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Technology
WeCommerce (TSXV:WE) Jumps 110% On Debut Day
December 15, 2020 04:13 AM EST| By Kunal SawhneySummary Wecommerce, Shopify’s partner network firm, started trading on the TSXV on December 14. The stocks jumped whopping 110.71 per cent on the very first day of its listing and nearly 1.43 million units of the company traded. The comp.....
Airbnb Stocks Crash By 10% After Blockbuster Debut Last Week
December 15, 2020 03:52 AM EST| By Team Kalkine MediaSummary Airbnb stocks have fallen by over 10 per cent since debuting on the stock markets last week. The overwhelming response to its stock market debut saw Airbnb’s share trading open at US$ 146 per stock and hit an intraday high of US$ .....
Why Are Emerging Tech Stocks C3.ai & Facedrive Trending?
December 11, 2020 07:29 AM EST| By Hina ChowdharyAs the difficult year of 2020 comes to close, Canada’s technology sector seems to be heading to end on a high note. The latter half of 2020 saw a spike not only in the number of tech IPOs in North America, but also in merger and acquisition (.....
Is Facebook Heading For A Split?
December 11, 2020 03:21 AM EST| By Kunal SawhneySummary The US Federal Trade Commission and a 46-member bipartisan group of states and districts has filed antitrust lawsuits against Facebook Inc (NASDAQ: FCBK, FCBK:US) which seek to split the social media company. The antitrust lawsuit accus.....
9 Tech Stocks That Bloomed On TSX In 2020
December 10, 2020 11:41 AM EST| By Team Kalkine MediaWhile most companies took a severe beating in the midst of the coronavirus pandemic this year, tech and ecommerce enterprises saw their businesses bloom as the demand for technological services rose amid lockdowns. As a result, technology stocks also...
Rise of Game Stocks: CD Projekt Red & Canada Gaming Corp
December 10, 2020 07:15 AM EST| By Kunal SawhneySummary CD Projekt Red’s Cyberpunk 2077 series has triggered much anticipation among gaming enthusiasts as it is coming out after a long wait of eight years since its first teaser in 2012. CD Projekt Red stocks are up over 47 per cent thi.....
Why Is Cybersecurity Firm FireEye Trending?
December 09, 2020 11:45 AM EST| By Hina ChowdharySummary FireEye stocks have tumbled more than 10 per cent in its early intraday trading session on December 9 as the company disclosed its latest cybersecurity breach. Cybersecurity stocks have yielded 22.3 per cent returns in the last three mo.....
BlackBerry & Cloudflare: 2 Cybersecurity Stocks Worth Exploring
December 07, 2020 08:44 AM EST| By Hina ChowdharySummary Cybercrimes have cost the global economy over US$ 1 trillion, said a recent McAfee study. At least 92 percent of companies worldwide were impacted beyond financial crisis by cybercrimes, it found. Stocks of cybersecurity companies such.....
Airbnb To Raise IPO Target Share Price: What Does That Mean?
December 07, 2020 03:23 AM EST| By Team Kalkine MediaSummary Airbnb Inc is reportedly planning to increase the target price range of its initial public offering. The company is expected to debut on Nasdaq on Thursday, December 10. Airbnb had announced on December 1 that with a share price range .....
3 Rising TSXV Tech Stocks: Facedrive, Converge & Blackline Safety
December 05, 2020 12:39 AM EST| By Hina ChowdharySummary The S&P/TSX Venture Information Technology Index is up 47+ per cent year-to-date. Facedrive, Converge Technology Solutions and Blackline Safety Corp are three tech stocks that have fared well this year. Facedrive and Converge Techn.....
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Spotify (NYSE:SPOT) & Apple: 2 Trending Musical Streaming App Stocks
December 03, 2020 04:51 AM EST| By Team Kalkine MediaSummary Spotify stock (SPOT: US or NYSE: SPOT) hit an all-time high with a nearly 12.6 per cent surge on the back of its "2020 Wrapped" launch on December 2. The stocks are trading 117 per cent up year-to-date (YTD). Apple unveiled Music Repla.....
How Did Snowflake (NYSE:SNOW) Fare In 1st Earnings Report As Public Company?
December 03, 2020 04:45 AM EST| By Team Kalkine MediaSummary Snowflake Inc posted its first earnings report as a publicly listed company on December 2, reporting a 119 per cent year-over-year (YoY) growth in its revenue for the third quarter of fiscal 2021. Following the release of its latest qua.....
Why Are BlackBerry (TSX: BB) Stocks Rallying On The TSX?
December 02, 2020 03:33 AM EST| By Team Kalkine MediaSummary BlackBerry (TSX: BB) stocks skyrocketed on Tuesday after it announced its latest agreement with Amazon Web Services (AWS) to build and market its Intelligent Vehicle Data Platform (IVY). The stocks shot up nearly 19 per cent to close at.....
As Canada Post Preps For Holiday Season Rush, Look At 2 Stocks Easing Online Shopping
December 01, 2020 08:39 AM EST| By Team Kalkine MediaSummary Shopify stocks grew by almost 170 per cent year-to-date (YTD). The ecommerce giant registered revenue from subscription solutions of US$ 245.3 million in Q3 2020, a 48 per cent gain year-over-year. Stocks of Nuvei have soared nearly 35.....
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DoorDash Launches IPO: What’s In Store For The Food Delivery Giant?
December 01, 2020 04:21 AM EST| By Team Kalkine MediaSummary DoorDash has launched the roadshow for its initial public offering (IPO). Stocks of the unicorn are expected to be listed on the New York Stock Exchange (NYSE) under the ticker of ‘DASH’. The food delivery company had confi.....
Why Are Tech Stocks Slack And Salesforce Trending?
November 27, 2020 12:08 AM EST| By Team Kalkine MediaSummary Salesforce is reportedly set to acquire Slack Technologies. This transaction could beat Facebook’s US$ 19-billion acquisition of WhatsApp in 2014. On the acquisition news, stocks of Slack soared nearly 38 per cent on November 25. .....
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Drone Delivery Canada (TSXV:FLT) & AeroVironment: Why Are Drone Stocks Climbing?
November 26, 2020 12:00 AM EST| By Team Kalkine MediaSummary Stocks of Drone Delivery have rebounded nearly 54 per cent since the pandemic-led meltdown on March 24. Robin XL & Condor’s pre-selling testing results are getting positive market reactions in Canada and globally, as per Drone.....
This Software-Cum-Logistic Stock Flourishes Amid COVID-19
November 23, 2020 06:20 AM EST| By Team Kalkine MediaThe technology industry, one of the booming sectors amid the coronavirus outbreak, has rallied to record highs, leading to several software companies accumulating unprecedented wealth. The rally may continue as investors expect more growth from these...
Why NVIDIA (NASDAQ:NVDA) & CIIG (NASDAQ:CIIC) Stocks Are In Spotlight?
November 20, 2020 06:50 AM EST| By Team Kalkine MediaSummary NVIDIA Corporation (NASDAQ: NVDA) stocks skyrocketed by 128 per cent year-to-date (YTD) as online gaming business boomed amid the coronavirus pandemic. The company posted a record revenue in the third quarter fiscal 2021, up 57 per cent.....
DoorDash Files For IPO. What Next?
November 16, 2020 09:19 AM EST| 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.....
