News

'Psychic' Mr Goxx is more than a force to reckon with
October 19, 2021 09:13 PM AEDT| By Manu ShankarMr Goxx, a pet hamster, grabbed headlines worldwide when his interest in crypto trading took the world by storm and managed to impress likes of Elon Musk and others. His unique modus operandi, where he runs on a hamster wheel and selects what...

The Crypto Hype is Scaring me more than Halloween!
October 19, 2021 09:05 PM AEDT| By Kiara KhannaThe word Crypto is trending and has been trending for quite some time now. The craze that this digital currency has caused is immense and an immeasurable now. According to Coinmarket, the market has grown from around US$16 billion to US$2.9 trillion ...

How are 5 NZX energy stocks aiding clean projects in 2021?
October 19, 2021 05:54 PM AEDT| By SonalHighlights The NZ government has committed $1.3 billion to support countries most exposed to climate change. Trustpower appointed Catherine Thompson as General Manager, Regulatory and Risk, on Tuesday. Z Energy declared that the last day...

Is Fantom About To Explode?
October 19, 2021 05:14 PM AEDT| By Daniel Paul JohnsThis year has seen a marked shift in the value distribution dynamics of the cryptocurrency market. Although Bitcoin still remains the most valuable digital asset, the dominance gap has been significantly diminished by Ethereum’s rapid growth....

Why Tether’s US$41 Million Fine Is a Cause for Concern?
October 19, 2021 02:02 PM AEDT| By Daniel Paul JohnsOne of the biggest downsides of cryptocurrency is its volatility. A look at Bitcoin this year alone gives a solid indication of just how unstable the value of digital currencies can be at any given moment. This is where the demand for stablecoins ...

Crude oil tumbles as US factory data deepens demand concerns
October 19, 2021 01:36 PM AEDT| By Arpit VermaHighlights Crude oil edged lower on Monday. The production at the US factories tumbled to the lowest level in September. China's third-quarter economic growth has been dropped to the lowest level in the year due to power shortages. Crude ...

Inside Apple Unleashed: Which new products were showcased?
October 19, 2021 12:11 PM AEDT| By AshishAfter focusing on iPhones and Apple Watches a month ago, Apple has now unveiled a whole bunch of new devices, including iPhones, iPads, and the latest Apple Watch. On 18 October 2021, the Cupertino-based tech giant announced new products namely Mac...

Seven Robinhood stocks to explore this festive season
October 19, 2021 10:11 AM AEDT| By Ipsita SarkarHighlights Ford Motor Company (NYSE: F) will invest around US$316 million to build EV components at its Halewood factory in England. Apple Inc. (NASDAQ: AAPL) announced a new subscription tier for Apple Music and Apple Music Voice Plan. NIO In...

S&P 500, Nasdaq rise on tech gains, Dow slips
October 19, 2021 09:27 AM AEDT| By Sanjeeb BaruahThe S&P 500 and tech-savvy Nasdaq closed higher on Monday, October 18, bolstered by gains in technology stocks and upbeat corporate earnings. The S&P 500 was up 0.34% to 4,486.46. The Dow Jones fell 0.10% to 35,258.61. The NASDAQ Composite r...

Seven AAA-rated ESG firms: A look at how these stocks faring
October 19, 2021 08:22 AM AEDT| By Ipsita SarkarHighlights Microsoft Corporation (NASDAQ: MSFT) stock rose 40% year-to-date. The EPS diluted increased to US$7.97 for FY 2021 compared to US$5.76 in FY 2020. Best Buy Co., Inc. Common Stock (NYSE: BBY) stock gave a 15% return YTD. Its dividend...

From Netflix, Tesla to Intel - top stocks to watch this week
October 19, 2021 07:11 AM AEDT| By Ipsita SarkarHighlights Netflix, Inc. (NASDAQ: NFLX) will release its quarterly earnings on October 19 after the closing bell. Tesla, Inc. (NASDAQ: TSLA) will release its Q3 results on October 20 after the market close. Intel Corporation (NASDAQ: INTC) is ...

Facebook (FB) stock shrugs off recent losses, jumps 3% on Europe job plan
October 19, 2021 06:07 AM AEDT| By Sanjeeb BaruahThe Facebook Inc (NASDAQ: FB) stock was up more than 3% in intraday trading, hours after it announced plans to hire up to 10,000 specialists in Europe to help develop a metaverse. The FB stock traded at US$334.935 at 1:32 pm ET on Monday. Faceboo...

Former secretary of state Colin Powell dies aged 84
October 19, 2021 04:17 AM AEDT| By Ipsita SarkarFormer US Secretary of State Colin Powell died at the age of 84 on Monday, his family said. The retired four-star general and former national security adviser had been unwell for some time. Powell was undergoing cancer treatment at the Walter Reed ...

STT, ACI stocks rally after quarterly results, dividend increase
October 19, 2021 03:41 AM AEDT| By Ipsita SarkarHighlights The State Street Corp’s (NYSE: STT) total revenue surged 7% YoY in Q3, FY21. Albertsons Companies, Inc. (NYSE: ACI) has raised its adjusted EPS forecast to around US$2.50 to US$2.60 in fiscal 2021. After solid Q3 results, the ...

Top US retailers get ready to capitalize on holiday sales, boost stocks
October 19, 2021 03:29 AM AEDT| By Ipsita SarkarHighlights Amazon.com, Inc. (NASDAQ: AMZN) had recently announced plans to hire 150,000 seasonal jobs across the US. Target Corporation (NYSE: TGT) has expanded its partnership with LEGO for a limited-edition collection under US$30.0, ahead...
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Millimeter (MM) Crypto: Is it worth the hype?
October 19, 2021 03:24 AM AEDT| By Manu ShankarHighlights The MilliMeter crypto is an Ethereum-governed protocol that aims to protect the global value of e-data. The MM token allows the users to explore the opportunity to eliminate the excessive brokerage fees and allows one to pursue...
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Top 4 reasons why Bitcoin should be legalized
October 19, 2021 12:53 AM AEDT| By Manu ShankarWhen Satoshi Nakamoto introduced the term Bitcoin in 2009, no one had ever thought it could grow as a major digital currency and challenge the fiat currency around the world. At present, Bitcoin and other cryptocurrencies are breaking the barriers of...

Is Rocket Bunny crypto real and is it a safe investment?
October 18, 2021 11:14 PM AEDT| By Raza NaqviThe Rocket Bunny (BUNNY) crypto caught the attention of potential investors in Canada as its name surfaced in the trending charts on Monday, October 18. The trends also suggested that people have been enquiring whether the Rocket Bunny crypto is re...

Top 5 NFT disruptors of 2021
October 18, 2021 10:13 PM AEDT| By Ankit SethiHow about festive shopping assets that may yield high returns? As festivities approach us, it is time we look beyond regular goods that usually depreciate in value with time. It might be time to look at the crypto assets space. As of now, Bitcoin ...

How UK is becoming a leading force in crypto adoption
October 18, 2021 10:03 PM AEDT| By Manu ShankarThe United Kingdom has been for a while seizing the cryptocurrency market share in Europe. According to a Chainalysis report, the UK has been leading and inspiring other countries in Europe in the field of crypto adoption and a major competitor of...