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Technology
How Are Tech Stocks Shopify (TSX:SHOP) & Open Text (TSX:OTEX) Performing?
November 14, 2020 12:34 AM AEDT| By Hina ChowdharySummary Shopify’s stocks declined by over 13 per cent on the back of Pfizer’s vaccine update on Monday. However, the tech stock recovered more than 7 per cent the next day. Stocks of Shopify’s have soared about 139 per cent ye.....
Why Apple (NASDAQ: AAPL) & Sony Are Vying for Wondery?
November 11, 2020 01:11 AM AEDT| By Kunal SawhneySummary Apple Inc and Sony Music Entertainment are aiming to acquire Wondery, one of the largest podcast publishers headquartered in California, United States. The US-based podcaster is seeking US$300 million to US$400 million in a possible sal.....
Lightspeed POS (TSX:LSPD) Stocks Rally After 62% YoY Revenue Growth & Asset Purchase
November 06, 2020 11:21 PM AEDT| By Kunal SawhneySummary Lightspeed POS (TSX: LSPD) shares are currently trending on the TSX, having jumped 24 per cent so far in November. It also recently hit headlines with its second quarter 2021 financial results, in which it posted a revenue growth of 62 .....
US Stocks Watch: Google Revenue Jumps 14%, Apple Delays iPhone 12 Sale
November 01, 2020 03:10 PM AEDT| By Team Kalkine MediaSummary Google stock soared after its parent company Alphabet Inc reported 14 per cent jump in third quarter revenues to US$46 billion. Apple Inc.’s iPhone 12 sale delayed; 5G handsets will not be available till mid-November. Google&rsqu.....
Shopify (TSX:SHOP) Revenues Up 96% To US$767.4 Million In Q3 2020
October 30, 2020 11:23 PM AEDT| By Hina ChowdharySummary Shopify Inc gross profit grew 87 per cent to US$405.1 million in Q3 2020 The stock has advanced by 151.10 per cent YTD In the third quarter, Shopify rolled out Shop Pay Installment, a “buy now, pay later” feature to help me.....
Microsoft (NASDAQ:MSFT) Stocks Gain, AMD Falls Post Latest Quarter Announcement
October 29, 2020 10:15 PM AEDT| By Team Kalkine MediaSummary Advanced Micro Devices (AMD) and Microsoft Corporation stocks have been trending on the stock market this week. AMD announced its decision to acquire rival company Xilinx Inc in an all-stock buyout of US$35 billion. Microsoft scrips ju.....
Spotlight on TSX Tech Stocks as CEOs Seek Bold Policies From Trudeau: SHOP, LSPD, CSU
October 29, 2020 04:34 AM AEDT| By Kunal SawhneySummary Canada fell two spots behind Slovenia to rank 22nd in the 2020 Bloomberg Innovation Index. Over 130 tech heads wrote to PM Trudeau demanding supportive ecosystem to nurture innovation and commercialization of ideas. Shopify’s sto.....
PayPal, Nuvei Corp, GoldMoney: 3 FinTech Stocks On The Move
October 25, 2020 03:10 PM AEDT| By Team Kalkine MediaSummary PayPal’s stock has bounced back by an astonishing 150 per cent increase since the pandemic-led crash on March 24. PayPal added 21.3 million new accounts in Q2 FY20, a 137 per cent YoY growth. Nuvei’s stock has swelled nearl.....
Intel Stocks (NASDAQ:INTC) Drop Post Q3 Report Release, AMD Gains
October 24, 2020 06:38 PM AEDT| By Kunal SawhneySummary Stocks of Intel Corporation (NASDAQ: INTC) slumped after it posted its third quarter results on Friday, October 23, reflecting a lowered revenue and operating income. Following the news, AMD shares climbed over three per cent on Fri.....
BlackBerry (TSX:BB) & Cloudflare (NYSE:NET): Cybersecurity Stocks in Focus
October 20, 2020 06:46 PM AEDT| By Team Kalkine MediaSummary Cybersecurity stocks like BlackBerry Limited (TSX: BB) and Cloudflare Inc (NYSE: NET) gained traction in Canada since the CRA website cyberattacks in July and August. BlackBerry shares jumped in October after announcing its partnership .....
