Technology
PAT, ABST, OTEX, BB & DSY: 5 Canadian cybersecurity stocks to consider
April 22, 2022 12:12 PM EDT| By Sundeep RadeshHighlights Cybersecurity is becoming increasingly important With the digitization of the workplace, cloud technology and ensuring it is secured seems to have taken on a new meaning Some experts are predicting upside growth in the cybersecurity.....
Shopify (TSX: SHOP) plans 10-for-1 stock split. Buy alert?
April 12, 2022 09:28 AM EDT| By Kajal JainStocks of Shopify Inc (TSX: SHOP) rose as high as C$ 793.3 on Monday, April 11, after its Board approved a 10-for-1 stock split. The e-commerce giant announced a couple of proposed changes to modernize its governance structure to align with long-te.....
Wecommerce (WE) & Quisitive (QUIS): Are these 2 TSXV tech stocks a buy?
April 05, 2022 01:09 PM EDT| By Sundeep RadeshHighlights The S&P/TSX Venture Information Technology (Sector) Index has sunk 17.7 per cent year-to-date The WE stock has gone up almost seven per cent in the past week QUIS has increased over 36 per cent in the last month and five per cen.....
LSPD and CTS: 2 TSX tech stocks to see as Elon Musk invests in Twitter
April 04, 2022 11:45 AM EDT| By Kajal JainHighlights Tech stocks, like Lightspeed (TSX: LSPD) and Converge (TSX: CTS), are gaining traction in the wake of Tesla CEO Elon Musk purchasing a 9.2 per cent stake in Twitter (NYSE: TWTR, TWTR: US). The social media stock surged by almost 23 p.....
Are Constellation (CSU) & Open Text (OTEX) 2 TSX tech stocks to buy?
April 04, 2022 10:26 AM EDT| By Sundeep RadeshHighlights: The S&P/TSX Capped Information Technology Index is in the red by over 20 per cent year-to-date (YTD) The CSU stock has a one month gain of 1.2 per cent and one week gain of over four per cent OTEX’s 12-month low of C$51.8.....
How to buy Teal Drones stock?
March 15, 2022 07:10 AM EDT| By Raza NaqviThe prospect of making quick money often takes people to equities markets. However, the chance of making money comes with the risk of losing everything. On Tuesday, March 15, it appeared that stock market enthusiasts were either looking for Teal D.....
CSU & GIB.A: 2 TSX tech alternatives to see as Amazon plans stock split
March 10, 2022 10:38 AM EST| By Kajal JainAmazon Inc (NASDAQ: AMZN, AMZN: US) announced its plans for a stock split on Wednesday, March 9, wherein its investors will receive 20 shares for each share they presently hold. The tech giant also announced a buyback plan of up to US$ 10 billion. .....
Why is Bumble (BMBL) stock trending?
March 10, 2022 08:11 AM EST| By Kajal JainBumble Inc (NASDAQ: BMBL, BMBL: US) has been trending high on the markets, with its stock rising as high as roughly 49 per cent on Wednesday, March 9. While the stock closed a little lower at US$ 23.64 apiece, it was still up by almost 42 per cent.....
Shopify (SHOP) vs Nuvei (NVEI): Which can be a better TSX tech stock?
March 10, 2022 07:09 AM EST| By Kajal JainWednesday, March 9, saw stocks of Shopify Inc (TSX: SHOP) and Nuvei (TSX: NVEI) trading in the green territory long after the two took a hard hit amid tech sell-off. Let us talk about the two tech stocks to explore which one could be better. Shop.....
Is Canva stock available for retail investors? All you need to know
March 10, 2022 06:50 AM EST| By Raza NaqviThe global visual communications platform, Canva, raised US$ 200 million in a funding round held in September 2021. While announcing the funding, Canva said it had a valuation of US$ 40 billion, and since then, it has kept investors interested in t.....
Can ASTS stock be alternative to SpaceX?
March 10, 2022 03:21 AM EST| By Raza NaqviStocks of AST SpaceMobile Inc. (NASDAQ:ASTS) surged about 45 per cent on Wednesday, March 9, as it announced a multi-launch agreement with Elon Musk-owned SpaceX. AST SpaceMobile is a manufacturer and designer of satellites. Also, it is building a.....
Eguana, First Hydrogen & CHAR: 3 TSX Venture 50 2022 stocks to watch
March 09, 2022 11:07 AM EST| By Sundeep RadeshThe global clean technology sector is expected to surpass C$2.5 trillion by this year. Canada envisions its clean technology sector becoming one of the top industries with regards to exports by 2025. By then, it targets achieving C$ 20 billion a ye.....
Google to buy Mandiant: 2 Canadian cybersecurity stocks to see instead
March 08, 2022 12:14 PM EST| By Kajal JainTech giant Alphabet Inc (NASDAQ: GOOGL, GOOGL: US) has announced that it plans to acquire Mandiant (NASDAQ: MNDT), a cybersecurity firm, for its cloud computing division. Following this announcement, which came on Tuesday, March 8, cybersecurity s.....
As Snowflake (SNOW) stock plunges, is Salesforce a better option?
March 03, 2022 05:59 AM EST| By Raza NaqviStocks of Snowflake Inc. (NYSE:SNOW) nose-dived after the company provided financial guidance for 2023 along with its financial results for the fourth quarter and fiscal year 2022. Snowflake projected that its annual product sales growth would slo.....
Intel (INTC) & AMD: 2 trending semiconductor stocks to bag in March
March 02, 2022 11:49 AM EST| By Kajal JainIntel Corporation (NASDAQ: INTC, INTC: US) and Advanced Micro Devices (NASDAQ: AMD, AMD: US) is drawing investors’ attention on the stock markets amid escalating geopolitical pressure. Intel stock plummeted by nearly two per cent on Tuesday,.....
Why is Advanced Micro (AMD) stock trending?
February 22, 2022 10:59 AM EST| By Kajal JainAdvanced Micro Devices (NASDAQ:AMD, AMD:US) stock surged by over two per cent to close at US$ 113.33 per share on Friday, February 18, after it drew attention from investors amid some recent announcements. The Santa Clara, California-headquartered.....
Absolute (ABST) & Magnet (MAGT): 2 TSX cybersecurity stocks for 2022
February 21, 2022 09:17 AM EST| By Kajal JainHighlights As cybersecurity becomes a crucial part of carrying out online business in these pandemic-inflicted times, companies providing such solutions, like Absolute Software (TSX: ABST) and Magnet Forensics (TSX: MAGT), could be one to watch......
Shopify (SHOP) stock is plummeting despite 41% Q4 revenue growth. Why?
February 16, 2022 10:42 AM EST| By Kajal JainHighlights Shopify Inc (TSX: SHOP), Canada’s leading ecommerce player, is drawing massive investor attention following release of its fourth-quarter results for fiscal 2021 on Wednesday, February 16. Notably, Shopify stocks were down by n.....
5N (VNP) & Celestica: How are TSX semiconductor stocks amid protests?
February 10, 2022 10:50 AM EST| By Kajal JainHighlights The anti-lockdown protests that led to a blockade on the Canadian side of the Ambassador Bridge this week is said to have hampered the US-Canada auto supply chain significantly, even leading to some operational shutdowns. This disrup.....
Why is Coveo (TSX: CVO) stock trending?
February 07, 2022 07:56 AM EST| By Kajal JainCoveo Solutions Inc, a Canadian software company, is drawing quite a bit of attention in the stock markets. Headquartered in Montreal, Quebec, it is known to provide an artificial intelligence (AI)-powered platform that helps enterprises enhance t.....