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Can these 5 altcoins hedge against inflation?
Cryptocurrency

Can these 5 altcoins hedge against inflation?

Price rise is pinching every household. From food and clothing to now energy prices, inflation is a matter of concern. Source: Pixabay.com With holiday shopping and inflation around the corner, the question arises as to whether crypto investment ...

EverGrow crypto set to explode in 2022? Know price prediction 
Cryptocurrency

EverGrow crypto set to explode in 2022? Know price prediction 

Highlights According to some crypto analysts, EverGrow cryptocurrency could outpace altcoins like Shiba Inu and DogeCoin. EverGrow Coin allows holders to earn a reward of eight per cent from every transaction in BUSD. EverGrow crypto crossed t...

How are 5 NZX energy stocks performing amid RBNZ’s latest report?
Climate Change

How are 5 NZX energy stocks performing amid RBNZ’s latest report?

On 26 October, the RBNZ released a report that summarised its actions to diminish and manage the risks related to climate change. Managing its own operational emissions, working directly with RBNZ-regulated entities on climate-related risk managem...

  • October 26, 2021 02:54 AM PDT
  • Sonal
Is Scalping Still an Effective Day Trading Strategy In 2021?
Investing Essentials

Is Scalping Still an Effective Day Trading Strategy In 2021?

It takes a lot of time and effort to be successful in forex day trading. You also need to know how and why the market moves and have steel in your nerves to trade it. If you want to scalp the market, you'll have to brush up on your expertise and hope...

After the launch of EIP-1559, Ethereum burn hits US$2 billion
Cryptocurrency

After the launch of EIP-1559, Ethereum burn hits US$2 billion

Highlights  Since the introduction of EIP-1559 on 5th August, around US$2 billion of Ether has been burned The EIP intends to prevent inflation, boost Ether's economic worth and stabilise the transaction fee market. Since the introduc...

What are GMR Finance cryptocurrency tokens?
World News

What are GMR Finance cryptocurrency tokens?

Highlights GMR crypto was developed as a gaming crypto, with an idea to bring the global gaming community together with its in-house token. Its token holders are rewarded with royalty for staking the token for longer periods. Owing to bearish ...

To the moon and back: NASA shares an update on the launch of Artemis I
World News

To the moon and back: NASA shares an update on the launch of Artemis I

Highlights  NASA’s plan to launch the test flight of Artemis I has been shifted to February 2022. Artemis I aims at sending humans to the moon to establish a sustainable and long-term presence of humans in their nearest neighbour. I...

China plans new property tax; here’s how it may hit Australia
Economy

China plans new property tax; here’s how it may hit Australia

Highlights China has announced plans to roll out a pilot real estate tax amid the ongoing rise in real estate speculation across the country. The National People's Congress Standing Committee has provided the nod to the latest plan to promote "...

  • October 25, 2021 07:51 PM PDT
  • Ashish
Facebook (FB) misses Q3 revenue estimates, profit up 17%  
Technology Stocks

Facebook (FB) misses Q3 revenue estimates, profit up 17%  

Facebook Inc (NASDAQ: FB) on Monday reported third-quarter profit of US$9.19 billion as its ad revenue saw modest growth despite a flurry of negative publicity over privacy and other issues. Facebook said it will create new reporting segments focu...

Tesla’s market value surpasses US$1 Tr on Hertz EV orders
World News

Tesla’s market value surpasses US$1 Tr on Hertz EV orders

Highlights Hertz Global Holdings (OTCPK: HTZZ) stock jumped after it announced plans to order 100,000 Tesla electric vehicles to expand its rental car fleet. According to Dow Jones Market Data, it took less than two years for Tesla to grow...

Why did Bakkt (BKKT), Coinbase (COIN) stocks jump on Monday?  
Cryptocurrency

Why did Bakkt (BKKT), Coinbase (COIN) stocks jump on Monday?  

Highlights Bakkt Holdings, Inc. (NYSE: BKKT) stock rallied after the news of its partnership with Mastercard Incorporated and strategic alliance with Fiserv Inc. Coinbase Global Inc (NASDAQ: COIN) stock gained 16% YTD since its NASDAQ listing i...

S&P, Dow Jones climb to fresh highs ahead of big tech earnings
Market Updates

S&P, Dow Jones climb to fresh highs ahead of big tech earnings

The S&P 500 Index and Dow Jones closed at record highs on Monday, October 25, ahead of quarterly earnings of big technology companies like Apple, Amazon, and Alphabet this week. The S&P was up 0.47% to 4,566.48. The Dow Jones rose 0.18% to 3...

Top artificial intelligence stocks to explore amid AI boom
Technology Stocks

Top artificial intelligence stocks to explore amid AI boom

Highlights Alphabet's revenue surged 62% YoY to US$61.88 billion in Q2, FY21. The revenue of Twilio Inc. (NYSE: TWLO) rose 67% YoY n Q2, FY21. The revenue of Twilio Inc. (NYSE: TWLO) rose 67% YoY n Q2, FY21.   A growing number of in...

Top companies to watch for quarterly earnings this week
Stock Market

Top companies to watch for quarterly earnings this week

Highlights Facebook, Inc. (NASDAQ: FB) will release its Q3 earnings on October 25 after the closing bell. Microsoft Corporation (NASDAQ: MSFT) will report its Q1, FY22 financial results on October 26 after the market close. Amazon.com, Inc. (N...

Seven most anticipated IPOs this week
IPO

Seven most anticipated IPOs this week

Highlights There have been more than 560 listings year to date. The third quarter alone has seen around 147 listings on NASDAQ. IPOs attract investors who want to capitalize on the prospect of the stock price rising after the initial public of...

Facebook to fuel more unrest, lionized startup culture: Whistleblower
World News

Facebook to fuel more unrest, lionized startup culture: Whistleblower

Highlights Appearing before a UK parliamentary committee, whistleblower Frances Haugen said that Facebook saw safety as a cost center and made hate "unquestionably" worse. Haugen cited the examples of Myanmar and Ethiopia to underscore her clai...

Kimberly-Clark revenue up 7%, OTIS raises 2021 outlook
Stock Market

Kimberly-Clark revenue up 7%, OTIS raises 2021 outlook

Highlights Kimberly-Clark Corporation’s (NYSE: KMB) net sales rose 7% YoY to US$5.0 billion. Otis Worldwide Corp’s (NYSE: OTIS) net sales were US$3.6 billion, up 10.8% YoY.  KMB lowers its annual revenue outlook, while OTIS r...

Community Bank’s (CBU) Q3 profits up; Lennox (LII) narrows guidance
Stock Market

Community Bank’s (CBU) Q3 profits up; Lennox (LII) narrows guidance

Highlights The Community Bank System, Inc’s (NYSE: CBU) total revenue rose by 2.8% YoY in Q3, FY21. The operating income of Lennox International Inc. (NYSE: LII) was US$162.7 million in Q3, FY21. Lennox expects its revenue growth to be b...

Does Bitcoin even have a resistance level? Let’s find out
Cryptocurrency

Does Bitcoin even have a resistance level? Let’s find out

Highlights Bitcoin’s resistance level is a technical indicator which may or may not be holding any clues. Moving averages rely on past price data, which in the case of Bitcoin can be very wide-ranging due to the underlying ultra-volatilit...