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Technology
Fastly (FSLY) Rebounds From Premarket Dip. Still A Buy?
June 08, 2021 12:46 PM EDT| By AnujStocks of cloud-based software services provider Fastly Inc (FSLY:US, NYSE:FSLY) bounced back by as much as seven per cent (10:20AM EST) on Tuesday, June 8, after dipping earlier in the day. The stock had plunged by nearly two per cent in the premar...
Was Amazon (NASDAQ:AMZN) A Penny Stock?
June 07, 2021 02:35 PM EDT| By Team Kalkine MediaAmazon Inc (NASDAQ:AMZN, AMZN.US) has not only reaped healthy returns for its shareholders over the years, but with its ever-expanding strategy and strong fundamentals, it also continues to be an attractive option for future investors. But was this...
Amazon's (AMZN) Jeff Bezos Heading To Space On Blue Origin Flight
June 07, 2021 01:07 PM EDT| By Raza NaqviAmazon (NASDAQ:AMZN, AMZN:US) boss Jeff Bezos is ready to travel to outer space on the first crewed flight of his aerospace company, Blue Origin. Mr Bezos is reportedly set to be joined by his younger brother, Mark Bezos, on this journey. Informing...
4 IPOs & SPAC Mergers To Look Forward To In Tech Sector
June 01, 2021 11:44 AM EDT| By Team Kalkine MediaWith the market for initial public offerings (IPO) seeing much interest among investors, many technology enthusiasts are seeking the right opportunity to invest in a tech player’s public listing. With that in mind, let’s explore some upc...
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Will Dye & Durham (TSX:DND) Stock Price Rise With Privatization Plans?
May 31, 2021 10:31 AM EDT| By AnujStocks of Dye & Durham (TSX:DND) jumped as much as 18 per cent on Monday (9:35AM EST), May 31, as the company announced that its management is exploring options to go private. The software player stated through an exchange filing that a group of...
BlackBerry (TSX:BB), An Undervalued Stock Or A Long-Term Performer?
May 26, 2021 01:52 PM EDT| By AnujStocks of BlackBerry Limited (TSX: BB) surged as much as 10 per cent at 1:32 PM ET, on Wednesday, May 26. In January this year, Reddit-based WallStreetBets community propelled frenzy buying of the software stock, leading it to a record high of...
Lightspeed (LSPD) & Shopify (SHOP): Best Stocks To Buy & Watch
May 26, 2021 06:28 AM EDT| By AnujThe big-tech rally and robust quarterly earnings from the software firms have supported markets’ broad-based bull run across Wall Street and Bay Street. On the Toronto Stock Exchange, top tech stocks Lightspeed POS Inc. (TSX:LSPD) and Shopify I...
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3 US Tech Stocks To Buy As Inflation Anxiety Eases
May 25, 2021 08:53 AM EDT| By Raza NaqviAs inflation anxiety eases in the US, stocks in the technology sector are making gains. Notably, ten sectors under the S&P 500 surged and the Nasdaq 100 outpaced major equity benchmarks on Monday, May 24. Some market experts are sceptical and be...
Newegg (NEGG) Stock Is Rising: Right Time To Buy?
May 21, 2021 09:52 AM EDT| By AnujE-commerce company Newegg Inc became a hot topic of discussion in the stock market world after it announced the completion of its merger with Chinese medical equipment maker Lianluo Smart (NASDAQ:LLIT) on Thursday, May 20. The joint entity has been...
Lightspeed (LSPD) Stock Zooms On Record Q4 Revenue: Right Time To Buy?
May 20, 2021 12:23 PM EDT| By AnujSummary Stocks of tech firm Lightspeed POS Inc (TSX:LSPD) rocketed by as much as 12 per cent at opening bell on Thursday, May 20. The surge came following the release of its latest quarterly earnings and outlook. The Canadian software company .....
MoSys (MOSY) Jumps 44%: Should You Buy This Semiconductor Stock?
May 20, 2021 07:04 AM EDT| By Raza NaqviSummary Stocks of semiconductor manufacturing company MoSys Inc (NASDAQ:MOSY, MOSY:US) jumped 44 per cent on Wednesday, May 19. MOSY shares have been riding high over the past week, recording a jump of 81.4 per cent. Its five-day average tradi.....
Shopify (TSX:SHOP) Partners With Google, Stock Climbs. Worth A Buy?
May 19, 2021 11:11 AM EDT| By Raza NaqviSummary Stocks of e-commerce giant Shopify Inc (TSX:SHOP) reflected an upward curve on Wednesday morning, May 19. On Tuesday, the stock shot up by three per cent to close at C$ 1365.65. The growth comes in the wake of the latest announcement t.....
BlackBerry (TSX:BB): A Buy Stock For Long-Term Investors?
May 18, 2021 05:25 AM EDT| By AnujStocks of BlackBerry Limited (TSX:BB) began rebounding from last week’s lows and gained almost one per cent on the New York Stock Exchange (NYSE) in after-market hours on Monday, May 17. Investors have been counting on BlackBerry stocks for lo...
Should You Buy Tecsys (TSX:TCS) Stock Today?
May 17, 2021 08:06 AM EDT| By AnujStocks of technology company Tecsys Inc (TSX:TCS) have dropped nearly 39 per cent in the last three months. Does that mean it is time to lose interest in this stock? A number of factors drive a stock’s long-term price trends, one of them being...
Looking For Jr Tech Stocks To Buy? Try Blackline (BLN) & Sangoma (STC)
May 13, 2021 02:41 PM EDT| By Raza NaqviSummary The information technology sector outperformed most sectors in 2020 amid the pandemic. This year too, as work-from-home operations and demand for online services persist amid rising COVID cases, this sector is likely to witness a boom .....
2 Cybersecurity Stocks To Buy Amid Colonial Pipeline Hack Crisis
May 13, 2021 12:28 PM EDT| By Raza NaqviOver the past few years, the risk of cyberattacks has significantly grown. The world has witnessed numerous cases of data breaches, crypto-jacking, attempts on hacking government servers, etc. Most recently, US company Colonial Pipeline was forced to...
Amazon Dodges US$300 Million EU Tax Order
May 12, 2021 07:23 PM EDT| By Team Kalkine MediaSummary European judges noted that the European Commission failed to show proof of preferential treatment to Amazon by Luxembourg. European Commissioner for Competition Margrethe Vestager had filed the tax evasion case against Amazon. In 2020,.....
Photon Control (TSX:PHO): Is It Time To Sell This Stock?
May 11, 2021 10:34 AM EDT| By Raza NaqviSummary Stocks of Canadian company Photon Control Inc (TSX:PHO) shot up by about 17 per cent to closed at C$ 3.63 on Monday, May 10. The surge came after tech firm MKS Instruments Inc (NASDAQ:MKSI) announced its plans to acquire Photon Control .....
Nuvei (TSX:NVEI) Revenue Climbs 80%. Worth A Buy?
May 10, 2021 12:40 PM EDT| By Raza NaqviSummary The electronic payment processing company posted revenue of US$ 149.9 million in Q1 2021. In September 2020, when Nuvei made its debut on the Toronto Stock Exchange (TSX). Over 185K NVEI shares were traded on an average in the past 90 .....
LEDS Stock: What’s Behind Sudden Rise of Taiwanese SemiLEDs?
May 07, 2021 05:31 AM EDT| By Raza NaqviStocks of Taiwanese company SemiLEDs (NASDAQ:LEDS) jumped from US$ 5.5 to US$ 10.22, up by about 86 per cent on Thursday, May 6. However, there was no news from the company that led to this sudden spike and it seems that this was caused by possible.....
