Stock market
Shopify (TSX:SHOP) Reports 110% YoY Revenue Growth in Q1, Stocks Spike
April 29, 2021 02:24 AM AEST| By AnujSummary Stocks of Shopify Inc (TSX:SHOP) jumped as much as 10 per cent on Wednesday (11.14AM EST). Its stock was also up over 5.3 per cent in premarket trading on the New York Stock Exchange (NYSE). Its top line soared 110 per cent to US$ 988......
GameStop, AMC & NAKD Soar: Reddit-Fueled Meme Stocks Back For A Rally?
April 27, 2021 09:50 PM AEST| By AnujReddit-based retail investors seem to be at it again. Meme stocks that went on a massive rally around late-January this year rose sharply again on Monday, April 26. Day traders on Reddit forums took center stage earlier this year when they triggered...
Churchill (CCIV) Stock Up 16%: Why Is Lucid's SPAC Partner Soaring?
April 27, 2021 07:16 PM AEST| By Team Kalkine MediaStocks of blank check company Churchill Capital IV (NYSE:CCIV, CCIV:US) shot up by over 16 per cent on Monday, April 27. The spike came following rumors that electric vehicle (EV) company Lucid Motors is partnering with Apple (NASDAQ:AAPL, AAPL:US.....
5 TSX Stocks To Buy Before April Ends
April 27, 2021 02:18 AM AEST| By Team Kalkine MediaMany Canadian investors looking for a passive income source come to the Toronto Stock Exchange (TSX) to explore their options. As of market close, over 170 million shares were traded on the S&P/TSX Composite Index on Friday, April 23. If...
Alphawave IPO: What’s Different About This Canadian Chipmaker’s Debut?
April 24, 2021 02:23 PM AEST| By AnujCanadian chipmaker Alphawave is all set to go public. But instead of aiming for stock exchanges at home or the tech-heavy US platform of Nadsaq, it is going all the way across seas to get listed on the London Stock Exchange (LSE). The Toronto-based...
2 Industrial Stocks To Buy This Quarter
April 24, 2021 02:53 AM AEST| By Team Kalkine MediaCanada’s industrial sector suffered gravely last year due to the coronavirus outbreak. But as the Canadian economy recovers, the sector could rebound as well. A report by International Monetary Fund (IMF) predicted that the country’s e.....
2 Gaming Stocks To Buy As Canada Sports Betting Bill Heads For Senate
April 23, 2021 09:32 PM AEST| By Team Kalkine MediaSummary In a bid to make single-event sports betting legal, members of the House of Commons passed a bill on Thursday, April 22. Bill C-218 has been sent to the Senate for reading and adoption. Score Media CEO John Levy said in a statement tha.....
Zymergen Raises $500Mn In Upsized IPO: A ‘Biofacturing’ Firm To Watch
April 22, 2021 08:37 PM AEST| By Team Kalkine MediaSummary Biotechnology company Zymergen Inc is said to have generated US$ 500 million in proceeds in its upsized initial public offering (IPO) on Wednesday. It reportedly sold 16.13 million shares at US$ 31 apiece at its upsized IPO. Zymergen, .....
How To Invest In Lion Electric Stocks?
April 21, 2021 10:02 PM AEST| By Shreya BiswasSummary Investors’ interest in Lion Electric Company was renewed after reports said that IKEA and its delivery partner Second Closet plans to deploy 15 of its electric truck in Canada this fall. The Canadian carmaker created quite a buzz .....
Canada's Absorb Software, Valued At $500Mn, To Be Bought By US Firm
April 21, 2021 06:08 PM AEST| By Shreya BiswasSummary Calgary-based tech firm Absorb Software said on Tuesday, April 20, that it is being purchased by American private equity company Welsh, Carson, Anderson and Stowe. Absorb, however, did not disclose the deal’s financial terms.. Th.....
CN Rail (CNR) Raises Bid Against Rival CP To Buy Kansas City Southern
April 21, 2021 03:38 AM AEST| By AnujCanadian Pacific Railway Limited (TSX:CP) and Canadian National Railway (TSX:CNR) are in the midst of an epic bidding war over the acquisition of transportation company Kansas City Southern (KSU:US or NYSE: KSU). The clash reached a new level on Tue...
Canada Budget 2021: Does Fiscal Deficit Translate into Bad Economics?
April 20, 2021 09:00 AM AEST| By Team Kalkine MediaSource:TeeStocker, Shutterstock Canada’s fiscal deficit for 2020-21 is a staggering C$354.2 billion, informed Finance Minister Chrystia Freeland’s while presenting her first budget. The Liberal government is spending beyond its means in...
Canada Budget 2021: 10 Key Highlights You Cannot Miss
April 20, 2021 08:35 AM AEST| By Shreya BiswasSource: ©Kalkine Group 2021 It’s a big day for Canada as the Trudeau-led Liberal government unveils its first federal budget in two years. People from across the country tuned in on their various gadgets to find out what Finance Minister...
5 Things To Watch Out For Before Liberals Announce Federal Budget 2021
April 20, 2021 01:47 AM AEST| By Team Kalkine MediaSource: Joyseulay, Shutterstock Summary Trudeau government will likely spend more on clean energy alternatives and building sustainable infrastructure. The COVID-19 pandemic affected women in jobs more than men, to support them the government...
6 Hours to Budget 2021: Here's How Canadian Equity Markets Are Reacting!
April 20, 2021 01:00 AM AEST| By AnujSource: HNK, Shutterstock Less than six hours to the first Canadian budget in two years, and market optimism is high. After hitting an all-time high on Friday, the S&P/Toronto Stock Exchange (TSX) Composite Index continued in positive territory...
Will Canadian Markets Witness A Rerun Of 2020?
April 17, 2021 04:06 AM AEST| By Team Kalkine MediaSource: whiteMocca, Shutterstock The year 2021 is playing out virtually the same way as 2020. Pandemic-induced lockdowns have reappeared and return to normal economic activity is no way on cards. Are there any lessons to be learnt from stats of TSX...
Does Doge Stock Exist? How To Buy A Dogecoin?
April 17, 2021 01:12 AM AEST| By AnujSource: mk1one, Shutterstock Dogecoin is flying to the moon, and newbie investors are frantically searching for ‘Doge stock’. However, there is no Doge stock. Doge is a meme-based crypto token, which is available on cryptocurrency exch...
Esports Technologies (EBET) Debuts With A Bang, Jumps Over 500%!
April 16, 2021 11:30 PM AEST| By Shreya BiswasSource: Jo Panuwat D, Shutterstock Summary Online sports betting platform Esports Technologies (NASDAQ:EBET) launched its initial public offering (IPO) on Thursday, April 15. Its stocks took off to record a whopping 500 per cent gain on its ve...
2 Canadian IPOs To Look Forward To
April 16, 2021 08:42 PM AEST| By Shreya BiswasSource: Zita, Shutterstock While a third wave of the COVID-19 infection is causing some worries, businesses are trying to brace themselves the best they can. Amid all this, some privately held companies are pursing the goal of getting publicly liste...
2 Top TSX Stocks To Buy Today Under C$50
April 15, 2021 02:26 AM AEST| By Team Kalkine MediaSource:ekapol sirachainan, Shutterstock Summary Despite the pandemic, the market rallied after an initial plunge. Now might be the right time to invest. On April 5, 2021, the S&P/TSX Composite Index hit a record high and closed up 36.47 po...