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Technology
Extreme Vehicle Battery (CSE:ACDC): Time To Buy This EV Stock?
March 08, 2021 09:36 AM EST| By AnujSource: Chonlawut, Shutterstock Extreme Vehicle Battery Technologies Corp (CSE: ACDC) gained as much as 31.65 per cent by market close on Friday, March 5. The jump came after the firm announced the launch of its advanced battery system IoniX Pro Rec...
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Why Are Canadian Investors Buying Overvalued Tech Stocks?
March 07, 2021 12:59 AM EST| By Shreya Biswas>The Canadian technology sector has returned 51 per cent in the last one year. It is often argued by experts on various forums that technology stocks are overvalued, and investors should be careful before blocking any substantial amount as inves...
Bumble Inc. (NASDAQ:BMBL): Best Growth Stock To Buy in 2021
March 06, 2021 06:26 AM EST| By Team Kalkine MediaBumble Inc. owns two apps, Bumble and Badoo, and both are growing in popularity. The stock of American dating app Bumble Inc. (NASDAQ:BMBL) rallied on Friday after making it to the top trending list of Yahoo and Google. The stock gained 3.37 p.....
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Topicus.com (TSXV: TOI): An Upcoming Tech Stock To Watch
March 05, 2021 12:08 PM EST| By AnujSource: ESB Professional, Shutterstock Summary The Netherland-based provider of software for the diversified vertical market debuted on the TSXV on February 2nd, 2021. Its last one-month return is eight per cent, which has grabbed the attentio...
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Can BlackBerry (BB) Stock Make A Comeback?
March 04, 2021 04:18 PM EST| By AnujSource: Shutterstock Blackberry Limited (TSX: BB) stock had a staggering start to 2021, with a triple-digit return in the month of January. But then, it witnessed a massive sell off last month. Hence, the question arises, ‘what’s next f...
Why Dye & Durham (TSX: DND) Is A Buy Stock?
March 03, 2021 04:37 AM EST| By Ipsita SarkarSource: ESB Professional, Shutterstock Summary Dye & Durham’s revenues grew 96 per cent to C$33.7 million in Q3 ended Dec. 31, 2020. The company to pay a quarterly dividend of C$0.01875 per share, payable by March 12, 2021. CEO Matt...
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Want To Buy Zoom (NASDAQ:ZM) Stock? Here Are 2 Alternatives
March 02, 2021 04:13 AM EST| By Shreya Biswaso-date (YTD). In the last one year, a video stock surged by about 15 per cent. Zoom Video Communications (NASDAQ:ZM, ZM:US) was one of the few companies that gained from the coronavirus pandemic. As more institutions sought out ways to keep in...
Are Technology Stocks More Volatile?
March 01, 2021 10:55 AM EST| By AnujSource: TippaPatt, Shutterstock Summary As most stocks plummeted and investors became skeptical about parking their funds, stocks of technology companies surged to notable levels on the back of the rising demand of tech services in a lockdown s...
Salesforce (CRM) Stock Plunges On Disappointing FY22 Profit Forecast
February 26, 2021 06:43 AM EST| By Shreya BiswasSource: Wright Studio, Shutterstock Summary Salesforce stock price down by 3.9 per cent on account of low 2022 profit projections. Salesforce - Slack deal seen through the lens of skepticism. Its Q4 revenue rose 20 per cent year-over-year to...
Koss Gets A Reddit Bump, Stocks Fly High
February 26, 2021 02:37 AM EST| By Ipsita SarkarSource: ranjith ravindran, Shutterstock Summary Scrips of Koss Corporation (NASDAQ: KOSS) surged 42 percent in morning trade. It was among the top volume leaders on Nasdaq. Company revenues grew by 18.4 percent to US$4.9 million in Q4....
Is BlackBerry (TSX:BB) Stock Still A Buy?
February 25, 2021 07:49 AM EST| By AnujSource: husjur02,Shutterstock Summary BlackBerry stock bounced back more than 8 per cent, with a one-day volume of 7.61 million on Wednesday. The stock was also up 6.80 during its pre-market hours. The company has been expanding its software s...
Shopify (TSX:SHOP) Stock: Is This Profitable Tech Firm A Buy?
February 23, 2021 10:22 AM EST| By Ipsita SarkarCanada’s largest ecommerce platform Shopify Inc. (TSX, NYSE: SHOP) aims to raise US$1.55 billion via a public stock offering of 1.18 million Class A shares priced at US$1,315 apiece. The tech giant aims to use the funds for growth strategies a...
FLT & PHO: 2 Canadian Tech Stocks Under C$5 To Buy Today!
February 22, 2021 09:58 AM EST| By AnujSummary A semiconductor stock has outperformed the S&P/TSX Capped Information Technology Index and yielded four times growth in 2021. Stocks of an optical fiber producer have gained over 128 per cent in one year. On top of that, the firm re.....
Energous (NASDAQ:WATT) Stocks Are Galloping Today!
February 19, 2021 11:01 AM EST| By Kunal SawhneySummary Stocks of tech company Energous Corporation (NASDAQ:WATT, WATT:US) are on the rise, noting a spike of about 36 per cent as of 10.45AM EST on Friday morning. There is no corporate or business related update from the company itself as of .....
Shopify's (TSX:SHOP) Revenue Growth Continues, Up 86% In 2020
February 17, 2021 10:07 AM EST| By Team Kalkine MediaSummary Shopify Inc (TSX:SHOP) recorded an annual revenue growth of 86 per cent year-over-year (YoY) to US$ 2,929.5 million in 2020. In its last quarter of 2020, Shopify saw its revenues surge by a whopping 94 per cent YoY to US$ 977.7 million......
Eye on Shopify, Amazon Rushes to Acquire Rival Selz
February 17, 2021 04:40 AM EST| By Ipsita SarkarSummary Amazon acquires Australian e-commerce firm Selz to fend-off competitions from rivals. The company is now focusing on small online traders to extend its market dominance. Fast-growing Shopify poses as one of the biggest challengers to A.....
Socket Mobile (SCKT) Stocks Soar 709% After iPhone 12 Scanner Launch
February 16, 2021 12:04 PM EST| By Kunal SawhneySummary Stocks of tech company Socket Mobile Inc (NASDAQ: SCKT, SCKT: US) have been galloping this Tuesday morning, February 16. At the time of writing this, Socket stocks were surging past 709 per cent to US$ 26.2 (11:45AM EST). Its stocks be.....
2 TSX Fintech Stocks To Own In 2021!
February 15, 2021 12:01 AM EST| By Hina ChowdharyCanadian tech stocks, much like their American counterparts, rallied in the stock markets last year. We have already seen the gargantuan growth of Shopify (TSX: SHOP), which became the biggest stock by market cap on the Toronto Stock Exchange after.....
When Will Shopify (TSX:SHOP) Stock Cross C$2,000?
February 12, 2021 06:37 AM EST| By Team Kalkine MediaSummary The rallying stocks of Shopify hit an all-time high of C$ 1,900 on Tuesday, with a 33 per cent surge month-to-date (MTD). It has a tempting one-year return of 181 per cent, with a price-to-cashflow ratio of 747. The eCommerce firm expe.....
2 Tech Stocks That Can Double in 2021
February 12, 2021 03:09 AM EST| By Ipsita SarkarSummary Facedrive stocks saw an annual growth of more than 700 per cent. Stocks of Dye & Durham grew by over 230 per cent since they were listed on TSX in July last year. Both are growth stocks that investors would want to track. .....
