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Technology
BlackBerry & Cloudflare: 2 Cybersecurity Stocks Worth Exploring
December 07, 2020 08:44 AM EST| By Hina ChowdharySummary Cybercrimes have cost the global economy over US$ 1 trillion, said a recent McAfee study. At least 92 percent of companies worldwide were impacted beyond financial crisis by cybercrimes, it found. Stocks of cybersecurity companies such.....
Airbnb To Raise IPO Target Share Price: What Does That Mean?
December 07, 2020 03:23 AM EST| By Team Kalkine MediaSummary Airbnb Inc is reportedly planning to increase the target price range of its initial public offering. The company is expected to debut on Nasdaq on Thursday, December 10. Airbnb had announced on December 1 that with a share price range .....
3 Rising TSXV Tech Stocks: Facedrive, Converge & Blackline Safety
December 05, 2020 12:39 AM EST| By Hina ChowdharySummary The S&P/TSX Venture Information Technology Index is up 47+ per cent year-to-date. Facedrive, Converge Technology Solutions and Blackline Safety Corp are three tech stocks that have fared well this year. Facedrive and Converge Techn.....
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Spotify (NYSE:SPOT) & Apple: 2 Trending Musical Streaming App Stocks
December 03, 2020 04:51 AM EST| By Team Kalkine MediaSummary Spotify stock (SPOT: US or NYSE: SPOT) hit an all-time high with a nearly 12.6 per cent surge on the back of its "2020 Wrapped" launch on December 2. The stocks are trading 117 per cent up year-to-date (YTD). Apple unveiled Music Repla.....
How Did Snowflake (NYSE:SNOW) Fare In 1st Earnings Report As Public Company?
December 03, 2020 04:45 AM EST| By Team Kalkine MediaSummary Snowflake Inc posted its first earnings report as a publicly listed company on December 2, reporting a 119 per cent year-over-year (YoY) growth in its revenue for the third quarter of fiscal 2021. Following the release of its latest qua.....
Why Are BlackBerry (TSX: BB) Stocks Rallying On The TSX?
December 02, 2020 03:33 AM EST| By Team Kalkine MediaSummary BlackBerry (TSX: BB) stocks skyrocketed on Tuesday after it announced its latest agreement with Amazon Web Services (AWS) to build and market its Intelligent Vehicle Data Platform (IVY). The stocks shot up nearly 19 per cent to close at.....
As Canada Post Preps For Holiday Season Rush, Look At 2 Stocks Easing Online Shopping
December 01, 2020 08:39 AM EST| By Team Kalkine MediaSummary Shopify stocks grew by almost 170 per cent year-to-date (YTD). The ecommerce giant registered revenue from subscription solutions of US$ 245.3 million in Q3 2020, a 48 per cent gain year-over-year. Stocks of Nuvei have soared nearly 35.....
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DoorDash Launches IPO: What’s In Store For The Food Delivery Giant?
December 01, 2020 04:21 AM EST| By Team Kalkine MediaSummary DoorDash has launched the roadshow for its initial public offering (IPO). Stocks of the unicorn are expected to be listed on the New York Stock Exchange (NYSE) under the ticker of ‘DASH’. The food delivery company had confi.....
Why Are Tech Stocks Slack And Salesforce Trending?
November 27, 2020 12:08 AM EST| By Team Kalkine MediaSummary Salesforce is reportedly set to acquire Slack Technologies. This transaction could beat Facebook’s US$ 19-billion acquisition of WhatsApp in 2014. On the acquisition news, stocks of Slack soared nearly 38 per cent on November 25. .....
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Drone Delivery Canada (TSXV:FLT) & AeroVironment: Why Are Drone Stocks Climbing?
November 26, 2020 12:00 AM EST| By Team Kalkine MediaSummary Stocks of Drone Delivery have rebounded nearly 54 per cent since the pandemic-led meltdown on March 24. Robin XL & Condor’s pre-selling testing results are getting positive market reactions in Canada and globally, as per Drone.....
This Software-Cum-Logistic Stock Flourishes Amid COVID-19
November 23, 2020 06:20 AM EST| By Team Kalkine MediaThe technology industry, one of the booming sectors amid the coronavirus outbreak, has rallied to record highs, leading to several software companies accumulating unprecedented wealth. The rally may continue as investors expect more growth from these...
Why NVIDIA (NASDAQ:NVDA) & CIIG (NASDAQ:CIIC) Stocks Are In Spotlight?
November 20, 2020 06:50 AM EST| By Team Kalkine MediaSummary NVIDIA Corporation (NASDAQ: NVDA) stocks skyrocketed by 128 per cent year-to-date (YTD) as online gaming business boomed amid the coronavirus pandemic. The company posted a record revenue in the third quarter fiscal 2021, up 57 per cent.....
DoorDash Files For IPO. What Next?
November 16, 2020 09:19 AM EST| By Hina ChowdharySummary DoorDash Inc filed for an initial public offering on Friday, November 13. The online food delivery showed a substantial rise in its revenue this year. The company had confidentially applied for a public listing back in February. DoorD.....
Why is Sony’s PS5 the biggest trend in Canadian markets today?
November 13, 2020 04:21 PM EST| By Team Kalkine MediaSummary Sony Corporation’s (NYSE:SNE) PlayStation 5 (PS5) launched in North American and Mexican markets on Thursday, November 12 The PS5 consoles reportedly flew off the digital shelves soon after they were launched. Sony shares climbed.....
Why Are Palantir (NYSE:PLTR) & Manulife (TSX:MFC) Stocks Trending?
November 13, 2020 09:03 AM EST| By Team Kalkine MediaSummary Palantir Technologies Inc (NYSE: PLTR, PLTR:US) and Manulife Financial Corporation (TSX: MFC) stocks have been trending on the Toronto Stock Exchange this week. Palantir stocks have been soaring in November since the company announced i.....
How Are Tech Stocks Shopify (TSX:SHOP) & Open Text (TSX:OTEX) Performing?
November 13, 2020 08:34 AM EST| 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 10, 2020 09:11 AM EST| 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 07:21 AM EST| 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 12:10 AM EDT| 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 08:23 AM EDT| 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.....
