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Technology
Should You Buy Tecsys (TSX:TCS) Stock Today?
May 17, 2021 08:06 AM EDT| By AnujStocks of technology company Tecsys Inc (TSX:TCS) have dropped nearly 39 per cent in the last three months. Does that mean it is time to lose interest in this stock? A number of factors drive a stock’s long-term price trends, one of them being...
Looking For Jr Tech Stocks To Buy? Try Blackline (BLN) & Sangoma (STC)
May 13, 2021 02:41 PM EDT| By Raza NaqviSummary The information technology sector outperformed most sectors in 2020 amid the pandemic. This year too, as work-from-home operations and demand for online services persist amid rising COVID cases, this sector is likely to witness a boom .....
2 Cybersecurity Stocks To Buy Amid Colonial Pipeline Hack Crisis
May 13, 2021 12:28 PM EDT| By Raza NaqviOver the past few years, the risk of cyberattacks has significantly grown. The world has witnessed numerous cases of data breaches, crypto-jacking, attempts on hacking government servers, etc. Most recently, US company Colonial Pipeline was forced to...
Amazon Dodges US$300 Million EU Tax Order
May 12, 2021 07:23 PM EDT| By Team Kalkine MediaSummary European judges noted that the European Commission failed to show proof of preferential treatment to Amazon by Luxembourg. European Commissioner for Competition Margrethe Vestager had filed the tax evasion case against Amazon. In 2020,.....
Photon Control (TSX:PHO): Is It Time To Sell This Stock?
May 11, 2021 10:34 AM EDT| By Raza NaqviSummary Stocks of Canadian company Photon Control Inc (TSX:PHO) shot up by about 17 per cent to closed at C$ 3.63 on Monday, May 10. The surge came after tech firm MKS Instruments Inc (NASDAQ:MKSI) announced its plans to acquire Photon Control .....
Nuvei (TSX:NVEI) Revenue Climbs 80%. Worth A Buy?
May 10, 2021 12:40 PM EDT| By Raza NaqviSummary The electronic payment processing company posted revenue of US$ 149.9 million in Q1 2021. In September 2020, when Nuvei made its debut on the Toronto Stock Exchange (TSX). Over 185K NVEI shares were traded on an average in the past 90 .....
LEDS Stock: What’s Behind Sudden Rise of Taiwanese SemiLEDs?
May 07, 2021 05:31 AM EDT| By Raza NaqviStocks of Taiwanese company SemiLEDs (NASDAQ:LEDS) jumped from US$ 5.5 to US$ 10.22, up by about 86 per cent on Thursday, May 6. However, there was no news from the company that led to this sudden spike and it seems that this was caused by possible.....
Amazon’s Net Profit More Than Triples In Q1 As Revenue Hits US$100B
April 29, 2021 09:00 PM EDT| By Team Kalkine MediaAmazon.com, Inc.’s (NASDAQ: AMZN) net income has more than tripled in the first quarter of 2021, backed by strong revenue growth in e-commerce and cloud business, the company said in its earnings report on Thursday, April 29. The technology .....
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Lightspeed (TSX:LSPD) & Docebo (TSX:DCBO): 2 Must-Buy Tech Stocks
April 29, 2021 09:42 AM EDT| By AnujRenewed lockdowns in Canada have propelled the demand for software-as-a-service (SaaS) products once again. In this light, stocks of Canadian tech firms Lightspeed POS Inc (TSX:LSPD) and Docebo Inc (TSX:DCBO) have been trending for a while now, risin...
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Magnet Forensics (TSX:MAGT) Expands IPO, Stocks Soar 35% On Debut Day
April 29, 2021 08:55 AM EDT| By Team Kalkine MediaSummary Canadian tech firm Magnet Forensics Inc (TSX:MAGT) debuted on the Toronto Stock Exchange (TSX) on Wednesday, April 28. A day before its TSX debut, the cybersecurity startup expanded the size of its IPO from initially announced C$ 90 mil.....
