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Technology
Snap Inc (NYSE: SNAP) nixes iPhone privacy fears - answer to Meta woes?
February 04, 2022 11:58 AM EST| By Rupam RoyHighlights Snap Inc forecasts revenue of US$1.03 billion to US$1.08 billion in Q1, FY22. It expects daily active users to be in the range of 328 million to 330 million. The company reported its first positive net income since its IPO in March .....
CGI (GIB.A) & Open Text (OTEX): 2 TSX tech stocks with rising profits
February 04, 2022 03:40 AM EST| By Kajal JainCGI Inc (TSX: GIB.A) and Open Text Corporation (TSX: OTEX) drew investor attention on Thursday, February 3, as it reported growing revenues and profits for their latest quarters. The Canadian tech players’ notable earnings report came as Met.....
Amazon (AMZN) rides Rivian stake to US$14.3-bn profit, raises membership fees
February 03, 2022 07:38 PM EST| By Sanjeeb BaruahAmazon.com Inc (AMZN) on Thursday posted a fourth-quarter profit of US$14.3 billion, boosted by a pre-tax gain from its stake in electric vehicle maker Rivian Automotive. The stock rose as much as 15% in the after-market hours after dipping nearly.....
Converge (CTS) & Celestica (CLS): 2 TSX alternatives to Meta (FB) stock
February 03, 2022 08:49 AM EST| By Kajal JainMeta (NASDAQ: FB, FB:US) saw its stock crumble by almost 23 per cent in after-trading hours on Wednesday, February 2. The decline came after the California-based tech giant reported a decline of about eight per cent year-over-year (YoY) in its four.....
Does BlackBerry (BB) have potential or will it remain a meme stock?
January 31, 2022 09:19 AM EST| By Raza NaqviBlackBerry Limited (TSX:BB) announced on Monday, January 31, that it will sell its non-core patent assets in a deal worth US$ 600 million. The company will be selling the patents to Catapult IP Innovations Inc., a technology company based in Delawa.....
Top 2 Canadian tech stocks to buy as IT sector stages comeback
January 31, 2022 09:18 AM EST| By Kajal JainHighlights The tech-heavy Nasdaq 100 Index increased by over three per cent on Friday, January 28, with Apple and Microsoft among the top gainers. This rebound in U.S. tech stocks came after the two tech giants announced robust financial result.....
Why is Knightscope stock skyrocketing & is KSCP worth a buy?
January 31, 2022 07:43 AM EST| By Raza NaqviStocks of Knightscope Inc. (NASDAQ:KSCP) surged 18 per cent during pre-market hours and traded at US$ 19.2 apiece at the time of writing. On January 28, the KSCP stock skyrocketed 175.6 per cent to close at US$ 16.29 per share. The sudden surge in.....
Is Real Matters (REAL) stock a buy after Q1 results?
January 28, 2022 09:18 AM EST| By Raza NaqviHighlights: Revenues from U.S. Appraisal were US$ 79.4 million in Q1 2022 compared to US$ 69.6 million, reflecting an increase of 14.1 per cent YoY. The significant sources of revenue for Real Matters are two segments- U.S. Appraisal and U.S. .....
Unity Technologies (NYSE:U): A metaverse stock for your portfolio?
January 28, 2022 05:43 AM EST| By Raza NaqviHighlights: Recently, it was announced that Unity would acquire Ziva Dynamics, one of the leading companies for digital character creation. According to the company's official blog, Unity aims to democratize Ziva's tools through this acquisitio.....
2 Canadian semiconductor stocks to explore in 2022
January 27, 2022 09:29 AM EST| By Kajal JainHighlights The semiconductor industry has witnessed continuous growth despite coronavirus-led macroeconomic pullbacks. The semiconductor industry might see a surge in demand as these advanced technologies are becoming indispensable in our lives.....
XELA stock jumps 16%: Why is Exela Technologies surging?
January 27, 2022 05:22 AM EST| By Kajal JainExela Technologies (NASDAQ:XELA, XELA:US) is gaining traction among investors amid some recent developments. Stocks of Exela Technologies surged by over 16 per cent on Wednesday, January 26, noting a daily trade volume of 268 million shares. Exela.....
Nuvei (TSX:NVEI) stock in the red: Still a buy?
January 25, 2022 08:19 AM EST| By Kajal JainHighlights Stocks of Nuvei Corporation (TSX:NVEI) plunged by almost five per cent on Friday, January 21, amid the fear of rate hikes and correction in the overvalued equities. In addition, the COVID resurgence along with other macroeconom.....
Shopify (TSX:SHOP) stock sinks 13%: Still a good buy?
January 24, 2022 05:58 AM EST| By Kajal JainHighlights Stocks of Shopify Inc plunged by over 13 per cent on Friday, January 21. Some market experts believe that Shopify, like other high multiple tech growth stocks, is caught up in the tech stock selloff led by the fear of interest .....
Nuvei (NVEI) & Wecommerce (WE): 2 tech stocks to buy on the dip?
January 20, 2022 10:54 AM EST| By Kajal JainHighlights Quite a few technology stocks fell in the wake of the Microsoft-Activision tie up on Wednesday, which has been dubbed as the biggest deal in the global gaming industry. In addition, increasing treasury yields also continue to build p.....
1Password stock available for investors? Here's what you must know
January 20, 2022 02:36 AM EST| By Raza NaqviAfter raising C$ 620 million in a funding round led by ICONIQ Growth, Canadian password management company 1Password has left potential investors wondering about its stock. The Toronto-based cybersecurity startup also saw Hollywood celebrities lik.....
Tech stocks in 2022: Will they create wealth for investors?
January 17, 2022 08:26 AM EST| By Ankit SethiHighlights Apple and Microsoft led the dream bull-run of the global stock market in 2021 Apple is now a US$3 trillion company, which adds more glamor and value to its stock Emerging tech like clean energy may, however, become the new fav.....
Shopify stock (TSX:SHOP) shed 9% in a day! Can it be a bargain deal?
January 14, 2022 05:03 AM EST| By Kajal JainShopify Inc (TSX: SHOP) saw its stock tumble by almost nine per cent on Thursday, January 13, amid some modifications in its application. The e-commerce giant has gained much traction amid the pandemic as most physical stores turned to the online .....
Lightspeed (LSPD) & BlackBerry (BB): Buy alert amid tech stock selloff?
January 12, 2022 05:09 AM EST| By Kajal JainHighlights The technology sector went through multiple massive selloffs in 2021. In 2022 too, many tech stocks continued to take a beating amid the increasing omicron spread. In Canada, the S&P/TSX Capped Information Technology Index is dow.....
How to buy GETTR Stock?
January 10, 2022 03:45 AM EST| By Raza NaqviGETTR, a social media platform and an alternative to microblogging website Twitter has been making headlines since the past week as famous podcast star Joe Rogan joined the platform. According to reports, after Mr Rogan joined GETTR, the applicati.....
How to buy Our Next Energy (ONE) stock?
January 06, 2022 04:39 AM EST| By Raza NaqviEquities market investors are looking for the stock of Michigan-based battery startup Our Next Energy, Inc. (ONE) after it said that its new battery enabled a Tesla Model S to run for 752 miles on a single charge. Mujeeb Ijaz, the chief executive .....
