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Dogs of Elon debuts: 5 other popular NFT projects of 2021 to look at
Cryptocurrency

Dogs of Elon debuts: 5 other popular NFT projects of 2021 to look at

Non-fungible tokens are arguably the second most popular component of the blockchain universe. Crypto tokens are indeed the first. Source: Pixabay.com The latest in NFTs is the ‘Dogs of Elon’ art that pay homage to billionaire CEO of...

China is going broke!
World News

China is going broke!

Panic is a buzzword in the Chinese markets these days. It all started with Evergrande and seemed to have no end sight. Major Chinese real estate players have reported being unable to pay back their debts. Sinic Holdings, Modern Land, China Properties...

Why is retail theft on the rise and how can retailers safeguard themselves?
Stock Market

Why is retail theft on the rise and how can retailers safeguard themselves?

Highlights Most of the shoplifters when caught red-handed rationalise their actions by stating that the products are quite pricey. Recently, Walgreens announced that it plans to close five stores in San Francisco as organised retail crimes cont...

  • October 27, 2021 08:18 PM AEDT
  • Aayush
Autumn Budget: Top 10 expectations from Sunak
Economy

Autumn Budget: Top 10 expectations from Sunak

Highlights  The Autumn Budget is due to be delivered by Chancellor Rishi Sunak at the parliament on Wednesday. The Budget is set to come ahead of a rough winter due to rising fears of inflation and soaring energy prices, which have negativ...

Which are the top cryptocurrency performers during mid-week?
World News

Which are the top cryptocurrency performers during mid-week?

Highlights The global crypto market has been a witness to strong rallies among major cryptocurrencies. While on Monday, almost all the popular cryptos soared high. at mid-week, the excitement has eased out but not vanished. Solana, Shiba Inu, ...

Meet 2021’s richest women in the world
World News

Meet 2021’s richest women in the world

Every year Forbes releases its exclusive list of the world’s richest women in the world. This year’s list is all the more remarkable due to multiple reasons. 2021 is celebrating about 36% more women than the previous year: so the curren...

Gold price tumbles on firm dollar
Commodities

Gold price tumbles on firm dollar

Highlights Gold prices tumbled on Tuesday. Prices surpassed the mark of US$1,800 per ounce on Monday, the highest since August 2021. Investors have shifted their interest in equities, dimming the appeal of gold. Gold prices tumbled nearly...

Visa (V) beats profit estimate; Robinhood (HOOD) monthly users jump 76%
Stock Market

Visa (V) beats profit estimate; Robinhood (HOOD) monthly users jump 76%

Highlights Visa Inc’s (NYSE: V) net income increased to US$1.65 per share in the fourth quarter of FY2021, above analysts' estimate of US$1.54 a share, according to Refinitiv data. Visa’s total payment volumes rose 17% from the year...

AMD’s Q3 profits soar, Twitter (TWTR) hits 211 mn daily active users
Technology Stocks

AMD’s Q3 profits soar, Twitter (TWTR) hits 211 mn daily active users

Highlights Advanced Micro Devices, Inc’s (NASDAQ: AMD) revenue jumped 54% YoY in Q3, FY21. AMD raises revenue guidance for fiscal 2021 to 65% YoY from 60% projected earlier. Twitter, Inc’s (NYSE: TWTR) revenue surged 37% YoY in Q3,...

Alphabet Inc (GOOGL), Microsoft Corp see profits soar in Q3
Technology Stocks

Alphabet Inc (GOOGL), Microsoft Corp see profits soar in Q3

Highlights Alphabet Inc. (NASDAQ: GOOGL) posted revenue of US$65 billion, a 41% increase YoY in Q3, FY2021. Microsoft Corporation (NASDAQ: MSFT) revenue was US$45.3 billion, a 22% increase YoY, and its GAAP net income rose 48% YoY in ...

