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How Is Alibaba Singles’ Day Event Impacting BABA Stock?
November 11, 2020 12:30 PM EST| By Hina ChowdharyAlibaba Singles’ Day 2019 event countdown gala celebration (Source: www.alibabagroup.com) Summary Alibaba’s Singles’ Day sales event has crossed US$ 56.3 billion in gross merchandise volume (GMV). Singles’ Day in...
iShares TSX 60, Invesco QQQ & BMO Canadian: 3 Dividend-Yielding ETFs To Explore
November 11, 2020 12:28 PM EST| By Kunal SawhneySummary The iShares S&P/TSX 60 Index ETF units have recovered over 43 per cent since the COVID-19 caused a market crash on March 24. The iShares ETF delivers a positive return on equity and a positive return on assets of ~12 per cent and 3+.....
Why Are Gold & Silver Prices Tumbling Worldwide?
November 11, 2020 07:01 AM EST| By Kunal SawhneySummary New Covid-19 vaccine hopes from Pfizer sent gold and silver prices crashing. The gold futures dropped by over 5 per cent to US$1,854.40 and silver futures slid by 9.03 per cent to US$23.701. Investors are pulling out money from safe as.....
Why Are Cruise Stocks Carnival (NYSE:CCL) & Royal Caribbean (NYSE:RCL) Trending?
November 11, 2020 12:00 AM EST| By Team Kalkine MediaSummary Shares of cruise companies Carnival Corporations (NYSE: CCL) and Royal Caribbean Group (NYSE: RCL) rallied on Monday, November 9. The cruise stocks began trending following the announcement from pharmaceutical companies Pfizer and BioNT.....
Will Air Canada (TSX:AC) Stock Take Off Once Again?
November 10, 2020 10:26 AM EST| By Kunal SawhneySummary Air Canada’s performance stands out on a quarter-over-quarter basis. It reported total revenues of C$ 757 million in the third quarter of 2020, nearly 44 per cent surge quarter-over-quarter. Shares of Air Canada have soared by ov.....
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.....
Why Are Pfizer Stocks Gaining In North American Markets?
November 10, 2020 06:28 AM EST| By Team Kalkine MediaSummary Major milestone: US pharmaceutical Pfizer (NYSE:PFE, PFE:US) and German biotech BioNTech (Nasdaq: BNTX, BNTX:US) claimed their vaccine candidate for SARS-CoV-2 is 90 per cent effective in preventing COVID. Global stock markets soared, r.....
Why Telecom Stocks Telus (TSX:T) & BCE (TSX:BCE) Are Trending?
November 10, 2020 01:11 AM EST| By Team Kalkine MediaSummary Telus Corporation (TSX:T) announced acquisition of Lionbridge AI for a purchase price of approximately C$1.2 billion. In the third quarter of 2020, the consolidated revenue of Telus Corporation increased by 7.7 per cent to C$4 billion. .....
Canadian Pacific Railway (TSX:CP) & Calian Group (TSX:CGY): 2 Industrial Stocks On The Move
November 09, 2020 12:05 PM EST| By Kunal SawhneySummary Shares of CP Railway have soared by 30.61 per cent in the last six months. CP Railway set a record for shipping Canadian grain and grain goods in October, with 3.04 million metric tonnes (MMT), the first time ever that the railway compa.....
Equitable (TSX: EQB) & Tucows (TSX: TC): 2 ‘Price Performer’ Midcap Stocks
November 09, 2020 07:38 AM EST| By Kunal SawhneySummary Stocks of Equitable Group have rebounded by over 103 per cent since the pandemic led market crash on March 24. Tucows’ stock has swelled by 25.85 per cent year-to-date. Both these stocks have posted high price gains in the past 3.....
