Financial


 What is crypto mining and how do they affect carbon footprint?

What is crypto mining and how do they affect carbon footprint?

August 25, 2021 04:28 AM AEST | By Sanjeeb Baruah

Highlights Miners mine the crypto coins from virtual rigs using codes through a mathematical process. A traditional banking institution's activiti...

 Visa Inc (V) joins crypto craze, buys Cyptopunk NFT for US$150,000

Visa Inc (V) joins crypto craze, buys Cyptopunk NFT for US$150,000

August 24, 2021 06:06 AM AEST | By Team Kalkine Media

Highlights Visa Inc has said that it bought a CryptoPunk NFT for US$150,000. The non-fungible tokens (NFTs) are considered digital collectibles du...

 BlackRock invests US$382 mn in Marathon Digital, Riot Blockchain 

BlackRock invests US$382 mn in Marathon Digital, Riot Blockchain 

August 24, 2021 01:50 AM AEST | By Sanjeeb Baruah

BlackRock (NYSE BLK), the world’s leading asset manager, has invested over US$382 million in the Bitcoin mining companies Marathon Digital Holdi...

 What is a cryptocurrency consultant?

What is a cryptocurrency consultant?

August 21, 2021 11:51 PM AEST | By Team Kalkine Media

Highlights Cryptocurrency consultant is not an accredited designation. The cryptocurrency market is all digital and susceptible to hacking. Inves...

 Coinbase looks to beef up crypto investment, enter Japanese market

Coinbase looks to beef up crypto investment, enter Japanese market

August 21, 2021 03:11 AM AEST | By Sanjeeb Baruah

Cryptocurrency exchange Coinbase Global, Inc. (NASDAQ: COIN) plans to earmark 10% of its quarterly net income into crypto assets as it forays into the...

 Will these five financial value stocks beat the economic blues?

Will these five financial value stocks beat the economic blues?

August 17, 2021 03:59 AM AEST | By Team Kalkine Media

When we hear the words "financial sector," the first thing that comes to our mind is banks. Although banks form a significant part of the sector, non-...

 Five digital payment stocks to explore amid e-commerce boom

Five digital payment stocks to explore amid e-commerce boom

August 14, 2021 10:58 AM AEST | By Team Kalkine Media

Digital payment companies enable users to make payments easily from anywhere and at any time. Consumers make digital payments while purchasing goods o...

 In the Spotlight: Three financial stocks to consider in August

In the Spotlight: Three financial stocks to consider in August

August 10, 2021 01:53 AM AEST | By Team Kalkine Media

Summary SVB Financial Group (Nasdaq: SVB) reported total revenue of US$751 million in Q2 this year. Principal Financial Group Inc (Nasdaq: PFG) re...

 Where to park money? Three high-yield savings accounts worth exploring

Where to park money? Three high-yield savings accounts worth explori...

August 03, 2021 09:49 AM AEST | By Team Kalkine Media

All savings accounts pay an interest rate for the money kept in the account. The more is the interest rate, the higher is the growth of your savings....

 All eyes on Square Inc, Afterplay Ltd after US$29 billion deal

All eyes on Square Inc, Afterplay Ltd after US$29 billion deal

August 03, 2021 02:55 AM AEST | By Team Kalkine Media

The Square, Inc. (NYSE: SQ) stock was trending on Wall Street and Google and other sites on Monday, a day after it revealed plans to acquire the Austr...

 Banking on Banks: Five hot bank stocks based on earnings to explore

Banking on Banks: Five hot bank stocks based on earnings to explore

July 29, 2021 04:34 AM AEST | By Team Kalkine Media

Summary Goldman Sachs (NYSE: GS) net income applicable to common stockholders in Q2 was US$ 5.35 billion, a vast 2614% up YOY. Citigroup, Inc. (NY...

 Square, Paypal stocks on investors’ radar ahead of Q2 earnings

Square, Paypal stocks on investors’ radar ahead of Q2 earnings

July 27, 2021 04:44 AM AEST | By Team Kalkine Media

Fintech stocks are companies that use technology to provide financial services. For example, they use software and digital algorithms to help customer...

 Blackstone (BX) stock rallies as Q2 profit doubles

Blackstone (BX) stock rallies as Q2 profit doubles

July 23, 2021 07:43 AM AEST | By Kiran Murali

Summary The asset management company’s stock rose over 4 percent on Thursday. Blackstone’s second-quarter net income more than doubled...

 Wells Fargo (WFC) stock gains, BlackRock (BLK) declines after Q2 earnings

Wells Fargo (WFC) stock gains, BlackRock (BLK) declines after Q2 ear...

July 15, 2021 07:40 AM AEST | By Kiran Murali

Summary Wells Fargo posted US$6 billion profit as it released US$1.6 billion credit reserves. BlackRock’s assets under management soared to...

 Citigroup (C), Bank of America (BAC) post strong Q2 profit growth

Citigroup (C), Bank of America (BAC) post strong Q2 profit growth

July 15, 2021 01:08 AM AEST | By Kiran Murali

Citigroup Inc. (NYSE: C) and Bank of America (NYSE: BAC) posted significant growth in their second-quarter profit on July 14. The American banks saw...

 Mastercard (NYSE: MA) rides high on Verizon partnership, stock up 2% 

Mastercard (NYSE: MA) rides high on Verizon partnership, stock up 2%...

July 14, 2021 10:19 AM AEST | By Sanjeeb Baruah

Summary Mastercard stock (NYSE: MA) was up 2.17% on Tuesday after Verizon pact. Mastercard and Verizon to provide “transformative” sol...

 JP Morgan, Goldman Sachs start earnings season with strong Q2 results

JP Morgan, Goldman Sachs start earnings season with strong Q2 result...

July 14, 2021 12:09 AM AEST | By Kiran Murali

Summary JP Morgan attributed the net income growth to credit reserve releases of US$3 billion. Goldman Sachs’ investment bankers generated s...

 Which are the major financial stocks in the US?

Which are the major financial stocks in the US?

June 25, 2021 08:55 AM AEST | By Kiran Murali

The financial sector comprises a wide variety of companies, including those involved in banking, asset management, insurance, and other financial serv...

 Fintech Company Marqeta To Debut on NASDAQ

Fintech Company Marqeta To Debut on NASDAQ

June 09, 2021 08:00 AM AEST | By Kiran Murali

Marqeta, Inc. is expected to debut on Nasdaq Global Select Market on June 9, Wednesday, through an initial public offering. The startup will trade und...

 Wells Fargo Set To Launch Crypto Services For Wealthy Clients

Wells Fargo Set To Launch Crypto Services For Wealthy Clients

May 25, 2021 03:19 AM AEST | By Team Kalkine Media

Summary The bank believes that digital coins have gained stability as an asset and they could be a viable alternative for investment. According to...

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