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Takung Art (NYSE:TKAT) Stock Forecast: NFT Craze To Continue?
March 18, 2021 10:57 PM AEDT| By AnujSource: solarseven, Shutterstock Stocks of Takung Art Co. Ltd. (TKAT:US or NYSE: TKAT) soared over 277 per cent on Wednesday, March 17, amid the ongoing Non-Fungible Token (NFT) frenzy. The Hong Kong-based company operates through digital platform...
Empire Sets Eye on Longo’s and Grocery Gateway, Signs US$357Mn Deal
March 17, 2021 09:22 PM AEDT| By Ipsita SarkarSource: Thaiview, Shutterstock Summary Empire to acquire 51 per cent stake in Longo’s, based on US$700-million valuation. The deal has choices to expand up to 100 per cent ownership of the company over time. Longo’s to use Empire'...
JD's Revenue Growth Indicates E-Commerce Boom In China
March 12, 2021 11:49 PM AEDT| By Team Kalkine MediaSource: Kriang kan, Shutterstock Chinese e-commerce giant JD.com Inc (NASDAQ: JD) reported a 31 per cent growth in its fourth-quarter 2020 sales, indicating a boom in the online retail industry as the country restores normalcy after the COVID-19 pan...
2 Auto Stocks To Buy Before Prices Skyrocket
March 12, 2021 09:45 PM AEDT| By Ipsita Sarkars sales jumped 12 per cent to C$10.6 billion in Q4 ended December 31, 2020. Canadian automobile equipment makers, Linamar Corp. (TSX: LNR) and Magna International Inc, (TSX: MG) may be the dream stocks you are looking to buy for long-term growth...
Move Over GameStop! Find Value In This Game Stock
March 11, 2021 07:36 AM AEDT| By Ipsita SarkarSource: TZIDO SUN, Shutterstock Summary DraftKings (NASDAQ:DKNG) scrips returned 265 per cent in the last one year. It has the largest online sports betting presence across the US. The company raised its long-term profit target. St...
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GameStop Stock Jumps on E-Commerce Shift & Ryan Cohen’s Appointment
March 09, 2021 05:12 AM AEDT| By AnujSource: Oleg Krugliak, Shutterstock GameStop Corp. (GME:US or NYSE: GME) stock climbed nearly 14 per cent on Monday, March 8, after it roped in Wall Street darling Ryan Cohen, the co-founder of Chewy.com (CHWY:US or NYSE: CHWY), for transitioning in...
Is Alimentation Couche-Tard (TSX:ATD) A Good Buy?
March 09, 2021 05:07 AM AEDT| By Shreya BiswasSource: Fascinadora, Shutterstock Summary Stocks of Canadian retail chain Alimentation Couche-Tard (TSX:ATD.B) are on the move. Its trending stock was up 0.24 per cent at the time of writing this (10.30AM EST) on Monday, March 8, and ref...
ChargePoint (NYSE:CHPT) & NIO: 2 EV Stocks For A Green Future
March 03, 2021 12:22 AM AEDT| By AnujSource: Travelpixs, Shutterstock The electric vehicle (EV) industry has been thriving as investors continue to park their funds in green stocks. This industry is not only confined to EV manufacturers, but also includes firms that are engaged i...
Can Fake Meat Replace Human’s Gastronomic Meaty Palate?
February 28, 2021 04:13 PM AEDT| By Ipsita Sarkart also supplies faux meats to fast-food chains such as KFC, Taco Bell, and Pizza Hut. While this may seem farfetched for the famished meat-eaters, the idea is slowly gaining grounds in some parts of the world. Unlike the case of vegetarianism vs...
Why Are Sypris Solutions (SYPR) Stocks Rising?
February 25, 2021 11:31 PM AEDT| By AnujSource: Phonlamai Photo, Shutterstock Summary Stocks of Sypris Solutions have skyrocketed over 190 per cent intraday and ended the trading session with a surge of more than 90 per cent on Wednesday. This whopping rise came after the company&rs...
