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Is pandemic the real reason behind the ‘Bitcoin Boom?’
Cryptocurrency

Is pandemic the real reason behind the ‘Bitcoin Boom?’

For the past two years in my work-from-home stint, news around the Bitcoin has time and again caught my attention. When I look at the way the price of Bitcoin has moved over the last twelve months, I wonder — is the pandemic and the millions of...

Can Dogecoin make millennials rich? How much would it be worth by 2030?
Cryptocurrency

Can Dogecoin make millennials rich? How much would it be worth by 2030?

Summary Dogecoin was launched in 2014 as a joke designed to satirise other cryptos. Dogecoin’s value and its correlation to celebrity tweets has triggered scepticism among experts. Today, the price of Dogecoin is around US$0.31 cents - a...

How to look for the best healthcare stocks?
Investing Essentials

How to look for the best healthcare stocks?

The Healthcare sector is vast and has many blue-chips as well as small players to select from in various sub-industries. Moreover, healthcare is a human necessity which means that the demand for healthcare services usually remains unchang...

Is Cardano better than Bitcoin?
Cryptocurrency

Is Cardano better than Bitcoin?

Summary Cardano can be termed as a third-generation cryptocurrency, offering enhanced functionality. Cardano can handle at least 257 transactions a second compared to Bitcoin’s 5 transactions a second. The supply of Cardano is capped at ...

  • June 16, 2021 08:33 PM PDT
  • Aayush
APAC shares in red after Fed signals rate hikes in 2023
World News

APAC shares in red after Fed signals rate hikes in 2023

The equity markets in the Asia Pacific (APAC) region were trading in red on Thursday after the US Federal Reserve signalled at preponing the hike in interest rates to 2023. The move by the Fed has cut short the record run of the benchmark Australi...

Fed signals rate hike by 2023, expects 7% GDP growth this year
Economy

Fed signals rate hike by 2023, expects 7% GDP growth this year

Summary Currently, the bank’s interest rates are near zero; it also buys around US$120 billion worth of treasury bonds at low-interest rates monthly. Fed Chairman Jerome Powell said discussions would continue before a final decision; he d...

US Federal Reserve shifts its rate hike timeline to 2023
World News

US Federal Reserve shifts its rate hike timeline to 2023

Summary The US Fed has raised the inflation expectations for this year. The central bank has brought forward the timeline for rate hikes. The Dow30 slipped in the red after the announcement. Raising the estimates for the inflation this ye...

Top 10 energy stocks to explore in US
Energy Stocks

Top 10 energy stocks to explore in US

Summary TPL’s revenue for the quarter ended March 31, 2021, was US$84.16 million compared to US$96.59 million in the corresponding period of 2020. PXD’s total revenue for the quarter ended March 31, 2021, was US$3.06 billion, up 52%...

What is SafeMoon crypto?
Cryptocurrency

What is SafeMoon crypto?

Summary SafeMoon is a cryptocurrency and costs only a few cents. It's cheaper than any other cryptocurrencies. SafeMoon charges 10% of its value as a fee from the seller. It has teamed up with the UK-based financial company Simplex for payment...

US stocks dip on Fed's rate-hike plan for 2023
World News

US stocks dip on Fed's rate-hike plan for 2023

Benchmark US indices closed lower on Wednesday, June 16, after the Federal Reserve signalled that it might consider increasing the interest rates in 2023 if the inflationary pressures do not ease. The S&P 500 was down 0.54% to 4,223.70. The Dow ...

Ten stocks under US$50 to explore
Stock Market

Ten stocks under US$50 to explore

Summary The Simply Good Foods Company reported a net income of US$19.9 million in Q2 of 2021. Corning Incorporated reported core sales of US$3.3 billion, or US$0.67 per share in Q1 of 2021. Arrival Ltd. had US$625 million in cash and cash equi...