News

Over 100 million people in Africa at risk of climate change?

October 21, 2021 12:20 PM AEDT| By Toshiva Jain

Highlights A recent report by the World Meteorological Organization suggested that about 1.2 million people had replaced their locations because of storms and floods in Africa. The report further suggested that if the pace remains the same, the...

Why Facebook’s Name Change Goes Against Conventional Marketing Wisdom

October 21, 2021 12:18 PM AEDT| By Daniel Paul Johns

In 2009, The Social Network – a film which chronicled the relationship of two Harvard friends who would go on to create perhaps the most revolutionary website in history – there’s a scene where the two friends awkwardly sit in an ...

Baker Hughes’ income up 72%, M&T Bank profits soar in third quarter

October 21, 2021 12:00 PM AEDT| By Ipsita Sarkar

Highlights Baker Hughes Company’s (NYSE: BKR) non-GAAP adjusted operating income was US$402 million, up 72% YoY. M&T Bank Corporation’s (NYSE: MTB) net income was US$495 million, up 33%, from US$372 million in the year-ago quar...

Bitcoin soars to an all-time high, on track to close year at US$80,000

October 21, 2021 11:10 AM AEDT| By Ipsita Sarkar

Highlights Bitcoin trumped its earlier record set in April after it jumped to US$66,465.58 on Wednesday, buoyed by positive developments in the market. Experts polled by finder.com also predicted Bitcoin to touch over US$249,000 by October 2025...

What’s in store for Facebook in 2022 after a year of hurdles?

October 21, 2021 09:55 AM AEDT| By Sanjeeb Baruah

The first nine months of 2021 have been difficult for Facebook, marred by relentless hurdles that seemed almost unassailable. And as the year draws to an end, it is perhaps a time of reflection and learning for Facebook and preparing for a new year...

US indices close flat as healthcare, utility stocks gain

October 21, 2021 09:25 AM AEDT| By Sanjeeb Baruah

S&P 500 and Dow Jones closed higher on Wednesday, October 20, pulled up by gains in healthcare stocks, while Nasdaq stayed near flat as investors turned their focus away from technology shares. The S&P 500 was up 0.37% to 4,536.19. The Dow J...

Five stocks with over 100% YTD return: Can they repeat that in 2022?

October 21, 2021 05:18 AM AEDT| By Ipsita Sarkar

Highlights Moderna, Inc’s (NASDAQ: MRNA) stock price surged more than 198% YTD. GameStop Corporation (NYSE: GME) stock jumped a whopping 982.84% YTD. Olin Corporation’s (NYSE: OLN) sales surged to US$2.22 billion in Q2, FY21. ...

Will 1INCH cross US$10 by end of 2021?

October 21, 2021 02:36 AM AEDT| By Manu Shankar

The 1inch Network is a decentralised exchange (DEX) aggregator, which offers solutions by connecting several exchanges into one platform, allowing users to find the most efficient swapping routes across all platforms. Users have to flip through mul...

Watch out for these 4 highly anticipated Bitcoin ETFs

October 21, 2021 12:10 AM AEDT| By Manu Shankar

Highlights ProShares debuted on the New York Stock Exchange on Tuesday. The ProShares’ Bitcoin Strategy exchange-traded fund (BITO) was an instant hit, registering the highest-ever first day volume. It is expected that the li...

7 Altcoins up over 1000% in 2021

October 20, 2021 10:45 PM AEDT| By Ankit Sethi

Highlights There are so many news things to blockchain like gaming and multi-chain platforms A few of these platforms have gained immensely in 2021, and their returns far exceed Bitcoin’s Over 1,000 per cent return is no mean feat consid...

The Bitcoin Labyrinth: The Perpetual Rise and Fall of The World’s Premier Crypto

October 20, 2021 10:15 PM AEDT| By Daniel Paul Johns

In 1953, abstract artist M. C Escher painted the now now iconic work titled “Relativity”. Looking at the twelve-year history of Bitcoin draws parallels to this famous work as Bitcoin still remains an enigmatic Labyrinth with its sudden ...

What is UMA crypto? Here's what you must know about the digital coin

October 20, 2021 09:16 PM AEDT| By Raza Naqvi

The cryptocurrency market was trading in the green on Wednesday, October 19. At the time of writing, Bitcoin had surged by 3.6 per cent in the last 24 hours to reach US$ 64,158.66 per token. Meanwhile, the world's second-largest cryptocurrency, Eth...

Polylastic (POLX) crypto: Is it the right time to invest?

October 20, 2021 07:36 PM AEDT| By Manu Shankar

Highlights Polylastic is a cryptocurrency that operates on the Binance Smart Chain blockchain network. It's a bunch of dynamic exchange that poses an enormous potential in synthetic assets, elastic finance, derivates, artificial intelligence. ...

On the heels of Musk's mysterious tweet, fans are on the hunt for 'Bunny Cryptos'

October 20, 2021 06:31 PM AEDT| By Aditi Saha

Whether you despise or admire Elon Musk, the SpaceX and Tesla founder has tremendous influence in the crypto markets. The bunny-themed coins and Shiba Inu token have risen in value due to Elon Musk's recent tweet. Shiba was up 21% an hour after the...

What’s Behind SOLVE Crypto’s Astronomical Rise in the Past 24 Hours?

October 20, 2021 04:40 PM AEDT| By Daniel Paul Johns

Highlights SOLVE – the digital token which powers the Solve.Care platform has risen over 170 percent in the past 24 hours, according to data from CoinMarketCap Care, is redefining the health care system through ways that could be ac...

What's in a name? Facebook may no longer be Facebook

October 20, 2021 04:16 PM AEDT| By Ipsita Sarkar

Facebook Inc (NYSE:FB) may soon be known by a different name. The rumors surfaced following a leading tech blog article suggesting that the social media giant may soon rebrand itself to focus on expanding metaverse. In response, Facebook said it doe...