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News
Tesla’s market value surpasses US$1 Tr on Hertz EV orders
October 26, 2021 11:42 AM AEDT| By Sanjeeb BaruahHighlights Hertz Global Holdings (OTCPK: HTZZ) stock jumped after it announced plans to order 100,000 Tesla electric vehicles to expand its rental car fleet. According to Dow Jones Market Data, it took less than two years for Tesla to grow...
Why did Bakkt (BKKT), Coinbase (COIN) stocks jump on Monday?
October 26, 2021 09:51 AM AEDT| By Ipsita SarkarHighlights Bakkt Holdings, Inc. (NYSE: BKKT) stock rallied after the news of its partnership with Mastercard Incorporated and strategic alliance with Fiserv Inc. Coinbase Global Inc (NASDAQ: COIN) stock gained 16% YTD since its NASDAQ listing i...
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S&P, Dow Jones climb to fresh highs ahead of big tech earnings
October 26, 2021 08:43 AM AEDT| By Sanjeeb BaruahThe S&P 500 Index and Dow Jones closed at record highs on Monday, October 25, ahead of quarterly earnings of big technology companies like Apple, Amazon, and Alphabet this week. The S&P was up 0.47% to 4,566.48. The Dow Jones rose 0.18% to 3...
Top companies to watch for quarterly earnings this week
October 26, 2021 07:24 AM AEDT| By Ipsita SarkarHighlights Facebook, Inc. (NASDAQ: FB) will release its Q3 earnings on October 25 after the closing bell. Microsoft Corporation (NASDAQ: MSFT) will report its Q1, FY22 financial results on October 26 after the market close. Amazon.com, Inc. (N...
Seven most anticipated IPOs this week
October 26, 2021 06:06 AM AEDT| By Sanjeeb BaruahHighlights There have been more than 560 listings year to date. The third quarter alone has seen around 147 listings on NASDAQ. IPOs attract investors who want to capitalize on the prospect of the stock price rising after the initial public of...
Facebook to fuel more unrest, lionized startup culture: Whistleblower
October 26, 2021 05:59 AM AEDT| By Sanjeeb BaruahHighlights Appearing before a UK parliamentary committee, whistleblower Frances Haugen said that Facebook saw safety as a cost center and made hate "unquestionably" worse. Haugen cited the examples of Myanmar and Ethiopia to underscore her clai...
Kimberly-Clark revenue up 7%, OTIS raises 2021 outlook
October 26, 2021 03:46 AM AEDT| By Ipsita SarkarHighlights Kimberly-Clark Corporation’s (NYSE: KMB) net sales rose 7% YoY to US$5.0 billion. Otis Worldwide Corp’s (NYSE: OTIS) net sales were US$3.6 billion, up 10.8% YoY. KMB lowers its annual revenue outlook, while OTIS r...
Community Bank’s (CBU) Q3 profits up; Lennox (LII) narrows guidance
October 26, 2021 02:30 AM AEDT| By Ipsita SarkarHighlights The Community Bank System, Inc’s (NYSE: CBU) total revenue rose by 2.8% YoY in Q3, FY21. The operating income of Lennox International Inc. (NYSE: LII) was US$162.7 million in Q3, FY21. Lennox expects its revenue growth to be b...
Does Bitcoin even have a resistance level? Let’s find out
October 26, 2021 12:59 AM AEDT| By Ankit SethiHighlights Bitcoin’s resistance level is a technical indicator which may or may not be holding any clues. Moving averages rely on past price data, which in the case of Bitcoin can be very wide-ranging due to the underlying ultra-volatilit...
After Shiba Inu’s rally, 5 meme cryptos to watch in 2022
October 25, 2021 10:19 PM AEDT| By Ankit SethiMemes are no longer just for sarcasm or a funny take on something. They have spawned crypto tokens, and a few have multi-billion-dollar market capitalizations. Source: Pixabay.com Yes, we are talking about Dogecoin (DOGE), and its biggest r...
GMR's volume soars over 5000%. Where to buy GMR crypto?
October 25, 2021 09:34 PM AEDT| By Raza NaqviHighlights GMR is the native utility token of GMR Finance, a project for the gaming community. The native GMR token is a deflationary BEP20 token from the Binance Smart Chain and was launched with a fixed supply of 1 quadrillion tokens.&n...
Looking to trade Bitcoin? Here are three important technical indicators
October 25, 2021 08:50 PM AEDT| By AayushTrading in Bitcoin or any other cryptocurrencies is a different ball game. The extreme volatility of these new-age coins can make them difficult to trader even for some experienced traders. With Bitcoin having marked a new all-time high of almost U...
Why are altcoins gaining strength in the cryptocurrency market?
October 25, 2021 07:21 PM AEDT| By SamtaAccording to various media reports, Altcoins have surged over 60% of the cryptocurrency market in October 2021. This article will walk you through - why are altcoins gaining strength in the cryptocurrency market. What is altcoin? Cryptocur...
Shiba Inu soars on a record-breaking bull run to become the 13th largest crypto
October 25, 2021 06:45 PM AEDT| By Aditi SahaHighlights The "dogecoin killer" reached new highs over the weekend, becoming the 13th-largest cryptocurrency in terms of market cap. On October 24, SHIB reached an all-time high, and the price touched $0.00003995, according to CoinGecko.com. ...
Six investment myths one should stop assuming about
October 25, 2021 05:50 PM AEDT| By Team Kalkine MediaStock market investment isn’t a loss-making proposition. However, most people get worried because of a lack of knowledge or unsure if it makes for a good investment. Knowledge obtained from people who aren’t subject experts adds to the...
7 hot S&P 500 companies that gave over 30% return in 3 months
October 25, 2021 05:48 PM AEDT| By Team Kalkine MediaThe market has traded choppy over the past few weeks as concerns over inflation, labor shortage, and supply chain disruptions weighed on investors' minds. In addition, the uncertainty over Fed's tapering timeline kept traders away from risky bets. ...
Is Rubic Altcoin Redefining Trading?
October 25, 2021 05:32 PM AEDT| By Daniel Paul JohnsHighlights The aim of Rubic crypto is to deliver a complete one-stop decentralised trading platform. Amongst other things, Rubic allows its users to make a swap between different networks using integrated and created bridges between those netwo...
CryptoPunk now in an art gallery near you
October 25, 2021 12:42 PM AEDT| By Kiara KhannaNFT creators like Beeple are taking the world of NFTs by storm. Now the NFT owners are pushing it a notch higher in their quest to show off the world something that they bought by spending millions of dollars. Now you can get hold of world-famous N...
Here’s how the unemployment dynamics changed in the pandemic
October 24, 2021 06:48 PM AEDT| By Sukriti NairGlobally, economies are facing various challenges. Unemployment is the one of the significant one. To curb them, various initiatives are on. Governments are making special budgets for jobless claims. Some are trying their best to create jobs. Howev...
Saudi Aramco to achieve net zero emissions by 2060
October 24, 2021 04:23 PM AEDT| By Sukriti NairSaudi Arabian energy giant Saudi Aramco has set its net zero emissions target to 2060. On Saturday, Aramco chief Amin Nasser declared that the energy major aims to reduce emissions from operations by 2050. The news was shared at the Saudi Green Ini...
