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UK launches world’s first green savings bond: What the savers can get?
Economy

UK launches world’s first green savings bond: What the savers can get?

Highlights The UK launched the world’s first retail green savings bond, issued by the National Savings and Investments The move follows after the UK has raised a total of £16 billion in green sovereign bonds since the last month ...

Bitcoin Trading’s Hard Enough Without Binance Psyching Us Out
Cryptocurrency

Bitcoin Trading’s Hard Enough Without Binance Psyching Us Out

It’s not easy being a Bitcoin trader. While there is money to be made there, the price of Bitcoin is about as stable as Jonah Hill’s weight on any given movie. If you’ve ever gone to dinner with a friend who has a current Bitcoin ...

What is Worldcoin? A sci-fi or real cryptocurrency?
Cryptocurrency

What is Worldcoin? A sci-fi or real cryptocurrency?

As the demand for cryptocurrencies surges worldwide, startups are looking for creative ways to attract crypto enthusiasts. In a first, a company called Worldcoin has said that it would scan people's eyes and reward them with digital currency. ...

NZ Government discloses new traffic light system and business support package
World News

NZ Government discloses new traffic light system and business support package

Highlights  The NZ government revealed its new COVID Protection framework on Friday, which includes 3 traffic light systems once all DHBs achieve 90% vaccination rates. The new framework will involve red, orange and green settings, which w...

  • October 22, 2021 12:18 AM PDT
  • Sonal
What Squid Game teaches about finance: 4 key takeaways
Investing Essentials

What Squid Game teaches about finance: 4 key takeaways

Highlights One of the biggest ever Netflix hits, ‘Squid Game’ has captured the world’s imagination in a short span of time. Set in Seoul, the Korean show revolves around 456 cash-strapped players, lured into playing a slew of ...

  • October 21, 2021 10:55 PM PDT
  • Ashish
Why falling inflation is not good news
Economy

Why falling inflation is not good news

Highlights UK headline inflation dropped from 3.2% in August to 3.1% in September as per latest ONS figures. In the recent months, inflation has been above the 2% target set by the UK Government, with expectations of hitting 4% by the end of th...

What makes trading in Quant crypto different from others
World News

What makes trading in Quant crypto different from others

Highlights Quant trading has been quite popular, owing to its unique concept and strategy. Its operating system, Overledger, integrates multiple DLTs from various blockchains for speedier and efficient growth. Its unique strategies, which comp...

Crude oil tumbles after hitting record highs
Commodities

Crude oil tumbles after hitting record highs

Highlights Crude oil prices tumbled on Thursday. Winter weather in most parts of the US is expected to be warmer than average. Oil also came under pressure due to a drop in natural gas and coal prices. Crude oil prices tumbled on Thursday...

Five hot small-cap stocks that gave over 390% return YTD
Smallcap Stocks

Five hot small-cap stocks that gave over 390% return YTD

Small-cap stocks are publicly traded companies with a market cap of between US$300 million and US$ 2 billion. The share prices of these companies can be volatile at times. Hence, some small-cap stocks sometimes climb higher than their peers. Howev...

Dow Inc. (DOW) total revenue jumps 53% in third quarter
Industrial Stocks

Dow Inc. (DOW) total revenue jumps 53% in third quarter

Highlights Dow Inc’s (NYSE: DOW) net sales were up 53% YoY to US$14.8 billion, and the GAAP EPS was US$2.23 in the quarter. The GAAP net income was US$1.7 billion, while the operating EBIT1 was US$2.9 billion, up over US$2.1 billion from ...

S&P 500 closes at all-time high as tech shines, inflation jitters fade
Market Updates

S&P 500 closes at all-time high as tech shines, inflation jitters fade

The S&P 500 Index closed at an all-time high on Thursday, October 21, helped by gains in technology stocks, while Nasdaq concluded the session in the green, Dow Jones slipped. The S&P 500 was up 0.30% to 4,549.78. The Dow Jones fell 0.02% to...

American Airlines Group (AAL) posts third-quarter profit of US$169 million
Industrial Stocks

American Airlines Group (AAL) posts third-quarter profit of US$169 million

Highlights American Airlines’ net profit was US$169 million, or US$0.25 per diluted share, in the third quarter. The Texas-based airline plans to operate over 6,000 daily flights during peak days in the fourth quarter. Its average daily ...

IBM stock dives 9% after lackluster third-quarter results
Technology Stocks

IBM stock dives 9% after lackluster third-quarter results

Highlights IBM’s (NYSE: IBM) revenue rose by 0.3% YoY to US$17.6 billion in the quarter. The net cash from operating activities was US$2.7 billion. Its revenue from cloud & cognitive software was US$5.7 billion, up 2.5% YoY, and cloud...

Crocs Inc. (CROX) stock jumps on strong Q3 results, revenue guidance
Retail Stocks

Crocs Inc. (CROX) stock jumps on strong Q3 results, revenue guidance

Highlights Crocs’ revenue jumped 73.0% YoY to US$625.9 million, helped by strong sales growth, mainly in the Americas, followed by Asia Pacific, Europe, Middle East, and Africa. The company’s online sales accounted for 36.8% of the ...

SAP SE (SAP) raises guidance, Union Pacific (UNP) posts higher profits
Stock Market

SAP SE (SAP) raises guidance, Union Pacific (UNP) posts higher profits

Highlights SAP SE (NYSE: SAP) adjusted revenue surged 5% YoY in Q3, FY21. SAP expects its cloud and software revenue to be between €23.8 billion and €24.2 billion in FY21. Union Pacific Corporation’s (NYSE: UNP) operating reven...

Southwest Airlines’ (LUV) Q3 revenue up YoY but down from 2019 levels
Industrial Stocks

Southwest Airlines’ (LUV) Q3 revenue up YoY but down from 2019 levels

Highlights Southwest Airlines Co’s (NYSE: LUV) operating revenues rose by 161.0% YoY to YS$4.7 billion but fell 17.0% compared with Q3 of 2019 due to the pandemic. The company’s operating revenue per available seat mile (RASM) was ...

Blackstone (BX), Freeport (DCX) post record Q3 earnings as sales soar
Stock Market

Blackstone (BX), Freeport (DCX) post record Q3 earnings as sales soar

Highlights Blackstone Inc’s (NYSE: BX) earnings were US$1.4 billion, or US$1.94 a share, compared to US$794.7 million, or US$1.13 a share, a year earlier. Blackstone’s distributable earnings more than doubled to US$1.6 billion in th...

Danaher (DHR), AT&T (T) profit soars in Q3, beat expectations
Stock Market

Danaher (DHR), AT&T (T) profit soars in Q3, beat expectations

Highlights Danaher Corporation’s (NYSE: DHR) gross profit was US$4.35 billion in Q3, FY21. AT&T Inc. (NYSE: T) adds 928,000 postpaid phone subscribers in the third quarter. AT&T’s operating income was US$7.10 billion in Q3,...

Will Bitcoin bears circle once again after achieving ATH?
Cryptocurrency

Will Bitcoin bears circle once again after achieving ATH?

With almost 600% surge in price, the bitcoins had quite a dramatic year so far. The rally in bitcoins seem to be surging with every passing week and is expected to touch newer highs in near future. After breaching the all-time high barrier on Wedne...