Technology
Should You Buy 1-Week Old Roblox (RBLX) Stocks?
March 17, 2021 05:38 AM EDT| By Shreya BiswasSource: New Africa, Shutterstock Summary It has already been a week since video game retailer Roblox Corporation (NYSE:RBLX, RBLX:US) entered the big bold world of stock markets. Its shares hit the New York Stock Exchange (NYSE) via direct pub...
5 Canadian Tech Stocks To Explore Beyond Shopify in 2021
March 16, 2021 10:21 AM EDT| By Team Kalkine MediaSource: SFIO CRACHO, Shutterstock Summary During the pandemic, the tech stocks witnessed a boom; it is expected to do well this year as well. With the threat of the new variants of the coronavirus, another lockdown cannot be ruled out, thus re...
Tencent Stocks Dip Amid China’s Anti-Trust Crackdown
March 12, 2021 07:59 AM EST| By Shreya BiswasSource: TippaPatt, Shutterstock Summary Multinational conglomerate Tencent Holdings Ltd (HKG:0700, TCTZF:US) saw its Hong Stock Exchange-listed stocks dwindle by over four per cent on Thursday, March 11. The latest drop pulled its year-to-date...
Lightspeed (TSX:LSPD) Up 227%: Should You Buy This Tech Stock?
March 12, 2021 06:16 AM EST| By Shreya BiswasSource: ESB Professional, Shutterstock Summary On Thursday, March 11, Lightspeed scrips shot up by nearly 10 per cent on Thursday, recording a market cap* of C$ 10.2 billion. Based in Montreal, Lightspeed POS provides Software as a Service (Sa...
Koss Stock Soars Over 69%: Should You Buy This Growth Stock?
March 11, 2021 07:03 AM EST| By AnujSource: ESB Professional, Shutterstock Koss Corporation (KOSS:US or NASDAQ: KOSS), one of the favorite meme stocks, bounced back as retail investors on subreddit r/WallStreetBets indulged in heavy activity on Wednesday. Over 60.33 million shares exc...
Exela Technologies (NASDAQ:XELA): A Junior Tech Stock To Explore
March 10, 2021 06:48 AM EST| By AnujSource: TippaPatt, Shutterstock Stocks of Exela Technologies Inc (XELA:US or NASDAQ: XELA), a cloud-based software solutions provider, jumped over 179 per cent on Tuesday (March 9) after bagging a contract worth US$ 90 million from a health insuranc...
Will Shopify (TSX:SHOP) & Other Canadian Tech Stocks Recover Today?
March 09, 2021 10:10 AM EST| By AnujSource: New Africa, Shutterstock NASDAQ-listed tech stocks have started rebounding from yesterday’s selloff. FAANG stocks are nearly 2 per cent up in Tuesday’s premarket trading. Silicon Valley-based tech giant Apple (APPL: US or NASDAQ...
Extreme Vehicle Battery (CSE:ACDC): Time To Buy This EV Stock?
March 08, 2021 09:36 AM EST| By AnujSource: Chonlawut, Shutterstock Extreme Vehicle Battery Technologies Corp (CSE: ACDC) gained as much as 31.65 per cent by market close on Friday, March 5. The jump came after the firm announced the launch of its advanced battery system IoniX Pro Rec...
Why Are Canadian Investors Buying Overvalued Tech Stocks?
March 07, 2021 12:59 AM EST| By Shreya Biswas>The Canadian technology sector has returned 51 per cent in the last one year. It is often argued by experts on various forums that technology stocks are overvalued, and investors should be careful before blocking any substantial amount as inves...
Bumble Inc. (NASDAQ:BMBL): Best Growth Stock To Buy in 2021
March 06, 2021 06:26 AM EST| By Team Kalkine MediaBumble Inc. owns two apps, Bumble and Badoo, and both are growing in popularity. The stock of American dating app Bumble Inc. (NASDAQ:BMBL) rallied on Friday after making it to the top trending list of Yahoo and Google. The stock gained 3.37 p.....
Topicus.com (TSXV: TOI): An Upcoming Tech Stock To Watch
March 05, 2021 12:08 PM EST| By AnujSource: ESB Professional, Shutterstock Summary The Netherland-based provider of software for the diversified vertical market debuted on the TSXV on February 2nd, 2021. Its last one-month return is eight per cent, which has grabbed the attentio...
Can BlackBerry (BB) Stock Make A Comeback?
March 04, 2021 04:18 PM EST| By AnujSource: Shutterstock Blackberry Limited (TSX: BB) stock had a staggering start to 2021, with a triple-digit return in the month of January. But then, it witnessed a massive sell off last month. Hence, the question arises, ‘what’s next f...
Why Dye & Durham (TSX: DND) Is A Buy Stock?
March 03, 2021 04:37 AM EST| By Ipsita SarkarSource: ESB Professional, Shutterstock Summary Dye & Durham’s revenues grew 96 per cent to C$33.7 million in Q3 ended Dec. 31, 2020. The company to pay a quarterly dividend of C$0.01875 per share, payable by March 12, 2021. CEO Matt...
Want To Buy Zoom (NASDAQ:ZM) Stock? Here Are 2 Alternatives
March 02, 2021 04:13 AM EST| By Shreya Biswaso-date (YTD). In the last one year, a video stock surged by about 15 per cent. Zoom Video Communications (NASDAQ:ZM, ZM:US) was one of the few companies that gained from the coronavirus pandemic. As more institutions sought out ways to keep in...
Are Technology Stocks More Volatile?
March 01, 2021 10:55 AM EST| By AnujSource: TippaPatt, Shutterstock Summary As most stocks plummeted and investors became skeptical about parking their funds, stocks of technology companies surged to notable levels on the back of the rising demand of tech services in a lockdown s...
Salesforce (CRM) Stock Plunges On Disappointing FY22 Profit Forecast
February 26, 2021 06:43 AM EST| By Shreya BiswasSource: Wright Studio, Shutterstock Summary Salesforce stock price down by 3.9 per cent on account of low 2022 profit projections. Salesforce - Slack deal seen through the lens of skepticism. Its Q4 revenue rose 20 per cent year-over-year to...
Koss Gets A Reddit Bump, Stocks Fly High
February 26, 2021 02:37 AM EST| By Ipsita SarkarSource: ranjith ravindran, Shutterstock Summary Scrips of Koss Corporation (NASDAQ: KOSS) surged 42 percent in morning trade. It was among the top volume leaders on Nasdaq. Company revenues grew by 18.4 percent to US$4.9 million in Q4....
Is BlackBerry (TSX:BB) Stock Still A Buy?
February 25, 2021 07:49 AM EST| By AnujSource: husjur02,Shutterstock Summary BlackBerry stock bounced back more than 8 per cent, with a one-day volume of 7.61 million on Wednesday. The stock was also up 6.80 during its pre-market hours. The company has been expanding its software s...
Shopify (TSX:SHOP) Stock: Is This Profitable Tech Firm A Buy?
February 23, 2021 10:22 AM EST| By Ipsita SarkarCanada’s largest ecommerce platform Shopify Inc. (TSX, NYSE: SHOP) aims to raise US$1.55 billion via a public stock offering of 1.18 million Class A shares priced at US$1,315 apiece. The tech giant aims to use the funds for growth strategies a...
FLT & PHO: 2 Canadian Tech Stocks Under C$5 To Buy Today!
February 22, 2021 09:58 AM EST| By AnujSummary A semiconductor stock has outperformed the S&P/TSX Capped Information Technology Index and yielded four times growth in 2021. Stocks of an optical fiber producer have gained over 128 per cent in one year. On top of that, the firm re.....