Stock market
Air Canada (TSX:AC) and WestJet (TSX: ONEX): Trending Aviation Stocks
October 19, 2020 12:17 PM EDT| By Team Kalkine MediaSummary The Canadian aviation sector, reeling under the impact of coronavirus pandemic, has sought government intervention and some sort of bailout. Air Canada (TSX: AC) and WestJet (TSX: ONEX) are trying to hold strong amidst the turbulent wea.....
Rubicon Organics (TSXV:ROMJ) & Auxly Cannabis (TSXV:XLY): 2 Junior Pot Stocks to Explore
October 19, 2020 07:12 AM EDT| By Kunal SawhneySummary Rubicon OrganicsTM ranks among TMX Money’s Rising Stars– a list of 50 upcoming TSXV stocks that have posted the largest price gains in the last three months. Auxly Cannabis Group’s 10-day average trading volume is 2.33.....
Renewable Energy Stocks on Rise as Canada Nurtures CleanTech Dream
October 19, 2020 07:05 AM EDT| By Team Kalkine MediaSummary Solar and wind energy are the ‘fastest growing sources of electricity’ in Canada, according to the Natural Resources Canada. However, a 2019 report pointed that since 2005, Canada has recorded a paltry 2% fall in its greenho.....
Canadian Stock Market’s Psychedelic Trip with MindMed & Revive Therapeutics
October 18, 2020 12:20 AM EDT| By Team Kalkine MediaIn August this year, the Canadian government approved a controversial psychedelic treatment for four terminal cancer patients. The recipients were administered the drug found in the so-called magic mushrooms or shrooms, to ease their end-of-life di.....
GreenPower Motor & Lithium Americas: 2 EV Stocks Amid Canada’s Green Push
October 16, 2020 01:06 PM EDT| By Team Kalkine MediaSummary Canada’s way out of the COVID-19 pandemic is going to be "green", said PM Justin Trudeau recently. GreenPower Motor stocks are up a staggering 672 per cent year-to-date (YTD). The Lithium Americas’ stocks have climbed nearl.....
Aphria (TSX: APHA) Releases Quarterly Results, Aurora (TSX:ACB) Sells Key Asset
October 16, 2020 01:02 PM EDT| By Team Kalkine MediaSummary The S&P TSX cannabis index tumbled over six per cent on Thursday as cannabis stocks fell following the release of Aphria’s Q1 FY21 financial results . Aphria’s net revenue was down 4.3 per cent quarter-over-quarter (QoQ).....
‘Dynamite’ Market Debut for Big Hit Entertainment, The Label Behind BTS
October 16, 2020 12:59 PM EDT| By Team Kalkine MediaImage Source: BTS Summary Big Hit Entertainment raised 962.6 billion won (US$839.4 million) in its IPO. The stocks soared as high as 160 per cent from its IPO price on the first day of trading. BTS members, who were already millionaires, are...
Real Estate Stocks Madison Pacific (TSX:MPC) & Altus Group (TSX:AIF) Gain Ground
October 16, 2020 06:59 AM EDT| By Team Kalkine MediaSummary Canada’s real estate market is staring at a bubble risk. Home prices touched C$975,980 in September, an 11 per cent increase from the same period last year. Altus Group Limited (TSX:AIF) stocks have gained by 45.54 percent this .....
Canadians’ Shift Towards Plant-based Meat Reflect on Vegan Stock Performances
October 15, 2020 12:27 PM EDT| By Team Kalkine MediaSummary Canada is witnessing a rise in plant-based food habits amid the coronavirus pandemic. The Canadian government invested nearly C$ 100 million into plant-based protein manufacturer Merit Functional Foods in June this year. Stocks of plan.....
Nuvei, Lightspeed & GoldMoney: Canadian Fintech Stocks Bloom in Pandemic
October 15, 2020 12:25 PM EDT| By Team Kalkine MediaSummary The pandemic has thrust fintech and paytech companies into the spotlight as consumers shift from cash to virtual payment systems. Nuvei’s stock has surged 17 per cent since its stock market debut in September this year. Lightspee.....
