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Covid cases surge again: Will there be another lockdown?
Economy

Covid cases surge again: Will there be another lockdown?

Highlights On Monday, new Covid cases reported in the UK were 49,156, highest reported since 17 July this year. The UK government is relying on the success of vaccination programme to avoid imposing fresh restrictions again this winter. &n...

Can Bitcoin end 2021 with a price tag of $100,000?
Cryptocurrency

Can Bitcoin end 2021 with a price tag of $100,000?

A few hiccups aside, 2021 has been a great year for Bitcoin and its backers. Where does Bitcoin go from here? Will the world’s largest crypto asset soon touch the US$100,000 mark? A few analysts believe that the resistance level of BTC is ap...

What is bamboo app? How does it work?
Cryptocurrency

What is bamboo app? How does it work?

The cryptocurrency investment space is becoming more competitive. Players with their unique offerings are finding patronage. Non-fungible token (NFT) space is gaining traction, and Coinbase NFT has come to compete with OpenSea, which claims to be t...

What is the LunarCrush crypto?
Cryptocurrency

What is the LunarCrush crypto?

Cryptocurrencies are becoming increasingly popular, and even countries have started adopting virtual currency as a legal tender. As one of the most popular investment options today, joining the community of crypto investors without sufficient knowl...

'Psychic' Mr Goxx is more than a force to reckon with
Cryptocurrency

'Psychic' Mr Goxx is more than a force to reckon with

Mr Goxx, a pet hamster, grabbed headlines worldwide when his interest in crypto trading took the world by storm and managed to impress likes of Elon Musk and others. His unique modus operandi, where he runs on a hamster wheel and selects what...

The Crypto Hype is Scaring me more than Halloween!
Cryptocurrency

The Crypto Hype is Scaring me more than Halloween!

The word Crypto is trending and has been trending for quite some time now. The craze that this digital currency has caused is immense and an immeasurable now. According to Coinmarket, the market has grown from around US$16 billion to US$2.9 trillion ...

How are 5 NZX energy stocks aiding clean projects in 2021?
Climate Change

How are 5 NZX energy stocks aiding clean projects in 2021?

Highlights  The NZ government has committed $1.3 billion to support countries most exposed to climate change. Trustpower appointed Catherine Thompson as General Manager, Regulatory and Risk, on Tuesday. Z Energy declared that the last day...

  • October 18, 2021 11:54 PM PDT
  • Sonal
Is Fantom About To Explode?
Cryptocurrency

Is Fantom About To Explode?

This year has seen a marked shift in the value distribution dynamics of the cryptocurrency market. Although Bitcoin still remains the most valuable digital asset, the dominance gap has been significantly diminished by Ethereum’s rapid growth....

Why Tether’s US$41 Million Fine Is a Cause for Concern?
Cryptocurrency

Why Tether’s US$41 Million Fine Is a Cause for Concern?

One of the biggest downsides of cryptocurrency is its volatility. A look at Bitcoin this year alone gives a solid indication of just how unstable the value of digital currencies can be at any given moment. This is where the demand for stablecoins ...

Crude oil tumbles as US factory data deepens demand concerns
Commodities

Crude oil tumbles as US factory data deepens demand concerns

Highlights Crude oil edged lower on Monday. The production at the US factories tumbled to the lowest level in September. China's third-quarter economic growth has been dropped to the lowest level in the year due to power shortages. Crude ...

Inside Apple Unleashed: Which new products were showcased?
Economy

Inside Apple Unleashed: Which new products were showcased?

After focusing on iPhones and Apple Watches a month ago, Apple has now unveiled a whole bunch of new devices, including iPhones, iPads, and the latest Apple Watch. On 18 October 2021, the Cupertino-based tech giant announced new products namely Mac...

