AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
World news
Crucial events that can sway global markets this week
May 03, 2021 11:06 AM AEST| By Furquan MoharkanThe rally in the global equity markets has flattened in last few months. Mixed macro numbers numbers and India’s burgeoning COVID-19 numbers are holding the rally. Last week as well, the global equity markets were flat, primarily because of t.....
Is China a major threat to US national security?
May 02, 2021 07:44 PM AEST| By Team Kalkine MediaSummary China is seen as a strategic competitor by the US. US-China relations revolve around competition for global power and technology usage. Strained relations between the 2 countries could lead to cold war. Russia, Iran, extremist gro.....
.jpg)
3 Key Things That Will Shape Markets in the Coming Week
May 02, 2021 05:38 PM AEST| By SonalUS stocks dropped on Friday but reported gains for April after expectations of strong earnings report. The week of April 30 came to a close with figures showing a 21.1% increase in personal income in March, fuelled by fiscal stimulus reviews, a...
.jpg)
Global COVID-19 cases cross 152 million, India amongst top contributor
May 02, 2021 03:39 PM AEST| By SonalSince the COVID-19 virus wreaked havoc on people's lives all over the world, nations have been struggling to fight infections that keep resurfacing due to mutations. Over 150 million COVID-19 cases have been recorded to date with the death toll cro.....
Global dealmaking is booming; and Wall Street is cashing on it
May 02, 2021 12:23 AM AEST| By Furquan MoharkanThe global banks are seeing a massive surge in the revenues generated from their investment banking division as the global dealmaking is booming. European and Asian Banks, like Deutsche Bank and Nomura Holdings, have reported a surge in excess of .....
Guess Why Tesla Stock (NASDAQ-TSLA) Is Trending Today?
May 01, 2021 08:11 AM AEST| By Team Kalkine MediaWhile the reasons may vary, one close guess could be the news of its ‘super’ charging station near the Everest base camp. The EV maker has set up a charging station near Tibet, thousands of kilometers away from the capital Beijing, as i.....
Exxon Mobil, Chevron Shares Decline Despite Reporting Quarterly Profits
May 01, 2021 05:05 AM AEST| By Team Kalkine MediaShares of oil and gas majors Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) fell on April 30 after both the companies reported profit in their first quarter of 2021. Exxon Mobil had been reporting loss in the last four con.....
Big Tech gets bigger in March quarter
May 01, 2021 12:10 AM AEST| By Furquan MoharkanIn the week gone by, five biggest tech companies – Apple Inc (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG), Amazon Inc (NASDAQ:AMZN) and Facebook Inc (NASDAQ:FB) – announced their quarterly results for t.....
Didi, ByteDance among top Chinese firms set for US IPO in 2021
May 01, 2021 12:05 AM AEST| By Team Kalkine MediaSummary As many as 60 Chinese companies are lined up to launch IPO in the US. China's biggest unicorns ByteDance and Didi Chuxing may hit the US capital market this year. 32 China-based firms raised US$15 billion through IPOs in the US in 2020.....
Rent Increase Could Further Deepen The NZ Housing Crisis
April 30, 2021 01:46 PM AEST| By RomaWith the housing crisis in New Zealand beginning to become a nagging concern for the government and the people alike, there are new developments in terms of rent. According to a new research, the increase in rents could be a cause for further conce.....
How have the stocks of Big 5 tech firms responded to their quarterly results?
April 30, 2021 12:37 PM AEST| By Furquan MoharkanMarked by the results of the biggest five tech giants in the US, this week was probably the most crucial one of the ongoing earnings season. Alphabet, Microsoft, Amazon, Facebook, and Apple – all announced their March quarter numbers this wee.....
Intel extends its partnership with Samsung to strengthen the cross-device experience
April 30, 2021 11:59 AM AEST| By Team Kalkine MediaDigitization is becoming noticeable in the present times where you look. The COVID-19 pandemic accelerated the digital transformation. It brought challenges for people, but at the same time, it presented opportunities for many businesses to pursue .....
Amazon’s Net Profit More Than Triples In Q1 As Revenue Hits US$100B
April 30, 2021 11:00 AM AEST| By Team Kalkine MediaAmazon.com, Inc.’s (NASDAQ: AMZN) net income has more than tripled in the first quarter of 2021, backed by strong revenue growth in e-commerce and cloud business, the company said in its earnings report on Thursday, April 29. The technology .....
Twitter, Caterpillar Stocks Plunge After Strong Quarterly Results
April 30, 2021 09:47 AM AEST| By Team Kalkine MediaSummary Twitter stock plunged 11.25% to US$65.09 while Caterpillar ended the session down 0.10% to US$227.24 per share after regaining from a 2.08% slump in intraday trade. Twitter revenues jumped 28% to US$1.04 billion in the first quarter of .....
VISA INC. Price Hits a New Lifetime High
April 30, 2021 07:00 AM AEST| By Team Kalkine MediaSummary VISA INC. gained 1.54 percent in the last trading session and has delivered ~14.81 percent returns in the last one month. Post breaking out of a crucial resistance level the stock hit a new lifetime high. Stock prices are trading in a.....
McDonald’s, Yum! Brands Q1 Sales Exceed Pre-Pandemic Level
April 30, 2021 06:39 AM AEST| By Team Kalkine MediaSummary McDonald’s CEO Chris Kempczinski said the company’s first-quarter global comparable sales and revenue surpassed the numbers in the first quarter of 2019. Yum! Brands’ worldwide same-store sales grew 9 percent in the qu.....
Mastercard Outshines Visa In Revenue Growth Despite Similar Challenges
April 30, 2021 04:54 AM AEST| By Team Kalkine MediaSummary Mastercard’s net income rose 8% to US$1.8 billion (GAAP), compared to US$1.7 billion in the same period of 2020. Mastercard CEO Michael Miebach attributed this growth to increased domestic spending, smart deals, and close collabor.....
Ardern Keen On US Ties And Clears NZ’s Stand Regarding Five Eyes Alliance
April 29, 2021 01:34 PM AEST| By Team Kalkine MediaSummary Post the meeting with the US Chamber of Commerce, NZ PM Jacinda Ardern spoke to the media on the issues discussed. The Government is determined to enhance its economic ties with the US. NZ is focused on maintaining stability in the reg.....
Robust ad revenue powers Facebook to 48% topline growth
April 29, 2021 01:32 PM AEST| By Furquan MoharkanSocial media behemoth Facebook Inc (NASDAQ:FB) saw a robust topline growth in Q3, owing to massive surge in the advertising revenues. The world’s largest social media company saw its revenues surging by 48% to US$26.17 billion in the quarter.....
US Fed maintains status quo on interest rate, bond purchases
April 29, 2021 12:49 PM AEST| By Furquan MoharkanThe American central bank, the US Federal Reserve (Fed), on Wednesday, maintained the interest rates near zero as part of its easy monetary policy, despite anticipating economic acceleration and higher inflation. The 11 members in the board of gov.....
Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.