Technology
Jack Ma-Xi Jinping Standoff: The Battle Between Chinese Govt vs Private Tech
January 13, 2021 04:49 AM EST| By Team Kalkine MediaAfter speculation of billionaire entrepreneur Jack Ma missing for two months, reports now claim that the Chinese government is seeking to nationalize his billion-dollar companies, Alibaba and the Ant Group. The rumors come in the backdrop of a Chines...
Square & PayPal: 2 FinTech Stocks On Investors’ Radar
January 12, 2021 12:11 PM EST| By Team Kalkine MediaSummary Stocks of the two giant online payment companies plummeted on Monday, led by bitcoin’s volatile trends. Stocks of Square Inc. has yielded over 231 per cent in one year, with a present ROE of 18.72 per cent. PayPal’s stock h.....
Twitter & Facebook Stocks Plunge As Trump-backed Investors Retract
January 11, 2021 08:14 AM EST| By Kunal SawhneyTwitter Inc. (TWTR:US or NYSE: TWTR) and Facebook Inc. (FB:US or NASDAQ: FB) stocks declined in the early trading hours of Monday (January 11, 2021) after the social-media giants banned US President Trump's account. This pan-social media ban against...
Fintech firm SoFi To Debut Via Merger With Chamath Palihapitiya’s SPAC
January 08, 2021 10:21 AM EST| By Team Kalkine MediaMobile-first financial service provider Social Finance Inc, aka SoFi, it is set to go public through a merger with blank check firm Social Capital Hedosophia Holdings Corp V (NYSE: IPOE, IPOE.U:US), the unicorn company revealed on Thursday. Social.....
Tesla Boss Elon Musk Dethrones Jeff Bezos To Become World’s Richest Person
January 07, 2021 11:21 AM EST| By Team Kalkine MediaTesla Inc (NASDAQ:TSLA, TSLA:US) and SpaceX founder Elon Musk finally zoomed past Amazon Inc head Jeff Bezos, to earn the title of the richest person in the world. His net worth is now over US$ 185 billion. The near three-per cent jump in Tesla&rsqu...
Hootsuite Acquires SaaS Platform Sparkcentral, Eyes 25% Growth Before Public Debut
January 06, 2021 11:52 AM EST| By Hina ChowdharySubscription-based social media management company Hootsuite has acquired Sparkcentral, a software as a service (SaaS) firm. The arrangement of the deal has not yet been made public. Hootsuite management expects consistent growth before it goes publ...
Peck (NASDAQ:PECK) Stocks Soar 70% After Revealing Plans To Buy iSun Energy
January 06, 2021 08:04 AM EST| By Team Kalkine MediaThe Peck Company Holdings Inc (NASDAQ: PECK, PECK:US) saw its stocks soar by over 70 per cent on Tuesday, January 5, after it announced its plans to purchase electric vehicle hub provider iSun Energy in an all-stock transaction. ©Kalkine Gr.....
OpenText (TSX:OTEX) & Constellation (TSX:CSU): 2 Trending Tech Stocks
January 05, 2021 04:31 AM EST| By Hina ChowdharySummary Stocks of OpenText Corporation jumped about 17 per cent in November and were trading flat in December. OpenText pays a quarterly dividend US$ 0.201, which currently has an yield of 1.823 per cent. Constellation Software shares recorded.....
2 Stocks Yielding 2000+% Returns This Decade
December 31, 2020 02:31 PM EST| By Kunal SawhneySummary A freight airline stock has maintained a decade-long winning spree and reaped 2254 per cent gains. The cargo firm has also paid a steady dividend to its unitholders throughout the decade. Stocks of an e-commerce company have returned 41.....
5 Pandemic-Proof E-Commerce Stocks Of 2020
December 30, 2020 05:20 AM EST| By Hina ChowdharySummary An e-commerce solution provider’s stock is up 140+ per cent year-to-date, driven by online vendors surge amid the pandemic. A giant e-commerce platform’s stock has zoomed 190 per cent as people shifted online to shop for nec.....
Tech Stocks Turn Hot As Canada Reenters Lockdown
December 29, 2020 06:28 AM EST| By Hina ChowdharySummary Tech stocks are up amid the second phase of lockdown in Canada. The S&P/TSX Capped Information Technology Index is already up 58 per cent this year, guided by Shopify’s unprecedented stock performance. Shopify stocks have inc.....
Why LightSpeed (TSX:LSDP) & Ocugen Are Trending in Canadian Markets?
December 23, 2020 05:07 AM EST| By Kunal SawhneySummary Ocugen stocks jumped nearly 174 per cent on December 22, guided by its partnership with Bharat Biotech to co-develop COVID-19 related vaccine for the US pharma market. Ocugen’s 734 million scrips changed hands in a single trading .....
Apple, Velodyne Lidar & Tesla: Are Self-driving Car Stocks The New Fad?
December 22, 2020 06:00 AM EST| By Kunal SawhneySummary Apple Inc is reportedly planning to enter the autonomous vehicle industry by 2024 with a self-driving passenger car. Velodyne Lidar stocks jumped almost 21 per cent on Monday in the wake of the Apple news. If Apple is successful in lau.....
Blackberry & Constellation: Why These Tech Stocks Are Rallying Today?
December 18, 2020 06:05 AM EST| By Kunal SawhneySummary Stocks of BlackBerry Limited began trending after the cybersecurity company released its latest quarter financial results on Thursday, December 17. The company’s total revenue registered a quarter-over-quarter drop to US$ 218 mill.....
WeCommerce, WISH & Wishpond: Traders Getting Bullish On E-Commerce Stocks
December 17, 2020 10:13 AM EST| By Kunal SawhneySummary WeCommerce stocks yielded a double-digit return on December 16. Its current market cap is closer to C$ 1 billion mark. WeCommerce stocks have added almost 105 per cent growth since Monday. Stocks of e-commerce platform Wish trading on .....
Apple Stocks (NASDAQ:AAPL) On A Record High Amid Holiday Season
December 16, 2020 04:55 AM EST| By Team Kalkine MediaStocks of Apple Inc. (AAPL: US or NASDAQ: AAPL) soared 5.01 per cent to a record US$ 127.88 per unit on Wednesday, December 15, in the wake of production increase report and festive season mood of investors. The spike came after a two-day losing st.....
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.....