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News
Which coins are Stablecoins? What are the most popular Stablecoins?
July 08, 2021 09:55 AM AEST| By SonalSummary Stablecoin is a type of a cryptocurrency whose value is pegged to other assets like USD or gold. There are 3 categories of stablecoins that include fiat-backed, cryptocurrency-backed and commodity-backed stablecoins. Stablecoins provid...
Is it better to invest in NYSE or NASDAQ?
July 08, 2021 09:47 AM AEST| By Team Kalkine MediaSummary Investors have options to trade in NYSE or NASDAQ shares or other securities listed with these two exchanges. These exchanges are unique in terms of listing requirements for companies, but not for investors. Choosing a stock is more vi...
What does staking mean in crypto?
July 08, 2021 08:19 AM AEST| By Kiran MuraliSummary Staking is a process of validating a blockchain transaction with cryptocurrencies that run on a Proof-of-Stake mechanism. Staking helps to earn passive income with cryptocurrency through the interests. The crypto holders are rewarded w...
XELA, ONCS & OPNT: 3 trending stocks on Wednesday
July 08, 2021 07:59 AM AEST| By Kiran MuraliStocks of Exela Technologies (NASDAQ: XELA), OncoSec Medical Incorporated (NASDAQ: ONCS) and Opiant Pharmaceuticals, Inc. (NASDAQ: OPNT) jumped more than 20 percent on Wednesday’s trading. Exela stock gained following the company’s upd...
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US markets edge higher, lifted by real estate, healthcare stocks
July 08, 2021 07:55 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 7, pulled up by gains in real estate and healthcare stocks after the Fed held its first discussion on the bond purchase, accepting that inflation has been a cause of worry but deciding to keep the...
7 fastest-growing stocks that demand our attention
July 08, 2021 04:09 AM AEST| By Sanjeeb BaruahFastest growing stocks are shares of companies that grow at a faster pace than the average growth rate. These companies prefer to invest in new projects instead of offering dividends to shareholders. Here we explore seven stocks to understand thei...
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OSAT & DARE: 2 trending stocks under $10
July 08, 2021 01:07 AM AEST| By Kiran MuraliSummary Orbsat (OSAT) stock hit a new 52-week high on Tuesday’s trading, while Daré (DARE) stock popped over 56 percent on Wednesday morning. Orbat recently raised over US$14 million in an underwritten public offering. Biopharmace...
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I3 Energy’s Canadian acquisition to enhance production, strengthen financials
July 08, 2021 12:42 AM AEST| By Team Kalkine MediaSummary Independent energy company I3 Energy announced the asset acquisition of Canadian energy company Cenovus Energy Inc to expand its production in central Alberta core are for CA$ 65 million. I3 Energy raised at least £40 million via ...
Wise to go public via direct listing: All you need to know about the process
July 07, 2021 07:03 PM AEST| By Furquan MoharkanOn 2 July 2021, the UK-based fintech company Wise PLC approved the plan to get listed on 7 July 2021. The company’s prospectus said, “Application has been made to the FCA for all of the Class A Shares to be admitted to the standard listi...
More Kiwis show confidence in financial markets, prefer shares to term deposits
July 07, 2021 04:59 PM AEST| By ManikaSummary Confidence in financial markets has risen in the last one year. Investors shifting to shares from term deposits. Investors taking more to online platforms in a DIY mode. Confidence in financial markets has continued to rise in the...
Cryptocurrency Monero’s analysis indicates a bullish trend
July 07, 2021 04:18 PM AEST| By Daniel Paul JohnsSummary Monero was launched in 2014 by a team of developers led by Ricardo Spagni and is currently the 26th largest cryptocurrency. In Monero’s original white paper, its creators argued that Bitcoin’s main flaw was its traceability,...
From online bookseller to world’s richest man: Amazon’s Jeff Bezos hangs up his boots
July 07, 2021 02:45 PM AEST| By Furquan MoharkanIn 2014, Amazon founder Jeff Bezos visited the South Indian city of Bengaluru – popularly known as Silicon Valley of India – owing its reputation for acumen towards tech innovations. It was the time when India’s domestic e-tailer Fl...
Which are the booming applications of copper?
July 07, 2021 01:51 PM AEST| By Anam SiddiquiSummary Copper, the second most conductive element, is exposed to supply risks amidst its growing demand in several fields. Due to its significant usage in electric vehicles and renewable energy production, copper plays a critical role in...
Is RUC exemption extension on EVs a smart move?
July 07, 2021 08:50 AM AEST| By RomaSummary Extended exemption for RUC means it’s the best time to buy a sustainable car Amount to huge savings and environmental benefits, electric cars are the future Government manoeuvring people towards zero emissions through incentives ...
US indices slip after last week's record closes
July 07, 2021 07:20 AM AEST| By Sanjeeb BaruahBenchmark US indices edged lower on Tuesday, July 6, after several record consecutive closes last week as investors looked for global cues and turned their focus on economy-linked value stocks. The S&P 500 was down 0.20% to 4,343.54. The Dow Jon...
Why did DiDi stock nosedive more than 20% today?
July 07, 2021 04:53 AM AEST| By Team Kalkine MediaDiDi Global Inc. (DIDI) stock fell more than 20% on Tuesday, July 6, after the Chinese regulators ordered the company to remove its app from the app store. The development comes just days after the ride-hailing company made a mega IPO debut on the NY...
OPEC+ crisis: Oil shoots to 6-yr high. What to expect?
July 07, 2021 02:11 AM AEST| By Team Kalkine MediaOil prices in the US surged to six years high following the failure of the OPEC countries to decide on how much oil to be produced. US benchmark West Texas Intermediate hit a six-year high to US$76.98 a barrel this week, and global benchmark Brent ...
Strong biz confidence pulls NZ interest hike expectations to Nov; NZD rises
July 06, 2021 06:36 PM AEST| By ManikaNew Zealand's business confidence has shown a sharp rise in Q2, suggesting a strong economic recovery giving rise to sooner-than-expected rate hike. The New Zealand Institute of Economic Research (NZIER) in its quarterly survey of business opinion...
Will crude oil touch US$100 a barrel? All you need to know about oil prices
July 06, 2021 05:35 PM AEST| By Furquan MoharkanFortunes do turn around. And at times, they turn around fast. Nothing exemplifies it better than crude oil prices. A year ago, crude oil prices were at the historical lows. The prices of brent crude oil were hovering near the zero level, while the We...
Don’t drop the baby: A quick guide to new cryptocurrency Baby Doge
July 06, 2021 03:03 PM AEST| By Daniel Paul JohnsThe world of cryptocurrency moves at a rapid pace. A few months ago, a meme crypto named Dogecoin was all the rage with famous celebrities, including Tesla billionaire and space adventurer Elon Musk, publicly singing the praises of the Shiba-Inu-in...
