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Why Is Pharmaceutical Industry Offering Canada C$1 Billion?
November 17, 2020 10:58 PM AEDT| By Kunal SawhneySummary Canada’s drug regulations would curtail drugmakers’ revenue by at least C$ 19.8 billion over the next two decades, according to an estimate by the pharmaceutical industry. Stocks of CloudMD have rocketed over 214 per cent in.....
Why Are Entertainment Stocks Cineplex & Walt Disney Rising?
November 17, 2020 09:32 PM AEDT| By Hina ChowdharyEntertainment stocks Cineplex Inc (TSX: CGX) and Walt Disney (NYSE: DIS or DIS: US) spiked this month after pharmaceutical companies Moderna and Pfizer along with BioNTech announced that their COVID-19 vaccine candidates have over 90 per ce.....
Stock Markets Rally On Moderna Vaccine Hopes; Tech, Gold & Silver Slump
November 17, 2020 03:56 AM AEDT| By Hina Chowdhary@Kalkine Image Summary North American stock markets rallied on Monday morning after Moderna claimed its Covid-19 vaccine is 94.5 per cent effective. Moderna claims that its vaccine candidate is stable at 2° to 8°Celcius (36° to 46&...
DoorDash Files For IPO. What Next?
November 17, 2020 01:19 AM AEDT| 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.....
TSX Q3 Earnings Season: Consumer Stocks Loblaw (TSX:L) & Goodfood (TSX:FOOD) In Festive Mode?
November 15, 2020 10:33 PM AEDT| By Kunal SawhneySummary Loblaw’s stock delivers positive return on equity of 12.07 per cent and offers its shareholders a quarterly cash dividend of C$ 0.335. Loblaw reported revenue of C$ 15.67 billion in the third quarter of 2020, a C$ 1 billion increa.....
NIO, Li & Fisker: Why Are Electric Vehicle Stocks Gaining?
November 14, 2020 10:31 PM AEDT| By Hina ChowdharySummary NIO’s stock has soared by over 1887 per cent since the pandemic-caused market crash in March. NIO has delivered 31430 vehicles this year, a surge of over 111.4 per cent year-over-year. Stocks of Li Auto have soared by over 117 pe.....
Why is Sony’s PS5 the biggest trend in Canadian markets today?
November 14, 2020 08:21 AM AEDT| 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 14, 2020 01:03 AM AEDT| 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 14, 2020 12:34 AM AEDT| 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.....
2 Monthly Dividend-Paying TSX Energy Stocks
November 13, 2020 04:09 PM AEDT| By Hina ChowdharySummary Pembina’ declared cash dividend of C$ 0.21 per share for November. The stock holds a current dividend yield of 8.187 per cent. Pembina’s 10-day average trading volume is 2.37 million units, making it among the most active st.....
The Green Organic Dutchman, Charlotte's Web, & Village Farms: 3 Smallcap Pot Stocks
November 13, 2020 04:05 PM AEDT| By Team Kalkine MediaCannabis stocks are soaring as the new president-elect of the United States is expected to ease cannabis sales restrictions. New York State is also already set to legalize recreational cannabis this year. Pot stocks are gaining good traction on the.....
Amid XBox & PS5 Launches, What Is In Store For Gaming Stocks?
November 12, 2020 11:12 PM AEDT| By Team Kalkine MediaSummary Microsoft launched the Xbox Series X and Xbox Series S next-generation consoles on November 10. Sony PlayStation 5 consoles will be rolled out online on November 12 for the US and Canadian market. Great Canadian Gaming Corporation will.....
Why Are Healthcare Stocks Eli Lilly & GlaxoSmithKline Trending?
November 12, 2020 10:58 PM AEDT| By Kunal SawhneySummary Eli Lilly’s Covid-19 antibody experimental drug ‘Bamlanivimab’ received US federal approval for use in adults with mild-to-moderate Covid-19 symptoms. GlaxoSmithKline’s vaccine booster and Medicago’s experi.....
Why Are Energy Stocks Suncor (TSX:SU) & Enbridge (TSX:ENB) Rallying?
November 12, 2020 10:52 PM AEDT| By Hina ChowdharySummary Shares of Enbridge Inc shot up over 10 per cent on Monday following the news of Pfizer’s successful COVID-19 vaccine trails. Suncor Energy stocks also jumped nearly 25 per cent during Monday’s intraday trading. Enbridge rel.....
This Logistic Carrier Posts Profit Despite Covid-19 Setback
November 12, 2020 10:50 PM AEDT| By Team Kalkine MediaThe Covid-19 business recovery is uneven across sectors. Among the sectors reeling from the effects of the pandemic is the transportation and logistics sector. However, there is one logistic contender that beat all odds to register strong robust grow...
How Is Alibaba Singles’ Day Event Impacting BABA Stock?
November 12, 2020 04:30 AM AEDT| 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 12, 2020 04:28 AM AEDT| 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 11:01 PM AEDT| 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$23.701. Investors are pulling out money from safe as.....
Why Are Cruise Stocks Carnival (NYSE:CCL) & Royal Caribbean (NYSE:RCL) Trending?
November 11, 2020 04:00 PM AEDT| By Team Kalkine MediaSummary Shares of cruise companies Carnival Corporations (NYSE: CCL) and Royal Caribbean Group (NYSE: RCL) rallied on Monday, November 9. The cruise stocks began trending following the announcement from pharmaceutical companies Pfizer and BioNT.....
Will Air Canada (TSX:AC) Stock Take Off Once Again?
November 11, 2020 02:26 AM AEDT| By Kunal SawhneySummary Air Canada’s performance stands out on a quarter-over-quarter basis. It reported total revenues of C$ 757 million in the third quarter of 2020, nearly 44 per cent surge quarter-over-quarter. Shares of Air Canada have soared by ov.....
