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Technology
Reddit Valuation Soars To $6 Billion After Latest Fundraiser
February 10, 2021 11:07 AM EST| By Kunal SawhneyRiding high on the wave of attention for the role of one of its communities wallstreetbets that sent the US stock market into a frenzy, social media giant Reddit raised $250 million in series E funding on Monday. Founded in 2003, the compa.....
Extreme Vehicle Battery (CSE:ACDC) Stocks On Gaining Spree
February 06, 2021 09:49 AM EST| By Hina ChowdharySummary The EV battery firm’s stock surged over 38 per cent on Friday, February 5, with a one-day volume of 36 million. The software stock has delivered an astonishing one-year return of 4528 per cent. The company has been exploring the .....
Nuvei (TSX:NVEI) Top Line Surges 50%: Stock Hold Alert!
February 05, 2021 08:16 AM EST| By Kunal SawhneySummary Nuvei posted the interim full year 2020 revenue between US$ 373 million and US$ 377 million, a rise of 50 per cent year-over-year (YoY). Its eCommerce total merchant transaction volume zoomed by 80 per cent last year. Stocks of Nuvei a.....
Facedrive (TSXV:FD): Is This Rallying Stock A Smart Choice To Buy?
February 05, 2021 04:45 AM EST| By Ipsita SarkarSummary Facedrive stocks grew more than 1400 per cent in last one year. The company is almost debt-free, and has interesting projects going forward. It plans to foray into vehicle subscription business, which is set to grow by US$9.15 billion......
Buy Alert! Lightspeed (TSX:LSPD) Revenue Up 79% YoY
February 04, 2021 11:27 AM EST| By Team Kalkine MediaLightspeed (TSX:LSPD) stocks jumped as much as 9.21 per cent on Thursday, February 4, after the software company posted a 79 per cent year-over-year revenue surge in the third quarter of 2021 (ended on December 31, 2020). Its Q3 2021 reported reve.....
Qualcomm (QCOM) & CPS: 2 Tech Stocks To Hold In February
February 04, 2021 11:25 AM EST| By Kunal SawhneySummary Tech companies CPS and Qualcomm are among the most active stocks currently. CPS is debt free; and remains a market leader in key technologies spanning radar, satellite, avionics, high-speed rail, and electric vehicles. Qualcomm on Thur.....
Drone Delivery (TSXV:FLT) In Expansion Mode, Stocks Fly 25%
February 04, 2021 08:06 AM EST| By Kunal SawhneySummary Stocks of Drone Delivery swelled by 25 per cent on Wednesday, as the company revealed its expansion plan. Its year-to-date growth is more than 107 per cent, with an average volume of 2.75 million for the last 30 days. The company also .....
TIXT Stock: Telus Kicks Off Trading In Largest Ever TSX Tech IPO
February 04, 2021 06:06 AM EST| By Kunal SawhneySummary Telus International (TSX:TIXT) saw its stocks jump about 30 per cent to close at C$ 39.95 on its first day of trading on Wednesday, February 2. The company is a subsidiary of Canadian communication giant TELUS Corporation. The Vancouve.....
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BNPL stocks react after the UK proposed regulatory changes
February 03, 2021 11:55 PM EST| By Team Kalkine MediaThe unsecured credit market has been expanding with each passing year. The growing need for credit has risen for the diverse range of goods, demanded by consumers. The popularity of digital lending in the recent past has further expanded the credit.....
Alphabet (GOOG) Stocks Rise As Q4 2020 Revenue Exceed Analyst Forecast
February 03, 2021 12:06 PM EST| By Kunal SawhneySummary Alphabet, the parent company which owns Google and its subsidiaries, posted a 23 per cent year-over-year (YoY) increase in its record revenue of US$ 56.9 billion in the fourth quarter of fiscal 2020. Its full-year revenue for fiscal 202.....
Kia Motors Jump 10% On Rumors Of EV Deal With Apple?
February 03, 2021 12:04 PM EST| By Hina ChowdharySummary Reports claims that Kia Motors Corp is heading for a billion-dollar collaboration deal with Apple Inc to produce electric vehicles. Kia Motors’ stocks are up nearly 10 per cent at KRW 97,700 (C$ 111.97) in the wake of the news. T.....
Spotify’s (NYSE:SPOT) Revenues Rise 17 Percent In 4th Quarter As More Users Sign-Up
February 03, 2021 09:24 AM EST| By Kunal SawhneySummary Spotify currently has 345 million active subscribers across different geographies. Subscription revenue rose by 15% to €1.89 billion as new users from India, Russia sign-up. Ad revenue saw consecutive quarterly growth, rising by 2.....
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Apple Taps Bond Market for the Third Time Amidst Aggressive Share Buybacks and Dividends
February 02, 2021 09:08 PM EST| By Team Kalkine MediaApple Inc plans to sell USD 14 billion worth of bonds in order to take advantage of the current cheap borrowing cost, tapping the market for the third time since May 2020. while funding operations like share buybacks. Image Source: © Kalkine...
Why Blackberry (TSX:BB) Stocks Continue To Draw Investors’ Attention?
February 02, 2021 11:16 AM EST| By Hina ChowdharySummary BlackBerry stocks have been on a bull run, seeing high growth in the past one month. In the past month, BlackBerry stock prices surged more than 100 per cent. BlackBerry specializes in software solutions, protecting end-to-end services.....
Why Sensor Technologies (CSE:SENS) Stocks Galloped 200%?
February 02, 2021 07:01 AM EST| By Hina ChowdharySummary Stocks of Sensor Technologies Corp (CSE: SENS) galloped by over 200 per cent on Monday, February 1. The Canadian sensor systems provider said it plans to purchase all securities of lighting manufacturer EmersonGrow Technologies Inc for .....
What is Neuralink & Why Is This Elon Musk-Founded Firm Trending?
February 01, 2021 04:01 AM EST| By Team Kalkine MediaSummary Elon Musk recently tweeted about job openings at Neuralink Corp, sending investors on a hunt to learn more about the company. He wrote that people with the skills and experience to work on “advanced wearables, phones or robots&rdq.....
Why Has Apple’s New Privacy Tool Peeved Facebook?
January 30, 2021 12:12 AM EST| By Hina ChowdharySummary Apple’s upcoming privacy feature provides users option to opt-in for ad tracking. Facebook, Google fear it may significantly reduce their ad revenues from iOS platforms. Small businesses trying to reach out to potential customers.....
Why Nokia (NYSE: NOK) Stocks Are Trending In North American Markets?
January 28, 2021 11:30 AM EST| By Kunal SawhneySummary Nokia gained over 90 per cent amid the ongoing frenzy between a reddit community and short-sellers. The company issued a statement clarifying it is not aware of development that has led to this rally. Nokia stocks rose by more than 68 .....
A Tech Stock’s Revival Has Investors Hooked
January 27, 2021 11:14 AM EST| By Team Kalkine MediaThis hot stock started making a buzz in the second half of 2020 with its breakthrough collaborations. A big player of the 2000s decade, this company fell from its glory after failing to maintain its market share in the dynamic and fast-paced tech ind...
Nasdaq Rallies Ahead of US Tech Powerhouses Earnings Report This Week
January 26, 2021 12:00 AM EST| By Hina ChowdharySummary Tech behemoths Microsoft, Apple, AMD, Facebook, and Tesla will report their earnings by this week. These tech stocks have posted remarkable gains in recent quarters, buoyed by homebody economy. Nasdaq rallied 14 per cent by Monday midd.....