Hive Blockchain, The Westaim & Founders Advantage: 3 TSXV Financial Stocks To Explore
November 08, 2020 04:19 AM EST| By Hina ChowdharySummary The scrips of HIVE Blockchain Technologies Ltd gained 450+ per cent YTD. The Westaim Corporation has stakes in investment firms Arena and HIIG group. Founders Advantage Capital Corp generated revenue of C$15 million in Q2 2020. &nbs.....
3 Trending Gold Penny Stocks: Monarch, Amex Exploration & Amarillo
November 07, 2020 04:59 AM EST| By Kunal SawhneySummary Gold stocks have been rallying strong this year, and gold penny stocks present an attractive investment option with potential upsides. Yamana Gold Inc inked a deal with Monarch Gold to acquire its Wasamac and the Camflo properties for .....
Pot Stocks Rally As Cannabis Producers Set Sights on Green Wave in US
November 06, 2020 08:40 AM EST| By Team Kalkine MediaSummary New York State’s governor Andrew Cuomo expressed probability of legalizing recreational pot next year. Canadian pot producers have their sights set on entering the lucrative US cannabis market, and once the recreational pot gets l.....
Lightspeed POS (TSX:LSPD) Stocks Rally After 62% YoY Revenue Growth & Asset Purchase
November 06, 2020 07:21 AM EST| By Kunal SawhneySummary Lightspeed POS (TSX: LSPD) shares are currently trending on the TSX, having jumped 24 per cent so far in November. It also recently hit headlines with its second quarter 2021 financial results, in which it posted a revenue growth of 62 .....
Cargojet (TSX: CJT) & Algoma Central Corp (TSX: ALC): 2 Transport Stocks Worth Exploring
November 05, 2020 06:21 AM EST| By Team Kalkine MediaSummary Canadian freight carrier Cargojet posted total revenues of C$ 162.3 million for the third quarter of 2020, increased from C$ 117.4 million in Q3 2019. Cargojet scrips have skyrocketed by 131.52 per cent this year. Stocks of Algoma Cent.....
TSX Q3 Earnings: Real Estate Stocks FirstService & Colliers International Report Strong Results
November 05, 2020 06:13 AM EST| By Kunal SawhneySummary FirstService Corp reported an adjusted EBITDA of US$88.7 million for the third quarter of 2020, up 15 per cent YoY. FirstService stocks grew 47.45 per cent this year. Colliers posted an adjusted EBITDA of US$ 92.1 million for Q3 2020, .....
Sienna Senior Living (TSX:SIA) & Medical Facilities (TSX:DR): 2 Smallcap Dividend Paying Stocks
November 05, 2020 06:03 AM EST| By Kunal SawhneySummary Sienna Senior Living Inc. pays a cash dividend of C$ 0.936 per common share on an annualized basis. Its current dividend yield stands at 7.946 per cent. Sienna’s stock has increased by 14.81 per cent in the last three months. Med.....
Cannabis Stocks Rally Ahead Of US Election 2020 Results: Aphria, Canopy Growth, Aurora
November 04, 2020 11:30 AM EST| By Hina ChowdharyCanadian cannabis stocks, including those of Aurora Cannabis (TSX: ACB), Canopy Growth (TSX: CGC) and Aphria Inc (TSX: APHA), rode high in the markets this week. The rally comes just as the anticipation around the US presidential election results p.....
Impact of 2020 US Election on Canada’s Aluminum & Energy Sector
November 04, 2020 07:30 AM EST| By Team Kalkine MediaSummary Tensions escalated between the two neighbors after US President Donald Trump imposed 10 per cent tariff on non-alloyed unwrought aluminum imports from Canada. Biden’s push for “Buy American” approach promises to bring .....
SpaceX Starlink & Telesat Lead Canada’s Satellite Internet Trend
November 03, 2020 11:52 AM EST| By Kunal SawhneySummary Telesat is reportedly set to launch an initial public offering (IPO) in 2021. The Ottawa-based satellite communications company is also reportedly in advanced discussions with suppliers for its LEO program. SpaceX said that it conducte.....
