Biggest TSX Movers Today: Hut 8 Mining, Bitfarms, Hive, First Quantum, and More…
By Jitendra Parashar (Fri, October 15, 2021) The TSX Composite Index surged to a fresh intraday high of 20,923 — up about 0.5% for the day. A consistent rally in oil and base metal prices, surprisingly better-than-expected U.S. retail sales data released this morning, and strong corporate earnings are driving TSX stocks higher. Here are the Canadian […]
Why Meme Stock and Bitcoin Mining Play LM Funding America (LMFA) Is Flying Today
By william White (Fri, October 15, 2021) NASDAQ:LMFA) stock is rising higher on Friday despite a lack of news concerning the company.© Provided by InvestorPlace a crypto mining rig representing LMFA stock. Meme traders love LMFA stock and their influence is likely helping shares rise higher today. The stock is seeing heavy trading with some 54 […]
What’s Behind the Energy Crunch in Britain and Europe
By Stanley Reed (Thur. October 14, 2021) Just as economies seemed to be returning to something like normal, an energy crunch has hit Britain, the rest of Europe and much of the world. Natural gas, the main focus of this squeeze, is crucial for generating electricity, running factories and heating homes. It is also seen […]
Atlantic Council Releases new report on international technology standards and geopolitics
By Atlantic Council (Thur, October 14, 2021) The Atlantic Council’s GeoTech Center today released a landmark report studying the relationship between technology standards setting and geopolitics, titled “Standardizing the future: How can the United States navigate the geopolitics of international technology standards?” The report, published in partnership with the American Edge Project, studies the geopolitical dynamics surrounding technology […]
Energy from bogs: Estonian scientists use peat to make batteries
By Reuters (Wend, October 13,2021) Peat, plentiful in bogs in northern Europe, could be used to make sodium-ion batteries cheaply for use in electric vehicles, scientists at an Estonian university say. Sodium-ion batteries, which do not contain relatively costly lithium, cobalt or nickel, are one of the new technologies that battery makers are looking at […]
Competition from Tesla sees Volkswagen accelerate electric vehicle shift
By Reuters (Wend, October 13, 2021) Competition from new entrants to Germany’s autos market such as Tesla has pushed Volkswagen to accelerate plans to transform its main plant towards producing electric vehicles, the company said on Wednesday. “There is no question that we have to address the competitiveness of our plant in Wolfsburg in view […]
Health experts dismayed at Texas Gov. Abbott’s ban on vaccine mandates as state nears 70,000 COVID deaths, and U.K. government slammed for mismanaging pandemic in new report
By Ciara Linnane (Tue, October 12, 2021) Public health experts reacted with dismay Tuesday to the news of Texas Gov. Greg Abbot’s executive order banning any company or entity, public or private, from enforcing COVID-19 vaccine mandates, which comes as the U.S. government and others step up the use of mandates as they work to […]
Ahead of Market: 12 things that will decide stock action on Wednesday
By Chiranjivi Chakraborty (Tue, October 12, 2021) The Nifty50 index on Tuesday formed a bullish candle on the daily chart but was unable to sustain the recently formed higher highs as the index failed to close above the 18,000-mark once again. Here’s how analysts read the market pulse: Gaurav Ratnaparkhi, Head of Technical Research, Sharekhan […]
Stock market news live updates: Stocks mixed as investors await earnings, oil prices extend gains
By Emily McCormick (Mon, October 11, 2021) Stocks traded mixed on Monday as investors mulled ongoing signs of inflation and supply-related challenges and awaited more data on corporate earnings. The S&P 500, Dow and Nasdaq traded little changed Monday afternoon. Treasury yields gained across the curve, and the benchmark 10-year yield hovered around 1.61%, or […]
Surging oil prices lift U.S. material, energy stocks; Yen wilts
By Koh Gui Qing (Mon, October 11, 2021) Oil prices surged on Monday to multi-year peaks, boosting U.S. materials and energy stocks, but fears that rising prices would exacerbate supply-chain snags caused Wall Street to give up early gains.https://bdaca05bcb204a105aa384e4eb6f8468.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html Higher vaccination rates against the coronavirus have supported a revival in economic activity, helping Brent prices to […]