Stocks
Why AMC (NYSE:AMC) Stocks Are Drawing Investor Attention?
January 27, 2021 10:10 AM EST| By Hina ChowdharySummary AMC stocks surged by more than 67 percent in the last five days. The company’s US$917 million fundraise draws investor attention. It plans to use the funds in reinforcing its operations in US, Europe, and the Middle East. &n.....
Etsy Stocks Climb After Elon Musk Tweets He ‘Kinda’ Loves It
January 27, 2021 08:28 AM EST| By Hina ChowdharySummary Tesla and SpaceX founder Elon Musk sent out a tweet on Tuesday saying that he “kinda love(s)” e-commerce platform Etsy Inc. Etsy saw its stocks swing up by about eight per cent to a 52-week high of US$ 226.725 in intraday tr.....
Titan & Orla: 2 TSX Metal Stocks With Attractive Returns
January 27, 2021 08:26 AM EST| By Hina ChowdharySummary Titan Mining (TSX: TI) stock delivered 190 per cent growth in 2020. The company aims to acquire an 80 per cent stake in Scorpio Gold Corporation (TSXV: SGN). Orla Mining scrips soared 243 per cent last year, propelled by record gold pr.....
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.....
TFI International (TSX:TFII) Stocks Soar 29% On UPS Freight Acquisition
January 25, 2021 11:47 AM EST| By Team Kalkine MediaSummary Stocks of the TFI International soared north over its announcement to acquire UPS Freight. TFI expects to complete its transaction with UPS in the next quarter. It is paying US$ 800 million for the acquisition. The Toronto-based compan.....
GameStop (NYSE:GME) Oscillates As Short Sellers & Bullish Traders Clash
January 25, 2021 11:18 AM EST| By Team Kalkine MediaStocks of gaming company GameStop Corporation (NYSE:GME, GME:US) are still on the path of a dizzying upswing, posting a surge of about 103 per cent as the markets opened on Monday morning (11 AM EST). The scrips showed no signs of slowing down while...
Palantir (NYSE:PLTR) Hits All-Time High As Investors Circle Demo Day
January 25, 2021 10:10 AM EST| By Kunal SawhneySummary Stocks of Palantir Technologies Inc jumped over 25 per cent on Friday, January 22, to close at an all-time high of US$ 32.58. Since its big Wall Street debut in September last year, Palantir saw its scrips surge by over 225 per cent in .....
WeCommerce (TSXV:WE) MCap Hits C$1 Bn; Stock Soars 100% Since Debut
January 25, 2021 07:05 AM EST| By Kunal SawhneySummary Led by an 11.5 per cent jump in its stock price on January 22, the junior e-commerce holding’s market cap has breached the C$ 1 billion-mark. WeCommerce’s scrips have swelled by 50 per cent in 2021 alone, with an ROE of 14.1.....
Trans Mountain Pipeline In Spotlight After Keystone XL’s Cancelation
January 25, 2021 06:27 AM EST| By Team Kalkine MediaSummary Many First Nations groups have expressed their interest in purchasing Trans Mountain Corp. The Trudeau government bought it in 2018 after former owner Kinder Morgan failed to expand the 1,150-kilometre line. Some infrastructure experts.....
SunOpta (SOY) & Jamieson (JWEL): 2 TSX Consumer Stocks to Explore
January 25, 2021 06:15 AM EST| By Hina ChowdharySummary Fast-moving Canadian consumer durables remain unaffected in 2020. SunOpta Inc. (TSX: SOY) has seen over 360 per cent growth. Jamieson Wellness Inc. (TSX: JWEL) witnesses over 33 per cent growth Despite widespread coronavirus disru.....
2 BMO ETFs On Investors’ Radar: ZSP & ZWK
January 25, 2021 04:45 AM EST| By Team Kalkine MediaSummary BMO US Banks ETF has surpassed the S&P US Banks Index month-to-date (MTD) performance. The bank fund delivers a monthly dividend of C$ 0.18 per ETF unit, and its dividend yield is almost 8 per cent. The S&P ETF’s scrips h.....
Labrador Iron (TSX:LIF): A High-Dividend Yielding Midcap Metal Stock
January 24, 2021 12:38 AM EST| By Kunal SawhneySummary The Toronto-based metal company’s stock has soared 64 per cent in one year, led by the robust iron ore prices. Labrador Iron Ore’s current dividend yield is almost 22 per cent. The metal company reported debt-free earnings .....
BlackBerry Stock Rallies On FB Settlement, Hardware To Software Shift
January 23, 2021 05:58 AM EST| By Team Kalkine MediaStocks of software company BlackBerry Inc. (TSX: BB) soared north, rising by more than 10 per cent on Friday, after it settled a three-year-old patent lawsuit with Facebook. The cloud computing player’s stock has been advanced by over 43 per .....
Why GameStop (NYSE:GME) Stocks Surged 83% This Week?
January 23, 2021 03:42 AM EST| By Hina ChowdharyStocks of video game retailer GameStop Corporation (NYSE: GME, GME:US) have been frenetically rallying this week, surging over 51 per cent on Friday, January 22, alone. While the stock took off earlier this month after it announced the appointment of...
3 Nanocap Canadian Stocks Offering Triple-Digit Returns
January 23, 2021 03:35 AM EST| By Kunal SawhneySummary An asset management firm’s stock has delivered 341 per cent in one year. A gold corporation’s scrips have zoomed 289 per cent in the past one year. Stocks of a blockchain-backed oil exchange operator have skyrocketed 650 pe.....
Adamis (NASDAQ:ADMP) Stocks Surge On COVID & Walgreens Developments
January 22, 2021 11:40 AM EST| By Kunal SawhneySummary Adamis stocks shot up by over 50 per cent on Friday morning, January 22. The shares had surged by about 75 per cent on Wednesday after it announced submitting an Investigational New Drug (IND) named Tempol to the FDA for a COVID-related.....
TC Energy (TSX:TRP) Stocks Jump Despite Keystone XL Job Cuts Notice
January 22, 2021 10:22 AM EST| By Kunal SawhneySummary TC Energy Corporation is planning to slash over 1,000 construction jobs at its Keystone XL project. The decision comes after US President Joe Biden canceled the cross-border pipeline’s construction permit on Wednesday. Following .....
Intel, AMD, & IBM: 3 Buzzing Microchip Stocks
January 22, 2021 09:45 AM EST| By Hina ChowdharySummary Intel’s stock bounced over 6 per cent, as the company reported the record growth in 2020 revenue. IBM scrips fell 7 per cent in the pre-market session on January 22, over weaker earnings per share on a year-over-year basis. AMD s.....
Vinco Ventures (NASDAQ:BBIG) Stock Pops 196% On Merger With ZASH
January 22, 2021 06:09 AM EST| By Kunal SawhneySummary Stocks of Vinco climbed over 196 per cent on Thursday as the M&A firm announced to combine with ZASH Global Media, a digital influencer platform. ZASH holds 2 billion monthly views on its platforms, with a network of over 350 millio.....
Eldorado Gold (TSX:ELD) To Acquire QMX Gold (TSXV:QMX) For C$132Mn
January 22, 2021 06:07 AM EST| By Hina ChowdharySummary Gold producers Eldorado and QMX merger deal is expected to complete by late March or early April this year. Eldorado will provide a 39.5 per cent premium to QMX stockholders. Scrips of the senior gold miner have swelled 46 per cent in .....