Workhorse (WKHS) Stocks Sink 48% As Rival Oshkosh Bags US Postal Contract
February 24, 2021 09:06 PM AEDT| By Shreya BiswasSource: Shutterstock Stocks of utility vehicles manufacturer Workhorse Group Inc (NASDAQ:WKHS, WKHS:US) sank by nearly 48 per cent on Tuesday, February 23, after rival Oshkosh Corporation (NYSE:OSK, OSK:US) beat it to a vital US Postal Service contr...
Denny's (NASDAQ:DENN): Should You Buy This Restaurant Stock?
February 23, 2021 01:06 AM AEDT| By Ipsita SarkarStocks of North American restaurant chain Denny’s Corporation (NASDAQ: DENN, DENN: US) has been soaring despite reporting weak sales due to the pandemic. After registering 17.5 per cent decline in the one year, the scrips have rebounded nicely,...
Magna’s (TSX:MG) Profit Up 68% YoY - An Auto Stock To Buy
February 20, 2021 03:34 AM AEDT| By AnujSummary Magna stocks surged over 8 per cent on Friday after the company reported profit on a year-over-year basis. The auto company also raised the quarterly dividend by 8 per cent to US$ 0.43 per common share. Stocks of the large-cap vehicle .....
Canadian Tire (TSX:CTC.A) Stocks Soars On Top Line Growth
February 19, 2021 03:39 AM AEDT| By Hina ChowdharySummary Canadian Tire stocks took off on Thursday after the retail chain published its latest financials for year 2020 and its last quarter earlier in the day. Canadian Tire’s e-commerce sales galloped by a whopping 142 per cent year-over.....
Hermes International Stocks Are Up Because Of A Celebrity V-Day Gift!
February 17, 2021 01:19 AM AEDT| By Kunal SawhneySummary Luxury goods company Hermès International SA (EPA: RMS, HESAF:US) has been trending on the stock markets for an unusual reason. In a recent social media post, model Lori Harvey revealed that boyfriend Michael B Jordan has bought .....
AutoCanda & North West: 2 TSX Consumer Stocks To Explore
February 07, 2021 04:07 PM AEDT| By Hina ChowdharySummary Growth in certain categories of consumer stocks indicates they weathered well the turbulence of pandemic Covid-19. Stocks of automobile retail chain AutoCanada Inc. rides on recent acquisitions and expansions. Household retail giant No.....
ATA Creativity (AACG) Stocks Plummet After 951% Surge
February 06, 2021 02:26 AM AEDT| By Kunal SawhneyInvestors stopped and stared at the stocks of Beijing-based educational firm ATA Creativity Global (NASDAQ:AACG, AACG:US) as they surged by over 951 per cent on Thursday, February 4. The stock price jump came with a notable rise in its trading volume...
Canada Goose (TSX:GOOS) Up 22%: Should You Buy This Consumer Stock?
February 06, 2021 12:12 AM AEDT| By Kunal SawhneyThe pandemic-triggered drop in consumer spending, especially when it came to non-essentials such as seasonal clothing, saw Canada Goose’s (TSX:GOOS) business take a hit earlier in 2020. But its latest, generally positive earnings report r...
Canada Goose (TSX:GOOS) Nets C$107Mn, Stocks Off To A Flying Start
February 05, 2021 03:12 AM AEDT| By Kunal SawhneySummary Canada Goose stocks lead trends after positive Q1 earnings report. A significant boost in e-commerce business in Asian markets helps improve performance. Its 2021 Q1 revenue rose nearly five percent to $474 million. Consum.....
West Fraser (TSX:WFT) Closes Multi-billion Dollar Acquisition Of Norbord
February 04, 2021 10:10 PM AEDT| By Kunal SawhneySummary West Fraser concluded its acquisition of Norbord and offered 0.675 of West Fraser’s common share in return for every outstanding share of Norbord. Stocks of West Fraser have yielded 58 per cent returns in one year, with a price-ea.....
Canadian AI All-Stars: Unveiling the Top Stocks for 2025