GameStop's Mad Rally: Musk & Palihapitiya Tweets Trouble Short-Sellers

• January 26, 2021 12:20 AM EST
• Kunal Sawhney

Following the COVID-19 led slump in March 2020, the S&P/TSX Composite Index bounced back by 56 per cent in the last three quarters of the year. The index gained 2.2 per cent last year, led by surge rallies in technology, biotechnology, and gold s...

• January 26, 2021 12:00 AM EST
• Hina Chowdhary

Summary Tech behemoths Microsoft, Apple, AMD, Facebook, and Tesla will report their earnings by this week. These tech stocks have posted remarkable gains in recent quarters, buoyed by homebody economy. Nasdaq rallied 14 per cent by Monday midd...

• January 25, 2021 11:18 AM EST
• Team Kalkine

Stocks of gaming company GameStop Corporation (NYSE:GME, GME:US) are still on the path of a dizzying upswing, posting a surge of about 103 per cent as the markets opened on Monday morning (11 AM EST). The scrips showed no signs of slowing down while ...

• January 25, 2021 10:10 AM EST
• Kunal Sawhney

Summary Stocks of Palantir Technologies Inc jumped over 25 per cent on Friday, January 22, to close at an all-time high of US$ 32.58. Since its big Wall Street debut in September last year, Palantir saw its scrips surge by over 225 per cent in ...

• January 25, 2021 08:32 AM EST
• Hina Chowdhary

Summary Churchill Capital shares rose to their highest level ever at US$ 22.67 on Friday, January 22. The blank check company issued an official statement on January 19, saying that it will “not comment” on inquiries pertaining to a...

• January 25, 2021 06:27 AM EST
• Team Kalkine

Summary Many First Nations groups have expressed their interest in purchasing Trans Mountain Corp. The Trudeau government bought it in 2018 after former owner Kinder Morgan failed to expand the 1,150-kilometre line. Some infrastructure experts...

• January 24, 2021 12:41 AM EST
• Hina Chowdhary

There is almost always an underlining debate going on about whether a said celebrity deserves the accolades they have received for their acting or singing chops. And while we common folk keep brewing over that, some of these celebrities use their fam...

• January 23, 2021 05:58 AM EST
• Team Kalkine

Stocks of software company BlackBerry Inc. (TSX: BB) soared north, rising by more than 10 per cent on Friday, after it settled a three-year-old patent lawsuit with Facebook. The cloud computing player’s stock has been advanced by over 43 per ...

• January 23, 2021 03:42 AM EST
• Hina Chowdhary

Stocks of video game retailer GameStop Corporation (NYSE: GME, GME:US) have been frenetically rallying this week, surging over 51 per cent on Friday, January 22, alone. While the stock took off earlier this month after it announced the appointment of...

• January 22, 2021 11:40 AM EST
• Kunal Sawhney

Summary Adamis stocks shot up by over 50 per cent on Friday morning, January 22. The shares had surged by about 75 per cent on Wednesday after it announced submitting an Investigational New Drug (IND) named Tempol to the FDA for a COVID-related...