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US stocks close mixed after choppy session
December 29, 2021 01:57 PM PST| By Versha JainBenchmark US indices closed mixed on Wednesday, December 29, after a choppy trading session as traders took a breather ahead of the New Year holidays. The S&P 500 climbed 0.14% to 4,793.06. The Dow Jones rose 0.25% to 36...
New Year’s Eve weather forecast delivers mixed bag across Australia
December 28, 2021 09:54 PM PST| By SamtaHighlights BOM issued critical weather warnings for Eastern Asia at New Year’s Eve. Melbourne can hit 38C, making it the second hottest day in 2021. Fire services will work as per events following the severe heatwave warnings .....
US markets close mixed, dragged down by tech, healthcare stocks
December 28, 2021 01:21 PM PST| By Versha JainBenchmark US indices closed mixed on Tuesday, December 28, dragged down by technology and healthcare stocks amid rising oil prices. The S&P 500 fell 0.10% to 4,786.35. The Dow Jones rose 0.26% to 36,398.21. The NASDAQ Composite fell 0.56% to 15,...
10 biggest scientific breakthroughs in 2021
December 25, 2021 05:52 AM PST| By Sanjeeb BaruahHighlights Researchers have made a ground-breaking discovery that can help people with paralysis to control their robotic limbs and wheelchair just by thinking about moving their bodies. On Nov 21, NASA’s Parker Solar Probe completed a re.....
US stocks rally ahead of holidays, consumer spending up
December 23, 2021 02:33 PM PST| By Versha JainBenchmark US indices closed in the green on Thursday, Dec 23, lifted by basic materials and industrial stocks amid a buoyant trading session as Christmas and New Year holidays approach. The S&P 500 climbed 0.62% to 4,725.79. The Dow Jones rose 0...
Pfizer gets FDA greenlight for first Covid-19 pill Paxlovid
December 22, 2021 03:51 PM PST| By Team Kalkine MediaThe US Food and Drug Administration (FDA) on Wednesday allowed Pfizer Inc (NYSE: PFE) to market its first Covid-19 pill that will enable the newly infected patients to take the treatment at home. The authorization allows doctors to prescribe the P.....
US stocks edge higher as Omicron fears fizzle
December 22, 2021 01:55 PM PST| By Rupam RoyUS stocks rallied for the second consecutive day on Wednesday, December 22, helping the indices close higher after a South African government report said Omicron is weaker than the Delta variant. The S&P 500 was up 1.02% to 4,696.56. The Dow Jon...
Elon Musk says he hit target of cutting Tesla stakes by 10%
December 22, 2021 01:07 PM PST| By Team Kalkine MediaShares of Tesla Inc (NASDAQ: TSLA) rallied on Wednesday after CEO Elon Musk told a news website in an interview that he reached the target of reducing his stake in the company by 10%. The stock jumped 7.3% to US$1,006.91 at 11.43 am after his comm.....
US indices rebound led by tech, energy stocks after Omicron plunge
December 21, 2021 02:57 PM PST| By Versha JainUS stocks closed higher on Tuesday, December 21, lifted by technology, energy, and consumer discretionary segments after a plunge in the previous session amid Omicron concerns. The S&P 500 climb...
US stocks retreat on Omicron, inflation concerns
December 20, 2021 05:11 PM PST| By Versha JainBenchmark US indices kicked off the week with a poor show on Monday, December 20, as stocks across industry segments slipped into the red amid Omicron and inflation concerns. The S&P...
What is special about NASA’s new James Webb telescope?
December 20, 2021 07:50 AM PST| By Versha JainHighlights NASA’s James Webb Space Telescope is an orbiting observatory set to launch at 07:20 am EST on Dec 24, 2021. The telescope will be used to learn about cosmic events dating back to around 13.8 billion years, just after the Big B.....
TikTok partners with Virtual Dining Concepts to start food business
December 19, 2021 10:45 PM PST| By Priyanka PayalHighlights TikTok has unveiled its plans to get into the restaurant business. Last week, TikTok partnered with Virtual Dining Concepts to kick-off delivery only TikTok Kitchen. Virtual Dining Concepts has successfully encouraged celebrit.....
Any ray of hope amid the contagious Omicron spread?
December 18, 2021 08:37 PM PST| By Jasmine AnandHighlights Omicron, the more contagious Covid-19 variant than any of its earlier versions, poses a lower risk to most individuals, reveal preliminary studies Chances of the need for hospitalisation if one ever gets infected by this variant, is .....
US stocks edge lower on interest rate worries
December 17, 2021 12:29 PM PST| By Rupam RoyBenchmark US indices drifted on Friday, December 17, after the market participants have evaluated the potential effect of the policy shifts by the world's largest central banks. The S&P 500 was down 0.87% to 4,628.25. The Dow Jones Industrial Av...
J&J, Sputnik & Sinopharm vaccines ineffective against Omicron: Study
December 17, 2021 08:32 AM PST| By Versha JainThe latest research study by the University of Washington and Humabs Biomed SA, a unit of Vir Biotechnology, showed that the COVID-19 vaccines made by China’s Sinopharm, Johnson and Johnson of the US, and Sputnik developed by Russia are .....
Five lessons for CEOs from Better .com episode
December 17, 2021 05:05 AM PST| By Manisha“The right mortgage could save you thousands,” says Better.com. However, recent episode at the digital mortgage firm ascertains that one wrong move, especially if recorded, is enough to cause irreparable damage. Better.com Chief Execut.....
US stocks close lower led by tech and consumer stocks
December 16, 2021 01:25 PM PST| By Versha JainBenchmark US indices closed in red on Thursday, December 16, driven by technology stock and Consumer stocks. Covid-19 remained a concern for investors amid global cues. The S&P 500 declined 0.87% to 4,668.67. The Dow Jones decreased 0.08% to 35,...
US stocks rally after Fed's tapering decision
December 15, 2021 01:30 PM PST| By Rupam RoyBenchmark US indices edged higher on Wednesday, December 15, after Federal Reserve has approved plans to accelerate the winding down of its asset-buying program. Meanwhile, the move to curb inflation paved a way for hikes in interest rates through ne...
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Keep an eye on these NASDAQ stocks in 2022
December 15, 2021 02:29 AM PST| By AayushHighlights The MSCI World Index has delivered a return of 22.31% for the one-year period ending 30 November 2021. A 40-year high inflation in the US and the emergence of the Omicron variant are concerns for investors. ABNB, DDOG, HRMY, etc., a.....
Apple hits US$3 Trillion milestone; US stocks slip on a consecutive day
December 14, 2021 01:09 PM PST| By Versha JainBenchmark US indices continued retreating on Tuesday, December 14, ahead of Federal Reserve’s policy decision on Wednesday after a two-day meeting. The central bank is expected to wind down the bond purchase faster than anticipated next year.&n...
