World news

IPO Gamble in a Confidential Way: Uptick in floats and Palantir is under the spotlight

July 08, 2020 10:38 PM AEST| By Team Kalkine Media

Summary Amid pandemic, the IPO market grounded to a near halt from a past couple of months; we are beginning to witness some movement again, and Palantir new business move might usher in more activity. Palantir Technologies has confidentially f...

Global Equity Markets: High-Level Punting by Retail Investors, Watch Out the Trends

July 08, 2020 10:30 PM AEST| By Hina Chowdhary

While COVID-19 driven volatility continues to persist in the global equity markets, a surge in retail investor participation has been observed in stock markets lately. Investors seem to be piling into beaten-down stocks of fundamentally sound compa...

E-commerce Titan Amazon shares traded above $3,000; would the rally continue in post-pandemic phase?

July 08, 2020 03:00 PM AEST| By Team Kalkine Media

Summary Nasdaq Composite index closed at a record high of 10,443.65 points, up by 2.21%, on 6 July 2020, driven primarily by tech giants gains. 6 July 2020 was an epic day for Amazon as the shares of e-commerce giant soared 5.77% and closed the...

Good Note From COVID-19: Prospering Companies Amid Pandemic

July 07, 2020 05:42 PM AEST| By Team Kalkine Media

Summary Amid COVID 19, companies must incorporate pandemic planning considerations into resilience management activities to provide comprehensive response & continuity for their most critical products and services In a dismal year for most ...

How are the Unicorns doing?

July 07, 2020 12:00 PM AEST| By Team Kalkine Media

Summary Crunchbase’s unicorn list has added 44 new entities within a year which were valued cumulatively at US$64 billion and have raised US$12 billion cumulative funding with an average deal of US$300 million. Unicorn companies are the m...

Are the tides turning against Chinese tech companies?

July 07, 2020 12:00 PM AEST| By Team Kalkine Media

Summary Many economies such as the US, UK, India, Canada, are now singing the same tune and turning the tide against Chinese vendors by excluding them or at least taking them out from their core 5G network. The U.S. FCC deems Huawei and ZT...

Chinese Stocks on Fire, Déjà vu or This time is different?

July 07, 2020 12:00 PM AEST| By Team Kalkine Media

Summary CSI 300 Index representing overall performance of China A-share market gained 14% in the five days to trade at a five-year high, fuelled by state media signalling towards a boost required in the equity market fostering economic growth R...

Citizens of Hongkong glance towards exits as China foists security law on them

July 02, 2020 12:00 PM AEST| By Team Kalkine Media

China’s decision to impose national security law, which was drafted and approved in a swift and secretive process, on Hong Kong has strengthened Beijing’s authoritarian rule over the territory. In the last week of May, the Central gove...