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Bharat Biotech to commence Phase 2/3 trial of its COVID-19 vaccine on children
World News

Bharat Biotech to commence Phase 2/3 trial of its COVID-19 vaccine on children

India-based Bharat Biotech will evaluate its COVID-19 vaccine in a Phase 2/3 clinical trial on children in the 2-18 age group. According to PTI report, the study will be performed on approximately 525 participants at several sites in India. Recent...

The New Crypto on the Block Bursts onto the Scene
Cryptocurrency

The New Crypto on the Block Bursts onto the Scene

Summary A new cryptocurrency, called Internet Computer, debuted on Monday, achieving a market value of US$45 billion, making it the eighth-largest digital currency in the world. The crypto’s ledger, Dfinity, aims to reduce costs and break...

APAC markets in red; Nissan shares crash 13%
World News

APAC markets in red; Nissan shares crash 13%

All the share markets in the Asia-Pacific (APAC) region were trading in red on Wednesday, as concerns over growing inflation spooked investors. The shares in Taiwan were the worst hit, as Taiwan Weighted Index crashed by 6.02% at the time of filin...

Why Domtar, Plug Power, Roblox Stocks Surged Today?
Stock Market

Why Domtar, Plug Power, Roblox Stocks Surged Today?

Summary Canada’s paper maker Paper Excellence will buy Domtar in a US$3billion deal. Plug Power delayed first-quarter results, expects 60 percent revenue growth in Q1. Gaming company Roblox’s first-quarter revenue jumped 140 percen...

US Economy Adds Record 1.8 Mn New Jobs in March As Hiring Slows
Economy

US Economy Adds Record 1.8 Mn New Jobs in March As Hiring Slows

Summary Food and accommodation sector creates the highest number of jobs at 185,000, followed by the education department at 155,000, and entertainment and recreation at 81,000. However, the number of jobs in the healthcare and social assistanc...

US Stock Market Retreats Ahead Of Inflation Data
Market Updates

US Stock Market Retreats Ahead Of Inflation Data

The U.S. stock market benchmark indexes Dow Jones Industrial Average and S&P 500 closed lower on Tuesday, May 11, while NASDAQ Composite Index ended almost flat ahead of the inflation data. The Dow Jones lost 473 points on Tuesday while S&P ...

Will Inflation Cut Short The US Real Estate Boom?
World News

Will Inflation Cut Short The US Real Estate Boom?

Summary Although borrowings became cheaper for new homebuyers, fewer houses in the market have driven up the house prices. The current housing sales figures may be the highest in the US in the last 40 years, say experts. The younger generation...

Palantir’s Strong Q1 Topline Growth Drives Up Stock Price
Technology Stocks

Palantir’s Strong Q1 Topline Growth Drives Up Stock Price

Summary The Denver-based data analytic company posted a topline growth of 49 percent. Palantir’s stock was trading at US$20.07, up 8.6 percent on Tuesday morning. For the second quarter, the company anticipates its revenue to increase 43...

10 Upcoming US IPOs To Watch Out In 2021
IPO

10 Upcoming US IPOs To Watch Out In 2021

Sumamry The San Francisco based Nextdoor, a social media company that runs an eponymous social networking site, is expected to go public in 2021. Founded in 2014, digital mortgage lender Better.com plans an IPO this year. Instacart’s mar...