of US$21.3 million, or a 21.5% YoY jump, helped by solid global retail sales. Announcing the results, Domino's Pizza CEO Ritch Allison s...

Wells Fargo (WFC), Morgan Stanley (MS) Q3 profits beat estimates
Financial Stocks

Wells Fargo (WFC), Morgan Stanley (MS) Q3 profits beat estimates

Highlights Wells Fargo Company (NYSE: WFC) revenue declined 2% YoY to US$18.83 billion in Q3. Morgan Stanley’s (NYSE: MS) revenue rose 26% YoY to US$14.8 billion in Q3. WFC stock gained 55%, while the MS stock jumped 44% YTD. Stocks...

Bank of America’s (BAC) Q3 profits beat forecast, deposits up 15%  
Financial Stocks

Bank of America’s (BAC) Q3 profits beat forecast, deposits up 15%  

Bank of America Corporation (NYSE: BAC) on Thursday reported strong third-quarter performance, boosted by robust merger and acquisition activities and growth in loan and lease segments. The company said that these activities, along with higher spe...

UnitedHealth (UNH) raises guidance on strong Q3 growth, revenue up 11%
Healthcare Stocks

UnitedHealth (UNH) raises guidance on strong Q3 growth, revenue up 11%

Highlights UnitedHealth Group (NYSE: UNH) declared third-quarter results on Thursday. The group served 146 million people across its businesses as of September 30, 2021. UNH posted revenue of US$72.3 billion and 23.5% return on equity in the t...

Taiwan chipmaker TSMC's Q3 net profit jumps 13.8% on global demand
Technology Stocks

Taiwan chipmaker TSMC's Q3 net profit jumps 13.8% on global demand

Highlights  The revenue for the July-September period surged 22.6% YoY to US$14.88 billion. TSMC's third-quarter profit rose 13.8% to US$5.56 billion (or 156.3 billion Taiwanese dollars). TSMC has raised its revenue guidance for 2021 to a...

Is investing in altcoins better than Bitcoin?
Cryptocurrency

Is investing in altcoins better than Bitcoin?

The debate around Bitcoin versus altcoins is heating up. There is a reason why. Bitcoin may be the most popular and biggest headline-making crypto, but altcoins are giving investors unbelievable returns. Source: Pixabay.com The pandemic, which ...

Bitcoin rally sees crypto market overtake Apple, Amazon 
Cryptocurrency

Bitcoin rally sees crypto market overtake Apple, Amazon 

A massive rally was seen in the cryptocurrency market when Bitcoin and other altcoins surged and overtook the world’s most valuable company Apple in terms of market capitalisation. Bitcoin’s rally ensured that the total market cap of th...