NIO & Tesla Stocks Zoom As Electric Vehicle Market Heats Up
October 15, 2020 09:44 AM EDT| By Team Kalkine MediaSummary Canadian trade union Unifor and Ford Motor Company have signed a deal to repurpose an Oakville plant for the future production of electric vehicles. Stocks of electric vehicle makers such as NIO Inc and Tesla Inc have fared well during .....
Kinross (TSX:K) & Barrick Gold (TSX:ABX): 2 Rallying Gold Stocks
October 15, 2020 08:19 AM EDT| By Team Kalkine MediaSummary Gold saw a solid climb during the early months of the pandemic with the S&P/TSX Global Gold Index gaining 42.59 per cent year-to-date. Kinross Gold stocks have surged nearly 100 per cent this year while Barrick Gold stocks gained ov.....
WELL Health (TSX: WELL) & CloudMD (TSXV:DOC): 2 Healthcare Stocks Gathering Steam
October 14, 2020 12:39 PM EDT| By Team Kalkine MediaSummary The TSX healthcare index is down 31.52 per cent year-to-date (YTD). However, the index has gained 13.20 per cent quarter-to-date. The healthcare space has witnessed a sea of change amid pandemic times. WELL Health Technologies Corp (TS.....
BlackBerry (TSX:BB) & Cineplex (TSX:CGX): 2 Trending Stocks Under C$ 7
October 14, 2020 09:16 AM EDT| By Team Kalkine MediaSummary Cyber stocks such as BlackBerry Limited have been in demand since over 48,000 accounts were hit by credential stuffing at the Canada Revenue Agency (CRA) Cineplex stocks suffered a great deal as major films either got delayed till 2021 .....
Bombardier (TSX:BBD) & TFI International (TSX:TFII): 2 Industrial Stocks Gaining Traction
October 14, 2020 07:36 AM EDT| By Team Kalkine MediaSummary Bombardier’s revenues saw a sharp fall in the second quarter of 2020 to C$2.7 billion from C$4.3 billion in Q2 2019. Logistics company TFI International’s stock has gained 53 per cent year-to-date. Both these industrial sto.....
Amazon (NASDAQ:AMZN) Stock Surges Amid Prime Day Event
October 13, 2020 01:27 PM EDT| By Team Kalkine MediaSummary Stocks of Amazon Inc (NASDAQ: AMZN) jumped nearly five per cent on Monday ahead of its Prime Day event. Delayed from its usual slot in July, the two-day Prime Day sale is now set to run on October 13 and 14. Amazon workers in Germany h.....
Why healthcare stocks Johnson & Johnson (NYSE:JNJ) & Medigus (NASDAQ:MDGS) are trending?
October 13, 2020 01:10 PM EDT| By Team Kalkine MediaHealthcare stocks rallied on Tuesday morning as soon as the markets opened after a long Thanksgiving weekend. The TSX healthcare index was up by 35 points or 0.67 per cent at the time of filling this report. Canadian stocks CloudMD (TSXV:DOC) and W.....
Air Canada (TSX:AC) & Transat (TSX:TRZ) Stocks Trend on TSX After Revised Deal
October 13, 2020 10:59 AM EDT| By Team Kalkine MediaSummary Air Canada (TSX: AC) has revised its purchase deal with holiday travel operator Transat AT Inc (TSX: TRZ). Air Canada will now offer C$ 5 per share from the previous C$ 18 under the amended deal. Transat’s shares are down 76.34 p.....
Aphria Inc (TSX:APHA) and Fire & Flower (TSX:FAF): 2 Trending Cannabis Stocks
October 13, 2020 09:02 AM EDT| By Team Kalkine MediaSummary Cannabis stocks spiked on Monday after both Republicans and Democrats talked about the federal legalization of recreational marijuana in the US. Aphria Inc is set to release its first quarter fiscal 2021 results on October 15 and is cur.....
Air Canada, Delta Air Lines and United Airlines: Why Are These Airline Stocks Trending?
October 12, 2020 12:21 AM EDT| By Kunal SawhneySummary Many airline companies have recently urged governments to ease the COVID-related travel restrictions. Stocks of US airline companies like United Airlines and Delta Air Lines rose recently after President Donald Trump announced plans to .....