Drone Delivery (TSXV:FLT) & AeroVironment: 2 Drone Stocks To Invest In
April 28, 2021 01:15 PM EDT| By Team Kalkine MediaSummary Drone technology is becoming increasingly popular in Canada and many other countries. A report from Grand View Research suggests that the global commercial drone market size will expand at a compound annual growth rate (CAGR) of 57.5 pe.....
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Real Matters (TSX:REAL) Stock Rising Today. Should You Buy?
April 28, 2021 12:53 PM EDT| By Team Kalkine MediaSummary Real Matters Inc (TSX:REAL) announced its financial results for the second quarter of fiscal 2021 on Wednesday. The company achieved a consolidated net revenue of US$ 46.7 million, registering an increase of 29.8 per cent year-over-year.....
Shopify (TSX:SHOP) Reports 110% YoY Revenue Growth in Q1, Stocks Spike
April 28, 2021 12:24 PM EDT| By AnujSummary Stocks of Shopify Inc (TSX:SHOP) jumped as much as 10 per cent on Wednesday (11.14AM EST). Its stock was also up over 5.3 per cent in premarket trading on the New York Stock Exchange (NYSE). Its top line soared 110 per cent to US$ 988......
Thinkific (TSX:THNK) Stocks Surge 20% On Debut Day After C$160Mn IPO
April 28, 2021 06:23 AM EDT| By Team Kalkine MediaSummary Thinkific Labs Inc (TSX:THNC) went public on the Toronto Stock Exchange (TSX) on Tuesday, April 27. Its public debut comes after an initial public offering (IPO) that is said to have raised over C$ 160 million. The Vancouver-based comp.....
Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth
April 27, 2021 07:05 PM EDT| By Team Kalkine MediaSummary Microsoft’s total revenues rose 19% to US$41.7 billion, while its operating income jumped 31% to US$17 billion in the quarter ended March 31, 2021. Microsoft stocks (NASDAQ:MSFT) were trading flat at US$261.97 at 4:00 pm ET on Tue.....
Amazon Stocks (NASDAQ:AMZN) Shine On Stock Split Hopes
April 27, 2021 02:24 PM EDT| By Team Kalkine MediaSummary News of Amazon stock split draws fresh attention to the stocks, whose value jumped nearly 44% over the past year. Amazon is likely to announce its latest quarterly results later this week. Amazon’s net sales had risen by 38% in 2.....
Canada's Absorb Software, Valued At $500Mn, To Be Bought By US Firm
April 21, 2021 04:08 AM EDT| By Shreya BiswasSummary Calgary-based tech firm Absorb Software said on Tuesday, April 20, that it is being purchased by American private equity company Welsh, Carson, Anderson and Stowe. Absorb, however, did not disclose the deal’s financial terms.. Th.....
Drone Delivery Canada (TSXV:FLT) & EHang: 2 Drone Stocks To Buy
April 20, 2021 02:15 PM EDT| By Team Kalkine MediaSummary The drone industry has been registering quite a rise in demand across the world. The drone services market is estimated to grow at a compound annual growth rate (CAGR) of about 60 per cent, according to a recent study. Amid rising COVI.....
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Here’s Why Sysorex (SYSX) Stock Soared Over 600%
April 15, 2021 09:08 AM EDT| By Team Kalkine MediaSource: TippaPatt, Shutterstock Summary Compared to its average monthly volume of 12,416 shares, 3.5 million Sysorex shares were traded on April 14. Syrorex has announced closing the reverse triangular merger with TTM Digital Assets & Tech...
BlackBerry (TSX:BB) Stock A Buy Following IBM Canada Deal?
April 13, 2021 12:22 PM EDT| By AnujSource:totojang1977, Shutterstock Stocks of BlackBerry Limited (TSX:BB) began trending on Tuesday, April 13, across North American stock markets as the company partnered with IBM Canada (IBM:US, NYSE:IBM) for the commercialization of its software pl...
