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Palantir (NYSE:PLTR) Stock Climbs 135% Since September 2020 Debut
April 13, 2021 12:06 AM PDT| By Team Kalkine MediaSource: Bro Crock, Shutterstock Summary The data analytic firm went public on NYSE in September 2021 through a direct listing. Palantir’s revenue in 2020 rose 47 percent year-over-year to US$1.09 billion. The Denver-based company antici...
2 COVID Vaccine Stocks to Watch In 2021
April 09, 2021 04:52 PM PDT| By Team Kalkine MediaSource:solarseven, Shutterstock Summary Moderna anticipates US$18.4 billion in sales from its COVID-19 vaccines in 2021. Pfizer forecasts COVID-19 vaccine revenue in 2021 to hit US$15 billion. Moderna’s stock skyrocketed over 430 percen...
Facebook Removes 16,000 Groups over Fake, Misleading Reviews
April 09, 2021 01:36 PM PDT| By Team Kalkine MediaSource:pkstudio, Shutterstock Summary The UK competition watchdog finds evidence of fake reviews on Facebook and Instagram. The social media giant had removed 188 groups earlier after CMA highlighted such concern. The authority has also flagg...
Amazon Wins Key Vote Against Drive For Alabama Warehouse Union
April 09, 2021 01:32 PM PDT| By Team Kalkine MediaSource:Tada Images, Shutterstock Summary Of the total votes, 1,798 were against unionizing while 738 were in favor. This verdict successfully thwarts an attempt to unionize warehouse workers in America. However, the retail, wholesale, and depa...
Why FuboTV Inc. (NYSE:FUBO) Is in Spotlight Today?
April 09, 2021 11:57 AM PDT| By Team Kalkine MediaSource:issaro prakalung, Shutterstock Summary FuboTV stocks jump 17 percent after securing streaming rights to World Cup qualifying matches. The deal gives the company streaming rights to 70 matches, including the World Cup qualifiers. The st...
Taking Cue From Uber, Lyft, Grab Eyes US Listing Via SPAC Deal
April 08, 2021 03:52 PM PDT| By Team Kalkine MediaSource:ANDRANIK HAKOBYAN, Shutterstock Summary Singaporean ride-hailing company to announce a SPAC merger for US listing. The deal could value Grab at US$35 billion. Lyft and Uber saw their stocks recover in 2020 despite reporting losses....
Prosus To Reduce Stake In Tencent To 28.9%
April 08, 2021 10:59 AM PDT| By Team Kalkine MediaSource:Pla2na, Shutterstock Summary Prosus plans to cut its stake in Tencent to 28.9 percent from 30.9 percent by selling 191.9 million shares. South Africa-based Nasper, which owns Prosus, is the largest shareholder in Tencent. Tencent&rsquo...
Five Blue-Chip Stocks For Long-Term Investment
April 01, 2021 08:32 PM PDT| By Team Kalkine MediaSource:ShutterstockProfessional, Shutterstock Summary Blue-chip stocks are industry leaders which managed to weather the storms in the market. These companies have gained tremendous respect and support for products and services. Their proven...
Three Utility Stocks To Watch In 2021
April 01, 2021 08:28 PM PDT| By Team Kalkine MediaSource:Robert Kneschke, Shutterstock Summary Shares of Florida-based energy company NextEra grew nearly 28 percent in 2020. American Water Works Company’s net income jumped 14 percent in 2020. Brookfield Infrastructure’s funds fro...
Three Mid-Cap Stocks That Hold Promise For Long-Term Investors
April 01, 2021 08:20 PM PDT| By Team Kalkine MediaMid-cap stocks are usually fast-growing, profitable, and stable. Although mid-cap stocks constitute a significant part of the stock market, some investors tend to overlook them, given that most of their focus remains on either fast-growing or .....
Will 2021 Be Better Than 2020 For Telecom Stocks?
March 31, 2021 05:38 PM PDT| By Team Kalkine MediaSource:Andrey_Popov, Shutterstock US telecommunication stocks saw a mixed performance in 2020. While some companies have seen robust growth, others struggled to keep up. For instance, the stocks of AT&T Inc. (NYSE:T) and Verizon Communications I...
3 US Penny Stocks To Watch Out For In 2021
March 30, 2021 05:50 PM PDT| By Team Kalkine MediaSource:ShutterstockProfessional, Shutterstock Summary Stocks of Exela Technologies have more than doubled in price over the past six months. Ideanomics buys a 20% stake in the Italian motorcycle company Energica for US$13.2 mn. Sun Pacific to...
3 NYSE-Listed Gold Stocks to Watch in 2021
March 29, 2021 10:01 AM PDT| By Team Kalkine Media' expects annual gold equivalent production to be 2.4 million ounces in 2021. Gold price soared over 24 percent in 2020. The yellow metal, which started trading at US$1,521 per ounce at the start of 2020, touched all time high of US$2,089.2 per...
Nike, H&M, Adidas Face Chinese Boycott, Social Media Heat
March 25, 2021 07:15 PM PDT| By Team Kalkine MediaSource: Joyseulay, Shutterstock Summary Beijing criticizes these fashion brands for their remarks on Uyghurs in Xinjiang. Social media users ask Adidas to leave while calling for boycotting other foreign brands. Popular actor Wang Yibo e...
How is Intel turnaround going?
March 24, 2021 11:15 PM PDT| By Tribhuwants and raised first quarter FY21 guidance due to better trading conditions. Late last year, Third Point LLC Chief Executive Daniel Loeb asked the firm to improve shareholder value after buying a stake in Intel. He highlighted that Intel competi...
Banking Outage Hits Wells Fargo Customers Amid Stimulus Payment
March 19, 2021 07:27 PM PDT| By Team Kalkine MediaSource:GH Studio, Shutterstock Summary Some 150,000 checks, worth about US$442 million, were disbursed in the latest round. Banks to make 90 million payments in parcels as part of the third round of covid aid. Wells Fargo stocks (NYSE:WFC) we...
Toyota, Honda, Samsung To Halt US Production As Supplies Dwindle
March 17, 2021 07:18 PM PDT| By Team Kalkine MediaSource: Scharfsinn, Shutterstock Summary Most firms were reportedly relying on old stocks to maintain their limited production levels. Toyota, Honda, Samsung face severe shortage of components which may affect business. Samsung’s T...
Apple Fends Off First Legal Challenge After App Privacy Changes
March 17, 2021 07:11 PM PDT| By Team Kalkine MediaSource:Rido, Shutterstock Summary French competition authority deflects move against Apple over its new app privacy settings. Apple to restrict third-party access of its users’ browsing data through an opt-in option. Big Tech companies...
Three US media stocks in focus amid global streaming boom
March 14, 2021 12:52 AM PST| By Team Kalkine MediaSource:zimmytws, Shutterstock Summary Media businesses are gaining strong traction on the back of shifting consumer preferences and technological advancements. People now have more options for content as per their choice. Undeniably, medi...
Kansas City (NYSE:KSU) Stock Jumps 12% On Canadian Pacific Deal
March 12, 2021 07:22 PM PST| By Team Kalkine MediaSource:Halfpoint, Shutterstock Summary Canadian Pacific to acquire US freight rail company Kansas City Southern for $25 billion. The transaction will be a combination of stock and cash, pending approval from regulators. The entity to be named...