Nuvei, Lightspeed & GoldMoney: Canadian Fintech Stocks Bloom in Pandemic
October 16, 2020 03:25 AM AEDT| 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.....
Why Are Tech Stocks AMD (NASDAQ:AMD) and IBM (NYSE:IBM) Rallying?
October 10, 2020 02:15 PM AEDT| By Kunal SawhneyShares of American tech giants Advanced Micro Devices Inc (NASDAQ: AMD) and International Business Machines Corporation (NYSE: IBM) are currently rallying on the stock markets. While AMD hit headlines on Thursday with the news of its latest Ryzen 5.....
Lightspeed (TSX:LSPD) & Fastly (NYSE:FSLY): 2 Trending Tech Stocks
October 09, 2020 09:59 PM AEDT| By Team Kalkine MediaSummary Fastly (NYSE:FSLY) and Lightspeed (LSPD:TSX) among top trending stocks in Canadian markets this week. Lightspeed declared Q1 2021 results that shows revenue of US$36.2 million. In Q3 2020, Fastly became available on the Google Cloud Ma.....
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Blackberry (TSX:BB) and Absolute (TSX:ABT): 2 TSX Cybersecurity Stocks on Investor’s Radar
October 02, 2020 10:00 PM AEST| By Team Kalkine MediaAccounts of thousands of Canadians were compromised in two recent cyberattacks on the Canada Revenue Agency. In the latest incident, the cybercriminals reportedly targeted over 48000 accounts. These acts highlight.....
How Palantir (NYSE:PLTR) and Asana (NYSE:ASAN) Stocks Fared on Debut Day?
October 02, 2020 12:00 AM AEST| By Team Kalkine MediaSummary Palantir Technologies and Asana Inc made their much-awaited Wall Street debut this week. At US$ 10 per share price, data mining firm Palantir’s market valuation stands at US$ 22 billion. Workplace app Asana debuted at a price of .....
Shopify Inc (TSX: SHOP) and Nuvei Corporation (TSX: NVEI): 2 Thriving Tech Stocks
September 25, 2020 11:55 PM AEST| By Team Kalkine MediaSummary Tech stocks have been an investor favorite throughout the pandemic. The S&P/TSX Capped Information Technology index shows a year-to-date growth of over 35 per cent. Tech companies Shopify Inc and Nuvei Corporation showed increased .....
Tesla Battery Day and Microsoft Xbox Preorder Put US Stocks on Limelight For Canadians
September 25, 2020 05:12 AM AEST| By Team Kalkine MediaSummary Stocks of leading American companies Microsoft Corporation (NASDAQ: MSFT) and Tesla (NASDAQ: TSLA) have performed relatively well through the pandemic. Investors had their eyes on Tesla stocks in the anticipation of its ‘Battery...
Nuvei Technologies And Unity Software Join Tech-Tonic IPO Rush Of 2020
September 19, 2020 12:55 AM AEST| By Hina ChowdharySummary Nuvei Technologies Corp (TSX: NVEI) scripted the biggest tech IPO on the Toronto Stock Exchange, raising US$ 700 million from the market. Video game developer Unity Software Inc. (NYSE: U) expects to raise US$ 1.3 billion through its IP.....
AMD, Tesla and Apple: 3 US Tech Stocks Every Canadian Investor Should Look At
September 17, 2020 07:00 AM AEST| By Team Kalkine MediaSummary Stocks of leading American companies Apple Inc (NASDAQ: AAPL), AMD (NASDAQ: AMD) and Tesla (NASDAQ: TSLA) have performed well amid the COVID-19 crisis. Tesla’s stocks saw a recent surge in value following ‘Battery Day’.....
Netflix, Apple, Facebook, Microsoft: A Primer on Top Tech Stocks Beyond Shopify
September 13, 2020 10:42 AM AEST| By Team Kalkine MediaTech stocks have been a favorite among investors through the troubled times of COVID-19. Though they crashed by over 8 per cent in the first week of September, the TSX tech index has seen a steady growth of 35.5 per cent year-to-date. In the last s.....
Canadian AI All-Stars: Unveiling the Top Stocks for 2024