  • October 18, 2021 06:11 PM PDT
  • Ashish
PROG, ADMP stocks jump after FDA approval, patent rights
Healthcare Stocks

PROG, ADMP stocks jump after FDA approval, patent rights

Highlights Progenity, Inc. (NASDAQ: PROG) secured four patents for ingestible technologies from the US Patent and Trademark Office (USPTO). The PROG stock grew nearly 47% since the patent announcement on October 13. Adamis Pharmaceuticals Cor...

FuelCell (FCEL), Peabody (BTU) stocks gain traction on upbeat outlook
Energy Stocks

FuelCell (FCEL), Peabody (BTU) stocks gain traction on upbeat outlook

Highlights FuelCell Energy, Inc. (NASDAQ: FCEL) rose 18% on an upbeat energy outlook. Peabody Energy Corporation (NYSE: BTU) jumped on preliminary unaudited financial results for the September quarter. The full result is likely to come on Octob...

Seven Robinhood stocks to explore this festive season
Stock Market

Seven Robinhood stocks to explore this festive season

Highlights Ford Motor Company (NYSE: F) will invest around US$316 million to build EV components at its Halewood factory in England. Apple Inc. (NASDAQ: AAPL) announced a new subscription tier for Apple Music and Apple Music Voice Plan. NIO In...

S&P 500, Nasdaq rise on tech gains, Dow slips
Market Updates

S&P 500, Nasdaq rise on tech gains, Dow slips

The S&P 500 and tech-savvy Nasdaq closed higher on Monday, October 18, bolstered by gains in technology stocks and upbeat corporate earnings. The S&P 500 was up 0.34% to 4,486.46. The Dow Jones fell 0.10% to 35,258.61. The NASDAQ Composite r...

Seven AAA-rated ESG firms: A look at how these stocks faring
Stock Market

Seven AAA-rated ESG firms: A look at how these stocks faring

Highlights Microsoft Corporation (NASDAQ: MSFT) stock rose 40% year-to-date. The EPS diluted increased to US$7.97 for FY 2021 compared to US$5.76 in FY 2020. Best Buy Co., Inc. Common Stock (NYSE: BBY) stock gave a 15% return YTD. Its dividend...

From Netflix, Tesla to Intel - top stocks to watch this week
Stock Market

From Netflix, Tesla to Intel - top stocks to watch this week

Highlights Netflix, Inc. (NASDAQ: NFLX) will release its quarterly earnings on October 19 after the closing bell. Tesla, Inc. (NASDAQ: TSLA) will release its Q3 results on October 20 after the market close. Intel Corporation (NASDAQ: INTC) is ...

Facebook (FB) stock shrugs off recent losses, jumps 3% on Europe job plan
World News

Facebook (FB) stock shrugs off recent losses, jumps 3% on Europe job plan

The Facebook Inc (NASDAQ: FB) stock was up more than 3% in intraday trading, hours after it announced plans to hire up to 10,000 specialists in Europe to help develop a metaverse. The FB stock traded at US$334.935 at 1:32 pm ET on Monday. Faceboo...

Former secretary of state Colin Powell dies aged 84
World News

Former secretary of state Colin Powell dies aged 84

Former US Secretary of State Colin Powell died at the age of 84 on Monday, his family said. The retired four-star general and former national security adviser had been unwell for some time. Powell was undergoing cancer treatment at the Walter Reed ...

STT, ACI stocks rally after quarterly results, dividend increase
Stock Market

STT, ACI stocks rally after quarterly results, dividend increase

Highlights The State Street Corp’s (NYSE: STT) total revenue surged 7% YoY in Q3, FY21. Albertsons Companies, Inc. (NYSE: ACI) has raised its adjusted EPS forecast to around US$2.50 to US$2.60 in fiscal 2021. After solid Q3 results, the ...

Top US retailers get ready to capitalize on holiday sales, boost stocks
Economy

Top US retailers get ready to capitalize on holiday sales, boost stocks

Highlights Amazon.com, Inc. (NASDAQ: AMZN) had recently announced plans to hire 150,000 seasonal jobs across the US. Target Corporation (NYSE: TGT) has expanded its partnership with LEGO for a limited-edition collection under US$30.0, ahead...