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News
US stockpiles Dry up, a big boost for oil prices. Is oil headed higher from here?
September 18, 2020 05:57 PM AEST| By Team Kalkine MediaU.S. crude oil stockpiles are declining as imports from Saudi Arabia are declining and exports rising. The exports have increased by 1.2 million barrels per day, with China being the major consumer. China has imported nearly 1 million barrels per d.....
How Are Global Crude Oil Giants Responding to the New Normal?
September 18, 2020 03:38 PM AEST| By Team Kalkine MediaSaudi Arabia, the world’s largest crude oil producer, has been supplying crude oil at a price lower than international prices to China in order to capture higher market share. However, the market situation changed as China ran out of space to.....
Are Amazon, Tesla, and Alibaba the growth stocks in a slower economic growth world?
September 18, 2020 01:56 PM AEST| By Team Kalkine MediaThe impact of COVID-19 pandemic on the stock market is one such black swan event that caught nearly everybody by surprise, and has possibly impacted the businesses across several sectors Globally, coronavirus swallowed the growth made by numerous .....
Is the US set for low-interest rates for the next 3 years? The Fed believes so
September 17, 2020 11:11 PM AEST| By Team Kalkine MediaThe US Federal Reserve Board announced a major policy change on 27 August to keep low-interest rates and allowed inflation to run above 2% to support the labour market and broader economy. The new strategy that was detailed in a speech by Federal .....
COVID-19 Pandemic Vs Global Financial Crisis: NZ Economic Indicators Under the Spotlight
September 17, 2020 08:10 PM AEST| By Team Kalkine MediaThe magnitude of COVID-19 disaster was initially underestimated by the policymakers worldwide. However, deep repercussions of the pandemic have ignited debates of its close resemblance with the global financial crisis (GFC) of 2008-2009. At the tim.....
Snowflake Debuts on The Exchange at Mind-Numbing Valuations, Price/Sales >100x
September 17, 2020 06:46 PM AEST| By Team Kalkine MediaSnowflake Inc. made a debut at the New York Stock Exchange on Wednesday, 16 September. With the backing of Warren Buffet’s Berkshire Hathaway, the market hype around the stock remained immense, sending the stock over 100% on the first day of .....
What is NYSE Bitcoin Index?
September 17, 2020 06:13 PM AEST| By Edita IvancevicThe New York Stock Exchange (NYSE), a part of the Intercontinental Exchange Inc (NYSE:ICE), revealed the launch of the NYSE Bitcoin Index (INDEXNYSEGIS:NYXBT) back in May of 2015. The launch of NYXBT meant that there would be a standard index for b.....
Oracle eyeing TikTok operations as it spins off into a separate entity
September 17, 2020 01:11 PM AEST| By Team Kalkine MediaSoftware giant Oracle is believed to be taking an ownership stake in the newly formed TikTok corporation. Oracle plans to team up with China's ByteDance in order to keep TikTok operating and running in the United States. Until a few days bac.....
Is Bitcoin Revolution for real? How do you trade it?
September 17, 2020 11:21 AM AEST| By Team Kalkine MediaIn the sea of automated trading systems, it is easy to get confused while choosing the best one. Most systems promise a fast capital, with only a half an hour a day spent using the app. One of them is Bitcoin Revolution, which caused a lot of contr.....
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Unveiling Sinusoidal Trend of Rocket Companies’ Share Price
September 16, 2020 05:34 PM AEST| By Team Kalkine MediaShare price of Rocket Companies, Inc. (NYSE: RKT) has been on a roller-coaster ride ever since its Initial Public Offering (IPO) in early August. The Company has witnessed a high of US$34.37 and low of US$18.31 within days of commencing trading at .....
How does Bitcoin Circuit work?
September 16, 2020 05:07 PM AEST| By Edita IvancevicBitcoin Circuit is one among many automated trading systems, which is being promoted as a platform that makes its users rich. Similar platforms are famous within the younger population that wants to get rich in a fast and easy way, as those platfor.....
NZ GDP to contract in June quarter, but a quick bounce back expected in Q3
September 16, 2020 03:35 PM AEST| By Team Kalkine MediaNew Zealand government led by PM Jacinda Ardern has garnered international accolades for pursuing the policy of going tough and going early in imposing lockdowns to curb the spread of coronavirus. NZ’s coronavirus free run for 102 days ended.....
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Kiwi’s Thirst for Travel Re-Ignites, Air New Zealand Sells 110k Tickets
September 16, 2020 03:06 PM AEST| By Team Kalkine MediaWhile the travel sector has been one of the worst hit in the face of COVID-19 crisis, Air New Zealand (NZX:AIR) is under the spotlight for reflecting some signs of revival for the sector amidst relaxed social distancing norms. The government of Ne.....
Emerging Trends in Health and Fitness Industry While Economy Reopens
September 15, 2020 11:11 PM AEST| By Team Kalkine MediaLast week when Australian Prime Minister Scott Morrison discussed ending border closure, he also spoke on complete economic reopening soon for the nation to come together at Christmas. However, Victorian Premier Daniel Andrews announced a roadmap o.....
Robinhood the new wall-street piped piper drawing retail investors in hoards, What is driving this trend?
September 15, 2020 11:00 PM AEST| By Team Kalkine MediaStock trading has always been deemed risky. Still, for many long-haul investors, stock trading has been a passion. In contrast, few enter to make quick bucks. With the pandemic making stock markets volatile globally, a new set of retail invest.....
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US-China Ongoing Spat: A Glance at Recent Developments
September 15, 2020 08:41 PM AEST| By Team Kalkine MediaBy now, most people are familiar with the trade war between the US and China. The trade war started way back in 2018, where the two were seen imposing heavy taxes on import of the goods of one another. The US President blamed China for exercising u.....
How has COVID-19 affected bitcoin price?
September 15, 2020 06:36 PM AEST| By Edita IvancevicCOVID-19 has brought many fiat currencies into trouble, resulting in disturbed financial markets. For this reason, investors find cryptocurrencies more attractive during unprecedent times, as cryptos do not behave as fiat currencies in the market. .....
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Why are AstraZeneca and Pfizer Share Price Under Investors’ Radar?
September 15, 2020 05:28 PM AEST| By Team Kalkine MediaThe COVID-19 storm that has created havoc in the world, is not showing any signs of abating with the world witnessing an ongoing increase in the number of new cases daily. According to the WHO (World Health Organization), globally, there have been .....
TikTok’s US operations to go Oracle way as Microsoft bid fails
September 15, 2020 02:18 PM AEST| By Team Kalkine MediaThe week commenced on a good note for Oracle Corporation, ahead of the 20 September 2020 deadline for the deal to be closed by ByteDance. The Trump administration had threatened to ban TikTok by 20 September 2020 following the issuance of the exec.....
SoftBank sheds assets, is it getting ready to go private?
September 14, 2020 08:44 PM AEST| By Team Kalkine MediaSoftBank Group Corp. (TYO:9984) share price surged 8.96% to settle the day at $6,385 on 14 September after the Company announced that it entered into an agreement to sell British chip designer Arm Holdings to Nvidia Corporation, ending SoftBank&rsq.....
