Stocks
Why HIVE Blockchain (TSXV:HIVE) Stocks Are Buzzing Today?
February 03, 2021 12:17 PM EST| By Kunal SawhneySummary HIVE stock swelled over 12 per cent on Tuesday, after being named as ‘the most liquid stock’ on the TSXV. The shares have gained 474 per cent in the last three months, driven by the crypto rally. The company has doubled its.....
Alphabet (GOOG) Stocks Rise As Q4 2020 Revenue Exceed Analyst Forecast
February 03, 2021 12:06 PM EST| By Kunal SawhneySummary Alphabet, the parent company which owns Google and its subsidiaries, posted a 23 per cent year-over-year (YoY) increase in its record revenue of US$ 56.9 billion in the fourth quarter of fiscal 2020. Its full-year revenue for fiscal 202.....
Kia Motors Jump 10% On Rumors Of EV Deal With Apple?
February 03, 2021 12:04 PM EST| By Hina ChowdharySummary Reports claims that Kia Motors Corp is heading for a billion-dollar collaboration deal with Apple Inc to produce electric vehicles. Kia Motors’ stocks are up nearly 10 per cent at KRW 97,700 (C$ 111.97) in the wake of the news. T.....
GlaxoSmithKline & CureVac Collaborate To Develop COVID-19 Vaccines
February 03, 2021 09:27 AM EST| By Kunal SawhneySummary GlaxoSmithKline and CureVac announced their partnership to co-produce mRNA-based COVID-19 vaccine candidates that would combat the new coronavirus mutants. Stocks of both pharma companies started showing movement in pre-market hours. Cu.....
Spotify’s (NYSE:SPOT) Revenues Rise 17 Percent In 4th Quarter As More Users Sign-Up
February 03, 2021 09:24 AM EST| By Kunal SawhneySummary Spotify currently has 345 million active subscribers across different geographies. Subscription revenue rose by 15% to €1.89 billion as new users from India, Russia sign-up. Ad revenue saw consecutive quarterly growth, rising by 2.....
Ocugen & Cassava: 2 Biotech Stocks On The Rise
February 03, 2021 06:16 AM EST| By Kunal SawhneySummary Ocugen’s stock soared 80 per cent on Tuesday, as the company announced its collaboration with India’s Bharat Biotech to retail and co-develop COVID-19 Vaccine COVAXIN™ in the US markets post FDA approval. Ocugen’.....
3 Dividend-Paying TSX Stocks On Investors’ Radar
February 02, 2021 12:29 PM EST| By Hina ChowdharySummary Labrador, Keyera, and Enbridge rank high among the dividend stocks. These Canadian companies have outperformed their peers in recent times. Companies paid regular dividends, giving long-term stable income to investors. Cho.....
Trending TSX Finance Stocks: Scotiabank (BNS) & Senvest Capital (SEC)
February 02, 2021 12:15 PM EST| By Team Kalkine MediaSummary BNS’s stocks are up 24 per cent in the last three months. Senvest’s shares have amplified by 58 per cent year-to-date (YTD), with a price-to-cashflow ratio of 4.10. Both financial stocks have surpassed the S&P/TSX Cappe.....
Imperial Oil Ltd. (TSX: IMO) Reports Higher Oil Production For Q4 2020
February 02, 2021 11:58 AM EST| By Kunal SawhneySummary Imperial Oil posted higher oil production year-over-year (YoY) for Q4 2020 but recorded a net loss due to lower sales amid the COVID-19 outbreak. The company will distribute a quarterly dividend of C$ 0.22 per common share for Q1 2021. .....
Why Blackberry (TSX:BB) Stocks Continue To Draw Investors’ Attention?
February 02, 2021 11:16 AM EST| By Hina ChowdharySummary BlackBerry stocks have been on a bull run, seeing high growth in the past one month. In the past month, BlackBerry stock prices surged more than 100 per cent. BlackBerry specializes in software solutions, protecting end-to-end services.....
Growth Stocks: 3 Psychedelic Players To Explore
February 02, 2021 09:51 AM EST| By Kunal SawhneySummary The Vancouver-based Numinus’ stock has yielded 200 per cent returns in the last three months. The Canadian Securities Exchange (CSE)-listed Psyched Wellness’ shares have also delivered 200 per cent growth in one year. Newly.....
Why Sensor Technologies (CSE:SENS) Stocks Galloped 200%?
February 02, 2021 07:01 AM EST| By Hina ChowdharySummary Stocks of Sensor Technologies Corp (CSE: SENS) galloped by over 200 per cent on Monday, February 1. The Canadian sensor systems provider said it plans to purchase all securities of lighting manufacturer EmersonGrow Technologies Inc for .....
Sherritt & Lithium Americas (LAC): 2 TSX Battery Stocks Powering Up
February 02, 2021 06:00 AM EST| By Team Kalkine MediaSummary Sherritt’s shares are up 33 per cent this year after the company announced higher production guidance for 2021. Stocks of Sherritt have surged by 214 per cent in one year, and the company is set to announce its Q4 results on Febru.....
WPT Industrial (WIR.U) & RioCan (REI.UN): 2 Dividend-Paying REITs
February 01, 2021 12:14 PM EST| By Kunal SawhneySummary Canada’s real estate price growth outperformed almost every other market in the pandemic-ridden stretch of 2020. WPT Industrial REIT distributes a monthly dividend of US$ 0.063, which currently has an yield of 4.84 per cent, as pe.....
First Majestic (TSX:FR) & MAG: Silver Stocks Caught in Reddit Binge?
February 01, 2021 12:02 PM EST| By Kunal SawhneySummary The stock prices of MAG Silver Corp rose by nearly 110 percent in one year. Stock value of First Majestic Silver increased by more than 115 percent. Both companies register impressive silver productions in their mines in Mexico. &.....
Supreme Cannabis (VFF) & Village Farms (FIRE): TSX Pot Stocks On Rise
February 01, 2021 11:46 AM EST| By Kunal SawhneySummary Village Farms’ stock gained 110 per cent in one year and has a current market cap of C$ 1.17 billion. Supreme Cannabis is trading actively with an average volume of 6 million for the last 10 days. Its scrips are up 17 per cent yea.....
Enbridge (TSX:ENB) & Cenovus (TSX:CVE): 2 Active Energy Stocks
February 01, 2021 11:44 AM EST| By Kunal SawhneySummary The TSX Capped Energy Index’s one-year return has declined by more than 30 per cent. Despite the decline, stocks of Enbridge and Cenovus continue to be among the most active stocks on the TSX. In the last three months, Enbridge a.....
Is Canada’s EV Market Heading For A Boom?
February 01, 2021 11:22 AM EST| By Hina ChowdharySummary With more American EV companies investing in Canada-based facilities, the country could be closer to its goal to be a global leader in the EV movement than ever before. In the last six months, two major US-based automakers have announce.....
Supreme Cannabis (VFF) & Village Farms (FIRE): TSX Pot Stocks On Rise
February 01, 2021 10:13 AM EST| By Kunal SawhneyThe Canadian cannabis industry has recovered from the COVID-19 led slump and delivered 16 per cent returns in the last one year. The S&P/TSX Cannabis Index has surged by 44.67 per cent this year as Joe Biden, the new US president entere.....
Exxon & Chevron Merger On Cards?
February 01, 2021 07:40 AM EST| By Hina ChowdharySummary Exxon and Chevron initiated their merger discussion last year, as per multiple media reports. Both oil companies may resume talks in the future. Stocks of both the energy giants declined last year due to volatile global oil prices. St.....