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News
Top three GameStop stock’s alternatives
February 08, 2021 08:18 AM AEDT| By Kunal SawhneyThe GameStop (NYSE:GME) mania was one of the most hyped short squeeze events in the US. However, the buying frenzy seems to be running out of steam. GameStop's overboard buying has also turned investors to some other alternatives that probably don&.....
Ethereum Hits All Time High! Will It Cross $2,000-Mark?
February 07, 2021 01:41 AM AEDT| By Team Kalkine MediaEthereum rose to a record high of US$ 1,761.35 on Friday, February 5, 2021, as the cryptocurrency market rallied. The world’s second-largest virtual coin has returned more than 133 per cent this year. The token, with a market cap of over US$.....
Can Microsoft’s Bing impress Australians if Google opts out?
February 07, 2021 12:35 AM AEDT| By Hina ChowdharyAdding another chapter to the ongoing war between Australian Federal Government and the US tech giant duo Facebook and Google, Microsoft has jumped into the fray. Microsoft has assured the Australian government that if Google pulls out its s...
What is Dogecoin and why it is making a splash?
February 07, 2021 12:31 AM AEDT| By Kunal SawhneyDogecoin is a cryptocurrency just like Bitcoin but with a much smaller market cap (about $6 billion). The currency was invented by two software engineers Billy Markus and Jackson Palmer way back in 2013. The currency features a logo of &ldq.....
Ford Doubles Investment on EVs, Warns About Profit Decline
February 06, 2021 11:40 AM AEDT| By Hina ChowdharyUS-based automotive giant Ford (NYSE: F) has decided to nearly double its investment in electric vehicles (EVs) to US$ 22 billion through 2025 despite the challenges due to the shortage of semiconductors within the industry. It has not.....
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Trillion Dollar Triple AAAs on Charts – Apple, Amazon, Alphabet Inc
February 06, 2021 04:51 AM AEDT| By Team Kalkine MediaSource:ShutterstockProfessional, Shutterstock Nasdaq 100 has contoured another record high, delivering good returns to investors after a dreadful half year witnessed during the first half of the year 2020. The surge in the benchmark index has been...
3 Dividend Stocks to look at in 2021 - P&G, Phillips 66, Eaton Vance
February 06, 2021 04:08 AM AEDT| By Team Kalkine MediaSource:jittawit21, Shutterstock Summary P&G, Phillips 66 and Eaton Vance are some popular blue-chip dividend-paying stocks among the market participants. P&G delivered a decent result in Q2 FY2021. It has recently partnered with Rhinos...
Glencore Reports Bleak 2020 Numbers As Pandemic Bites
February 06, 2021 03:19 AM AEDT| By Kunal SawhneyAnglo-Swiss multinational commodity mining and trading company, Glencore plc has unveiled its 2020 full-year production report with a significant fall in copper and cobalt production. The production was significantly impacted due to mining suspens.....
Better than injection? All about nasal COVID-19 vaccines in the pipeline
February 06, 2021 03:06 AM AEDT| By Kunal SawhneyThe intramuscular route has been thought of as the ultimate way to administer a vaccine. However, intranasal vaccines have multiple advantages of their own, including ease of self-administration and systematic immunity. The nasal route has outstan.....
US Unemployment Rate Fell 6.3% in January as Hiring Picks Up
February 06, 2021 02:44 AM AEDT| By Team Kalkine Mediaanxious on Congress pending verdict on Biden’s USD 1.9 trillion relief plan. US unemployment rate fell to 6.3 per cent in January as employers resumed hiring, but the job market would still take time to nurse back to health fully. Accordi...
Advertising Platform Magnite Inc Buys Spotx for $1.17bn
February 06, 2021 01:59 AM AEDT| By Kunal SawhneyMagnite Inc (NASDAQ: MGNI), one of the largest independent sell-side advertising forums, has signed an agreement to buy SpotX, a video advertising group from RTL Group, a European broadcasting group for a whopping amount of $1.17 billion in the for.....
Elon Musk, Back On Twitter, Sends Dogecoin Surging By 50%
February 05, 2021 09:27 PM AEDT| By Ipsita SarkarTesla CEO Elon Musk, back from a two-day Twitter break on Thursday, sent meme-based cryptocurrency Dogecoin surging by over 50 per cent to US$0.059 after he tweeted about the coin. Musk had said in a tweet on Monday afternoon that he would stay aw.....
Technical Overview of Global Tech Giants- Microsoft Corporation and IBM
February 05, 2021 08:55 PM AEDT| By Team Kalkine MediaMicrosoft Corporation (NASDAQ: MSFT) has witnessed a sharp rally from the low of USD 212.03 on 15 January 2021 and made a new lifetime high of USD 245.07 (as on 03 February 2021), a gain of ~15.50 percent in this short span. Microsoft Corp. Shoots.....
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Crude Oil Rally Continues on Declining US Stockpile
February 05, 2021 08:24 PM AEDT| By Team Kalkine MediaThe latest Energy Information Administration (EIA) report with crude oil stockpile data has sparked celebrations across the oil industry. The trend in the weekly inventory data has highlighted a drawdown in the levels. Connecting the dots between t.....
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Remdesivir drives Gilead’s Q4 FY20 sales, sales momentum likely to continue
February 05, 2021 05:23 PM AEDT| By Team Kalkine MediaAmerican biopharmaceutical player Gilead Sciences Inc (Nasdaq:GILD) continues to play a central role in the COVID-19 pandemic, with its drug remdesivir (Veklury®). On 4 February 2021, the biopharmaceutical player announced its Q4 and FY 2020 r.....
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Myanmar Military Temporarily Shutters Facebook Access
February 05, 2021 04:15 PM AEDT| By Team Kalkine MediaThe military government in Myanmar has temporarily shut down access to social media platform Facebook. The move comes almost a week after the ouster of the democratically elected Aung San Suu Kyi. As per reports, Facebook and its other services, i.....
Ford Motor focuses on EVs; says semiconductor chip shortage to hit Q1 production
February 05, 2021 04:10 PM AEDT| By Team Kalkine MediaMichigan-headquartered Ford Motor Company announced today that it intends to increase investments in electric vehicles (EVs) and self-driving (or autonomous) vehicles. Earlier, the automaker stated that it would slash shifts at two plants that deve.....
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US to get 3rd COVID-19 vaccine, Johnson & Johnson files Emergency Use Authorization
February 05, 2021 03:08 PM AEDT| By Team Kalkine MediaJohnson & Johnson (NYSE:JNJ) updated the market that Janssen Biotech Inc has submitted an application to the US regulator for an Emergency Use Authorization (EUA) of its COVID-19 vaccine candidate. Let us deep dive and discuss in detail: The .....
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Brazil's Vale Agrees To Cough Up $7Bn In Brumadinho Settlement
February 05, 2021 12:53 PM AEDT| By Team Kalkine MediaBrazilian iron ore mammoth Vale S.A. has reached a deal with the state of Minas Gerais and prosecutors to settle the claims concerning the Brumadinho disaster. The iron ore major will now address the environmental and social damage resulting from th...
Microsoft All Praise For New Media Laws Amid Australia-Google Row
February 05, 2021 12:17 PM AEDT| By Team Kalkine MediaThe Australian government’s ongoing efforts for implementation of new media rules has taken a new turn. The rules proposed by the government are said to support the local businesses amid increasing global competition. With the new rules, the.....
