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Stocks
Enbridge (TSX:ENB) & Cenovus (TSX:CVE): 2 Active Energy Stocks
February 01, 2021 11:44 AM EST| By Kunal SawhneySummary The TSX Capped Energy Index’s one-year return has declined by more than 30 per cent. Despite the decline, stocks of Enbridge and Cenovus continue to be among the most active stocks on the TSX. In the last three months, Enbridge a.....
Is Canada’s EV Market Heading For A Boom?
February 01, 2021 11:22 AM EST| By Hina ChowdharySummary With more American EV companies investing in Canada-based facilities, the country could be closer to its goal to be a global leader in the EV movement than ever before. In the last six months, two major US-based automakers have announce.....
Supreme Cannabis (VFF) & Village Farms (FIRE): TSX Pot Stocks On Rise
February 01, 2021 10:13 AM EST| By Kunal SawhneyThe Canadian cannabis industry has recovered from the COVID-19 led slump and delivered 16 per cent returns in the last one year. The S&P/TSX Cannabis Index has surged by 44.67 per cent this year as Joe Biden, the new US president entere.....
Exxon & Chevron Merger On Cards?
February 01, 2021 07:40 AM EST| By Hina ChowdharySummary Exxon and Chevron initiated their merger discussion last year, as per multiple media reports. Both oil companies may resume talks in the future. Stocks of both the energy giants declined last year due to volatile global oil prices. St.....
Four Canadian Penny Stocks Worth Exploring
January 31, 2021 12:57 AM EST| By Team Kalkine MediaSummary An international energy company’s shares are up 76 per cent month-to-date (MTD). Scrips of a blockchain stock have soared 138 per cent this month. A constituent company of the first Psychedelic ETF (exchange traded fund) Index is.....
Ford Lures Chinese with Mach-E, Mustang; Eyes Lucrative EV market
January 31, 2021 12:09 AM EST| By Kunal SawhneySummary Ford to launch its electric vehicle Mach-E in China. The company also plans to manufacture its prized Mustang cars locally. Ford China sold 602,627 vehicles last year in the Chinese market. US automaker Ford Motors Corp plans to m.....
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.....
Canopy Growth (TSX:WEED), Aphria & HEXO: 3 Growth Pot Stocks
January 29, 2021 09:36 AM EST| By Hina ChowdharySummary Aphria’s stock has soared over 85 per cent, driven by the higher cannabis revenue growth in Q2FY20. Canopy Growth’s scrips are up 50 per cent month-to-date, uplifted by its possible entry in the US market. HEXO holds a year.....
Is Sundial (NASDAQ: SNDL) Rally Another Attempt at Short Squeeze?
January 29, 2021 07:15 AM EST| By Kunal SawhneyStocks of NASDAQ-listed Sundial Growers Inc. have skyrocketed over the past two days, leaving many market watchers wondering if it is another attempt at forced short-selling by individual traders hoping to consolidate their positions. Many brokera.....
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American Airlines Stocks Surge Despite 2020 Loss Amid Reddit Shoutout
January 29, 2021 04:45 AM EST| By Team Kalkine MediaSummary Stocks of American Airlines Group Inc surged by more than nine per cent despite reporting record annual losses in its latest financial results on Thursday. The spike came after day traders’ forum on Reddit, WallStreetBets, mention.....
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 .....
Rogers Communications (TSX:RCI.A) Reports 8% YoY Revenue Drop in 2020
January 28, 2021 10:03 AM EST| By Kunal SawhneyCanadian firm Rogers Communications Inc (TSX:RCI.A) reported its 2020 fourth quarter and full-year financial results on Thursday, January 28. While the communications company posted a 14 per cent year-over-year (YoY) increase its free cash .....
Why Solar Alliance Energy (TSXV:SOLR) Stock Popped By 21%?
January 28, 2021 08:20 AM EST| By Kunal SawhneySummary Solar Alliance Energy’s stock popped up 21 per cent as the company bagged a contract to build a 500-kilowatt solar system in Kentucky, US. The green energy stock has gained 1557 per cent in one year and offering a return on equity.....
Canada’s New Trip With First Psychedelic ETF Index
January 28, 2021 06:53 AM EST| By Kunal SawhneySummary Horizons ETF Management launched the world’s first Psychedelic ETF Index on January 26. Stocks of Psyched Wellness jumped over 12 per cent on the back of the psychedelic ETF launch. Its shares have yielded over 232 per cent return.....
Canadian National Railway (TSX:CNR) Stocks Buzz With Q4 Revenue Rise
January 28, 2021 06:52 AM EST| By Kunal SawhneySummary Canadian National Railway reported a two per cent year-over-year (YoY) rise in its revenue for the fourth quarter ending December 31,. It also posted a seven per cent drop in its full-year revenue for 2020. The logistics company hiked .....
Bombardier’s (TSX:BBD) Heavy Intraday Trading Continues, Up 44% MTD
January 28, 2021 06:27 AM EST| By Kunal SawhneySummary Bombardier’s scrips are trading with an average volume of 8.4 million in the past 50 days. The stock has climbed nearly 44 per cent in January 2021, led by US$ 2.3-billion funding by the UK government. The company reported that i.....
Why Naked (NASDAQ:NAKD) Stocks Galloped 252%?
January 28, 2021 05:11 AM EST| By Kunal SawhneySummary Naked stocks, which catapulted by over 252 per cent on Wednesday, are currently under the threat of getting delisted from the Nasdaq exchange. Its latest stock price surge came amid the raging chatroom war between bullish investors and .....
Therma Bright & CloudMD: 2 Trending TSXV Healthcare Stocks
January 27, 2021 11:32 AM EST| By Kunal SawhneySummary CloudMD’s shares climbed by 9 per cent as the company announced to buy Rxi’s pharma logistic services. Stocks of CloudMD have gained over 342 per cent in the last six months. Therma Bright’s one-year return has skyroc.....
GameStop's Mad Rally: Musk & Palihapitiya Tweets Trouble Short-Sellers
January 27, 2021 11:24 AM EST| By Kunal SawhneyGameStop Corporation’s (NYSE:GME, GME:US) epic stock rally shows no sign of slowing down. As the markets opened on Wednesday, January 27, the video retailer saw its stocks surge by nearly 111 per cent (10:45AM EST). Wednesday morning a...
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...