Top stocks with digital asset exposure to keep an eye on
Cryptocurrency

Top stocks with digital asset exposure to keep an eye on

The crypto craze is creating a strong tailwind for companies engaged in various related activities. Blockchain-based products like cryptocurrencies, tokens, NFTs, DeFi protocols, etc., are catching the imagination of people around the globe at a ti...

US markets scale fresh highs on upbeat earnings, housing data
Market Updates

US markets scale fresh highs on upbeat earnings, housing data

S&P 500 and Dow Jones closed at record highs for the second consecutive day on Tuesday, October 26, while Nasdaq rallied as quarterly results kept the markets in high spirits. The S&P was up 0.18% to 4,574.79. The Dow Jones Industrial Averag...

NextEra to Bloom Energy: 5 renewable stocks gear up for green race
Energy Stocks

NextEra to Bloom Energy: 5 renewable stocks gear up for green race

The clean energy sector is one of the most discussed topics around the world today. It is one of the top priority areas for governments in the fight against global warming. The global push for green energy has accelerated the development of the sec...

Lockheed (LMT) lowers guidance; Sherwin-Williams (SHW) flags supply woes
Industrial Stocks

Lockheed (LMT) lowers guidance; Sherwin-Williams (SHW) flags supply woes

Defence firm Lockheed Martin Corporation (NYSE: LMT) and paint and coating manufacturer Sherwin-Williams Company (SHW) reported their third-quarter results on Tuesday. The LMT stock fell over 10%, while the SHW stock rose about 2% in int...

General Electric Co (GE) revises guidance upward after Q3 profits
Industrial Stocks

General Electric Co (GE) revises guidance upward after Q3 profits

Highlights The General Electric Co’s (NYSE: GE) revenue from the jet engine and service division rose by 9.7% YoY to US$5.4 billion in the latest quarter. In addition, GE’s industrial free cash flow of US$1.7 billion was higher tha...

Raytheon (RTX) raises sales guidance, 3M (MMM) narrows EPS outlook
Industrial Stocks

Raytheon (RTX) raises sales guidance, 3M (MMM) narrows EPS outlook

Highlights Raytheon Technologies Corporation’s (NYSE: RTX) net sales surged 10% YoY in Q3, FY21. Raytheon projected its annual net sales to be US$64.5 billion in fiscal 2021. The 3M Company’s (NYSE: MMM) net sales rose by 7.1% YoY ...

Eli Lilly (LLY), Novartis (NVS) profits up on robust sales growth
Healthcare Stocks

Eli Lilly (LLY), Novartis (NVS) profits up on robust sales growth

Highlights Eli Lilly and Company (NYSE: LLY) posted Q3 revenue of US$6.773 billion, up 18% YoY. Novartis AG’s (NYSE: NVS) net income rose 43% YoY to US$2.8 billion on net sales of US$13.0 billion. LLY raises revenue forecast for 2021; NV...

Biden orders lifting covid travel restrictions, clamps new rules
World News

Biden orders lifting covid travel restrictions, clamps new rules

Highlights Biden said the earlier rules for country-by-country restrictions are no longer needed. The US imposed extraordinary travel restrictions in 2020 to stop the spread of Covid-19. The decree further states that travellers from some 50 s...

UPS lifts guidance as demand, higher shipping costs boost Q3 results
Industrial Stocks

UPS lifts guidance as demand, higher shipping costs boost Q3 results

Highlights United Parcel Service Inc’s (NYSE: UPS) third-quarter 2021 consolidated revenue jumped 9.2% YoY to US$23.2 billion. UPS CEO Carol Tomé said the results reflect the company’s sustained efforts to ensure productivit...

Elon Musk’s crypto holdings & how they’ve performed in 2021
Cryptocurrency

Elon Musk’s crypto holdings & how they’ve performed in 2021

Highlights  Elon Musk played a role in the recent rise and then fall in the price of the Shiba Inu crypto. In a tweet to a Twitter user, Mr. Musk revealed his crypto holdings. Whether he gains in the medium-to-long term on his crypto hold...