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Technology
6 hottest Canadian tech stocks to buy & hold for long-term gains
July 14, 2021 11:12 AM EDT| By Shreya BiswasCanada is often recognized as the best maple syrup producing country along with gorgeous landscape. But over the years, the economy evolved and Canadians saw an opportunity in multiple sectors, ranging from energy to tech space. While investors mostl...
Orbsat jumps 95%: Is it time to buy OSAT stock?
July 13, 2021 01:18 PM EDT| By Team Kalkine MediaSummary Stocks of Orbsat Corp (NASDAQ:OSAT, OSAT:US) jumped 95 per cent at market open on Tuesday, July 13. It was trading at US$ 13 (10AM EST). The spike came as the satellite communications solutions provider made a corporate announcement ea.....
Top 10 software stocks to buy in Q3 2021
July 13, 2021 11:10 AM EDT| By Ipsita SarkarThe outbreak of COVID-19 ushered the digital revolution to a whole new level as more businesses moved to the online platform to survive the lockdown and social distancing protocols. The adoption of rapidly growing concepts like Artificial Intelligenc...
Branson steals the march on Bezos in billionaires’ space race
July 12, 2021 08:18 PM EDT| By Furquan MoharkanSummary Richard Branson has beaten Jeff Bezos to the punch in billionaires’ space tourism race. With a price tag between US$200,000 to US$250,000 per ticket, an advance sale of about 600 tickets from 60 different countries has already bee.....
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Stamps to be acquired by Thoma Bravo: What happens to STMP stock?
July 09, 2021 10:43 AM EDT| By Raza NaqviSummary Stocks of Stamps.com Inc. (NASDAQ:STMP, STMP:US) jumped 64.5 per cent in the premarket trading hours on Friday, July 9, after the company announced its merger plans with Thoma Bravo. The stocks had closed trading at US$ 197.72 per share.....
6 best Canadian e-commerce stocks to buy right now
July 09, 2021 10:39 AM EDT| By Shreya BiswasSummary Some of the best performing e-commerce stocks on the TSX have returned at least 20 per cent in the last three months. Demand for e-commerce platforms, which were already in the rise, catapulted during covid. Companies with technologica.....
DTST skyrockets: Is Data Storage a rallying meme stock?
July 07, 2021 12:58 PM EDT| By AnujSummary Data Storage stock jumped over 61 per cent on Wednesday, July 7 (10:15AM EST). This surge appears to have come on the back of a meme stock rally. The IT firm earns its net income from cloud-based services and data protection solutions......
Is BlackBerry a better investment than other meme stocks?
July 06, 2021 10:22 AM EDT| By AnujStocks of BlackBerry Limited (TSX:BB) have gained 79 per cent this year. While some Wall Street analysts believe that this surge was motored by the meme stock rally, others think its business transition from hardware to software played a role in it....
Data Is New Oil. Here is why.
July 01, 2021 02:06 AM EDT| By Furquan MoharkanIt is said that “Data is the new oil. Like oil, data is valuable, but if unrefined it cannot really be used.” It was famously first coined by Clive Humby, UK Mathematician, and architect of Tesco's Clubcard. Data seems to be most sought...
Cuentas (NASDAQ:CUEN) skyrockets 211%. A fintech stock to buy?
June 30, 2021 12:13 PM EDT| By AnujStocks of mobile banking firm Cuentas Inc (CUEN:US, NASDAQ:CUEN) expanded by about 211 per cent at opening bell on Wednesday, June 30. Within an hour of trading, it reflected a trading volume of 78 million shares. The surge came after the fintech fi...
Didi stock: When & where to buy shares of this ride-sharing giant
June 30, 2021 07:23 AM EDT| By Team Kalkine MediaDidi Global Inc (NYSE:DIDI) is set to debut on New York Stock Exchange under the ticker 'DIDI' on Wednesday, June 30. The Chinese ride-hailing giant raised US$4.4 billion in an upsized deal on Tuesday after setting the IPO price at US$14, at t...
MMAT stock: Why is Meta Material's stock price swinging?
June 28, 2021 12:56 PM EDT| By Team Kalkine MediaThe newly launched stock of Meta Material Inc. (NASDAQ:MMAT) made its presence left on the stock markets ahead of its debut on Monday, June 28. Gaining investor attention, MMAT stock surged six per cent in premarket trading. However, after the tradi...
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This tech stock soared 211 per cent in the past year. Should you buy it?
June 25, 2021 10:26 AM EDT| By Raza NaqviCanada's technology industry witnessed an unprecedented surge since 2020 as dependence on tech products or services soared. However, this sector was already in boom phase before the arrival of the pandemic. According to the Government of Canada, the...
Canada’s social media bill can change what you see on Netflix, FB & YT
June 22, 2021 01:09 PM EDT| By AnujThe Trudeau government passed the controversial C-10 digital bill on Tuesday that seeks to regulate programming disseminated by media streaming and digital platforms like Netflix, Facebook and YouTube. However, the bill requires passing the scrutiny...
What’s the link between ByteDance and TikTok?
June 22, 2021 02:37 AM EDT| By Tripti JoshiByteDance, the most valuable start-up in the world, is the developer of social networking services and video-sharing apps such as TikTok and Douyin. Douyin is the Chinese-specific counterpart to TikTok. ByteDance was founded by Zhang Yiming in Marc.....
Best Canadian fintech stocks to buy on TSX today
June 21, 2021 12:14 PM EDT| By Team Kalkine MediaFinancial service is one of the largest sectors not just in Canada, but across the world. The growth of technology has pushed companies to offer a range of financial services just a few screen ta...
UTime (NASDAQ:UTME) stock dips 72%: Buy or sell call?
June 18, 2021 05:45 AM EDT| By Raza NaqviSummary UTime Limited debuted on the Nasdaq on April 6, 2021. The Chinese mobile manufacturer had raised US$ 15 million from the gross proceeds of the IPO. Currently, the UTME stock is plunging. Read this article to know more about the stock. .....
SPI Energy (SPI) is surging. A clean stock to buy?
June 16, 2021 01:47 PM EDT| By AnujStocks of SPI Energy Co Ltd (SPI:US, NASDAQ:SPI), a photovoltaic solutions provider, shot up over 18 per cent on Wednesday, June 16 (10AM EST). Witnessing a heaving buying, the stock recorded a one-hour volume of nearly 10 million shares on Wednesday...
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Shopify (SHOP) stock rises on Google & Facebook deal: Buy & hold?
June 16, 2021 08:54 AM EDT| By AnujShopify Inc (TSX:SHOP) is all set to expand its collaboration with Google and Facebook Inc, bolstering its e-commerce checkout system for all retailers. On the back of this development, SHOP stocks improved by almost two per cent on Tuesday, June 15...
ALFI (ALF) soars 94% on Uber deal: A tech stock to buy?
June 15, 2021 12:13 PM EDT| By Raza NaqviSummary Stocks of newly listed ALFI Inc (NASDAQ:ALF, ALF:US) surged 94 per cent to US$ 6.62 (10:20AM EST) on Tuesday, June 15. The surge came after the company announced its newest deal. ALFI made its public debut on the Nasdaq stock market on.....
